Search results for Greenoaks
Games & Commerce
Coupang dispute raises risk of U.S. tariff pressure on South Korea
A dispute involving Coupang is raising the possibility that U.S. pressure on South Korea could expand to additional tariffs. CNBC reported that U.S. congressional officials and people around Coupang see potential responses by Congress or the White House if the row drags on. The issue centers on South Korea’s response after a personal data leak case. U.S. politicians have urged a formal probe and tariff review, while both sides dispute the leak’s scale and related actions.
AI & Enterprise
Bezos also bets as CuspAI teams up with Nvidia to find new materials for AI chips
British AI startup CuspAI has raised $450 million and will work with Nvidia to discover new materials for next-generation semiconductors. CNBC reported the funding values CuspAI at $2.6 billion, with investors including Jeff Bezos’ Bezos Expeditions, Kleiner Perkins and others. CuspAI launched an AI Materials Foundry to link data, labs and computing resources. Nvidia will provide accelerated computing infrastructure, and Meta’s fundamental AI research group will also participate.
AI & Enterprise
Micron backs Anthropic with partnership and strategic investment
Micron Technology has signed a comprehensive partnership with Anthropic covering high-performance memory supply and strategic investment to strengthen cooperation on AI infrastructure. The companies will work on AI architecture design, memory and storage supply-chain visibility and use of Anthropic’s generative AI model Claude. Micron joined Anthropic’s Series H funding round as a strategic investor. Anthropic raised $65 billion in May, lifting its valuation to $965 billion, and Claude has about 30 million monthly active users.
-
Crypto
CZ warns most AI companies will fail as Anthropic and OpenAI valuations soar
-
AI & Enterprise
Anthropic raises $65 billion in Series H round, valuation rises to $965 billion
-
Crypto
Crypto unicorns see market value plunge after listing, some down as much as 99%
-
AI & Enterprise
Sierra CEO says click-based software to be replaced by natural-language AI agents
-
Mobility
Rivian spinoff Also to develop autonomous delivery vehicle with DoorDash
-
Crypto
Tempo launches mainnet, unveils machine payments protocol with Stripe
-
AI & Enterprise
WorkOS raises $100 million to expand authentication and security for AI agents
-
Games & Commerce
Kevin Warsh holds 10.45 million stake in Coupang
-
Games & Commerce
Coupang U.S. investors petition USTR for arbitration, say Korea discriminates
-
AI & Enterprise
Cyera raises $400 million at $9 billion valuation in Series F round