OpenAI reportedly lowers funding target for new round amid market jitters
The reported cut to OpenAI's fundraising goal signals investor caution after a prolonged boom in AI capital spending.
TechCrunch · +5 outlets
Salesforce to acquire defense AI logistics startup Rune for reported $375M
The deal would fold Rune's AI logistics technology into Salesforce's Missionforce defense platform, continuing a run of acquisitions by the CRM giant.
TechCrunch · +8 outlets
Baseten set for $30B valuation with new funding
The AI inference startup's reported valuation underscores continued investor appetite for infrastructure that serves trained models.
Bloomberg.com · +8 outlets
Cyera in talks for $20B valuation in new funding round
A $20 billion valuation would make the cybersecurity startup one of the most valuable private security companies.
CTech · +6 outlets
OPay pulls $304M NYSE IPO hours before shares were set to trade
The late withdrawal of the fintech startup's US listing reflects volatile conditions for new public offerings.
Startup Fortune · +5 outlets
Judge allows NAACP lawsuit over xAI data center pollution to move forward
The suit accuses the SpaceX-owned AI company of violating the Clean Air Act at its Memphis-area data center.
TechCrunch · +14 outlets
Nvidia weighs cosigning loan for Nscale's AI data center in West Virginia
Chipmaker backing for the project would reduce lender risk as investors grow skittish about AI infrastructure spending.
TechCrunch · +6 outlets
Security startup Sierra seeks funding at $20B valuation
Sierra's AI customer service agents have drawn rapid revenue growth, which the company is now translating into a much higher valuation.
디지털투데이 · +1 outlets
Cracks emerge in the AI spending boom as debt and skepticism mount
Rising debt, negative cash flow, and investor doubts are raising questions about whether the infrastructure buildout can be sustained.
TechCrunch · +4 outlets
Anthropic expected to receive high junk credit rating following IPO, FT report says
A sub-investment-grade rating would raise borrowing costs for a company that relies on heavy outside capital to fund its AI buildout.
TechCrunch · +11 outlets
Apple acquires Ascend.io, an agentic AI engineering startup
Apple's acquisition adds data pipeline automation talent as it fleshes out its enterprise and AI engineering capabilities.
9to5Mac · +14 outlets
Intel agrees to buy Israeli quantum startup Classiq Technologies
The deal would give Intel quantum software expertise as it pursues a broader computing roadmap.
Barchart.com · +14 outlets
Kling AI raises $2.98 billion to expand video AI
The large raise for the video generation company reflects continued investor enthusiasm for consumer and creative AI models.
Ventureburn · +3 outlets
Aswath Damodaran values Anthropic at $1.47T, flags governance risks
The NYU valuation expert's estimate lands the AI startup among the most highly valued companies ever to approach public markets.
ET Now · +1 outlets
The B2B Category the Markets “Hate” the Most Today: GTM
Saastr · +1 outlets
Sierra adds $150M ARR in one quarter as ServiceNow drops 27% in a day
The contrast between fast-growing AI-native SaaS and incumbent software selloffs illustrates shifting sentiment in B2B software.
Saastr · +1 outlets
Freshworks acquires Israel-based AI startup Robusta Dev to bolster Freshservice
The acquisition adds AI agent monitoring and testing tools to Freshworks' IT service management offering.
BW Disrupt
Ramp valued at $60B after $1.85B round
The corporate spend management startup's valuation has continued to climb despite a cooling fintech funding climate.
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