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1. OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%

   

   …aised $122 billion in a March funding round; leaked 2025 financials earlier this year showed about $13 billion…

   Stories·Oct 9

2. Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt

   

   …ould likely involve investors funding a separate company that buys the chips and leases them to Oracle over ti…

   Flash·Oct 8

3. Nous Research Raises $90M Series B at $1.5B Valuation

   

   …Trump Jr. as a partner. Total funding is now about $158M. CEO Dillon Rolnick said businesses should have "a le…

   Flash·Oct 7

4. Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer

   

   …Coatue Management — its final funding round before a planned 2027 IPO. A letter to limited partners puts its b…

   Stories·Oct 7

5. Nvidia-Backed Reflection Debuts Beam, Its First Open-Weight Frontier Model: 501B Params, 23B Active

   

   …ghts aren't downloadable yet. Funding and compute Reflection has raised roughly $4.7B (Nvidia, Sequoia, Lights…

   Stories·Oct 6