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Moonshot in Settlement Talks Before Its IPO: A Claim Above $700 Million Dating to a Spin-Out
Two Moonshot executives are in settlement talks with shareholder Recurrent over a claim above $700 million, Re…
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Moonshot Executives Reported in Settlement Talks With Shareholder, Claim Tops $700 Million
Moonshot executives are in settlement talks with shareholder Recurrent over a claim topping $700 million, Reut…
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Amazon in Talks to Buy AI Startup Decart in Deal Valued Around $7 Billion
Amazon is reportedly in talks to buy Decart for around $7 billion. Why it matters: a deal at that price would …
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GSK Expands Chai Deal After Wet-Lab Validation of AI Designs
GSK expands its collaboration with Chai Discovery: designs the AI models generated zero-shot produced binders …
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Cloudflare Acquires Deno: Deploy Shuts Down in Six Months
Cloudflare is acquiring Deno, whose team joins the Workers business; Deno Deploy shuts down in six months and …
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Nuvacore Seeks Raise at About $2.5B Valuation, Six Months After Founding
Reuters reports that six-month-old chip startup Nuvacore is raising hundreds of millions of dollars at a rough…
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Nvidia in Talks to Deepen Investment in Reflection AI or Acquire It
Per Reuters, citing the Financial Times: Nvidia is in talks to invest further in Reflection AI or buy it; the …
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TypeSafe Raises $870M Series A at $7.5B for Non-Text AI Model Jev
TechCrunch, Oct 9 (ET): TypeSafe AI announced an $870M Series A at a $7.5B valuation, led by a16z with Sequoia…
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Arena Raises $200M Series B at $3.1B Valuation
Arena closed a $200M Series B at a $3.1B valuation, with ARR already above $100M. Why it matters: Arena's annu…
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Vesta Raises $30M for AI Mortgage Software, Revenue Up 12x
Vesta raised $30M: agent swarms automating mortgage origination, with some lenders already using its agents fo…
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Nvidia-Backed Firmus Withdraws $31B IPO That Would Have Been Australia's Biggest in Nearly 30 Years
Nvidia-backed Australian AI data center operator Firmus withdrew its $31B IPO on the day its prospectus was du…
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OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
FT, midday ET Oct 8: OpenAI told investors its annualized revenue was "approaching $50 billion" at end-Septemb…
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Nvidia-Backed Upscale AI Launches Token Fabric for Cross-Vendor AI Chip Networking
Upscale AI launched Token Fabric, a data-center networking platform letting customers mix AI chips from rival …
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Isomorphic Labs in Talks at a $40–50B Valuation; No Drug Yet in Human Trials
Bloomberg (Oct 8): Isomorphic Labs — Alphabet's AI drug-discovery spinout of Google DeepMind (2021), led by 20…
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Sequoia Leads $60M Series B for Robot-Data Startup Mecka AI
Mecka AI raised a $60M Series B led by Sequoia, with Nvidia and Microsoft's M12 participating; it pays people …
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Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
Broadcom is arranging $50B+ in financing for OpenAI's custom chips (Apollo, Blackstone in talks); Oracle is ne…
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Tencent Mulls $5B Offshore Bond Sale to Fund AI Push
Tencent is mulling an offshore bond sale of up to $5 billion (USD and offshore yuan) to fund its AI and infras…
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Manus Parent Raises Over $500M, Operating Independently After Meta Deal Was Blocked
Manus parent Butterfly Effect raised over $500M co-led by Boyu Capital and IDG Capital, six months after Beiji…
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Stuut Raises $52.5M Series B to Automate Order-to-Cash
Stuut raised a $52.5M Series B led by Insight Partners (a16z, M12 joining) for AI agents that run enterprise o…
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Healthleap Raises $38M for AI That Flags At-Risk Hospital Patients
Healthleap raised $38M (Sequoia, First Round, Hummingbird) for an AI platform that reads inpatient records to …
