AI News

Latest updates from the world of artificial intelligence

SPACEX · NASDAQ: SPCXLARGEST IPO IN HISTORY$1.75TTarget valuation · up to $75B raisedSurpassing Saudi Aramco's $35.4B record raiseJUN 4RoadshowJUN 11PricingJUN 12Trading · SPCXSource: SpaceX S-1 · CNBC
Companies

SpaceX Sets Terms for the Largest IPO Ever: ~$1.75T Valuation, Up to $75B, Trading June 12 as SPCX

SpaceX has locked in the schedule for what would be the biggest IPO in history: an investor roadshow opening June 4, pricing on June 11 and a Nasdaq debut on June 12 under the ticker SPCX, targeting a valuation around $1.75 trillion and a raise of up to $75 billion. That would dwarf Saudi Aramco's $35.4 billion record — and the prospectus is also where the AI world learned SpaceX is renting Anthropic $1.25 billion of compute a month.

SpaceX S-1 / CNBC

Read more →
AI SILICON · THE CHIP RACEMICROSOFT × ANTHROPIC4thSilicon vendor in Anthropic's stackif the Maia 200 talks with Microsoft closeStatus: early talks — nothing signed yetMICROSOFT SILICONMAIAMAIA 200216 GB HBM3e · TSMC 3 nm10+ PFLOPS FP4 · launched Jan 2026WHAT IT MEANSAlready on AWS, Google and Nvidia chipsMicrosoft holds a ~$5B stake in AnthropicSource: WSJ / CNBC
Companies

Anthropic in Talks to Run Claude on Microsoft's Maia 200, Adding a Fourth Silicon Vendor

Anthropic is in early-stage talks to rent Azure servers powered by Microsoft's homegrown Maia 200 accelerator, according to reports first surfaced on May 21. Nothing is signed, but if it closes, Anthropic would become the first major external customer for Microsoft's custom silicon — and would add a fourth chip platform on top of AWS Trainium, Google TPUs and Nvidia GPUs.

WSJ / CNBC

Read more →
TeamPCP Hackers Put 450 Mistral AI Repos and 5GB of Source Code Up for Sale at $25,000
Companies

TeamPCP Hackers Put 450 Mistral AI Repos and 5GB of Source Code Up for Sale at $25,000

The same supply chain crew that hit TanStack and rotated OpenAI’s code signing certificates is now auctioning what it says is nearly 450 internal Mistral AI repositories — training, fine-tuning, benchmarking, model delivery and inference code — with a one-week deadline before a free dump on hacker forums. Mistral confirms a breach, says its hosted services and user data were not touched.

BleepingComputer / TechRadar

Read more →
Japan's Megabanks Get Anthropic's Claude Mythos After US Treasury Brokers Sovereign Access
Companies

Japan's Megabanks Get Anthropic's Claude Mythos After US Treasury Brokers Sovereign Access

Finance Minister Satsuki Katayama said Friday that Japan will receive Mythos within two weeks — making it the first foreign government cleared for Anthropic's most capable vulnerability-finding AI.

Japan Today

Read more →
ANTHROPIC · JACK CLARK AT OXFORD · MAY 21, 2026 BITSMINDS 12 MONTHS AI-aided Nobel Prize "A question of months, not whether" — Jack Clark, co-founder, Anthropic 2 YEARS Bipedal robots assist tradespeople 18 MONTHS AI-run companies make millions END OF 2028 AI designs its own successors May 2026 Oxford lecture May 2027 Nobel-grade discovery Nov 2027 AI-only firms May 2028 Bipedal robots Dec 2028 Self-designing AI ⚠ "Non-zero chance of killing everyone" Source: Oxford Institute for Ethics in AI · Anthropic
Companies

Anthropic Co-Founder Jack Clark: AI Wins a Nobel Within a Year — And Could Still Kill Everyone

In an Oxford lecture on May 21, Anthropic co-founder Jack Clark predicted an AI-assisted Nobel within 12 months, bipedal robots in two years, and AI-run companies generating millions inside 18 — while warning the existential risk has not gone away.

