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...company a far higher valuation than the $2.2bn it achieved when it raised $270mn — which came from investors including Nvidia and Oracle and venture firms including Index Ventures and Inovia Capital — in June...
...The €2bn valuation, which includes the money raised, represents a substantial increase from June, when the weeks-old group raised €105mn at a €240mn valuation in a deal led by Lightspeed Venture Partners...
...In June 2022, Copper withdrew its FCA application, having been granted a registration under Switzerland’s anti-money laundering regime, where companies are overseen by self-regulatory bodies....
...In June, French start-up Mistral AI raised €105mn in Europe’s largest ever seed round when the company was just a month old....
...Neil Shen, the group’s founding partner, who led Sequoia’s China business for 18 years until it was forced to separate under political pressure in June, is seeking business opportunities and investments...
...Decoupling from China In June, Botha moved to unwind Silicon Valley’s most ambitious, and successful, attempt to build global power....
...Sequoia announced in June that it would separate its China and US arms, ending a two-decade relationship widely regarded as Silicon Valley’s most successful effort to build a global venture capital business...
...In June, Salesforce doubled the funds it has earmarked for investment in AI start-ups to $500mn....
...York-based venture capital firm, which is among the largest technology growth investors in the US with $90bn of assets, has raised only about $2bn for its 13th fund, which was first marketed to investors last June...
...HSBC Innovation Bank, launched in June, had deposits of $6bn and loans of $8bn by year-end....
...And I think for Europe, obviously it’s a point that we’ve got EU parliamentary elections in June....
...In an interview with the Financial Times in June this year, she said: “Our mission is to get to artificial general intelligence and figure out how to deploy that safely....
...Toner and Ding co-authored a paper in June that said avoiding the regulation of AI because tighter rules would “let China pull ahead” was “not a good argument”, she summarised on X....
...The graphic detailing OpenAI’s complex ownership structure on its website was amended a few days ago without renewing the web page’s timestamp, which indicates that the last update was made in June....
...Mistral’s existing venture capital investors say that despite the high expectations set by its record-breaking €105mn seed round in June, when it was just four weeks old, the company is making rapid progress...
...Retirement home builder McCarthy Stone was bought by Lone Star early last year for £647mn and in June, Blackstone paid £1.25bn for logistics and housing developer St Modwen Properties — where Allan was previously...
...The accommodation rental company posted net income of $650mn for the three months to the end of June, a 72 per cent increase on the same period a year earlier and ahead of analysts’ estimates of around $540mn...
...Databricks, which posted revenues of more than $1bn in June and acquired OpenAI competitor MosaicML for $1.3bn, is a candidate to IPO, according to Wolfe, who is one of its venture capital backers....
...In June, it announced it would split off its highly successful Chinese entity amid growing tensions between the US and China, and earlier this month it announced partner Michael Moritz would step down after...
...General Atlantic, which has invested in ByteDance and fast-fashion retailer Shein, said in June that the country still presented “great opportunity”....
...New York-based Insight Partners has raised just $2bn for a fund targeting $20bn launched last June and this week told investors it was reducing its goal to $15bn....
...In the 12 months to June, the “magnificent seven” tech companies earned $13.3bn in interest income while paying out just $9.6bn in interest expenses, according to data from S&P Capital IQ....
...Additional reporting from George Hammond in San Francisco...
...George Hammond and Tabby Kinder in San Fran have more....
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