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Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»
: Global deal making hits $1.4 trillion amid blank-check IPO frenzy
Special-purpose acquisition companies have raised $94.4 billion this year through IPOs — already more than the record annual total of $83.4 billion last year......»»
: ViacomCBS shares slide record 23% after company prices roughly $3 billion offering of equity securities
ViacomCBS Inc. shares tumbled 23% Wednesday, after the media and entertainment giant priced a roughly $3 billion offering of equity securities to raise the funds to invest in its new streaming service......»»
Plug Power hauls in record $2 billion in stock sale
Plug Power has cleared nearly $2 billion by selling 32.2 million shares in the most lucrative capital raise in the fuel cell manufacturer's 24-year history......»»
This Week"s IPOs
This week brings us four IPOs which are aiming to raise $1.8 billion. These four companies operate in different markets and they come from different countries, but they share at least one thing, they all want to go public. read more.....»»
Billionaire investor Howard Marks wants to raise a record-setting $15 billion distressed-debt fund designed to profit from coronavirus wreckage, new report says
Bloomberg TV Howard Marks's Oaktree Capital plans to raise $15 billion for the biggest ever distressed-debt fund, Bloomberg reported Wednesday, citing an investor presentation. The vehicle.....»»
Treasury Cash Balance Soars To Record $959 Billion Following Bill Issuance Tsunami
Treasury Cash Balance Soars To Record $959 Billion Following Bill Issuance Tsunami It's not just corporations that are scrambling to raise liquidity.....»»
Treasury Cash Balance Doubles In Ten Days, Hits A Record $899 Billion
Treasury Cash Balance Doubles In Ten Days, Hits A Record $899 Billion It's not just corporations that are scrambling to raise liquidity as fast as they possibly can (b.....»»
PG&E faces record fine of $2.1 billion for role in wildfires
California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018......»»
Tesla"s $1.8 billion bond hits a crucial milestone as it surges to its highest level since 2017
Jae C. Hong/Associated Press Tesla's $1.8 billion bond leaped to record highs on Wednesday and traded at face value for the first time since its issuance.....»»
The Wall Street Journal: China raises $6 billion in record dollar bond sale
China is taking advantage of low global yields to raise $6 billion in its largest-ever dollar bond sale......»»
China will raise a record $6 billion through bond sale that saw massive demand
ChinaFotoPress / Getty China will raise a record $6 billion Tuesday through.....»»
Alibaba poised for record HK IPO - sources
Chinese e-commerce giant Alibaba is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to sources. David Pollard reports......»»
Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale: sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»
Alibaba poised to launch record-breaking $13.4 billion HK share sale: sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»
Alibaba poised to launch record-breaking $15 billion HK share sale: sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»
Alibaba eyes record Singles" Day, then blockbuster IPO
Alibaba plans to launch a Hong Kong share offering to raise up to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests. Francis Maguire reports......»»
Georgia tourism industry posts record 2018
Tourists spent $31 billion in Georgia last year, a 4.8% increase over 2017. The Peach State welcomed a record of 111.67 million visitors in 2018, supporting 475,000 jobs and generating $66.2 billion in economic impact, up 4.7% compared to the previo.....»»
Therese Poletti"s Tech Tales: From a fake George Soros fund to cloud-controlled robots, Chinese IPOs are getting even scarier
A new batch of Chinese companies hope to raise about $1.8 billion by going public in U.S. markets in the next few weeks, after a hiatus caused by trade war jitters......»»
Georgia tourism industry sets sales record in 2018
Georgia's tourism industry generated a record $66.2 billion in business sales impact last year, up 4.7 percent from 2017. Last year's growth is part of a longer trend. Tourism demand in Georgia is 46 percent higher than in 2008, just before the onslau.....»»