Scale AI founder Wang announces exit for Meta part of $14 billion deal
Alexandr Wang, CEO of ScaleAI speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23,…
Tag: billion
Nissan supplier Marelli files for Chapter 11, secures $1.1 billion in new financing
TOKYO (Reuters) -Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese…
BioNTech to Buy CureVac for $1.25 Billion to Boost Cancer Arm
BioNTech SE agreed to buy former Covid vaccine rival CureVac NV for about $1.25 billion in an all-stock transaction that…
The $7 Billion Nicotine-Pouch Market’s Next Target? Women
In Sweden, female users are adopting the tobacco-free products faster than their male counterparts — and companies have taken notice.…
Bunge Close to Getting China Ruling on $8.2 Billion Viterra Deal
Agricultural trader Bunge Global SA is close to receiving a decision from Chinese antitrust authorities on its $8.2 billion purchase…
Search startup Glean’s valuation hits $7.2 billion in AI funding boom
By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Glean said on Tuesday it was valued at $7.2 billion in its…
Databricks says annualized revenue to reach $3.7 billion by next month
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Data and AI Summit in San Francisco on June…
PBS, NPR funding at risk as House votes on $9.4 billion in DOGE cuts
U.S. President Donald Trump and U.S. House Speaker Mike Johnson react during an Invest America Roundtable in the State Dining…
Meta to pay nearly $15 billion for Scale AI stake, The Information reports
(Reuters) -Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The…
Chime prices IPO at $27 per share, valuing fintech at $11.6 billion
Chime Visa Credit Card Source: Chime Chime priced its IPO at $27 per share on Wednesday, above the expected range,…