The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — up 34% from the $100 billion valuation that it achieved just three months ago.
After successfully lobbying the Trump administration to approve the sales of its H200 chips to China, Nvidia is now thinking of adding capacity to produce more of the chips.
Reddit, one of the world’s largest social platforms, is arguing that it doesn’t meet the definition of “social media platforms” as it seeks to overturn Australia’s law banning children under 16 years of age from social media.
The European Commission is investigating Google over its AI summaries.
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to to bolster its data and automation products as ever more companies move their tech operations to the cloud and deploy AI technology.
The EC is taking issue with the fact that X, the social network formerly known as Twitter, has been allowing anyone to buy a “blue checkmark,” the platform’s long-standing symbol that a user has been verified to be who they are claiming to be.
The European Commission is is launching an antitrust investigation into Meta’s move to ban other AI companies from using WhatsApp’s business tools to offer their own AI chatbots to users.
The round was co-led by Salesforce Ventures and Anjney Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, General Catalyst, Temasek, Bain Capital Ventures, Air Street Capital, Visionaries Club, …
The country’s communications minister Fahmi Fadzil said the administration is considering systems for implementing age restrictions on social media sites.
The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.