Private equity

Auto Added by WPeMatico

A.I. Companies Shatter Fund-Raising Records, as Boom Accelerates

OpenAI, Anthropic, Waymo and other artificial intelligence companies hauled in $297 billion in funding in the first three months of the year.

A.I. Companies Shatter Fund-Raising Records, as Boom Accelerates Read More »

TikTok announces it has finalized deal to establish US entity, sidestepping ban

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGXTikTok announced on Thursday that it had closed a deal to establish a new US entity, allowing it to sidestep a ban and ending a long legal battle.The deal finalized by ByteDance, TikTok’s Chinese owner, sets up a majority American-owned venture,

TikTok announces it has finalized deal to establish US entity, sidestepping ban Read More »