Walmart buys Vibe.co for $1.4bn to chase Amazon in ads
Walmart buys Vibe.co for $1.4bn to chase Amazon in ads

Walmart is paying a reported $1.4bn for a connected-TV ad startup worth $410m nine months ago. The price tells you how far retailers will now go to catch Amazon in advertising. Walmart has agreed to buy Vibe.co, a connected-TV advertising platform. Two…

Zhipu weighs multibillion-dollar raise after 2,000% surge
Zhipu weighs multibillion-dollar raise after 2,000% surge

A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese …

SK Hynix sets a $29 billion US listing that could top every ADR deal ever done
SK Hynix sets a $29 billion US listing that could top every ADR deal ever done

SK Hynix has filed to raise up to 45.45 trillion won, roughly $29bn, through a listing of American depositary receipts on Nasdaq, the South Korean memory maker disclosed in a regulatory filing on Wednesday. The company has tentatively set July 10 for t…

SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year
SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year

SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The company is seeking to raise between $20 billion and $2…

Stark Defence raises €500M led by Sequoia and Founders Fund at a valuation above €3.5 billion
Stark Defence raises €500M led by Sequoia and Founders Fund at a valuation above €3.5 billion

Stark Defence, the Berlin-based strike drone startup founded in 2024, has raised €500 million in a round led by Sequoia Capital and Peter Thiel’s Founders Fund, Bloomberg reported on Monday. The deal values the company at more than three and a half bil…

HaloBraid raises $7M to build the first robotic braiding assistant for hair salons
HaloBraid raises $7M to build the first robotic braiding assistant for hair salons

HaloBraid, a robotics startup that builds an automated braiding assistant for hair salons, has raised seven million dollars in a seed round led by Reddit co-founder Alexis Ohanian’s venture firm Seven Seven Six. The device works alongside professional …

Astral Systems raises £23M to make cancer isotopes by fusion
Astral Systems raises £23M to make cancer isotopes by fusion

Bristol fusion startup Astral Systems has raised £23mn to scale the medical isotopes that cancer scans depend on. The Astral Systems £23M round backs a rare fusion company that already runs reactors and earns revenue. Most fusion companies promise clea…

Groq’s $650M raise: rebuilding after the Nvidia deal
Groq’s $650M raise: rebuilding after the Nvidia deal

Groq has confirmed a $650mn raise to rebuild itself as an AI inference cloud, six months after Nvidia paid out its investors and hired away its founder. The Groq $650M round is a bet that purpose-built chips still beat GPUs. Groq spent years as one of …

Nearfield Instruments raises a record $380M chip round
Nearfield Instruments raises a record $380M chip round

Nearfield Instruments, a Rotterdam firm that inspects chips at the atomic scale, has raised $380mn at a $1.6bn valuation. It is the largest deep-tech round in Dutch history, and sovereign funds are paying close attention. Everyone knows the headline na…

Qualcomm nears $4bn Modular deal to rival Nvidia
Qualcomm nears $4bn Modular deal to rival Nvidia

Qualcomm is closing in on a deal to buy AI-software startup Modular for about $4bn. The Qualcomm Modular deal would hand the chipmaker fresh ammunition in its fight to rival Nvidia. Qualcomm has entered advanced talks to acquire Modular, according to B…