AI Coding Startup Replit Valued at $3 Billion With New Funding
AI coding startup Replit Inc. has raised $250 million in a funding round that nearly triples its valuation to $3…
Rocket Maker Avio May Consider €300 Million Capital Raise
Italian rocket maker Avio SpA may consider a capital increase of as much as €300 million ($351 million) to strengthen…
Musk Says SpaceX to Fly Bigger, Fully Reusable Starship in 2026
Following the success of its latest Starship test, SpaceX is readying a bigger version of the rocket that should be…
Google- and Dell-Backed SingleStore Sold to Vector Capital
Private equity firm Vector Capital has agreed to buy SingleStore, a database startup backed by the venture arms of Google…
OCC’s Gould Welcomes ‘Legally Permissible’ Crypto-Banking Ties
Jonathan Gould, the head of the Office of the Comptroller of the Currency, said he wants to eradicate what he…
EchoStar Airwaves Sale Spells Death for 4-Player Mobile Market
EchoStar Corp.’s sale of billions of dollars in wireless spectrum to AT&T Inc. and SpaceX will benefit Charlie Ergen and…
What Oracle’s AI-Fueled Stock Market Leap Means in Four Charts
Oracle Corp. is having a record-breaking day in the stock market after delivering blockbuster guidance that has Wall Street buzzing…
Blackstone, Ares Provide $3.6 Billion for Park Place Buyout
Lenders including Blackstone Inc. and Ares Management Corp. are providing roughly $3.6 billion of private debt to help finance Warburg…
Hochul Vies to Make New York an AI Hub With Energy Push
Governor Kathy Hochul is positioning New York as a hub for artificial intelligence companies, arguing that competitive tax rates for…
What the Pentagon’s Rare Earths Deal Gets Right and Wrong
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us,…