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Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
…oadcom is arranging more than $50 billion in financing for the custom chip it is developing with OpenAI; per t…
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Nvidia-Backed Firmus Said to Cut $5B Australian IPO Pricing as Investors Balk
…Firmus planned to raise about $5 billion in what would be Australia's second-largest IPO in nearly 30 years; l…
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Manus Parent Raises Over $500M, Operating Independently After Meta Deal Was Blocked
…t major raise since Meta's $2 billion-plus acquisition was unwound; per The Information, its annualized revenu…
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Tencent Mulls $5B Offshore Bond Sale to Fund AI Push
…s year; in June it sold $4.66 billion of bonds, its largest debt deal since 2020.
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Stuut Raises $52.5M Series B to Automate Order-to-Cash
…ers and has processed over $3 billion, and the new money funds expansion into credit, lending and fund movemen…
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Nvidia-Backed Firmus Withdraws $31B IPO That Would Have Been Australia's Biggest in Nearly 30 Years
…ued the company at about A$44 billion and targeted nearly $5 billion; it would have been Australia's largest s…
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Sequoia Leads $60M Series B for Robot-Data Startup Mecka AI
…ng, at a previously reported ~$500 million valuation; Mecka pays people to record everyday tasks to train huma…
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Nvidia-Backed Upscale AI Launches Token Fabric for Cross-Vendor AI Chip Networking
…. Upscale AI was valued at $2 billion in June and has raised about $500 million in total. Token Fabric's first…








