Business & Startups

OmniAb stock rises after naming new chief operating officer

The $6 Billion Cybersecurity Prize Tech Giants Are Circling

San Francisco Home Sellers Don’t Just Want Cash Anymore. They Want OpenAI and Anthropic Stock: ‘There’s a Bit of Gold Rush’

Ahead of potential OpenAI and Anthropic IPOs, some Bay Area homeowners are asking buyers to pay with private AI shares.

Amazon, Flexport Alum Dave Clark’s Supply Chain Startup Raises $50M

SBI Holdings, Solana Foundation partner to build Japan-based onchain financial market

SBI and the Solana Foundation are collaborating to build an onchain financial market with SBI R3 rebranding to SBI Solana Global.

Yann LeCun’s new VC fund lasted eight hours. Then it vanished

A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often dubbed a “godfather of AI” […] This story continues at The Next Web

Anthropic recruits Monzo cofounder Tom Blomfield for AI compute team

Byreal Marks First Anniversary with Strong Growth, RWA Leadership, and AI-Native Innovation on Solana

Byreal Marks First Anniversary with Strong Growth, RWA Leadership, and AI-Native Innovation on Solana

Enhance Your Expertise Anytime with Unlimited Online Courses — Now $19.97

Topics include growth hacking, game design, blockchain, AI, digital marketing, cybersecurity, copywriting, and big data.

Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation

Helsing said "investor demand significantly exceeded the available allocation" for its $1.8 billion funding round.

Saudi Aramco Bets $800 Million That Open Source Beats Closed AI

Together AI raised an $800 million Series C at an $8.3 billion valuation, led by Saudi Aramco's venture arm with Nvidia, Vista Equity Partners and General Catalyst joining in. The round more than doubles the company's valuation from 16 months ago and signals real capital behind the bet that open-weight models can beat closed frontier labs on cost.

Nest launches first venture sleeve with Schroders Capital

Increasing the UK pension fund’s VC allocation to £200m, the dedicated VC sleeve signals Nest’s intent to strengthen its support for the asset class, part of a broader vision to expand its private markets exposure up to 30% by 2030.

Moneybox crowned Europe’s newest unicorn as it gears up to test London’s Pisces market

Welcome To The ‘Show Me’ Era: Sapphire Ventures’ Anders Ranum On What Separates Winning AI Startups From The Rest

To understand how institutional capital is navigating the gap between AI's public market software multiples and private market valuations, Crunchbase News recently interviewed Anders Ranum, a partner at Sapphire Ventures, who shared how he strikes an investment balance.

Helsing raises $1.8bn backed by Goldman and Lightspeed

Sources: Shein is targeting a $40B+ valuation after winning Beijing's approval for a Hong Kong IPO, set for as early as Q3; Shein canceled its US IPO in 2024 (Wall Street Journal)

Wall Street Journal: Sources: Shein is targeting a $40B+ valuation after winning Beijing's approval for a Hong Kong IPO, set for as early as Q3; Shein canceled its US IPO in 2024 — The fast-fashion retailer could list in Hong Kong as early as the third quarter of this year — Fast-fashion retailer Shein …