Anthropic / Oxford Institute for Ethics in AI

Read more →
OpenAI Files Confidential S-1 With the SEC, Targeting a September IPO at Up to $1 Trillion
Companies

OpenAI Files Confidential S-1 With the SEC, Targeting a September IPO at Up to $1 Trillion

OpenAI quietly handed Goldman Sachs and Morgan Stanley a draft prospectus on May 22, setting up a Q4 listing at a valuation between $852 billion and $1 trillion — even as the company lost $1.22 for every dollar it earned in Q1.

Fortune

Read more →
Nvidia Splits Data Center Reporting Into Hyperscalers and a New ACIE Bucket to Calm Investor Nerves
Companies

Nvidia Splits Data Center Reporting Into Hyperscalers and a New ACIE Bucket to Calm Investor Nerves

Jensen Huang is separating Meta, Amazon, Google, Microsoft, and Oracle revenue from everything else — a reporting change that lets Nvidia show off 31% growth in the half of the business not tied to the $725B Big Tech capex boom.

Gizmodo

Read more →
Brett Adcock's AI Hardware Startup Hark Closes $700M Series A at a $6B Valuation
Companies

Brett Adcock's AI Hardware Startup Hark Closes $700M Series A at a $6B Valuation

The Figure.AI and Archer founder's third hard-tech company quietly raised one of the largest consumer AI Series A rounds ever, with Nvidia, AMD, Intel, and Qualcomm all on the cap table.

TechCrunch

Read more →
Anthropic Locks In $1.25B a Month on SpaceX's Colossus and Hits Profit Two Years Early
Companies

Anthropic Locks In $1.25B a Month on SpaceX's Colossus and Hits Profit Two Years Early

A $15B-a-year compute pact and a projected $10.9B Q2 revenue mark Anthropic first profitable quarter, two years ahead of plan.

Axios

Read more →
Jury Throws Out Elon Musk's Lawsuit Against OpenAI in Under Two Hours
Companies

Jury Throws Out Elon Musk's Lawsuit Against OpenAI in Under Two Hours

A nine-person California jury unanimously dismissed every claim in Musk vs. OpenAI on statute-of-limitations grounds — and the judge agreed, tossing the case that had hung over OpenAI for two years.

CNN Business

Read more →
SpaceX Lines Up a $60B Cursor Buyout for 30 Days After Its June 12 IPO
Companies

SpaceX Lines Up a $60B Cursor Buyout for 30 Days After Its June 12 IPO

Bloomberg reported on May 19 that SpaceX intends to close a $60 billion acquisition of AI coding startup Cursor approximately 30 days after its June 12 listing — with a $10 billion breakup fee on the table if the deal collapses.

Bloomberg

Read more →
OpenAI Co-Founder Andrej Karpathy Joins Anthropic to Use Claude on Claude
Companies

OpenAI Co-Founder Andrej Karpathy Joins Anthropic to Use Claude on Claude

Andrej Karpathy started at Anthropic this week, building a new team inside the pre-training group that will use Claude itself to speed up the most expensive phase of frontier model development.

TechCrunch

Read more →
Anthropic Buys Stainless for ~$300M, Pulling SDK Plumbing Out From Under OpenAI and Google
Companies

Anthropic Buys Stainless for ~$300M, Pulling SDK Plumbing Out From Under OpenAI and Google

Anthropic's first big tooling acquisition absorbs the dev-tools startup that quietly generated official SDKs for OpenAI, Google, Cloudflare, and Anthropic itself — and shuts the hosted product down.

TechCrunch

Read more →
Anthropic Eyes $30B at a $900B Valuation Just Months After Its Record Series G
Companies

Anthropic Eyes $30B at a $900B Valuation Just Months After Its Record Series G

The Claude maker is in talks to nearly triple its February valuation as annualized revenue hits $14B and Claude Code alone clears $2.5B.

