Nvidia Explores Investment in Mercor at $20 Billion Valuation
Nvidia is reportedly considering an investment in AI data startup Mercor at a $20 billion valuation as demand for high-quality training data continues to accelerate.
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Beijing’s AGI Bar Serves Free DeepSeek Tokens Instead of Wi-Fi
A new AI-themed bar in Beijing is giving customers free DeepSeek tokens instead of Wi-Fi, reflecting China’s rapidly growing enthusiasm for artificial intelligence.
Higgsfield Raises $400 Million at $5.4 Billion Valuation as Natalia Vodianova Joins Investors
AI video startup Higgsfield has raised $400 million in Series B funding at a $5.4 billion valuation, with model and entrepreneur Natalia Vodianova joining the investor group.
Anthropic Weighs Supervoting Shares for Founders Ahead of IPO
By
Michael Foster
• 2 mins read
Anthropic is reportedly considering issuing supervoting shares to its founders ahead of its expected IPO, helping preserve their control as the AI company prepares to go public.
Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund
By
Oleg Petrenko
• 2 mins read
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 Overtakes OpenAI in Quarterly Revenue as OpenAI Pauses Major AI Training Run
By
Michael Foster
• 2 mins read
Anthropic generated more quarterly revenue than OpenAI for the first time, while OpenAI paused a major AI model training run over growing cybersecurity concerns.
Higgsfield Raises $400 Million at $5.4 Billion Valuation
By
Emma Clarke
• 2 mins read
AI video startup Higgsfield raised $400 million in Series B funding at a $5.4 billion valuation as annualized revenue reached approximately $700 million.
Groq Raises $350 Million at $3.5 Billion Valuation After Nvidia Deal Reshapes the Company
By
Oleg Petrenko
• 4 mins read
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 Annual Revenue Run Rate Reportedly Surpasses $65 Billion Ahead of IPO
By
Michael Foster
• 3 mins read
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.
Stripe Acquires OpenRouter in Deal Worth More Than $7 Billion
By
Oleg Petrenko
• 2 mins read
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.
Anthropic’s Revenue Surges 14-Fold Ahead of Potential Record-Breaking IPO
By
Oleg Petrenko
• 3 mins read
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.
Anthropic Reportedly in Talks to Acquire Decart for $6 Billion
By
Emma Clarke
• 2 mins read
Anthropic is reportedly negotiating a $6 billion acquisition of Israeli AI startup Decart to strengthen its AI infrastructure and chip optimization capabilities.
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MS Team
• 1 min read
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Kalshi Seeks $40 Billion Valuation in New Funding Round as Revenue Surges
By
Michael Foster
• 3 mins read
Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.
Lovable Raises $400 Million at $13.3 Billion Valuation
By
Emma Clarke
• 2 mins read
AI coding startup Lovable raised $400 million at a $13.3 billion valuation as its annual recurring revenue approaches $600 million.