Analysis
Several multibillion-dollar deals for data infra firms have been struck or closed just in the last few weeks.
1
Unglamorous 'data infrastructure' driving hot tech M&A market in AI race
2
Indonesia’s SPIL Ventures bets on early-stage startups with strong growth path
3
GIC, ICONIQ back IPO-bound Indian wealthtech firm Groww's $200m round: report
4
Labubu-maker Pop Mart launches jewellery concept store
5
Hong Kong listing to help Shein benefit from wider capital pool
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General Atlantic fund admin taps over $500m SE Asia opportunity
SG biotech startup ImmunoScape raises fresh funding from EDBI
SE Asia tech M&A volume logs second year of decline in 2024
Vietnam’s Green SM partners with Gojek to expand EV services in Indonesia
Chinese AI players move to seize DeepSeek-induced IPO window
Deals
Meta will take a 49% stake for $14.3b.
They will share market intelligence and explore co-investment and financing opportunities.
The investors could put in at least hundreds of millions of dollars each.
Data on 294 crypto funds shows they attracted $7.05b in net inflows.
IPOs & Markets
Bullish is seeking to capitalise on renewed investor interest in digital assets.
I Squared Capital, Stonepeak, and US firm Air Products have also evinced interest.
Earnings and Results
OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.
The changes could shave as much as one week off the typical 20-week IPO process.
Anglo American is pivoting towards its core assets in copper and iron ore.
