Denver-based AI infrastructure provider Crusoe announced a $3.9 billion Series F funding round, catapulting its post-money valuation to $30.9 billion as global demand for specialized AI computing capacity surges. Key Takeaways: This funding highlights the immense capital flowing into underlying AI compute assets alongside deals like Crux AI’s $22B debt package! ⚡🖥️
London-based AI developer Mantic announced a $25 million seed funding round led by Radical Ventures, alongside Microsoft’s venture fund M12, Thinking Machines Lab, and Balderton Capital. Key Takeaways: A major milestone as frontier AI transitions from generating content to predicting real-world outcomes! 📊🔮
U.S. equity funds experienced net redemptions for a fourth consecutive week through September 18, driven by four-month highs in crude oil prices, climbing Treasury yields, and the Federal Reserve’s 25 bps interest rate hike. Key Data Highlights: Higher energy prices linked to geopolitical tensions continue to drive risk aversion across Wall Street! 📊💵
State-owned giant China Rare Earth Group is in talks to acquire a controlling stake in Shenghe Resources. The deal would further consolidate Beijing’s dominance over critical minerals and hand it a stake in a key U.S. defense supplier. Seeking Alpha+ 1 Key Takeaways: A major geopolitical development in the critical minerals landscape, as Beijing tightens...
U.S. equity funds experienced net redemptions for a fourth consecutive week through September 18, driven by four-month highs in crude oil prices, climbing Treasury yields, and the Federal Reserve’s 25 bps interest rate hike. Key Data Highlights: Higher energy prices linked to geopolitical tensions continue to drive risk aversion across Wall Street! 📊💵
Cross-border commercial real estate transactions jumped 56% year-on-year to $71.8 billion in the first half of the year, significantly outpacing broader overall property deal growth (+10% YoY to $604.6B), according to research from JLL and MSCI. Key Takeaways: A strong revival in international capital allocation across commercial real estate, even as macro interest rate headwinds...