Releases

Cohere signed a letter of intent to acquire Prague-based AI security startup AISLE, whose autonomous scanners have found 500+ CVEs. AISLE CEO Ondrej Vlcek will lead a new Cohere Cyber unit, Jaya Baloo becomes Cohere's global CISO and Stanislav Fort leads AI security research. Terms were not disclosed; the deal has not closed.

Modal reported a $15.75 billion post-money valuation alongside its Series D financing.

Modal raised a $750 million Series D led by Accel, with Kleiner Perkins and existing investors participating.

Modal said it had crossed $1 billion in annualized run rate after usage tripled in five months and grew more than fifteenfold year over year.

Caijing, as reported by Seoul Economic Daily, says DeepSeek is close to completing a second round of about 100B yuan (~$14B), double the original 50B-yuan target, at roughly 500B yuan valuation. New investors reportedly include GigaDevice, SMIC and Geely; proceeds fund an Inner Mongolia data center with 160,000+ Huawei Ascend chips. Unconfirmed by the company.

Reuters, citing two people at Anthropic's pre-IPO investor day, reported Q3 2026 revenue of $16.8B, up 45% from $11.6B in Q2. The company told investors it was profitable on an adjusted basis. Anthropic has not publicly confirmed the figures; its IPO is reportedly targeting a valuation above $2T.

OpenAI is reportedly in early talks to buy security research firm Trail of Bits, per The Information. Deal size is undisclosed and neither company has confirmed.

Applied Intuition has reportedly received multiple investment offers valuing it at a minimum of $30 billion, double its June 2025 valuation of $15B, ahead of a possible round that could exceed $1B. Unconfirmed by the company.

The Wall Street Journal reported Amazon is in talks to buy Nvidia-backed Decart, maker of the Lucy real-time video model and Oasis simulation model, for around $7 billion. Neither company confirmed; Decart was valued near $4 billion in May.

The Financial Times reported that NVIDIA is in talks to acquire, or invest more into, US open-weights AI lab Reflection AI; the deal could be structured as an acquihire to avoid antitrust scrutiny. No deal value disclosed; not confirmed by either company.

Bloomberg reported, citing unnamed sources, that OpenAI is negotiating a round of $30B or more at a $1.4 trillion pre-money valuation, with investors including Abu Dhabi's MGX and other UAE funds. Not confirmed by OpenAI.

Bloomberg, citing unnamed sources, reported OpenAI's annualized revenue was about $50B at the end of September 2026 and that it targets at least $70B by end of 2026. The figure counts only OpenAI's net share of cloud-partner sales, so it is not directly comparable to earlier gross run-rate reports. OpenAI declined to comment.

TypeSafe AI announced an $870 million Series A led by Andreessen Horowitz, with participation from Sequoia Capital, existing investor DCVC and angel investors, less than a month after launching Jev.

Palantir's public-market capitalization was $455.14 billion based on the latest available closing-market snapshot.

Space Exploration Technologies Corp. (SpaceX), SpaceXAI's publicly traded parent, closed with a consolidated equity market capitalization of approximately $2.16 trillion, with SPCX closing at $158.96 on Nasdaq. SpaceXAI is not separately listed, so this is the public-market value used for the SpaceXAI company profile.

Oracle's closing equity market capitalization was approximately $431.38 billion on the latest completed U.S. trading day.

IBM's closing equity market capitalization was approximately $209.67 billion on the latest completed U.S. trading day.

Baidu's Nasdaq market capitalization was $28.81B at the latest market close before October 5, 2026.

At the latest market close before October 4, CoreWeave’s Nasdaq-listed equity had a market capitalization of approximately $49.38 billion, with CRWV closing at $89.62.

Amazon's closing market capitalization was approximately $2.687 trillion, based on a $248.23 closing share price and 10,826,289,523 shares outstanding.

Meta Platforms closed with an estimated public equity market capitalization of $1.8474 trillion based on its Nasdaq-listed META shares.

