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QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.
Anthropic generated more quarterly revenue than OpenAI for the first time, while OpenAI paused a major AI model training run over growing cybersecurity concerns.
Pre-IPO futures tied to Unitree Robotics have surged more than 300% above the company’s IPO valuation, implying a market value of roughly $40.5 billion ahead of its Shanghai debut.
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and hired away key executives.
Anthropic’s annualized revenue has reportedly surpassed $65 billion ahead of its expected IPO, as investors increasingly focus on the company’s long-term growth projections.
Chinese humanoid robot maker Robotera is considering a Hong Kong IPO that could raise up to $1 billion as investor interest in robotics continues to surge.
Cerebras shares surged 17%, adding approximately $8.8 billion in market value after investors welcomed the company’s agreement with OpenAI.
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company’s strategy of accelerating AI infrastructure investment.
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.
Anthropic reported more than $11.5 billion in second-quarter revenue, reinforcing expectations that its upcoming IPO could become the largest public offering in history.
Nvidia disclosed ownership of 122.8 million SpaceX Class A shares worth approximately $21 billion, making SpaceX one of its largest equity investments.
Anthropic investors are reportedly targeting a valuation above $2 trillion in the company’s upcoming IPO, which could become the largest public offering in history.
Nebius reported another explosive quarter as revenue jumped 454% year over year, driven by record demand for AI cloud infrastructure and multibillion-dollar customer contracts.
AI coding startup Lovable raised $400 million at a $13.3 billion valuation as its annual recurring revenue approaches $600 million.
Riot Platforms signed a long-term AI infrastructure agreement with Anthropic worth up to $9.1 billion, sending the company’s shares sharply higher as it accelerates its shift beyond Bitcoin mining.