Revolut alumni raise $70m for AI wealthtech startup Nevis
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Disruptive raises $10B fund to make big bets on at least 10 companies
Disruptive has made headlines in recent years for pouring money into companies like chip startup Groq and the AI voice-generation startup ElevenLabs.
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Whop raises $200M at $5.1B valuation after shipping three products in three months
Palo Alto-based Whop has closed a $200 million Series D led by Sequoia Capital and Shopify Ventures at a $5.1 billion valuation, and plans to open offices in Europe and Colombia, Bloomberg reported.
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DoorDash reportedly in talks to acquire Instacart in $17 billion deal
Instacart was also recently tied to acquisition rumors with Uber, but sources say those talks are no longer active. It is unclear if Uber would try again if DoorDash comes up short.
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Meta’s $25 billion legal loss just put blood in the water
When attorneys general from across the US announced a $17 billion settlement with Meta this summer, the sum was unprecedented. But a ruling last week by a New Mexico judge blew that number out of the water.
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Take it on the chin SatNad: Microsoft chief exec’s pay slips 6% in record year
Revenue up, operating profit up, 30 million paid Copilot seats locked in, 88 DCs added, $43.8 billion returned to shareholders
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