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Switch in talks to raise funds at $50 billion-plus valuation, The Information reports
Switch in talks to raise funds at $50 billion-plus valuation, The Information reports June 4 : Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of the deal. Here are some details: • Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the report said. • The fundraising round could possibly...
Databricks in talks to raise funds at over $165 billion, The Information reports
Databricks in talks to raise funds at over $165 billion, The Information reports June 8 : Data analytics software firm Databricks has discussed raising funds in a round that could begin next month and value it at between $165 billion and $175 billion, The Information reported on Monday, citing sources. Here are a few details: • Databricks, one of the most valuable privately held companies, completed earlier this year a fundraising of about $5 billion at a $134 billion valuation.
Cambridge Aerospace in Talks to Raise at $3.5 Billion Valuation
A Cambridge Aerospace 'Skyhammer' interceptor missile.
USMNT legend Landon Donovan talks World Cup, American soccer's influence overseas during Raising Cane's shift
There was a time when American soccer players struggled to earn respect overseas, but U.S. legend Landon Donovan has watched that perception change dramatically. On Tuesday, Donovan found himself in an unlikely setting to reflect on the evolution of American soccer: behind the counter at Raising Cane's new flagship restaurant in Inglewood, California. The new location is massive, boasting a design that draws inspiration from the Halo Board inside the nearby Intuit Dome.
A $200 Billion Test of Investors’ Appetite for AI Looms
Branding at the entrance to Anthropic PBC's Code with Claude developer conference in London, UK, on Tuesday, May 19, 2026. Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. Photographer: Chris Ratcliffe/Bloomberg
Three Charts That Sum Up the Big AI Debates Right Now
A screen showing an advert for Anthropic PBC's Claude Code software at a Code with Claude developer conference in London, UK, on Tuesday, May 19, 2026. Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. Photographer: Chris Ratcliffe/Bloomberg
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports
SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports June 10 : SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources. The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.
Pentagon said to raise threat level on Israel spying to ‘critical’
Pentagon said to raise threat level on Israel spying to ‘critical’ Department reports raise concerns about increased espionage activity amid US-Israeli war with Iran, ceasefire talks. The Pentagon’s intelligence arm has raised the assessed threat level on Israeli spying from “high” to “critical” in recent weeks, according to US media. NBC News first broke news of the change on Friday, with The New York Times issuing its own report the following day.
Actor Tyler Mane reveals he is having treatment for rare male breast cancer
Star, 59, of 2000 blockbuster X-Men seeks to raise awareness of condition as he undergoes chemotherapyThe actor and former professional wrestler Tyler Mane has revealed he has been diagnosed with breast cancer, and is undergoing chemotherapy. Mane, 59, a star of the 2000 superhero blockbuster X-Men, posted the news to Facebook in an attempt to raise awareness of a condition he said was rarely talked about.
Elon Musk is steamrolling Wall Street to become a trillionaire
Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...