Explore finance insights, tips, and trends to make informed decisions.
Aerospace
GE Aerospace is making a major move into the electric aviation sector with a $300 million investment in Beta Technologies, part of a strategic partnership to co-develop a hybrid-electric turbogenerator for next-generation aircraft. The deal, announced Thursday, is pending regulatory approval. Hybrid Power for Advanced Air Mobility The collaboration underscores
Artificial Intelligence (AI)
Productivity software giant Atlassian has agreed to acquire The Browser Company, maker of the Arc and Dia browsers, in a $610 million all-cash deal. Atlassian CEO and co-founder Mike Cannon-Brookes framed the acquisition as a major leap in rethinking the role of the browser in modern knowledge work. “Today’s
Artificial Intelligence (AI)
French artificial intelligence startup Mistral AI is finalizing a €2 billion investment round that would value the company at $14 billion, according to a Bloomberg report. If completed, the deal would cement Mistral’s place among Europe’s most valuable tech startups and intensify competition with U.S.-based AI
Quantum Computing
Nearly 80 years after hosting the world’s first atomic bomb tests, New Mexico is aiming to shape another transformative technology: quantum computing. The state announced plans Tuesday to invest $315 million into quantum companies, fabrication facilities, and infrastructure, including a quantum network to connect labs and businesses. Building a
Quantum Computing
IQM Quantum Computers, a university spinout based in Finland, has joined the ranks of unicorns after closing a $300+ million Series B round led by Ten Eleven Ventures, a U.S. investment firm specializing in cybersecurity. The raise brings IQM’s total funding to date to around $600 million, solidifying
Pharmaceutical
Biopharmaceutical giant Amgen announced Tuesday that it will invest more than $600 million to build a state-of-the-art research and development facility at its headquarters in Thousand Oaks, California. The move underscores the industry’s renewed push to strengthen U.S.-based operations amid mounting political pressure to reduce reliance on
Finance
Swedish buy now, pay later (BNPL) pioneer Klarna is moving forward with a long-anticipated public debut, announcing plans to raise up to $1.27 billion in a New York Stock Exchange listing that could value the company at up to $14 billion. Details of the Offering According to Klarna’s
Artificial Intelligence (AI)
Anthropic, the artificial intelligence company best known for its Claude models, has closed a landmark $13 billion Series F funding round, pushing its post-money valuation to $183 billion. The company says the fresh capital will be used to scale enterprise adoption, deepen AI safety research, and fuel international expansion. Investor
Energy
Massachusetts-based Commonwealth Fusion Systems (CFS) has secured $863 million in fresh funding, drawing support from an impressive roster of backers including Nvidia, Google, Breakthrough Energy Ventures, and a long list of venture and institutional investors. The raise marks another milestone for the most heavily funded fusion startup, pushing its total
Retail
Walgreens has undergone a major leadership shakeup following its $10 billion acquisition by private equity firm Sycamore Partners. The deal, finalized on Thursday, also marks a structural overhaul that splits the business into several independent companies. According to a company statement, Walgreens — the well-known U.S. retail pharmacy chain — will
Media
TikTok’s parent company, ByteDance, is valuing itself at around $300 billion as it launches its latest share buyback program, according to people familiar with the matter and a document reviewed by Reuters. The Beijing-based tech giant has approached investors in recent weeks with an offer to repurchase shares at
Telecommunications
EchoStar Corp. has struck a deal to sell spectrum licenses worth about $23 billion to AT&T Inc., a move aimed at shoring up the satellite telecommunications company’s finances while alleviating regulatory scrutiny over its unused airwaves. Announced Tuesday, the all-cash transaction will hand AT&T about