Go Inc., Japan’s most widely used taxi-hailing app, begins trading on the Tokyo Stock Exchange on Tuesday after raising ¥88.6 billion ($553 million) in the country’s largest initial public offering this year. The offering was more than 25 times oversub…
Asian technology stocks surged on Monday after the United States and Iran announced a peace agreement, with AI and semiconductor companies posting the largest gains. SoftBank rose 10 per cent, SK Hynix climbed 6.42 per cent, and Samsung Electronics gai…
Monday.com is becoming an investor. The Israeli work-management company has launched Monday Ventures, a corporate fund that will put up to $200m into startups building the next generation of workplace AI, according to a report in the Israeli business d…
Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, led by IT services giant HCLTech, which is putting in $150…
NewCore has come out of stealth with $66m to solve a problem most companies have not named yet: who, or what, is logging into their systems. The identity-security startup, based in Tel Aviv and San Francisco, is building a platform to govern both human…
The Nvidia bond sale is on. The chipmaker is seeking to raise at least $20bn in its first corporate bond offering since 2021, Bloomberg reported, citing people with direct knowledge. It is selling the debt in seven tranches, with maturities running fro…
The Enflame IPO is on. Shanghai Enflame Technology, an AI-chip startup backed by Tencent, has won listing-committee approval to raise about 6 billion yuan ($888m) on the Shanghai Stock Exchange’s STAR board, according to Bloomberg. It is the last of Ch…
Around 30 European family offices have told Hong Kong’s investment promotion agency that they plan to set up operations in the city, according to InvestHK. The interest accounts for roughly 19% of the 160 family office cases InvestHK is currently handl…
IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman cur…
CoreWeave, the AI cloud infrastructure company that began life as a New Jersey cryptocurrency mining operation called Atlantic Crypto, has been selected for inclusion in the Nasdaq-100 Index. The addition takes effect before market open on 22 June, jus…