SoftBank founder Masayoshi Son has picked Malaysia for $50bn of investment in AI, new technology and data centres. Prime minister Anwar Ibrahim made the announcement on Saturday. Anwar said Son told him about the plan during a video call on Tuesday. He…
Anthropic has warned would-be investors that its views on AI safety could make it a political target. The warning is in the risk factors of its S-1 registration statement. The company made it public on Monday, setting out its plans for the Anthropic IP…
Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. The round values the San Francisco startup at $4.1bn after the money, it said in a statement on Monday. It brings the company’s total funding to nearly $1bn. Bloombe…
New York-based Nevis, which builds AI software for wealth management firms, has raised $70M in a Series B round led by EQT Ventures. The company announced the funding on Monday. Two new backers joined: Charles Schwab, one of the largest US brokers, and…
Anthropic made its prospectus public on Monday. It filed a registration statement on Form S-1 with the US Securities and Exchange Commission. The company plans to list its Class A shares under the ticker ANT. The filing leaves the price range and the n…
London-based Nous has raised $17m to take its household AI agent outside the UK and add new features. Heartcore Capital and existing seed backer Mosaic Ventures provided the money. Chalfen Ventures, Joyance Partners and Bain Future Back Ventures joined…
“The proposed regulations would strengthen the existing Outbound Investment Security Program to prevent our adversaries from using U.S. investment to develop critical technologies that threaten U.S. national security,” Treasury Secretary Scott Bessent …
“I would not doubt for a minute that before very long you’re going to see an announcement,” cable billionaire John Malone said on Tuesday. Two days later, Semafor reported that Elon Musk had invested roughly $1bn in Skydance, the media group David Elli…
OpenAI has lowered the valuation it is seeking for its new funding round to $1.25tn, from the $1.4tn it pitched earlier this month. Some investors had pushed back on the higher price, the Financial Times reported, citing documents it had seen. The comp…
Eka Robotics, a Cambridge, Massachusetts startup building robots that handle objects by touch as well as sight, has raised a $150M Series A. Andreessen Horowitz (a16z) and F-Prime led the round, Eka announced on its blog on Tuesday. The round values th…