CoreWeave Prices IPO Below Range Amid Market Headwinds
Cloud AI provider valued at $19B after raising $1.5B
CoreWeave CEO Mike Intrator defended the company’s lower-than-expected IPO pricing on Friday, citing broader macroeconomic headwinds...
Rivian Spins Out ‘Also’ to Develop Small EVs
Rivian Automotive has launched a new start-up called Also, spinning out its electric micromobility business into an independent entity. Also aims to develop small,...
Affirm Teams Up with JPMorgan to Expand BNPL Services
Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants...
Seven & i Appoints First Foreign CEO Amid Takeover Battle
Seven & i Holdings, the Japanese operator of 7-Eleven, has appointed its first foreign CEO as it seeks to fend off a $47 billion...
Eli Lilly Invests $27 Billion in U.S. Manufacturing Expansion
Eli Lilly announced on Wednesday a $27 billion investment to build four new manufacturing sites in the U.S., marking the largest pharmaceutical expansion in...
Apollo Global Buys Bridge Investment for $1.5 Billion in Stock
Apollo Global Management Inc. has agreed to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. Under the...