Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.
Skild AI raised nearly $1.4 billion to advance a unified foundation model designed to control multiple types of robots. The funding values the company at more than $14 billion.
AI-native biotech Proxima raised $80 million in an oversubscribed seed round to develop proximity-based therapeutics. The funding supports AI-driven discovery for previously “undruggable” targets across oncology and immunology.
French defense technology startup Harmattan AI raised a $200 million Series B led by Dassault Aviation, lifting its valuation to $1.4 billion. The funding deepens a partnership focused on embedded AI for military aircraft and drones.
China-based AI startup MiniMax raised $620 million in its Hong Kong IPO, with shares doubling on the first day. The company develops large language models and AI applications for global users.
Elon Musk’s AI startup xAI posted a $1.46 billion net loss for Q3 2025, up from $1 billion in the prior quarter, while revenue nearly doubled to $107 million.
Andreessen Horowitz (a16z) raised over $15 billion across five new funds, including $1.7 billion for AI infrastructure and $6.75 billion for scaling startups, amid surging investor interest in tech.
Snowflake agreed to acquire observability platform Observe to strengthen telemetry monitoring and AI-scale data operations. The deal would mark Snowflake’s largest acquisition to date.
AI commerce startup Spangle raised $15 million in a Series A, valuing the company at $100 million. Its software delivers real-time, personalized shopping experiences for retailers using AI-generated recommendations.
Anthropic is preparing to raise $10 billion at a $350 billion valuation, nearly doubling its recent value. Major backers include GIC, Coatue, Microsoft, and Nvidia, supporting cloud expansion and AI model development.
Chinese regulators are assessing whether Meta’s acquisition of AI startup Manus violated technology export control rules. The review could affect how cross-border AI deals involving Chinese-developed technology are approved.
Enterprise AI firm Articul8 secured more than half of a planned $70 million Series B round at a $500 million pre-money valuation. The company is targeting regulated industries with specialized AI systems deployed inside customer environments.
Zing Coach is an AI-powered fitness app that delivers adaptive, personalized workouts. The Belarus-rooted startup has partnered with Paris Saint-Germain to bring elite-inspired training to a global fan base.
xAI closed a $20 billion Series E round, exceeding its original target and adding strategic backing from NVIDIA and Cisco. The funding supports expanded data center capacity, large-scale GPU deployment, and continued development of the Grok model family.
Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.