FNEX News

In a bold and potentially groundbreaking move, artificial intelligence startup Perplexity AI has revised its merger proposal with TikTok’s Chinese parent company ByteDance, introducing a plan that would grant the U.S. government up to a 50% stake in TikTok’s U.S. …

Brex, a leading US-based spend management and corporate card platform, has announced the successful closure of a two-year, $235 million revolving credit facility. This milestone underscores the company’s commitment to enhancing its suite of financial products designed for startups and …

A consortium of prominent technology companies has announced a groundbreaking initiative to invest $500 billion over the next four years in building advanced AI infrastructure across the United States. Dubbed the Stargate Project, this ambitious undertaking was unveiled on January …

In a surprising twist to TikTok’s tumultuous journey in the United States, YouTube sensation and TikTok star Jimmy Donaldson, better known as MrBeast, has emerged as a key player in the effort to acquire the social media giant. With TikTok …

High-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals have historically allocated minimal portions of their portfolios to alternative investments. However, this untapped market is rapidly becoming a focal point for wealth managers seeking to diversify client portfolios and enhance returns. Currently valued …

In a move signaling its commitment to enhancing corporate offerings, Perplexity, the AI-powered search engine, has acquired Read.cv, a professional social media platform. Announced via Read.cv’s blog post, the acquisition marks a pivotal chapter for the West Berkeley-based platform as …

CoreWeave, the AI Hyperscaler™, has revealed that its first two data centers, located in Crawley and London Docklands, are now fully operational. These state-of-the-art facilities mark a significant milestone in CoreWeave’s commitment to advancing high-performance computing (HPC) capabilities in the …

The fintech sector is abuzz with news that Chime, the digital banking disruptor, has confidentially filed for an IPO, targeting a 2025 launch. Once valued at nearly $25 billion during the pandemic-fueled fintech boom, Chime is making a comeback after …

Anthropic, the AI startup founded by former OpenAI executives, is reportedly in late-stage discussions to raise up to $2 billion in funding at a valuation of $60 billion. The funding round, led by Lightspeed Venture Partners, would place Anthropic among …

The defense and transportation sectors are undergoing a transformative era, driven by technological advancements and strategic investments. At the forefront of this shift is Anduril Industries Inc., a cutting-edge defense technology company headquartered in Costa Mesa, California. Known for its …

This year 2025 is poised to redefine private markets, with transformative trends in private credit, AI-driven opportunities, M&A and IPO activity, and real estate tailwinds. As BlackRock’s recent 2025 Private Markets Outlook reveals, private markets are on a trajectory of …

The artificial intelligence (AI) landscape is undergoing a seismic transformation. As enterprises strive to deploy and optimize AI systems, three critical infrastructure shifts are reshaping the way businesses approach this cutting-edge technology. Companies like OpenAI exemplify this shift, with their …