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Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425 basis points (~7.88%), a two-year term with one-year extension. The loan sits atop a $40 billion bridge loan from March and brings SoftBank’s total OpenAI commitment to ~$64.6 billion for a ~13% stake. At OpenAI’s $852 billion […]
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The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]
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Zapata Quantum raises $15 million after emerging from bankruptcy Read More »
The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]
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Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026 Read More »
TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […]
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The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional government agencies, and training three million Australians in AI skills by 2028. Microsoft has announced A$25 billion (approximately USD 18 billion) […]
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Microsoft commits A$25 billion to Australia by 2029 Read More »
Sources tell Reuters that Bain is looking to sell a stake in BDC, Singapore-headquartered, with nine data centres across Malaysia, Thailand, and India, at a $5 billion valuation. Citi and JPMorgan are running the process. ByteDance is the anchor tenant. No deal has been agreed and talks are preliminary. Bain Capital is seeking a buyer […]
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Bain Capital seeks buyer for stake in Bridge Data Centres at $5 billion valuation Read More »
The round is split between €16M from Eiffel Investment Group for project deployment and €6M led by SET Ventures for product and expansion, alongside existing investors Ananda Impact Ventures and Contrarian Ventures. The company targets 100MW+ of BESS projects across France, with Germany, the Nordics, and Poland to follow. Decade Energy, the Paris-based company building […]
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Summary: VAST Data raised $1 billion in a Series F at a $30 billion valuation, more than tripling from $9.1 billion, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million is secondary capital. The company reports $4 billion in cumulative bookings, $500 million-plus in committed ARR, and […]
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Summary: Google announced a $750 million fund at Cloud Next 2026 to finance partners’ agentic AI development, the largest single partner investment from any hyperscaler. Accenture has built 450+ agents, Deloitte committed its “largest investment yet,” KPMG pledged $100M, PwC $400M, and NTT DATA dedicated 5,000 engineers. With partners capturing up to $7.05 for every […]
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Google puts $750 million behind the consultants it needs to close the cloud gap Read More »
SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition. The structure gives SpaceX optionality: exercise the call by year end or walk away having paid $10B for shared compute access and joint model work. Cursor CEO Michael Truell called it a partnership to ‘scale up […]
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SpaceX secures option to buy AI coding startup Cursor for $60B Read More »