Digital Marketing

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Ramp eyes $60bn valuation three months after $44bn, Bloomberg reports

Ramp, the corporate card and spend management company, is in early talks to raise new funding at a valuation of roughly $60bn. That would put it $16bn above the valuation it reached just three months ago. Rebecca Torrence and Natasha Mascarenhas of Bloomberg reported the talks on 8 September, citing people familiar with the efforts. […]

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UK will legislate to make Apple and Google block nude images for children

The UK government will legislate to force Apple and Google to block nude images on children’s phones and tablets. The law would stop children taking, sharing or viewing them. Lisa Nandy, the culture secretary, told the House of Commons on 8 September that voluntary talks with the two companies had not gone far enough. In […]

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US closes $1.9bn loan to restart the Iowa nuclear plant powering Google

The US Department of Energy has lent NextEra Energy up to $1.9bn to restart the Duane Arnold Energy Center. It is Iowa’s only nuclear power plant. Most of its power is already sold to Google, under a 25-year deal to supply the company’s cloud and AI infrastructure in the state. The department’s Office of Energy […]

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Celero raises $275m to bring coherent optics inside AI data centres

Celero Communications, a two-year-old chip startup, has raised $275m in a Series C round that values it at more than $3bn. It makes the processors that push data down fibre optic cables between AI chips, racks and whole data centres. Atreides Management, Valor Equity Partners and CapitalG, Alphabet’s growth fund, co-led the round. Dina Bass […]

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