Bloomberg

Read more →
Decart Raises $300M With NVIDIA Backing for Real-Time World Models on Amazon's AI Chips
Companies

Decart Raises $300M With NVIDIA Backing for Real-Time World Models on Amazon's AI Chips

Israeli world-model startup Decart closed a $300M Series B at a $4B valuation, with NVIDIA, Radical Ventures, and angels including Andrej Karpathy and Michael Eisner backing its push into real-time interactive video.

SiliconANGLE

Read more →
PwC Bets the Office of the CFO on Claude, Pledges to Certify 30,000 on Anthropic Tools
Companies

PwC Bets the Office of the CFO on Claude, Pledges to Certify 30,000 on Anthropic Tools

PwC stands up a Claude-native finance business unit and a joint Center of Excellence with Anthropic, rolling Cowork and Claude Code to its global workforce.

Anthropic

Read more →
Mistral Builds Cybersecurity AI for European Banks Cut Off From Anthropic's Mythos
Companies

Mistral Builds Cybersecurity AI for European Banks Cut Off From Anthropic's Mythos

Locked out of Anthropic's limited-access Mythos cyber model, European lenders are talking with Mistral about an on-premises alternative — and OpenAI is circling the same gap.

PYMNTS

Read more →
Runway Hits $5.3B Valuation as the Filmmaker AI Pivots to World Models to Take On Google
Companies

Runway Hits $5.3B Valuation as the Filmmaker AI Pivots to World Models to Take On Google

Once known for plugging into Hollywood production pipelines, Runway is now spending its $860 million of total funding on world models — systems that simulate reality from observed video — and squaring off directly against Google Veo and Genie.

TechCrunch

Read more →
Richard Socher’s Recursive Superintelligence Exits Stealth With $650M to Build AI That Improves Itself
Companies

Richard Socher’s Recursive Superintelligence Exits Stealth With $650M to Build AI That Improves Itself

Backed by GV, Greycroft, Nvidia, and AMD at a $4.65B valuation, the Socher–Rocktäschel lab is betting recursive self-improvement is the fastest path to superintelligence.

SiliconANGLE

Read more →
Anthropic Locks In $30B at a $900B Valuation, Leapfrogging OpenAI in Three Months
Companies

Anthropic Locks In $30B at a $900B Valuation, Leapfrogging OpenAI in Three Months

Dragoneer, Greenoaks, Sequoia, and Altimeter are co-leading a $30 billion round that nearly triples Anthropic's valuation in 90 days as annualized revenue races past $45 billion.

Financial Times

Read more →
Anduril Hits $61B as Thrive and a16z Lead Record $5B Series H for Autonomous Defense
Companies

Anduril Hits $61B as Thrive and a16z Lead Record $5B Series H for Autonomous Defense

Palmer Luckey's defense tech firm doubled its valuation in less than a year, capping a defense funding surge that has poured nearly $13.6 billion into the sector since January.

TechCrunch

Read more →
OpenAI Spins Out a $4B Deployment Company With TPG and Buys Tomoro for Its Forward-Deployed Engineers
Companies

OpenAI Spins Out a $4B Deployment Company With TPG and Buys Tomoro for Its Forward-Deployed Engineers

OpenAI has carved out a majority-owned subsidiary, the OpenAI Deployment Company, seeded with $4 billion from a consortium led by TPG and valued at $10 billion at launch — and is acquiring London-based consultancy Tomoro to give it 150 forward-deployed engineers from day one.

OpenAI

Read more →
Isomorphic Labs Raises $2.1B Series B to Industrialize Its AI Drug Design Engine
Companies

Isomorphic Labs Raises $2.1B Series B to Industrialize Its AI Drug Design Engine

Demis Hassabis's Alphabet-backed drug discovery spinout has closed a $2.1 billion Series B led by Thrive Capital, with new money from MGX, Temasek, CapitalG and the UK Sovereign AI Fund — capital it says will push its IsoDDE platform from research curiosity to clinical pipeline.

