Microsoft says it’s working with Ubisoft to fix a problem with its latest Windows 11 update that’s been crashing some games, and it’s put the update’s release on pause for devices with those games in the meantime. Following users’ reports of issues after installing the Windows 11 24H2 update, Microsoft confirmed this weekend that certain… Continue reading Microsoft confirms Windows 11 24H2 update is crashing some Ubisoft games
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Vynn Capital leads $8.75m seed funding for MediSun EnergyThe funding values the company at $44m.
Kuala Lumpur-based venture capital firm Vynn Capital has led an $8.75-million seed funding round for MediSun Energy, a company specialising in advanced osmotic energy technology. The funding, which consists of $5 million in venture debt and $3.75 million in equity financing, values the company at $44 million, according to a statement. Other investors who participated… Continue reading Vynn Capital leads $8.75m seed funding for MediSun EnergyThe funding values the company at $44m.
Sequoia Capital marks up value of 2020 US venture fund by 24.6%Sequoia Capital US Venture VII opened in 2020 and closed at $808m.
Sequoia Capital, one of the world’s top venture capital firms, marked up the value of its 2020 Sequoia Capital US Venture VII fund by 24.6% in June, according to Pitchbook. Per PitchBook’s analysis of data from the Regents of the University of California’s endowment, the fund, opened in 2020 and closed two years later at… Continue reading Sequoia Capital marks up value of 2020 US venture fund by 24.6%Sequoia Capital US Venture VII opened in 2020 and closed at $808m.
AI platform CoreWeave targets over $35b valuation in US IPO next year: reportThe company is likely to target raising over $3b from the share sale.
Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday. Roseland, New Jersey-based CoreWeave is likely to target raising more than $3 billion from its share sale, which… Continue reading AI platform CoreWeave targets over $35b valuation in US IPO next year: reportThe company is likely to target raising over $3b from the share sale.
US pension fund IMRF commits $100m to EQT’s ninth Asia buyout vehicleThe commitment is for BPEA Private Equity Fund IX.
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US pension fund IMRF commits $100m to EQT’s ninth Asia buyout vehicleThe commitment is for BPEA Private Equity Fund IX.
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How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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Tesla and Rivian are settling their battery tech theft lawsuit
(Source: Tesla) Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology by poaching Tesla employees. It sounds like the two automakers are finally about to settle the lawsuit, which has been going on for 4 years. In 2020, Tesla filed a lawsuit against Rivian… Continue reading Tesla and Rivian are settling their battery tech theft lawsuit
Godfather of AI Warns of Powerful People Who Want Humans “Replaced by Machines”
“Intelligence gives power. So who’s going to control that power?” Fringe Theory One of the world’s leading AI pioneers is warning not only that the increasingly powerful technology could harm the world, but that the people in charge of it may be equally dangerous. In an interview with CNBC, computer science luminary Yoshua Bengio said that… Continue reading Godfather of AI Warns of Powerful People Who Want Humans “Replaced by Machines”