Tag Archives: Investors News

CoinspeakerTemasek Records 5% Decline in Annual Shareholder Return Temasek adopted a cautious approach and slowed down its investment pace, with a net investment of $3 billion in the 12 months ending March 31. Temasek Records 5% Decline in Annual Shareholder Return

Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of SkyBridge Capital, advised AI stock investors to concentrate on long-term investments amidst these concerns. He highlights...

The funding round conducted only a few months after its public launch puts Typeface in fierce competition with similar tools. Typeface, a generative artificial intelligence (AI) content creation platform for enterprises, announced it has concluded a Series B funding round. Typeface received $100 million in funding from a round led by Salesforce Ventures, the arm of Salesforce Inc (NYSE: CRM) that provides funding, support, and mentorship to startups. The round brings Typeface’s total...

Despite the challenging landscape of the smartphone consumer market and the economic climate, Nothing has achieved significant milestones and is poised for further growth. London-based tech startup Nothing has successfully closed its recent fundraising round with $96 million secured from both new and existing partners. The company was founded in 2020 by Carl Pei, the former co-founder of the smartphone maker OnePlus. In an announcement on Twitter, Nothing revealed that the investment round...

Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India.  Innoviti Technologies, an Indian fintech startup, is exploring a fresh funding round that could potentially value the company at approximately $350 million, Bloomberg reported on June 28, citing people familiar with the matter. According to the report, the company seeks to raise around $25 million in the financing round to boost its business offerings and increase its market dominance....

Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008. American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th of June. A stock exchange filing revealed that the investment company sold the shares for HKUS$ 675.80 million, equaling $86.3 million. Berkshire Cuts China’s BYD Shares Holdings Following the sale of the BYD share, Berkshire Hathaway’s holdings in the...

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...

By the company’s estimates, its first models for text-based generative AI will be released by 2024. Four-week-old artificial intelligence (AI) startup, Mistral AI, has raised $113 million in seed funding. The round was led by Lightspeed Venture Partners and saw participation from JCDecaux Holding, Motier Ventures, and Rodolphe Saadé in France. International VCs such as Exor Ventures from Italy, Belgium’s Sofina, and many others also partook in the round. The seed round has now brought the...

Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking AI technology, Synthesia, enables enterprise users, including HR professionals and marketers, to create high-quality video content in 15 minutes...

Wood’s Ark Innovation ETF has dropped more than 10% from its peak in early February, while the Nasdaq 100 Stock Index has climbed up by 12% in the same time frame. Cathie Wood, the renowned founder and CEO of ARK Invest is making headlines for stating that software stocks are the next big bet in the Artificial Intelligence (AI) world, following the success of Nvidia Corporation (NASDAQ: NVDA). During an interview with Bloomberg TV, Wood noted that while Nvidia is likely to perform well in...