Isomorphic Labs

Read more →
OpenAI and Microsoft Cap Revenue-Sharing at $38 Billion, Clearing the Runway to an IPO
Companies

OpenAI and Microsoft Cap Revenue-Sharing at $38 Billion, Clearing the Runway to an IPO

OpenAI and Microsoft have agreed to cap the AI lab's revenue-sharing payments at $38 billion through 2030, according to The Information — a renegotiation that could save OpenAI tens of billions of dollars and clear a long-standing obstacle to a potential public listing later this year.

Business Today

Read more →
Snap and Perplexity Quietly Kill Their $400M AI Search Deal Before It Ever Shipped
Companies

Snap and Perplexity Quietly Kill Their $400M AI Search Deal Before It Ever Shipped

The cash-and-equity partnership that was supposed to put a Perplexity-powered chatbot inside Snapchat collapsed in Q1, and Snap is now guiding 2026 with zero contribution from the deal.

TechCrunch

Read more →
Sereact Raises $110M Series B to Scale 'Robot Brain' VLAMs Across BMW, Daimler, and US Logistics
Companies

Sereact Raises $110M Series B to Scale 'Robot Brain' VLAMs Across BMW, Daimler, and US Logistics

German robotics startup Sereact closed a $110M Series B led by Headline to scale its vision-language-action models — already running in BMW, Daimler Truck, and Mercedes plants — and to push into the US warehouse market.

TNW

Read more →
Anthropic Unveils Project Glasswing, Hands Claude Mythos Preview to Apple, AWS, JPMorgan to Find Zero-Days
Companies

Anthropic Unveils Project Glasswing, Hands Claude Mythos Preview to Apple, AWS, JPMorgan to Find Zero-Days

Anthropic's restricted Project Glasswing gives 12 launch partners early access to Claude Mythos Preview — a frontier model that already uncovered a 27-year-old OpenBSD bug and thousands of zero-days across every major OS and browser.

Anthropic

Read more →
Nvidia's AI Equity Bets Cross $40 Billion in 2026, Anchored by a $30B OpenAI Stake
Companies

Nvidia's AI Equity Bets Cross $40 Billion in 2026, Anchored by a $30B OpenAI Stake

Nvidia has now committed more than $40 billion to AI equity deals this year, including $30B in OpenAI, $3.2B in Corning for optical interconnect plants, and $2.1B in data-center operator IREN.

CNBC

Read more →
Code with Claude 2026: Anthropic Reveals 'Dreaming' Agents, Routines, and a Rebuilt Claude Code
Companies

Code with Claude 2026: Anthropic Reveals 'Dreaming' Agents, Routines, and a Rebuilt Claude Code

At its second annual developer conference, Anthropic unveiled a stack of agentic features — overnight self-improving 'dreaming' agents, scheduled Routines, multi-agent orchestration, automated Code Review and CI auto-fix — alongside doubled Claude Code rate limits.

Simon Willison's Live Blog

Read more →
Anthropic Hits $30B Revenue Run Rate, Pulls Ahead of OpenAI After 'Crazy' 80x Year
Companies

Anthropic Hits $30B Revenue Run Rate, Pulls Ahead of OpenAI After 'Crazy' 80x Year

Anthropic's annualized revenue tripled to $30 billion in the first four months of 2026, eclipsing OpenAI's disclosed $24 billion run rate as enterprise demand for Claude Mythos and the new managed agents pulled forward years of forecast growth.

Sherwood News

Read more →
Anthropic Taps SpaceX's Colossus 1 for 220,000 GPUs and Eyes Orbital Compute
Companies

Anthropic Taps SpaceX's Colossus 1 for 220,000 GPUs and Eyes Orbital Compute

Anthropic has secured the entire compute capacity of SpaceX's Colossus 1 data center in Memphis — over 300 megawatts and 220,000 NVIDIA GPUs — and the two companies are exploring multiple gigawatts of orbital AI compute.

Anthropic

Read more →
Anthropic Commits $200B to Google for TPUs and Cloud in Five-Year Mega-Deal
Companies

Anthropic Commits $200B to Google for TPUs and Cloud in Five-Year Mega-Deal

Anthropic has reportedly agreed to spend $200 billion with Google over five years on TPUs and cloud capacity, accounting for more than 40% of Google's disclosed revenue backlog and briefly pushing Alphabet past Nvidia in market value.

