Paramount closes $110 billion Warner Bros. Discovery acquisition
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company called Skydance, The Verge reports. The transaction brings the companies' film studios, streaming services and brands incl...
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 ...
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...
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...
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...
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...