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Elon Musk’s AI company eyes new funding round at $40 billion valuation, report says
The company is currently valued at $24 billion following a $6 billion funding round this spring.
The company is currently valued at $24 billion following a $6 billion funding round this spring.
The parent company behind Australian clothing brands Rivers, Katies and Noni B has entered voluntary administration.
Tesla shares shot up more than 5% as the said it expects “slight” year-over-year vehicle delivery growth, going against Wall Street’s expectation of a decline.
Nvidia stock is already up 180% this year and more than 31,000% over the last decade as the company became the face of the artificial intelligence revolution.
The national carrier will compensate three staff as a test case, with full compensation to be determined in November.
The streaming giant’s third-quarter earnings report was released Thursday.
Discovering a cancer-busting molecule opened the door for PM’s prize-winning scientist Andrew Wilks’ next career as an entrepreneur and venture capitalist making killer returns.
Funding for female founders rose from 11% of deals in Q2 to 13% in Q3. But its still down significantly from 2023. Techstars managing director Kirstin Hunter and Flying Fox Ventures’ Rachael Neumann say companies founded by women are not getting the resources they need to be successful.
Deal numbers might be high but the absence of those over $100 million has seen start-up funding tank to Q1 levels after a six-quarter high (in Q2).
Nvidia shares’ outlook still looks “pretty darn good” after its valuation increased tenfold over the last two years, remarked one analyst.