News
What's happening in the industry? (15)
We follow AI, search and digital marketing news and add our own reading.
Crusoe raises $3.9 billion at a $30.9 billion valuation
AI infrastructure company Crusoe closed its Series F. Its valuation rose from $10 billion to $30.9 billion in about a year.
Read News · Funding 1 min readAnthropic heads for a second straight profitable quarter
Anthropic told investors its adjusted operating income will be positive for a second straight quarter. Second-quarter revenue was $11.5 billion.
Read News · Funding 1 min readAltman says OpenAI will not go public in 2026
Sam Altman said safety concerns make this the wrong moment for an IPO. OpenAI had reportedly filed confidentially earlier this year.
Read News · Funding 1 min readMistral raises €3 billion at a valuation above €21 billion
French AI company Mistral announced its Series D on September 8, co-led by Samsung Electronics, the EQT-managed Scaleup Europe Fund and PSG Equity.
Read News · Funding 1 min reada16z raises a $1.1 billion fund for the physical side of AI
Andreessen Horowitz's Machine Age Fund will back hardware, from chips, memory, networking and storage up to data centers, robotics and home AI devices.
Read News · Funding 1 min readAI agent Instinct, built by a 23-year-old, hits $2.5 billion
Instinct, which works through a user's apps, texts and calls, raised $250 million. Its broad permissions drew criticism.
Read News · Funding 1 min readSalesforce's Agentforce passes $1.5 billion in ARR
Agentforce ARR grew more than 240% in a year, while Salesforce as a whole grew 11%.
Read News · Funding 1 min readStability AI raises $76 million, backed by major music groups
The $76 million Series B includes Universal, Sony and Warner's music groups, Electronic Arts and AMD Ventures.
Read News · Funding 1 min readFinance AI makers Moss and Rillet both become unicorns
Berlin-based Moss raised €30 million for finance agents, and Rillet, which builds an AI-native ERP, closed a $100 million round.
Read News · Funding 1 min readOpenAI's CFO says the company will go public in 2027
Sarah Friar told employees OpenAI will be a public company in 2027, or sooner if the business keeps accelerating. Earlier reports had pointed to September 2026.
Read News · Funding 1 min readStripe agrees to buy OpenRouter, the gateway to 400+ models
Reports put the price above $7 billion. OpenRouter raised money at a reported $1.3 billion valuation only months earlier.
Read News · Funding 1 min readWispr raises $280 million at a $2 billion valuation
The Menlo Ventures-led round values Wispr at $2 billion. The company also previewed Canto, its own speech recognition model.
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