Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion, but Apple recently backed away from discussions to take part, The Wall Street Journal (WSJ) reported Friday (Sept. 27), citing...
Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the amount the company had initially planned, but a sign that tech investors are returning to...
Early-stage investment operation HIPstr has closed its $100 million debut fund. The company, launched by private equity executives David Moross and Mark Bezos — half-brother of Amazon founder Jeff — is an arm of HighPost Capital. “We launched HIPstr to capitalize on an attractive market...
Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by the Financial Times (FT), which noted that deal making has picked-up at early stage companies, with venture capital (VC) groups...
October 02, 2024
OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. The artificial intelligence (AI) startup is now valued at $157 billion, The Wall Street Journal (WSJ) reported Wednesday (Oct. 7), noting that this figure puts the company in the same market capitalization territory of the likes of Uber, AT&T and Goldman Sachs. […]
September 29, 2024
Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion, but Apple recently backed away...
September 15, 2024
Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the...
August 18, 2024
Early-stage investment operation HIPstr has closed its $100 million debut fund. The company, launched by private equity executives David Moross and Mark Bezos — half-brother of Amazon founder Jeff —...