Fidelity

Entity category: organization

AI & Tech

AI Kills Investor Loyalty: OpenAI Backers Now Fund Anthropic

Major financial firms are simultaneously investing billions in competing AI giants like OpenAI and Anthropic, blurring lines between strategic partnership…

Read More »
AI & Tech

xAI Raises $20 Billion in Series E Funding Round

Elon Musk's xAI secured $20 billion in Series E funding from major investors and strategic partners like Nvidia, with plans…

Read More »
Automotive

Nissan Data Breach: Thousands Affected by Red Hat Hack

A data breach at software firm Red Hat compromised a server, exposing the personal information of approximately 21,000 Nissan customers…

Read More »
Business

Meesho’s $606M IPO Soars Amid India E-Commerce Boom

Meesho's IPO debuted strongly with shares surging 46%, raising $606 million and achieving an $8.69 billion valuation, a significant jump…

Read More »
Business

Revolut Valued at $75 Billion in New Funding Round

Revolut has achieved a $75 billion valuation, making it one of Europe's most valuable private tech companies and highlighting strong…

Read More »
BigTech Companies

Bending Spoons: The Company Behind the AOL Acquisition

Bending Spoons has elevated its four cofounders to billionaire status through a major funding round and secondary share sale, securing…

Read More »
Business

Beta Technologies Files for $825M IPO to Power Electric Aircraft

Beta Technologies has filed for an IPO seeking up to $825 million to advance its electric aircraft development, with a…

Read More »
Artificial Intelligence

Cerebras Raises $1.1B While Still Private a Year After IPO Filing

Cerebras Systems raised $1.1 billion in Series G funding, reaching an $8.1 billion valuation, co-led by Fidelity and Atreides Management,…

Read More »
Artificial Intelligence

How Anthropic’s Enterprise Strategy Drove Its $183B Valuation

Anthropic has achieved a valuation of $183 billion, driven by rapid enterprise adoption with over 300,000 business clients, emphasizing safety…

Read More »
Artificial Intelligence

Gupshup Secures $60M in Funding, Unicorn Status Still Uncertain

Gupshup, a business messaging platform, secured $60 million in new funding to expand in high-growth markets like India and Latin…

Read More »
Artificial Intelligence

xAI Secures $10B in Funding Through Debt and Equity

Elon Musk's xAI secured $10 billion in combined debt and equity financing, with $5 billion each from debt and strategic…

Read More »
Artificial Intelligence

AI Startup Campfire Lures NetSuite Clients, Secures $35M Series A Led by Accel

Campfire, an AI-driven accounting platform, raised $35 million in Series A funding led by Accel, with participation from investors like…

Read More »
Business

Canary raises $80M Series D led by YC, Insight Partners for hotel tech

Canary, a hotel guest management platform, raised $80 million in Series D funding led by Brighton Park Capital, bringing its…

Read More »