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Infrastructure AI

SpaceX seeks $40 billion financing to buy Nvidia chips

SpaceX is seeking to raise $40 billion in financing led by Apollo Global Management to buy Nvidia chips, the Financial Times reported. The proposed financing would fund chip purchases; the report describes a fundraising effort rather than a completed capital raise.
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Bloomberg Technology
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Robotics
Robotics

Waymo reportedly increases inaugural debt raise to $5 billion

Waymo increased its inaugural debt raise from $3B+ to $5 billion, Bloomberg reported, citing sources. The robotaxi company is tapping lenders to finance growth as it expands globally. The larger raise comes as Waymo faces rising ...

Techmeme
Capital Infrastructure
Capital Infrastructure

Xcimer secures agreement for up to $30.5 million in DOE funding

Xcimer Energy says it has finalized an agreement for up to $30.5 million in additional funding through the Department of Energy's Milestone-Based Fusion Development Program. The October 6 announcement covers the program's second b...

POWER Magazine
Capital Products
Capital Products

Capitolis raises $220M, including Series E at $1.9B valuation

Capitolis, which develops technology for banks and financial institutions, raised $220M, CTech reports. The financing includes a $120M Series E at a $1.9B valuation, up from $1.6B in March 2022. Backers include Citi, Bank of Ameri...

Techmeme
Capital
Capital

Vinci raises $250 million at $1.5 billion valuation

Software startup Vinci said Tuesday it raised $250 million at a $1.5 billion valuation, Reuters reported. The company makes software that simulates elements of chip and other hardware design and is seeking to expand its suite of s...

Techmeme
Security AI
Security AI

Dimon says cyberattack risks rose 10-fold after Mythos release

JPMorgan Chase CEO Jamie Dimon says cyberattack risks have risen 10-fold since Anthropic released its Mythos AI model. Speaking to Bloomberg at the JPMorgan Tech Stars Conference in London, he said artificial intelligence has expo...

Bloomberg Technology
Products Capital
Products Capital

Uber agrees to buy workplace catering platform ezCater for $2.3 billion

Uber has agreed to acquire workplace catering platform ezCater for $2.3 billion in cash, MoneyCheck reported. Uber plans to integrate ezCater's catering infrastructure into Uber Eats and Uber for Business, expanding its corporate ...

MoneyCheck