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Raxio raises its funding pool to $380m and heads for Tanzania

Africa, Digital Marketing, Investors and funding, SEO Tips, Technology /

Raxio Group, the pan-African colocation operator, is entering Tanzania and has lifted its funding pool to $380m. The money comes from its two main shareholders, the French infrastructure investor Meridiam and the US-based Roha Group, both of which have put fresh equity in before. “Demand for high-quality data centre infrastructure continues to accelerate across Africa, driven by […]

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Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.

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

Meta has had a miserable year on the market, flat while the Nasdaq-100 climbed 18%. That changed abruptly, with the stock posting its best week since early 2024, CNBC reports. Shares rose about 6% on Friday and roughly 15% across the week. The move was not driven by advertising, the business that actually makes Meta’s money. […]

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Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back. Read More »

MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash

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

The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, MiniMax moved to raise as much as $2bn from investors. Its shares […]

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MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash Read More »

A 23-year-old’s AI startup wants a $20bn valuation, months after a breach cost it Meta

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

A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. The numbers are dazzling. Read the footnotes. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at least one term sheet at that price, Bloomberg reports. The talks […]

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Anthropic is now worth $1.2 trillion on paper. Almost nobody can buy in

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

Anthropic is the hottest stock in private tech. It is also one of the hardest to buy, and that is exactly why the price keeps climbing. Shares in Anthropic are changing hands on secondary markets at an implied valuation of $1.2 trillion, Business Insider reports. That is a 550% jump in a year. It puts […]

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Anthropic is now worth $1.2 trillion on paper. Almost nobody can buy in Read More »

From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn

Deep tech, Digital Marketing, Europe, Investors and funding, robots, SEO Tips, Technology, UK /

First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round. It values the company at more than $1bn. Kraken announced the raise […]

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Nanya plans a $6bn spending surge in 2027 to ride the AI memory boom

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

Nanya Technology spent years as the also-ran of the memory business, the Taiwanese DRAM maker that Samsung, SK Hynix and Micron never had to worry about much. The AI boom has changed the arithmetic. The company now plans to spend around $6bn in 2027 as it races to expand capacity into a memory shortage that […]

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A €91M bet on the diamond microscope that could be Europe’s next ASML

Deep tech, Digital Marketing, Europe, Government and policy, Investors and funding, semiconductors, SEO Tips, Technology /

Europe uses about a fifth of the world’s chips, but makes only a tenth of them. A three-year-old Munich startup thinks it can help close that gap, and Brussels has just backed the bet. QuantumDiamonds is a spin-out of the Technical University of Munich. It has raised €91M to scale a new way of finding […]

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SoftBank and PayPay said to be in talks to invest in Seven & i

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

Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which reported the discussions on Friday. Neither the size nor the structure of any deal has […]

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Tencent in talks to become Manus’ largest shareholder

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

Manus was, briefly, one of the most valuable exits in Chinese AI. Meta agreed to buy the agentic AI startup for more than $2bn late last year, then watched Beijing block the deal on national-security grounds. Now the company is being bought back by the people who owned it in the first place, and Tencent looks set […]

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