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SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 million in a round led by …
Continue reading SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
Netflix Reportedly Greased the Skids for Its Warner Acquisition by Yukking It Up with Trump
The main subtext of the unpleasant announcement on Thursday that Netflix planned to buy Warner Bros. Discovery in a deal worth $82.7 billion was that Silicon Valley is still grabbing all it can amid the ongoing looting of culture by Big Tech. That subtext may have overshadowed some additional, equally nauseating subtext that anonymous sources …
Continue reading Netflix Reportedly Greased the Skids for Its Warner Acquisition by Yukking It Up with Trump
Netflix co-CEO reportedly discussed Warner Bros. deal with Trump
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President …
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SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company
According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double its recent $400 billion valuation and surpassing OpenAI to claim the title of America’s most valuable private company. SpaceX has not responded to a request for comment; the WSJ not …
Continue reading SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company
Meta reportedly delays mixed reality glasses until 2027
Meta is developing new mixed reality glasses under the codename Phoenix, according to Business Insider — but their release date has been pushed back from the second half of 2026 to the first half of 2027. The Facebook parent company already sells VR headsets and Ray-Ban smart glasses, but these glasses sound a bit different; …
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