Cerebras Systems, the Silicon Valley AI chip startup known for its dinner-plate-sized computing chip, announced a $1.1 billion funding round, led by Fidelity Management & Research and Atreides Management. The round added investors including Tiger Global, Valor Equity Partners, and 1789 Capital, the firm where Donald Trump Jr. is a partner. The funding lifts Cerebras’...
For dealmakers worldwide, the third quarter of 2025 was both one of the best and one of the worst in recent memory. Megadeals totaled an impressive $1.26 trillion, up 40% YoY, marking the second-highest Q3 by deal value on record. Yet, the number of deals signed fell to 8,912, down 16% from last year –...
China’s Unitree Robotics, a high-profile robotics unicorn based in Hangzhou, is planning an initial public offering (IPO) with a target valuation of up to 50 billion yuan ($7 billion), according to sources familiar with the company’s plans. Unitree gained global attention last year with videos showcasing robots capable of human-like mobility—walking, climbing, and carrying loads....
Investors funneled $44.8 billion into emerging market (EM) equities and debt portfolios in August, the largest inflow in almost a year, according to the Institute of International Finance (IIF). Jonathan Fortun, senior economist at IIF, notes: “Investor positioning appears increasingly sensitive to headline risk and policy noise, especially in economies exposed to external shocks or...
Italy’s government is working “constructively” with Pirelli and its investors to resolve a governance dispute that has impacted the tyre maker in recent years. The government aims to ensure that Pirelli remains fully competitive in all markets while complying with evolving regulatory requirements. The focus is on managing the role of state-backed Chinese shareholder Sinochem,...
Switzerland and UBS are reportedly signalling a willingness to find common ground on new bank capital requirements, potentially paving the way for parliament to approve rules acceptable to both the government and the bank. UBS has strongly criticised the government’s proposed regulations—introduced in June after the 2023 Credit Suisse collapse—which would have required an additional...