Venture Capital
The move builds on Singapore’s push to strengthen its position as a global quantum innovation hub.
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Analysis
Nvidia has had to scramble to deal with several unexpected developments.
Deals
QIA will buy 57.5 million Ivanhoe shares at C$12 apiece.
IPOs & Markets
The investment company plans to sell a stake of up to 25% in DIP.
Chinese shareholders will own an 80% stake.
A deal for TikTok had been in the works in the spring.
People
The execs include UK chief Sarah Melvin and deputy head of the portfolio management Mike Pyle.
Private Equity
The deal leaves Intel with a 49% holding.
Nvidia, Intel Capital, LG Technology Ventures, and Salesforce also participated.
The LP View
Deals are built on the value-creation potential of investors, says Pamela Fung.
