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T-Mobile’s Gopalan turns to home internet and AI after a 25% slide

Business, Digital Marketing, Ecosystems, Investors and funding, SEO Tips, Technology /

T-Mobile US chief executive Srini Gopalan declined to comment on a possible merger with parent Deutsche Telekom, days after Elliott built a stake to oppose it. A full combination would put the holding company outside Germany and cut the German state and KfW’s joint holding from about 28% to roughly 17%. T-Mobile US chief executive […]

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ByteDance raises $29.6bn, Asia’s second-biggest loan this year, and pays less for it

Business, Digital Marketing, Investors and funding, SEO Tips, Technology, TikTok /

ByteDance has landed a $29.6bn loan, the second-largest in Asia this year and roughly three times what the TikTok owner borrowed offshore in 2024. Banks put in more than $30bn of orders for a facility that started life at $20bn. The terms were first reported by Bloomberg. Citigroup and JPMorgan are coordinating the deal, which runs […]

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ByteDance raises $29.6bn, Asia’s second-biggest loan this year, and pays less for it Read More »

Wonderful raises $550M Series C at $5B valuation, led by Insight Partners with Salesforce

Artificial Intelligence, Business, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

Wonderful has closed a $550M Series C at a $5B valuation led by Insight Partners with Salesforce participating, eighteen months after being founded and six months after a $150M round at $2B. Its press release is datelined Amsterdam while Israeli technology press covers it as an Israeli company. Wonderful has raised $550M at a $5B […]

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Trump Jr’s fund 1789 Capital leads a $1bn round valuing Polymarket at $21bn

Digital Marketing, Investors and funding, SEO Tips, Technology, United States /

Donald Trump Jr is a partner at the fund leading Polymarket’s new funding round. He is also a strategic adviser to Kalshi, Polymarket’s principal competitor. 1789 Capital is putting about $300m into a round of roughly $1bn that values Polymarket at $21bn, Forbes reported. Other investors in the round have not been named. The firm was already […]

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Tim Draper, the SpaceX and Tesla investor, is selling his $7.9M private island in Tanzania

Business, Digital Marketing, Ecosystems, Investors and funding, Next Featured, SEO Tips, Technology /

A Polymarket post says venture capitalist Tim Draper is selling his island in Tanzania for $7.9M because he does not use it enough, a claim TNW has not independently verified. The ECB reported this month that EU venture capital funds hold around 150B euros against roughly 930B euros in the United States. Tim Draper is […]

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Lambda inks $1B private debt for Nvidia chip deal

Artificial Intelligence, Business, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius, which borrowed $775M against its own chips and holds a five-year Microsoft contract worth $19.4B. Lambda has raised about $1B of private debt to buy Nvidia chips […]

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France’s Pasqal is public, with $360M and a valuation of about 100 times revenue

Business, Digital Marketing, Europe, Investors and funding, Next Featured, Quantum tech, SEO Tips, Technology /

Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to Reuters. The merger with Bleichroeder Acquisition Corp. II closed on 27 August, a day after shareholders approved it, leaving the company with roughly […]

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France’s Pasqal is public, with $360M and a valuation of about 100 times revenue Read More »

a16z has raised $1.1bn to invest in the physical layer of AI

Artificial Intelligence, Digital Marketing, Investors and funding, SEO Tips, Technology /

Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence runs on, from chips to the buildings that house them. The mandate takes in chips, memory, networking and storage, and then keeps going. Complete systems qualify too, defined broadly […]

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Kevin Durant’s $250,000 Hugging Face bet is reportedly worth $60M

Business, Digital Marketing, Ecosystems, Investors and funding, SEO Tips, Technology /

Kevin Durant and his business partner invested $250,000 in Hugging Face’s early rounds and his payout is reported at around $60M if Nvidia’s $12.9B acquisition completes. Employees at late-stage European startups own roughly 10% of their companies against 20% in the United States. Kevin Durant put $250,000 into Hugging Face and may be about to […]

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SK Hynix breaks ground on a $4B memory packaging hub in Indiana

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Technology /

SK Hynix has broken ground on a plant costing more than $4B in West Lafayette, Indiana, its first US base for packaging high-bandwidth memory, with production due in the second half of 2029. Intel’s equivalent assembly and testing plant near Wroclaw was cancelled last year after state aid had been approved. SK Hynix has put […]

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SK Hynix breaks ground on a $4B memory packaging hub in Indiana Read More »

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