BusinessStartups

Chobani Seeks $650 Million Funding at $20 Billion Valuation Amid Expansion Push

Yogurt giant Chobani is reportedly raising $650 million in new funding that would value the company at approximately $20 billion. Founder Hamdi Ulukaya’s stake in the company has reportedly increased his net worth to $13.5 billion according to Forbes estimates.

Chobani’s Major Funding Round and Valuation Surge

Yogurt market leader Chobani is reportedly raising $650 million in new funding that would value the privately-held company at approximately $20 billion, according to recent financial reports. The capital raise comes as the company continues to expand beyond its core yogurt business into adjacent food and beverage categories through strategic acquisitions.

HardwareTechnology

Apple M5 Chip Debuts In New MacBook Pro And iPad Pro With AI Focus And Design Changes

Apple has unveiled its M5 processor in three new products available for pre-order with October 22 sales. The chip brings significant AI performance improvements and design changes across devices. Regional packaging adjustments exclude chargers in EU and UK markets while maintaining U.S. inclusions.

Apple M5 Chip Launch And Availability

Apple’s new M5 processor has officially been unveiled and will go on sale within days across three different products, according to reports. The chip will power the MacBook Pro 14-inch, iPad Pro, and Apple Vision Pro, with all devices available for pre-order now and scheduled to begin sales on Wednesday, October 22, sources indicate.