Fintech
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In the venture world valuations rely on agreements negotiated behind closed doors. A public offering forces those figures into open price discovery, and public investors want real cash flows before writing checks at these valuations. SoftBank subsidiary SB Energy paused its planned $50 billion public listing this week because bankers could not find sufficient demand.…
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London startup Callosum just closed a $100 million seed round just five months after their $10 million pre-seed. The economics of AI are shifting rapidly from model training to inference. Running workloads on uniform, general-purpose chips has created massive cost bottlenecks across the industry. This is the compute challenge Callosum is solving. Atomico led the…
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Yet Michael Burry had shorted it even before the earnings came out? Burry earned legendary status in 2008 by spotting the mortgage collapse before anyone else. That kind of independent conviction is rare, but his position here runs directly against real operational data. In it’s latest quarterly financial report, Nebius reported reported 454% year-over-year revenue…