Instinct confirms $1 billion Series C at $10 billion valuation
AI assistant startup Instinct confirmed a $1 billion Series C backed by investors including Sequoia Capital, Benchmark Capital and Coatue. The round values the company at $10 billion, up from the $2.5 billion valuation it announce...
VSMC opens $7.8 billion Singapore chip fab, begins risk production
VisionPower Semiconductor Manufacturing Company opened its $7.8 billion wafer fabrication plant in Singapore on September 28. The joint venture between Vanguard International Semiconductor and NXP Semiconductors has completed cons...
Nvidia board adds $150 billion to share repurchase authorization
Nvidia said its board authorized a $150 billion increase to its existing share repurchase program, bringing the total remaining authorization to $235 billion. The decision expands the amount the chipmaker may spend buying back its...
Outmarket raises $34.5 million for insurance broker automation
Insurance software startup Outmarket raised a $34.5 million Series B led by SignalFire, TechCrunch reported. The round follows a $17 million Series A four months earlier; a person familiar with the investment put Outmarket's valua...
RedLattice agrees to go public through Bold Eagle merger
RedLattice, a private equity-backed cyber defense technology company, has agreed to go public through a merger with Bold Eagle Acquisition Corp., Bloomberg reported, citing people familiar with the matter. Bold Eagle is a blank-ch...
Musinsa breach filings reveal more exposed customer and partner records
Musinsa breach filings show that the exposure on its 29CM platform extended beyond the roughly 160,000 records the company initially disclosed, the Seoul Economic Daily reported. Additional filings listed 32,262 customer order rec...