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Shares of Insilico rose 45% in their Hong Kong trading debut after the AI drug discovery startup raised $293M in an IPO; Insilico reported $85M+ in 2024 revenue (Bloomberg)

Bloomberg : Shares of Insilico rose 45% in their Hong Kong trading debut after the AI drug discovery startup raised $293M in an IPO; Insi...

5 December 2024

US SEC filing: xAI raised $6B, bringing its total raised to $12B; it was reportedly aiming for a $50B valuation (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
US SEC filing: xAI raised $6B, bringing its total raised to $12B; it was reportedly aiming for a $50B valuation  —  xAI, Elon Musk's AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday.  —  Investors gave a minimum of $77,593 …

Posted from: this blog via Microsoft Power Automate.

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