Engadget

Read more →
SAP Acquires Tabular AI Pioneer Prior Labs, Pledges €1B+ to Build European Frontier Lab
Companies

SAP Acquires Tabular AI Pioneer Prior Labs, Pledges €1B+ to Build European Frontier Lab

SAP is buying Prior Labs and pledging more than €1B over four years to spin up a Freiburg-based frontier lab for Tabular Foundation Models, AI built for structured business data.

SAP News

Read more →
Anthropic Eyes $50B Raise at $900B Valuation, Likely Last Private Round Before IPO
Companies

Anthropic Eyes $50B Raise at $900B Valuation, Likely Last Private Round Before IPO

Anthropic is lining up a $50B round at a roughly $900B valuation, more than doubling its February mark and leapfrogging OpenAI ahead of a possible October IPO.

TechCrunch

Read more →
Novo Nordisk and OpenAI Partner to Speed Drug Discovery and Manufacturing
Companies

Novo Nordisk and OpenAI Partner to Speed Drug Discovery and Manufacturing

Danish pharmaceutical giant Novo Nordisk has signed a strategic partnership with OpenAI to deploy AI across drug discovery, clinical trials, manufacturing, and corporate operations, with full integration planned by the end of 2026.

Novo Nordisk

Read more →
KKR Backs $10B Helix Digital Infrastructure to Build AI's Physical Backbone
Companies

KKR Backs $10B Helix Digital Infrastructure to Build AI's Physical Backbone

Private equity giant KKR has secured more than $10 billion to launch Helix Digital Infrastructure, a new full-stack AI infrastructure company led by former AWS CEO Adam Selipsky.

TechStartups

Read more →
Sierra Hits $15.8B Valuation in $950M Round as Bret Taylor Races to Lock Up Enterprise AI
Companies

Sierra Hits $15.8B Valuation in $950M Round as Bret Taylor Races to Lock Up Enterprise AI

OpenAI chair Bret Taylor's customer-experience agent startup banks $950M led by Tiger Global and GV, doubling its valuation in six months as it claims more than 40% of the Fortune 50.

TechCrunch

Read more →
Meta Acquires Assured Robot Intelligence to Fast-Track Humanoid Robotics Push
Companies

Meta Acquires Assured Robot Intelligence to Fast-Track Humanoid Robotics Push

Meta has bought robotics-AI startup Assured Robot Intelligence, founded by Lerrel Pinto and Xiaolong Wang, folding the team into Superintelligence Labs to build foundation models for humanoid machines.

TechCrunch

Read more →
Cohere Acquires Aleph Alpha to Forge $20B Transatlantic Sovereign AI Powerhouse
Companies

Cohere Acquires Aleph Alpha to Forge $20B Transatlantic Sovereign AI Powerhouse

Toronto-based Cohere is absorbing Germany’s Aleph Alpha in a $20B combination backed by a $600M check from Schwarz Group, pitched as a sovereign AI alternative to U.S. hyperscalers and blessed by both governments.

TechCrunch

Read more →
Recursive Superintelligence Banks $500M From GV and Nvidia at $4B Valuation, Four Months In
Companies

Recursive Superintelligence Banks $500M From GV and Nvidia at $4B Valuation, Four Months In

A four-month-old AI lab founded by ex-DeepMind, OpenAI, and Salesforce researchers is targeting fully self-improving frontier AI — and has already pulled in oversubscribed funding from Google's venture arm and Nvidia.

The Decoder

Read more →
AlphaZero Creator David Silver Raises Record $1.1B Seed for Ineffable Intelligence
Companies

AlphaZero Creator David Silver Raises Record $1.1B Seed for Ineffable Intelligence

The DeepMind veteran behind AlphaGo and AlphaZero has emerged from stealth with the largest seed round in European history, backed by Sequoia, Lightspeed, Nvidia, and Google to chase superintelligence through pure reinforcement learning.

