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Bloomberg

SpaceX IPO Shows Willingness to Finance AI, Waldron Says

John Waldron, Goldman Sachs president and chief operating officer discusses SpaceX's record IPO and whether markets can absorb two other possible big IPOs by the end of the year. "Capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure," he tells Bloomberg Television.

Leia mais: SpaceX IPO Shows Willingness to Finance AI, Waldron Says
Bloomberg

Tech Secretary Vows More Help for UK AI Sector

Technology Secretary Liz Kendall says the UK's Labour government will strengthen efforts to drive institutional funds into British tech companies, as she pledged more backing for the country's artificial intelligence sector. Speaking to Bloomberg TV during London Tech Week, Kendall said she wants The government wants to unlock investment into UK firms with legal reforms to how pension funds are run.

Leia mais: Tech Secretary Vows More Help for UK AI Sector
Bloomberg

London's AI Ecosystem Never Better: ElevenLabs CEO

ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain. ElevenLabs, which uses AI to create a variety of realistic voices, is the UK's most valuable AI start-up at $11 billion. Staniszewski spoke to Bloomberg's Tom Mackenzie at London Tech Week.

Leia mais: London's AI Ecosystem Never Better: ElevenLabs CEO
Grafa
Technology

Alibaba deploys $1.5B valuation play to secure online grocery pioneer Pupu

Alibaba Group Holding (NYSE:BABA) has submitted a $1.5 billion proposal to acquire Chinese grocery delivery company Pupu, sparking an aggressive bidding war as part of a strategic offensive to capture local digital commerce market share from its primary online services rival, Meituan.

Leia mais: Alibaba deploys $1.5B valuation play to secure online grocery pioneer Pupu
Grafa
Retail

HF Foods implements short-term rights plan to counter unsolicited share accumulation

HF Foods Group (NASDAQ:HFFG) announced that its Board of Directors has adopted a limited-duration stockholder rights plan, commonly known as a "poison pill," intended to protect corporate assets against potential hostile takeover attempts.

Leia mais: HF Foods implements short-term rights plan to counter unsolicited share accumulation
Grafa

AbbVie presents nine-year data validating long-term benefits of fixed-duration Leukemia treatment

AbbVie (NYSE:ABBV) announced long-term follow-up results from its landmark Phase 3 CLL14 clinical trial, reinforcing the durable efficacy of its BCL-2 inhibitor Venclexta (venetoclax) when used as a fixed-duration therapy.

Leia mais: AbbVie presents nine-year data validating long-term benefits of fixed-duration Leukemia treatment
Bloomberg

SpaceX Makes History With Biggest-Ever IPO

SpaceX raised $75 billion in its IPO, pricing 555.6 million shares at $135 each, sending it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire. Bloomberg Intelligence's Matthew Bloxham breaks down the situation and what to expect from SpaceX's first day of trading.

Leia mais: SpaceX Makes History With Biggest-Ever IPO