Zuckerberg admits Meta bet $200B on AI in the dark
Meta's CEO says the company committed up to $200 billion to AI infrastructure without knowing if it would work, as free cash flow collapsed 91 percent.
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Ramp hits $60bn valuation in $1.85bn round
Fintech startup Ramp raised $1.85bn at a $60bn valuation, cementing its lead in the corporate spending space.
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Europe's venture funds now hold 15 unicorns
The European Investment Bank's Tech Champions Initiative has backed 12 funds managing nearly four billion euros, keeping scaled startups on the continent.
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