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Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday. Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that … Read more
Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC. The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 … Read more
Key Takeaways The AI agent market cap has decreased by $2.5 billion, influenced by concerns over the cost-efficiency of DeepSeek, a Chinese AI model. DeepSeek’s emergence has triggered a reassessment of AI investments, impacting major tech stocks and crypto assets. Share this article The AI agent market cap has plunged over $2.5 billion in the … Read more
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