Valuation

Written by Anna Tong and Crystal Ho (Reuters) - U.S. startup Magic, which develops artificial intelligence models for writing software, is in talks to raise more than $200 million in a funding round that values ​​it at about $1.5 billion,…

Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions…

Israeli AI data platform company Wicca The company announced the completion of its oversubscribed $140 million Series E financing round, valuing the company at $1.6 billion. The company has become a unicorn, doubling its…

Israeli cloud security company Wiz The company announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion. The…

MUMBAI/BENGALURU (Reuters) - Global investment firm KKR will buy Indian medical device maker Healthium Medtech from UK-based Apax Partners in a deal that three sources familiar with the matter say is worth 70 billion rupees ($838.60…

British private equity firm Permira has acquired control of the digital fraud and financial crime protection company BioCatchThe Israeli company announced. Permira is buying a 57% stake from US venture capital firms Bain…

Israeli startup Oasis securityA company developing a platform for securing non-human identities (NHIs) at an enterprise has announced the completion of a Series A extension in which it raised $35 million, double the…

After witnessing a meteoric rise last year, SMCI stock continued its outperformance in 2024, surging 168% as the unprecedented frenzy around generative AI continues and taking its market cap to a whopping $44.6 billion. This week, KeyBanc…

Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be living through an AI bubble. Those seeking evidence of this might cite news of Cognition Labs seeking a $2 billion valuation, as…

Justin Sullivan/Getty Images News Wells Fargo cut Tesla (NASDAQ:TSLA) to its lowest rating Wednesday, citing the potential for more price cuts that could hit the bottom line. Analyst Colin Langan downgraded TSLA to a Sell-equivalent…