Pinned post

Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B (Sneha Kumar/Reuters)

Sneha Kumar / Reuters : Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a rec...

22 March 2025

Index Ventures, Wiz's largest outside shareholder with a 13% stake, is set to turn its $245M investment into $4.3B from Wiz's pending sale to Alphabet for $32B (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal:
Index Ventures, Wiz's largest outside shareholder with a 13% stake, is set to turn its $245M investment into $4.3B from Wiz's pending sale to Alphabet for $32B  —  Index Ventures is set to earn a 250-fold return on its seed money in a startup Google has agreed to buy

Posted from: this blog via Microsoft Power Automate.

Daily Deals