Microsoft closed with an estimated public equity market capitalization of $3.809 trillion based on its Nasdaq-listed MSFT shares.

NVIDIA market capitalisation as of 1 October 2026, up 23% year-to-date, making NVIDIA the most valuable public company in history at that point. Growth driven by continued AI infrastructure spending and record quarterly revenues exceeding $96 billion.

Alphabet Inc., Google's publicly traded parent, closed with an estimated consolidated equity market capitalization of $4.1367 trillion. Google LLC is not separately listed, so this is the public-market value used for the Google company profile.

Space Exploration Technologies Corp. (SpaceX), SpaceXAI's publicly traded parent, had a consolidated equity market capitalization of approximately $2.050 trillion at the Sep 30, 2026 close. SpaceXAI is not separately listed, so this is the public-market value used for the SpaceXAI company profile.

A $300 million employee tender offer led by Wellington and T. Rowe Price valued ElevenLabs at $22 billion.

Listen Labs announced it was joining Salesforce AI Labs; its founders and team would continue building the product inside Salesforce.

EliseAI raised $350 million in a round co-led by Andreessen Horowitz and Bessemer Venture Partners.

Axios reported, citing sources familiar with the financials, that OpenAI's annualized revenue run rate had grown more than 70% since the start of Q3 to almost $70 billion, with enterprise sales more than doubling since July. OpenAI has not confirmed the figure.

OpenEvidence confirmed an additional $250 million funding round led by Andreessen Horowitz and Byers Capital.

AMD announced a definitive all-stock agreement to acquire World Labs for approximately $8.2 billion. Closing is expected by the end of 2026, subject to regulatory approval and customary conditions.

Replit announced the acquisition of Atta to add business-analysis capabilities, beginning with interactive charts generated in chat.

Cognition announced that it crossed $1 billion in annualized revenue run rate.

The Information reported that DeepSeek's annualized revenue run rate had surpassed $1 billion, more than doubling within a few months, helped in part by API price increases. The figure is a run rate, not audited annual revenue.

Databricks acquired Row Zero to add a live, governed spreadsheet experience for humans and agents inside Genie.

Lovable acquired Sutro; founder Tomas Halgas and three engineers joined Lovable to improve how builders understand and trust generated software.

Crusoe said Managed Inference had already contracted more than $100 million in annual recurring revenue since launching late in 2025.

Crusoe announced the initial closing of an oversubscribed $3.9 billion Series F co-led by Atreides Management, Mubadala Capital and Valor Equity Partners.

The companies signed an agreement to form a transatlantic sovereign-AI provider operating globally as Cohere, with headquarters and R&D in Canada and Germany; closing remained pending.

TypeSafe AI emerged from stealth with a $40 million seed round led by DCVC, announced alongside the launch of its first model, Jev.

Baseten acquired Blaxel to add stateful agent execution infrastructure, including isolated sandboxes, persistent storage and production connectivity, alongside its model training and serving stack.

Barclays, BNP Paribas' Opera Tech Ventures, Citi Ventures, MUFG Innovation Partners, Societe Generale, and Josh Easterly made an undisclosed strategic investment in Rogo.

Skild reported surpassing $100 million in annual recurring revenue ten months after its first commercial deployment.

Oracle reported total revenue of about $19.35 billion for its fiscal first quarter ended August 31, 2026, up 30% year over year.

Clay raised a $115 million Series D led by Wellington.

Alongside its $550 million round at a $15.5 billion valuation, Harvey said its annual recurring revenue was above $400 million and that it now serves more than 3,000 customer organizations.

Harvey raised $550 million at a $15.5 billion valuation, co-led by Diffusion and Lightspeed.

DeepSeek reportedly moved toward a potential mainland listing while its next financing remained in progress.

Cognition raised more than $2 billion in a Series E led by Andreessen Horowitz and Accel.

Mistral AI raised €3 billion in a Series D led by Samsung, with Scaleup Europe Fund, EQT and PSG participating, at a post-money valuation of more than €21 billion.