Tether Invests in AIsa to Let AI Agents Pay for Data and Services
Tether has invested in AIsa, which combines AI-agent access to data, models and APIs with usage-based payments in fiat or stablecoins.
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Anthropic to Share Q3 Financials Ahead of Potential $2 Trillion IPO
Anthropic will share Q3 results with investors as it weighs a potential $2 trillion IPO. Revenue definitions and compute costs will be central to the pitch.
Anthropic to Share Q3 Financials at October 14 Investor Day
Anthropic plans to share Q3 financials privately with institutional investors on October 14 ahead of a potential IPO, CNBC reports.
OpenAI Targets $70 Billion Annualized Revenue by End of 2026
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OpenAI expects its revenue run rate to reach $70 billion by year-end, up from roughly $50 billion in September, Bloomberg reports.
Manus Raises Over $500 Million After Meta Split
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Manus raises more than $500 million in its first funding round since separating from Meta, with Boyu Capital and IDG Capital leading the financing.
DeepSeek Nears $12 Billion Funding Round Backed by Tencent and CATL
By
Daniel Mercer
• 1 min read
DeepSeek is reportedly nearing a $12 billion funding round backed by Tencent and CATL, exceeding its initial target ahead of a planned IPO.
Moonshot AI Eyes Hong Kong IPO After $50 Billion Valuation
By
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Moonshot AI reportedly targets a Hong Kong IPO in early 2027 that could raise up to $5 billion after its latest private funding round.
Volantis Raises $88 Million to Tackle AI Memory Bottlenecks
By
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Volantis is developing photonic links between processors and memory, with its first customer systems planned for 2027.
Armadin Raises $255.5 Million for Autonomous AI Security
By
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Armadin secures new funding to expand its AI security platform, lifting its valuation above $2.5 billion.
Anthropic IPO Filing Warns Its Own AI Could Pose Existential Risks
By
Samantha Reed
• 4 mins read
Anthropic’s confidential IPO prospectus, which could value the company above $2 trillion, warns investors its AI could pose catastrophic or existential risks alongside a $42 billion 2025 net loss.
Nvidia Adds $150B to Buyback Program in Record Authorization Boost
By
Daniel Mercer
• 2 mins read
Nvidia has authorized an additional $150 billion in share repurchases, bringing its total buyback capacity to $235 billion, the largest single authorization increase in U.S. history.
Spotify Founder’s AI Body Scan Startup Opens Its First US Clinic in New York
By
Samantha Reed
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Neko Health, the AI powered body scanning startup cofounded by Daniel Ek, opened its first US clinic in New York, backed by a $700 million Series C round.
Mistral AI Raises €3B Series D at $24B Valuation Led by Samsung
By
Samantha Reed
• 2 mins read
French AI startup Mistral AI has closed a €3 billion Series D round at a valuation of approximately $24 billion, the largest equity fundraise by a privately held European technology company.
AfterQuery Becomes Y Combinator’s Fastest-Ever Unicorn at $3.2B
By
Samantha Reed
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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.
Nvidia Reportedly Agrees to Buy Hugging Face for $12.9 Billion
By
Samantha Reed
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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.