AfterQuery Becomes Y Combinator’s Fastest-Ever Unicorn at $3.2B
AI training-data startup AfterQuery reportedly hit a $3.2 billion valuation, a tenfold jump in five months, becoming Y Combinator's fastest company ever to reach unicorn status.
Startups & Investment
Coverage of funding rounds, IPOs, mergers and acquisitions shaping the next wave of tech companies. Discover how venture capital, private equity and corporate investors identify opportunities, back innovators and influence market dynamics. This category offers a window into the business side of emerging technology and entrepreneurship.
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Nvidia Reportedly Agrees to Buy Hugging Face for $12.9 Billion
Nvidia has reportedly agreed to acquire open-source AI platform Hugging Face for $12.9 billion, though no signed deal is confirmed and talks could still fall apart.
Nvidia in Talks to Back Perplexity at $30 Billion Valuation
Nvidia is in talks to invest in Perplexity at a valuation above $30 billion, a 50% jump from a year ago, as the AI search startup's...
Hugging Face Explores a Sale That Could Value It at $13 Billion
Hugging Face is reportedly exploring a sale valuing it at $13 billion or more, nearly triple its 2023 valuation, though no deal has been reached and...
Nvidia in Talks to Back Data Startup Mercor at $20 Billion
Nvidia has discussed investing in Mercor, a data-labeling startup that supplies expert data for its Nemotron models, in a round that would double the company's valuation...
Anthropic’s Revenue Run Rate Hits $65 Billion Ahead of IPO
Anthropic's annualized revenue run rate reached $65 billion at the end of July, a sevenfold jump in seven months, as the Claude maker prepares for a...
Higgsfield Raises $400 Million, Quadrupling Its Value to $5.4 Billion
AI video startup Higgsfield raised a $400 million Series B at a $5.4 billion valuation, more than quadrupling its worth in eight months as it pushes...
Anthropic Investors Eye a Record $2 Trillion IPO Valuation
Investors expect Anthropic to target a valuation of $2 trillion or more in an October IPO, which would be the largest listing in history, driven by...
Manus to Go Independent Again as Meta Deal Unwinds
Manus said it will soon resume operating as an independent company, confirming the unwind of Meta's $2 billion purchase after Beijing ordered the deal reversed.
Anthropic Meets Investors Ahead of September IPO at $965B Valuation
Anthropic is meeting with potential investors ahead of a targeted September or early October IPO that could become the largest public offering in history, with the...