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“#SoftBank launches $525M SPAC to invest in robot ‘revolution’” WeWork owner SoftBank is ramping up its investments in artificial intelligence — a move that appears to be tied to its eccentric founder’s obsession with robots taking over the earth. The Japanese conglomerate disclosed plans late Monday to raise $525 million to acquire a private company…
“#Thoma Bravo launches $750 million SPAC in search of tech deal” Private equity giant Thoma Bravo is marketing a $750 million “blank check” company — and pivoting from its usual business model in order to invest in a fast-growing tech startup, a source close to the situation told The Post. Chicago-based Thoma Bravo’s usual approach…
“#TikTok owner reportedly eyes fundraising valuing it at $180B” TikTok-owner ByteDance is in early talks to raise a new round of financing that will value it at $180 billion after the investment, according to two people familiar with the matter. The company is discussing the round with existing investors including Sequoia Capital and General Atlantic…