CNBC

Read more →
Anthropic in Talks With UK Chip Startup Fractile to Diversify Beyond Nvidia
Companies

Anthropic in Talks With UK Chip Startup Fractile to Diversify Beyond Nvidia

A new report says Anthropic is in early discussions to buy specialized inference silicon from UK-based Fractile when it ships in 2027, joining a broader push to ease its dependence on Nvidia and AWS.

The Information

Read more →
Parag Agrawal's Parallel Web Systems Hits $2B Valuation in $100M Series B Led by Sequoia
Companies

Parag Agrawal's Parallel Web Systems Hits $2B Valuation in $100M Series B Led by Sequoia

The web-search-for-agents startup founded by the former Twitter CEO closed a $100 million Series B at a $2 billion valuation just five months after its Series A — a near tripling of its price tag as Clay, Harvey, Notion, and Opendoor pile in as customers.

TechCrunch

Read more →
Google Unveils TPU 8t and 8i: Two Chips Built for the Agentic Era
Companies

Google Unveils TPU 8t and 8i: Two Chips Built for the Agentic Era

Google split its eighth-generation TPU into a training giant and an inference workhorse, paired with a 134,000-chip Virgo Network fabric aimed squarely at agentic AI.

Google

Read more →
Netomi Banks $110M Series C to Push Agentic AI Deeper Into Customer Service
Companies

Netomi Banks $110M Series C to Push Agentic AI Deeper Into Customer Service

Accenture Ventures led a $110 million round in Netomi as the agentic AI platform expands deployments at Delta, United, Paramount Skydance, the NBA and DraftKings.

SiliconANGLE

Read more →
Anthropic Eyes $900B Valuation in $50B Round That Would Top OpenAI
Companies

Anthropic Eyes $900B Valuation in $50B Round That Would Top OpenAI

Anthropic is fielding preemptive offers for up to $50 billion in new funding at a valuation between $850 billion and $900 billion, with a board decision expected in May.

TechCrunch

Read more →
Rogo Raises $160M to Build the AI Operating System for Wall Street
Companies

Rogo Raises $160M to Build the AI Operating System for Wall Street

Rogo closed a $160M Series D led by Kleiner Perkins to scale Felix, its agentic AI for investment banking, now used by 35,000 professionals across top banks and private equity firms.

TechFundingNews

Read more →
Firestorm Labs Raises $82M to Put 3D-Printed Drone Factories Inside Shipping Containers
Companies

Firestorm Labs Raises $82M to Put 3D-Printed Drone Factories Inside Shipping Containers

The San Diego defense startup wants to bring drone manufacturing to the front lines, packing HP Multi Jet Fusion 3D printers into 20-foot containers that can produce a flyable airframe in under 24 hours.

TechCrunch

Read more →
Manifest Lands Record $60M Series A to Build the First AI-Native Law Firm
Companies

Manifest Lands Record $60M Series A to Build the First AI-Native Law Firm

The legal-AI startup raised the largest Series A in legal tech history at a $750 million valuation, betting on a model that replaces billable hours with AI-supervised attorneys under a single brand.

PYMNTS

Read more →
Devin Maker Cognition in Talks to More Than Double Valuation to $25 Billion
Companies

Devin Maker Cognition in Talks to More Than Double Valuation to $25 Billion

The startup behind autonomous AI software engineer Devin is negotiating a new round at a $25B valuation, up from $10.2B in September, as enterprise demand for agentic coding accelerates.

Bloomberg

Read more →
OpenAI and Microsoft Settle Cloud Dispute, Clearing the Way for $50B Amazon Pact
Companies

OpenAI and Microsoft Settle Cloud Dispute, Clearing the Way for $50B Amazon Pact

A renegotiated agreement ends Microsoft's exclusive grip on OpenAI's products through 2032, lets OpenAI ship to AWS, and removes the legal cloud hanging over its $50 billion Amazon deal.

TechCrunch

Read more →
Ex-DeepMind Star David Silver Raises Record $1.1B Seed to Build AI That Learns Without Human Data
Companies

Ex-DeepMind Star David Silver Raises Record $1.1B Seed to Build AI That Learns Without Human Data

Ineffable Intelligence, founded by AlphaZero architect David Silver, has closed Europe's largest-ever seed round at a $5.1B valuation to pursue a reinforcement-learning superlearner.

