Venture Capital
Alibaba (BABA) leads record $1B funding round for China's Moonshot AI. (00:24) Broadcom (AVGO) halts $1B sale of Carbon Black business - report. (01:43) Wendy's (WEN) may test dynamic pricing in a first for the fast-food industry. (02:20) Alibaba (NYSE:BABA) is betting big on generative AI, as it led a $1B funding round in Chinese startup Moonshot AI, valuing the AI player at around $2.5B. This is an eight-fold increase compared to its initial financing round.