All articles by Shivam Mishra
Shivam Mishra
Blackstone acquires Cvent stake from Vista in $1.3bn deal
Vista initially invested in Cvent in 2016, purchasing the company for approximately $1.7bn.
US Senate passes tax bill to boost chip industry incentives
The legislation raises the investment tax credit for chipmakers to 35% from 25%, surpassing the 30% increase proposed in an earlier draft.
xAI raises $10bn in debt and equity to bolster AI initiatives
xAI will use the funds to support its development of advanced AI solutions, including the establishment of one of the world’s largest data centres.
Cato Networks raises $359m Series G funding at $4.8bn valuation
This latest investment brings Israel-based Cato Networks’ total funding to more than $1bn.
OpenAI reportedly reviewing its researcher’s compensation
OpenAI chief research officer Mark Chen addressed the issue in an internal message, acknowledging the growing anxiety among staff.
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Altimetrik to acquire SLK Software
The acquisition is set to enhance Altimetrik’s capabilities by merging its AI-focused engineering approach with SLK’s technology services stack.
Meta faces potential daily fines from EU
The model, which is under scrutiny, lets users choose between free, ad-funded service or paying for an ad-free experience.
HPE and Juniper finalise settlement with US DOJ on $14bn merger
Under the settlement, HPE will divest its “Instant On” global campus and branch WLAN business within 180 days.
CoreWeave resumes discussions to acquire Core Scientific
CoreWeave reopens acquisition discussions with Core Scientific following last year’s rejection of an undervalued offer.
Zama secures $57m for blockchain encryption technology
The funding, co-led by Blockchange Ventures and Pantera Capital, brings Zama’s total funding to more than $150m and its valuation to more than $1bn.