AI tech firm DataRobot valued at $6.3bn after $300m PE-investment

AI tech firm DataRobot valued at $6.3bn after $300m PE-investment

Artificial intelligence technology company DataRobot said on Tuesday it has raised $300m in a funding round led by Altimeter Capital and Tiger Global, more than doubling its valuation to $6.3bn. New investors including Counterpoint Global, the investment arm of Morgan...
EQT Makes $12bn U.S. Infrastructure Bet

EQT Makes $12bn U.S. Infrastructure Bet

Multistrategy investor EQT recently made three infrastructure deals in the U.S. totaling about $12bn as the Swedish firm bets that rising demand for clean energy will boost returns even as its rivals pour capital into the sector. Stockholm-based EQT earlier this month...
Blackstone takes minority stake in private equity manager GTCR

Blackstone takes minority stake in private equity manager GTCR

Blackstone Group acquired a minority stake in private equity firm GTCR, a joint release from both firms said Tuesday. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP stakes business, which “specializes in value-added,...