Financial Times
Facts
- HQ
- United Kingdom
- Sectors
- Media, Newspaper, Financial News
- Founded
- 1888
- Registered name
- The Financial Times Ltd.
- Stage
- Public
Stoke Space Technologies Raises $1 Billion to Fund Fully Reusable Nova Rocket Competing With SpaceX
Stoke Space Technologies is raising $1 billion to accelerate development and production of its fully reusable Nova rocket aimed at competing with SpaceX.
ElevenLabs Invests $11 Million in Warsaw R&D Hub Amid $500 Million ARR Milestone and $11 Billion Valuation
ElevenLabs, a Polish AI voice company valued at $11 billion, invested $11 million in a Warsaw R&D hub while surpassing $500 million ARR. The company emphasizes maintaining engineering work in Europe despite global expansion.
Twelve AI Labs Valued at Nearly $130 Billion Raise $29 Billion Without Commercial Products
Twelve AI startups dubbed 'Virgin Unicorns' have raised over $29 billion with a combined valuation nearing $130 billion despite having no commercial products. These companies, backed by top investors, reflect a high-stakes bet on AI's future commercialization potential.
Uber + Expedia? Ballmer on 60 Minutes; 1980s Silicon Valley revisited; What's next for AI
This week, we imagine the possibility of Uber buying Expedia Group, based on a report by the Financial Times this week that the ride-hailing company has considered a bid for the online travel giant. It would be notable in part because Uber CEO Dara Khosrowshahi was Expedia Group’s CEO from 2005 to 2017 and remains on the company’s board. In the second segment, we enjoy highlights from the "60 Minutes" profile of former Microsoft CEO Steve Ballmer, and a separate appearance by University of Washington historian and author Margaret O'Mara on an episode of the podcast "60 Minutes: A Second…
Irreverent Labs, led by Rahul Sood and backed by Andreessen Horowitz, raises $5M and unveils MechaFightClub — a Solana-based AI + NFT fighting game
Irreverent Labs, a Seattle startup led by Microsoft veteran Rahul Sood that raised a $5 million seed round backed by a16z, unveiled MechaFightClub, a Solana-based, cruelty-free play-to-earn fighting game using AI, NFTs and an in-game currency called nuggets set to release this spring. The game features unique tradable ‘mechabots,’ genetics/breeding systems, and aims to attract traditional gamers by offering character ownership and monetization.
Coinme raises $10M to expand crypto cash network enabling bitcoin purchases at 15,000+ MoneyGram and Coinstar locations
Seattle-based Coinme raised $10 million from existing investors to expand its cryptocurrency cash network that lets customers buy and sell bitcoin at over 15,000 physical locations through partners like MoneyGram and Coinstar.
