Chinese AI models will slash adoption costs, says Singapore’s GIC ⊕
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a story from Financial Times ✅ › Financial Times
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GIC
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2 days ago
Sovereign wealth fund expects strong growth in Chinese AI companies but is cautious about start-ups
51 days ago
Ramp hits $44 billion valuation as companies look to rein in AI spending ○
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Ramp's latest funding round was led by ICONIQ, GIC and the Ontario Teachers' Pension Plan.
67 days ago
Europe’s biggest office deal since 2022 collapses ⊖
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a story from Financial Times ✅ › Financial Times
Buyer fails to raise funds for €850mn acquisition of Frankfurt’s OpernTurm from JPMorgan and GIC
5 months ago
Anthropic doubles VC fundraising to $20bn on surging investor demand ○
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a story from Financial Times ✅ › Financial Times
Company in talks to raise new funds from Coatue, GIC, Iconiq and Sequoia at $350bn valuation
6 months ago
Sequoia to join GIC, Coatue in Anthropic investment, FT reports ⊕
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Last year, Anthropic secured commitments from Microsoft and Nvidia totaling up to $15 billion.
AI chatbot maker Anthropic plans to raise $10bn to reach $350bn valuation ⊕
Startup founded by former OpenAI staff is aiming to more than double its annualized revenue run rate this year
Anthropic is planning a $10bn fundraise that would value the Claude chatbot maker at $350…
9 months ago
Nio shares plunge 12% after Singapore's GIC accuses Chinese EV maker of inflating revenue ⊖
Singapore's sovereign wealth fund accused the Nio of misleading investors by inflating its revenues, according to a court document filed in August.
10 months ago
Brookfield in talks to buy US landlord from Singapore’s GIC in $10bn deal ○
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a story from Financial Times ✅ › Financial Times
Purchase of Yes! Communities would be one of sector’s largest takeovers since 2022
12 months ago
Singapore’s GIC signals caution on private credit ○
Sovereign wealth fund highlights booming sectors’ shrinking yields and lack of experience of downturns
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