Ed Ludlow

(Bloomberg) -- Waymo, Alphabet Inc.'s autonomous driving unit, was valued at more than $45 billion including its latest round of financing, according to people familiar with the matter.

(Bloomberg) -- Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to develop a technological hub to rival the neighboring United Arab Emirates, people familiar with the matter said.

(Bloomberg) -- Activewear maker Vuori will allow some early investors and employees to sell shares in a tender offer that values the company at about $5.5 billion, according to people familiar with the matter.

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits, Rivian said in a statement Nov. 7

Artificial intelligence-powered sales startup 11x has raised $50 million in a new funding round led by Andreessen Horowitz, the company plans to announce Monday, the latest significant financing for a young AI company.

SpaceX is in early discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around $255 billion, people familiar with the matter said.

Thrive Capital is in talks to acquire a roughly $1 billion stake in analytics software maker Databricks Inc. in deal that would value the startup at about $55 billion, according to people familiar with the matter.

Activewear maker Vuori will allow some early investors and employees to sell shares in a tender offer that values the company at about $5.5 billion, according to people familiar with the matter.

Rivian Automotive Inc. said it’s on track to achieve a positive gross profit in the final three months of the year, counting on a surge of regulatory credit sales after production disruptions added to losses.

Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to develop a technological hub to rival the neighboring United Arab Emirates, people familiar with the matter said.