Echo Wang
Stories by Echo Wang
Nvidia-backed CoreWeave downsizes US IPO
The sale would raise about $1.5 billion and value CoreWeave at about $23 billion.
CoreWeave inks $11.9b contract with OpenAI ahead of IPO
As part of the pact, CoreWeave will provide AI infrastructure to OpenAI.
China-focused PE funds scramble to spur global growth under pressure
Stalled Chinese growth, weak exits, and US squeeze force funds to diversify.
Databricks nears record $9.5b VC raise from GIC, others
Thrive Capital, Andreessen Horowitz, and Insight Partners may participate.
TPG co-founder and private equity pioneer David Bonderman dies
Bonderman transformed TPG into a publicly-traded firm with a market value of $24.3b.
Warburg expects uptick in PE deal activity in 2025 and 2026, says CEO Perlman
Sellers of companies will be more willing to reduce their prices.
AI platform CoreWeave targets over $35b valuation in US IPO next year: report
The company is likely to target raising over $3b from the share sale.
TikTok parent ByteDance’s valuation said to hit $300b
ByteDance's global revenue grew 30% last year to $110 billion.
KKR’s quarterly profit soars 58% on record-high fee income
KKR achieved its highest-ever fee-related earnings of $1 billion, up 79% from the previous year.
Blackstone beats profit estimate on record AUM, pickup in deal activity
Blackstone said it saw $41b inflows in Q3, while it deployed and committed $54b of capital.
