SK Hynix has filed to raise up to 45.45 trillion won, roughly $29bn, through a listing of American depositary receipts on Nasdaq, the South Korean memory maker disclosed in a regulatory filing on Wednesday. The company has tentatively set July 10 for the debut and intends to issue 17.79 million new shares to back the […]
SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The company is seeking to raise between $20 billion and $25 billion from a five-tranche deal expected to price on Tuesday. At the lower […]
Stark Defence, the Berlin-based strike drone startup founded in 2024, has raised €500 million in a round led by Sequoia Capital and Peter Thiel’s Founders Fund, Bloomberg reported on Monday. The deal values the company at more than three and a half billion euros, roughly triple the €1 billion mark it crossed earlier this year. […]
HaloBraid, a robotics startup that builds an automated braiding assistant for hair salons, has raised seven million dollars in a seed round led by Reddit co-founder Alexis Ohanian’s venture firm Seven Seven Six. The device works alongside professional stylists rather than replacing them: a braider starts each braid by hand and then hands off to […]
Bristol fusion startup Astral Systems has raised £23mn to scale the medical isotopes that cancer scans depend on. The Astral Systems £23M round backs a rare fusion company that already runs reactors and earns revenue. Most fusion companies promise clean power in a decade or two. Astral Systems is trying something different, and getting paid […]
Groq has confirmed a $650mn raise to rebuild itself as an AI inference cloud, six months after Nvidia paid out its investors and hired away its founder. The Groq $650M round is a bet that purpose-built chips still beat GPUs. Groq spent years as one of the loudest challengers to Nvidia. Then, last December, Nvidia […]
Nearfield Instruments, a Rotterdam firm that inspects chips at the atomic scale, has raised $380mn at a $1.6bn valuation. It is the largest deep-tech round in Dutch history, and sovereign funds are paying close attention. Everyone knows the headline names of the AI chip boom. Nvidia designs the chips. TSMC makes them. ASML builds the […]
Qualcomm is closing in on a deal to buy AI-software startup Modular for about $4bn. The Qualcomm Modular deal would hand the chipmaker fresh ammunition in its fight to rival Nvidia. Qualcomm has entered advanced talks to acquire Modular, according to Bloomberg. The deal would value the AI-infrastructure software company at roughly $4bn. An announcement […]
Abu Dhabi’s MGX AI fund has raised close to $50bn. For the first time, the emirate leaned on outside investors to do it, and the money is already going out the door. MGX is the Abu Dhabi investment firm built for the AI era. It has pulled in nearly $50bn for a single fund, according […]
The Irish startup is buying B300 GPUs to expand a GDPR-compliant inference platform aimed at the banks, hospitals, and law firms that cannot send their data abroad. TensorX, a startup building AI inference infrastructure that keeps European data inside Europe, has raised €8m to buy Nvidia Blackwell GPUs, including the latest B300 chips, and expand […]
