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Silicon Valley Bank returns to its roots, giving new owner big lift - San Francisco Business Times
The Business Journals· 5 days agoBarely a year after its stunning collapse and rescue by First Citizens Bank, Silicon Valley Bank is...
Deepfakes target top executives, posing new cyber threat - San Francisco Business Times
The Business Journals· 2 days agoA few months ago, Alex Cox learned of an unusual cyberattack on his employer, LastPass. Cox handles...
AI and Web3 led May’s new unicorn pack
Fortune· 1 day agoSix new unicorns were minted in May and, yep, two of them were AI companies, Crunchbase data released earlier this week showed. While newly-minted AI unicorns is a predictable enough phenomenon ...
Six Companies Joined The Unicorn Board In May, With xAI Alone Adding $24B In Value
Crunchbase· 5 days agoA total of six companies joined The Crunchbase Unicorn Board in May, down from 10 new unicorns in April and eight in May 2023. The largest new entrant was xAI, which raised $6 billion and officially ...
China's venture capital 'godfather' Neil Shen exits board of food delivery giant Meituan
South China Morning Post via Yahoo Finance· 5 days agoNeil Shen Nanpeng, the billionaire founder of Chinese venture capital firm HongShan, formerly...
Right Off The Batch: 50% Of YC W24 Is Built With AI. Who Got Funded?
Crunchbase· 4 days agoEvery cohort of Y Combinator startups “graduates” to great fanfare when the accelerator holds its...
Nvidia eclipses Microsoft as world’s most valuable company
Gulf Business· 3 days agoNvidia’s stunning surge over the past year has become emblematic of a Wall Street frenzy driven by...
Chinese AI Firm 4Paradigm on Impact of US Sanctions
Bloomberg· 3 days agoThe Hong Kong-listed firm is backed by Sequoia Capital, Goldman Sachs and Primavera Capital. Dai speaks with Yvonne Man and David Ingles on "Bloomberg:...
China’s venture capital ‘godfather’ Neil Shen exits Meituan board
South China Morning Post· 5 days agoShen, 56, retired from that role owing to “other business commitments”, and there is no disagreement...
Hong Kong's WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines
South China Morning Post via Yahoo Finance· 2 days agoWeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates ...