In the midst of this strategic partnership, MTN has delivered impressive financial results for the first half of the year.
As part of their partnership, Anthropic and SK Telecom will work together for building large language models (LLMs) for telcos.
Arm is scheduled to go public in September, with the listing of its shares on the Nasdaq exchange. Arm’s market capitalization by that time is expected to be $60 billion to $70 billion, which would make the deal the world’s biggest initial public offering so far this year.
This move by a16z signals the firm’s intent to actively partake in the development of some of the core tech that power the companies it backs with its venture dollars.
The round follows approval for Neuralink’s first human trials received by the startup from the US Food and Drugs Administration (FDA) in May.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company.
eToro planned to go public in 2022. However, a market downturn in equity and crypto prices forced the company to abandon its IPO plans.
A noteworthy aspect of Sequoia Capital’s approach is the strategic shift towards supporting younger startups, diverting attention from larger companies.
The move is expected to boost the usage of non-fungible tokens (NFTs) within the gaming industry.
Volkswagen and XPeng are jointly working on two mid-size battery-electric models that incorporate advanced driver-assist software developed by XPeng. The vehicles will be branded as Volkswagens and launched in China in 2026.
Mizuho said that startups in Japan are looking for debt wherein they can get loans without diluting the ownership stakes in the company.
Zhipu AI was founded in 2019 as a creative invention by the Chinese prestigious Tsinghua University.
As part of the collaboration with AJP, OpenAI will not only provide $5 million in financial support to the NGO foundation but also offer AJP access to its suites of products.
Polychain Capital currently has about $2.6 billion in assets under management.