TechCrunch

Read more →
Google Deepens Ties With Mira Murati's Thinking Machines in New Multi-Billion-Dollar Deal
Companies

Google Deepens Ties With Mira Murati's Thinking Machines in New Multi-Billion-Dollar Deal

Google Cloud locks in another fast-rising frontier lab with a single-digit-billion-dollar agreement covering Nvidia GB300 GPUs and reinforcement-learning workloads.

TechCrunch

Read more →
Google to Invest Up to $40 Billion in Anthropic, Doubling Down on Claude
Companies

Google to Invest Up to $40 Billion in Anthropic, Doubling Down on Claude

Google commits $10 billion now and up to $30 billion more in milestone-based funding, on top of a five-gigawatt cloud compute deal — its biggest bet yet on Anthropic.

TechCrunch

Read more →
Anthropic Hits $1 Trillion Implied Valuation on Secondary Markets, Surpassing OpenAI
Companies

Anthropic Hits $1 Trillion Implied Valuation on Secondary Markets, Surpassing OpenAI

Anthropic's implied valuation on secondary markets has reached $1 trillion — overtaking OpenAI on Forge Global — fueled by 233% revenue growth in a single quarter driven by Claude Code adoption.

Tech Funding News

Read more →
Jeff Bezos Closes In on $10 Billion for Project Prometheus, His Physical AI Lab
Companies

Jeff Bezos Closes In on $10 Billion for Project Prometheus, His Physical AI Lab

Jeff Bezos and co-CEO Vikram Bajaj are finalizing a $10 billion funding round for Project Prometheus at a $38 billion valuation — a lab training AI on real-world physics, engineering, and robotics data.

Bloomberg / The Decoder

Read more →
Amazon Invests Up to $25 Billion in Anthropic in Landmark $100 Billion AWS Partnership
Companies

Amazon Invests Up to $25 Billion in Anthropic in Landmark $100 Billion AWS Partnership

Amazon deepens its AI bet with a new $25 billion stake in Anthropic and a $100 billion AWS cloud commitment — mirroring an identical deal it struck with OpenAI just two months prior.

GeekWire

Read more →
SpaceX Acquires xAI in History's Largest Merger at $1.25 Trillion
Companies

SpaceX Acquires xAI in History's Largest Merger at $1.25 Trillion

Elon Musk merged SpaceX and xAI in February 2026, creating a $1.25-trillion combined entity with plans to build orbital data centers powered by Starlink satellite infrastructure — the largest acquisition in corporate history.

TechCrunch

Read more →
OpenAI Closes $122 Billion Round at $852 Billion Valuation, Setting Silicon Valley Record
Companies

OpenAI Closes $122 Billion Round at $852 Billion Valuation, Setting Silicon Valley Record

OpenAI has closed the largest private financing deal in Silicon Valley history, raising $122 billion at an $852 billion valuation anchored by Amazon, Nvidia, and SoftBank as the company prepares for its anticipated IPO.

Bloomberg

Read more →
OpenAI Closes Historic $122 Billion Funding Round at $852 Billion Valuation
Companies

OpenAI Closes Historic $122 Billion Funding Round at $852 Billion Valuation

OpenAI has completed the largest private funding round in history, raising $122 billion at an $852 billion valuation, with Amazon, Nvidia, and SoftBank among the lead investors.

TechCrunch

Read more →
ElevenLabs Raises $80M and Launches Dubbing Studio
Companies

ElevenLabs Raises $80M and Launches Dubbing Studio

ElevenLabs closes a funding round and launches an automatic dubbing tool supporting 29 languages.

TechCrunch

Read more →
Apple Acquires Cursor for $2 Billion
Companies

Apple Acquires Cursor for $2 Billion

Apple acquires Cursor, the AI-powered IDE, aiming to integrate deep AI capabilities into Xcode and its developer tools.

Bloomberg

Read more →