Valuation

Twitter

Facebook

Copy Link

Top News

AI wealth boom sends San Francisco home prices surging 18% as OpenAI and Anthropic eye IPOs

San Francisco's housing market is experiencing a dramatic surge in home prices as employees at AI companies like OpenAI and Anthropic cash out shares ahead of impending IPOs. The median home price hit $2 million in March 2026, up 18% year-over-year, while evictions reach decade highs. The AI gold rush is creating a stark economic divide in the city.

Business2 sources

AI wealth boom sends San Francisco home prices surging 18% as OpenAI and Anthropic eye IPOs

Business2 sources

OpenAI vs Anthropic: Token pricing war erupts as AI costs test enterprise budgets

OpenAI is considering steep price cuts as AI costs spiral out of control across enterprises. Token usage has surged 500% at some companies, with one firm spending $500 million in a month. The move comes as Anthropic gains ground with Claude, forcing both companies to balance profitability against competitive pressure in an increasingly crowded market.

Business23 sources

OpenAI vs Anthropic: Token pricing war erupts as AI costs test enterprise budgets

Business23 sources

TensorWave raises $350M as AMD funds its Nvidia rival to break AI chip monopoly

Las Vegas-based TensorWave secured $350 million in Series B funding led by AMD and Magnetar Capital, quadrupling its valuation to $1.55 billion. The cloud provider runs AI data centers exclusively on AMD chips, positioning itself as an alternative to Nvidia's GPU dominance. The funding will expand TensorWave's compute capacity from 500 megawatts to two gigawatts within a year.

Startups3 sources

TensorWave raises $350M as AMD funds its Nvidia rival to break AI chip monopoly

Startups3 sources

Tether leads $1.4 billion NEURA Robotics funding with Nvidia and Amazon backing AI robotics

Tether has led a $1.4 billion funding round for German humanoid robotics firm NEURA Robotics, marking one of the largest private investments in the physical AI sector. Nvidia, Amazon, Qualcomm, and Bosch joined the round, which values NEURA at roughly $7 billion. The stablecoin issuer will integrate its wallet and edge AI technologies into NEURA's robotic platforms, enabling machines to execute autonomous payments and process AI models locally.

Startups2 sources

Tether leads $1.4 billion NEURA Robotics funding with Nvidia and Amazon backing AI robotics

Startups2 sources

NEURA Robotics Secures $1.4 Billion in Series C Funding from Nvidia, Amazon, and Tether

German robotics company NEURA Robotics has raised up to $1.4 billion in one of the largest humanoid robotics funding rounds ever, backed by Nvidia, Amazon, Tether, Qualcomm, and Bosch. The investment values the company at approximately $7 billion and will accelerate production to millions of robots by 2030 while expanding its cognitive robotics platform across industries.

Startups3 sources

NEURA Robotics Secures $1.4 Billion in Series C Funding from Nvidia, Amazon, and Tether

Startups3 sources

OpenAI backs Poetic's $50M round to automate high-stakes financial underwriting and compliance

Poetic emerges from stealth with $50M in funding and a $500M valuation, backed by OpenAI, Founders Fund, and Kleiner Perkins. The AI startup claims 100% accuracy in fraud detection and promises to automate insurance underwriting and compliance processes for major clients including SoFi, AIG, and Chime. But with bold claims and limited technical disclosure, questions remain about how its system handles regulated, high-stakes decisions.

Startups2 sources

OpenAI backs Poetic's $50M round to automate high-stakes financial underwriting and compliance

Startups2 sources

Cyera Raises $600 Million at $12 Billion Valuation as AI Transforms Cybersecurity Landscape

Data security firm Cyera secured $600 million in funding at a $12 billion valuation, quadrupling its worth in just over a year. The cybersecurity start-up's rapid growth reflects surging investor interest in protecting companies from AI-based threats, especially as systems like Anthropic's Mythos model demonstrate unprecedented ability to exploit vulnerabilities. Cyera now focuses on autonomous protection against AI agents.

