People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank’s collapse, on March 13, 2023. Nikolas Liepins | Anadolu Agency | Getty Images Private equity firms Apollo Global Management and KKR are among the parties reviewing a book of loans held by Silicon Valley Bank, people familiar with the discussions told CNBC. Two of those people said Apollo may be interested in acquiring a piece of the business at...

The start-up, Dfinity, will use the money to hire employees and fund other initiatives, its founder Dominic Williams tells CNBC. Competition is already fierce in the cloud computing sector as Amazon Web Services dukes it out with Salesforce and Microsoft. A blockchain start-up dubbed the "world computer" has raised $102 million in funding from Andreessen Horowitz and crypto hedge fund Polychain Capital, among others.