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Tech billionaires pour $120M into killing California’s wealth tax

Digital Marketing, Government and policy, Money, Next Featured, SEO Tips, Technology, United States /

Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times the $31m raised by its union backers. Proposition 40 would impose a one-time 5% tax on residents and trusts worth over […]

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Chamath’s AI coding startup 8090 raises $135M, and he’s CEO

Artificial Intelligence, Digital Marketing, Money, SEO Tips, Startups and technology, Tech, Technology, United States /

Salesforce led the Series A, which 8090 announced this week. The pitch behind it is blunt. AI can already write code. The hard part is stopping enterprise software from falling apart as dozens of agents and engineers change it every week. TechCrunch first reported the round, and the company confirmed the details. The investor list […]

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Apple’s suppliers are racing to Hong Kong to fund their robot pivot

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Two of Apple’s biggest Chinese suppliers are racing to Hong Kong in the same week. Luxshare wants about $3bn, Lingyi just banked $1.1bn. Both are using the cash to pivot from smartphone parts to AI hardware and humanoid robots. The companies that build your AirPods are quietly raising a fortune. This week two of them […]

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Hadrian’s reported $7.5bn round and the physical-AI rush

Artificial Intelligence, Digital Marketing, Investors and funding, Money, SEO Tips, Startups and technology, Technology, United States /

Bloomberg says defense-factory startup Hadrian is in talks to raise as much as $1bn at a $7.5bn valuation. Hadrian calls that “inaccurate”. Either way, the rumour shows how hot physical AI and US reindustrialisation have become. Here is a number, and a denial, in the same breath. Hadrian Automation has discussed a new funding round […]

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Main Capital raised the Netherlands’ biggest-ever fund on boring software

Artificial Intelligence, Digital Marketing, Europe, Investors and funding, Money, SEO Tips, Startups and technology, Technology /

While public markets panic that AI will gut enterprise software, a quiet Dutch firm just raised €5.25bn on the opposite bet. Main Capital’s pitch: boring, essential software is exactly where the next decade of value sits. Charly Zwemstra has spent 23 years buying software that almost nobody finds exciting. Think hospital appointment systems, municipal tax […]

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Menlo Ventures raises $3bn on the back of one Anthropic bet

Anthropic, Artificial Intelligence, Digital Marketing, Investors and funding, Money, SEO Tips, Startups and technology, Technology /

Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. Menlo Ventures’ new $3bn is sold on a receipt. The firm announced the raise on Tuesday, its largest […]

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Walmart buys Vibe.co for $1.4bn to chase Amazon in ads

Amazon, Digital Marketing, Investors and funding, Media, Money, SEO Tips, Startups and technology, Technology /

Walmart is paying a reported $1.4bn for a connected-TV ad startup worth $410m nine months ago. The price tells you how far retailers will now go to catch Amazon in advertising. Walmart has agreed to buy Vibe.co, a connected-TV advertising platform. Two reports peg the deal at $1.4bn. It would be the retailer’s biggest acquisition […]

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Zhipu weighs multibillion-dollar raise after 2,000% surge

Anthropic, Artificial Intelligence, China, Digital Marketing, Government and policy, Money, SEO Tips, Technology /

A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese artificial-intelligence lab fresh off a $558M Hong Kong listing. Its shares priced at […]

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Nvidia built the AI engine. Alphabet is building the car, the road, and the toll booth. The market is pricing accordingly.

Digital Marketing, Google, Money, Next Featured, SEO Tips, Technology /

On Thursday, Alphabet’s share price rose nearly 10 per cent after the company reported first-quarter revenue of $109.9 billion, a 22 per cent increase year over year that beat analyst estimates by almost $3 billion. Google Cloud crossed $20 billion in quarterly revenue for the first time, growing 63 per cent. The cloud backlog nearly […]

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Nvidia built the AI engine. Alphabet is building the car, the road, and the toll booth. The market is pricing accordingly. Read More »

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