Google in Talks to Buy AI Coding Startup Mechanize
Google is in talks to acquire Mechanize, an AI coding-agent startup, in a deal that could value the company at more than $1.5 billion, according to a report by Business…
SK Hynix’s Solidigm Weighs Nasdaq Listing After Pre-IPO Round
Solidigm, the NAND flash and SSD maker owned by SK Hynix, is raising 5 trillion to 10 trillion won in a pre-IPO funding round that values the company at about…
KOSPI Triggers Upside Circuit Breaker as Chip Stocks Rally
South Korea’s KOSPI index triggered an upside circuit breaker at the open Wednesday, surging 3.8% as memory stocks rallied, one day after the index had fallen sharply in a global…
Musk’s Wealth Sheds $363 Billion in One Month
Elon Musk’s personal fortune fell by about $363 billion in July, according to a report by China News Service, the steepest monthly decline for a billionaire in recent memory, as…
DeepX’s Fourfold Valuation Jump
DeepX Co., a South Korean designer of AI chips, has signed the first agreements in a Series D round that values the company at about 3.14 trillion won ($2.2 billion),…
Amazon’s $3 Trillion Day
Amazon’s market value crossed $3 trillion for the first time on Aug 3, making it the fifth company to reach that level, as investors rewarded the company’s AI and cloud…
SpaceX’s $116 Billion Lockup Countdown
SpaceX reports its first earnings since going public after the market closes today, with a short position of about $23.6 billion hanging over the stock and $116 billion in lockup…
Brussels Reaches Into Broadcom’s Files
The European Union’s General Court rejected Broadcom’s request to suspend its cooperation with an EU antitrust investigation, a ruling that clears the way for the chip maker to hand over…
Airtable’s Discounted Exit
Bending Spoons, the Italian app developer, agreed to buy Airtable for about $1.285 billion in cash, the companies said — its first acquisition since going public, and one of the…
Sequoia’s $1 Billion Nuclear Bet
Valar Atomics raised $1 billion in a Series B round led by Sequoia Capital, tripling its valuation to $6 billion from $2 billion, according to Axios. The startup builds modular…
