Major US crypto firms target multi-billion valuations in their IPOs
Gemini and Figure are targetting combined valuations exceeding $6.3 billion for their initial public offerings (IPO) as digital asset firms capitalize on renewed investor appetite for public market de...
SAP to Invest $23 Billion in Europe Sovereign Cloud
German software giant SAP announced Tuesday (Sept. 2) that it is investing 20 billion euros ($23.3 billion) to expand its “sovereign cloud” services as it bets on Europe’s desire to keep its dat...
Anthropic Raises Its Valuation to $183 Billion in New Funding
The artificial intelligence start-up garnered another $13 billion as its valuation rose by nearly three times, from $61.5 billion earlier this year, amid a frenzy over the technology....