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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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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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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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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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Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer
WSJ first reported Oct 6 (Reuters/TechCrunch followed): Nvidia-backed AI compute cloud Lambda is raising up to…
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Etched Fields $40–50B Funding Bids: No Shipped Chips at Scale, Valuation Doubles in Three Months
TechCrunch first reported Oct 5: AI inference-chip startup Etched is fielding $40–50B funding bids, after a $7…
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SignSplit Emerges From Stealth: $400M Strategic Seed at $1B Valuation, Selling “Signed Data”
Via PR Newswire on October 5: SignSplit PBC has emerged from stealth with a $400M strategic seed round from W …
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Mistral Debuts “Le Chonk”: Open-Weight Large 4 in Public Preview, Weights Drop Oct 27
Per the Wall Street Journal on October 6: Mistral on Tuesday opened a public preview of the open-weight Large …
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OpenAI in Talks for $30B Round at $1.4T Valuation, With UAE Funds and BlackRock Circling
Per Bloomberg on the evening of October 5: OpenAI is in talks with multiple UAE funds including Abu Dhabi-base…
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DeepSeek Nears $12B Funding Round with Tencent and CATL, Doubling Its Original Target
Per Bloomberg on October 6 (via Reuters), DeepSeek is close to securing at least 80 billion yuan (~$12 billion…
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Moonshot AI Closes Final Private Round at ~$50B, Eyes $5B Hong Kong IPO in Q1 2027
Per Bloomberg on October 6, Moonshot AI has closed its final private fundraising round at about $50 billion an…
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Utah Approves Nolla Health's AI to Write First-Time Prescriptions: A U.S. First, $4.99/mo
On October 5, Nolla Health announced Utah regulatory clearance for its AI to issue "initial prescriptions" — n…
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Nvidia-Backed Reflection Debuts Beam, Its First Open-Weight Frontier Model: 501B Params, 23B Active
On October 5, US startup Reflection AI launched Beam, its first frontier open-weight model: a text-only MoE wi…
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Broadcom Reportedly to Provide Anthropic Up to $42B in Financing to Rent Broadcom Chips
Per Reuters' Oct 1 exclusive, Broadcom committed up to $42B in Anthropic's IPO filing — for leasing Broadcom's…
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OpenAI in Talks to Raise $30B at $1.4T Valuation: A Bridge Round After the IPO Delay
Per Bloomberg (9/29), OpenAI is in talks to raise at least $30B at a ~$1.4T valuation — a bridge round after t…
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AMD to Acquire Fei-Fei Li's World Labs for $8.2B; Li to Become Chief Scientist
AMD announced a definitive agreement to acquire spatial-intelligence startup World Labs, founded by Fei-Fei Li…