Startups2 sources

Cyera Raises $600 Million at $12 Billion Valuation as AI Transforms Cybersecurity Landscape

Startups2 sources

Legora opens Madrid, Milan, Paris offices and London engineering hub, targets 700 EMEA employees

Swedish legal-tech Legora is launching offices in Madrid, Milan, and Paris alongside a London engineering hub during Q3 2026, targeting 700 EMEA employees within a year. The $5.6bn legal AI platform expansion follows a $600 million Series D and reflects aggressive growth in a market where it competes with $11bn-valued Harvey AI.

Business2 sources

Legora opens Madrid, Milan, Paris offices and London engineering hub, targets 700 EMEA employees

Business2 sources

Thoma Bravo declares SaaSpocalypse over as AI becomes tailwind for software industry

Orlando Bravo of Thoma Bravo says the panic around AI gutting the software industry has ended, with AI now driving growth. Software stocks rallied 21% in May, but the recovery remains uneven as consumption-priced businesses surge while seat-based models struggle. Snowflake's CEO urges caution amid rising costs.

Business2 sources

Thoma Bravo declares SaaSpocalypse over as AI becomes tailwind for software industry

Business2 sources

Beacon raises $225M to transform software acquisitions with AI-native platform

Beacon, led by ex-Instacart president Nilam Ganenthiran, has raised $225 million in Series C funding to accelerate its AI roll-up strategy. The startup acquires small, profitable software companies serving underserved industries and rebuilds them on a shared AI-native platform, closing roughly one deal per week while driving over 50% EBITDA growth across its portfolio.

Startups2 sources

Beacon raises $225M to transform software acquisitions with AI-native platform

Startups2 sources

Standard Bots hits $1bn valuation with $200M raise to build AI robots on American soil

New York-based Standard Bots raised $200 million in Series C funding led by RoboStrategy and General Catalyst, achieving unicorn status with a $1 billion valuation. The company builds AI-powered robotic arms that learn tasks through demonstration rather than coding, targeting a 10% share of US industrial robot deployments by year-end while expanding its Long Island manufacturing facility.

Startups2 sources

Standard Bots hits $1bn valuation with $200M raise to build AI robots on American soil

Startups2 sources

Rivian R2 First Drive: The $45,000 Electric SUV Built to Challenge Tesla Model Y

Rivian has officially launched its R2, a mass-market electric SUV starting at $45,000 that CEO RJ Scaringe calls a make-or-break moment for the company. With AI-powered hands-free driving, competitive pricing against the Tesla Model Y, and production targets exceeding 50,000 units annually, the R2 represents Rivian's ambitious push beyond luxury EVs. But early buyers face a critical trade-off: Gen 2 hardware now or wait for advanced Gen 3 autonomy later.

Technology3 sources

Rivian R2 First Drive: The $45,000 Electric SUV Built to Challenge Tesla Model Y

Technology3 sources

OpenAI files confidential IPO targeting $1 trillion valuation as AI industry faces crucial test

OpenAI submitted a confidential IPO filing with the SEC, targeting up to $1 trillion valuation in what could be one of Wall Street's largest public offerings. CEO Sam Altman told staff the company expects to go public within the next year, though timing remains uncertain. The move positions OpenAI alongside rivals Anthropic and SpaceX in a high-stakes test of whether the AI industry boom can deliver on its promises.

Business11 sources

OpenAI files confidential IPO targeting $1 trillion valuation as AI industry faces crucial test

Business11 sources

PhysicsX raises $300M Series C funding at $2.4bn valuation, doubling value in under a year

London-based PhysicsX secured $300 million in Series C funding led by Temasek, more than doubling its valuation to $2.4 billion in less than a year. The AI company transforms engineering simulations from days to seconds, with data centre hardware driving its fastest growth as the AI boom creates massive demand for infrastructure design tools.

Startups2 sources

PhysicsX raises $300M Series C funding at $2.4bn valuation, doubling value in under a year

Startups2 sources

Anthropic beats OpenAI to confidential IPO filing as rivalry shapes AI's future

Anthropic has filed confidentially for an IPO at a $965 billion valuation, edging ahead of OpenAI in a high-stakes race to go public. The rivalry between the two AI giants is accelerating innovation but also raising questions about balancing rapid growth with safety concerns. Both companies are warning about AI risks while simultaneously launching their most powerful models yet.

Business8 sources

Anthropic beats OpenAI to confidential IPO filing as rivalry shapes AI's future

Business8 sources

Prev 1…151617…44 Next