Vinted reaches €8 billion valuation in €880 million secondary share sale led by EQT
Schroders Capital and Teachers’ Venture Growth join as new investors. The transaction gives early investors and long-serving employees a route to liquidity. Vinted says it is ‘IPO-ready’ but has set no timetable. FY2024 revenue grew 36% to €813 million; net profit quadrupled. Vinted, the Lithuanian second-hand marketplace that has become one of Europe’s largest consumer-to-consumer […]<br /> This story continues at The Next Web [...]
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Vinted’s CEO says the US is an “enormous opportunity” as the $9B secondhand marketplace plots its Atlantic crossing
Vinted, the Lithuanian secondhand marketplace valued at €8 billion after an €880 million secondary share sale in April, is pushing into the United States and sees an “enormous opportunity” in [...]
Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts
Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the Lo [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]
Anthropic reportedly hits $1 trillion implied valuation on secondary markets
Secondary share trading platforms are pricing Anthropic at approximately $1 trillion, just three months after its primary fundraising round valued it at $380 billion. OpenAI is trading at $880 billion [...]
These are the best Amazon Prime Day TV deals from Sony, LG, Samsung and others to get before the sale ends
Amazon Prime Day is always a great time to consider a TV upgrade (aside from Black Friday, of course). While the prices for big screen TVs have fallen quite a bit over the years, even for coveted tech [...]
Perplexity AI unveils hybrid local-cloud inference system at Computex 2026
Perplexity AI, the fast-growing search startup now valued at $20 billion, unveiled what it calls the first hybrid local-server inference orchestrator at Computex 2026 on Monday night, demonstrating so [...]