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Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…
Lily’s Law push gains momentum after NSW teen hiker’s death, August 25
Lily Hooper, 18, died in Nattai National Park after eight days missing. Her family is calling for ‘Lily’s Law’ to promote personal locator devices and bush safety education for hikers.
Cadeler (CADLR) H1 Revenue More Than Doubles to €408 Million as Net Profit Jumps 54%
Cadeler (NYSE: CDLR) reported a strong first half on August 25, 2026, with revenue more than doubling to €408 million and net profit rising 54% to €88 million. The offshore wind installation company attributed the increase to fleet expansion and a higher number of contracted days. With more vessels now in operation and its order…
Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25
Victoria Police arrested five men and raided CFMEU Melbourne headquarters investigating secret commissions, fraud and drug trafficking. Two men charged; three released pending enquiries.
Crypto Prices Today: Bitcoin Surges to $80,784, Solana Leads Market Rally With 35% Weekly Gain
Crypto prices are back in focus on August 25, 2026, after Bitcoin moved above the $80,000 mark. Bitcoin traded near $80,784, gaining almost 5% in 24 hours and more than 25% over the past week. The rally has also reached other major cryptocurrencies. Solana has gained more than 35% this week, putting it among the…
Brooklyn Democrats Rule Change Blocked as Reformers Win Court Victory on August 25
Brooklyn Democratic Party chair Rodneyse Bichotte Hermelyn proposed expanding executive committee voting from 42 to over 68 members. Reformers and city officials oppose the move as an attempt to block newly elected district leaders from removing her.
Hindustan Copper Share Price in Focus as Government Launches 3% OFS at ₹514, a 10% Discount
Hindustan Copper shares stayed in focus on Tuesday after the government launched an Offer for Sale at ₹514 per share. The floor price marks a 10.38% discount to Monday’s closing price of ₹573.55. The base offer covers 3% equity, with a green-shoe option to divest another 3% if oversubscribed. DIPAM Secretary Arunish Chawla confirmed the…
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
Supreme Court Clears Trump’s Mail Ballot Order for Midterms on August 25
Supreme Court allows Trump administration to implement parts of executive order restricting mail voting for midterms. Democratic-led states plan new lawsuits and California proposes felony penalties for ballot interference.