Releases

Clay raised a $40 million pre-emptive expansion to its Series B led by existing investor Meritech.

Databricks completed $10 billion in equity financing and arranged $5.25 billion in debt facilities at a $62 billion equity valuation.

Google makes an additional $1 billion investment in Anthropic, extending its financial and cloud partnership with the AI developer.

Google reportedly made an additional $1 billion investment in Anthropic, deepening its existing investment and cloud relationship.

Clay acquired Avenue to add intent signals and first-party data capabilities to its GTM platform.

Cursor disclosed that annual recurring revenue had surpassed $100 million.

Cursor raised $105 million in Series B funding from Thrive Capital, Andreessen Horowitz, Benchmark, and existing investors at a reported $2.6 billion post-money valuation.

Synthesia raised a $180 million Series D led by NEA to advance enterprise AI video and expand globally.

Sacra estimates Cohere's annual recurring revenue was about $62 million at the end of 2024. Third-party estimate, not a company disclosure.

Third-party estimates put Crusoe's 2024 revenue at about $276 million. Not a company disclosure.

Sacra estimates Shield AI generated $267 million in revenue in 2024, up 64% from about $163 million in 2023. Third-party estimate, not a company disclosure.

Sacra estimates Applied Intuition reached $415 million in annual recurring revenue in 2024, up 100% from $207 million in 2023. Third-party estimate, not a company disclosure.

Sacra estimates Harvey's annual recurring revenue was about $50 million at the end of 2024. Third-party estimate, not a company disclosure.

Scale AI generated $870 million in revenue in 2024, a figure the company confirmed to Forbes in May 2026.

Baidu had a public equity market capitalization of approximately $29.6 billion as of Dec 31, 2024 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $203.3 billion as of Dec 31, 2024 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $172.3 billion as of Dec 31, 2024 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.478 trillion as of Dec 31, 2024 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.307 trillion as of Dec 31, 2024 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $2.324 trillion as of Dec 31, 2024 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.134 trillion as of Dec 31, 2024 (NASDAQ: MSFT), per StockAnalysis period-end data.

NVIDIA market capitalisation at end of calendar year 2024, up 169% year-over-year, briefly surpassing Apple and Microsoft to become the world's most valuable public company.

xAI closed a $6 billion Series C backed by major institutional and sovereign investors; regulatory reporting indicated an approximately $45 billion post-money valuation.

Perplexity closed a $500 million financing led by IVP at a $9 billion valuation.

Perplexity acquired Carbon, a startup specializing in connecting AI systems to enterprise data sources; terms were not disclosed.

Databricks announced a Series J targeting $10 billion, with $8.6 billion completed at announcement, valuing the company at $62 billion.

Crusoe raised $600 million in a Series D led by Founders Fund to expand AI data centers and Crusoe Cloud.

Speak raised a $78 million Series C led by Accel, bringing total funding to $162 million.

Oracle had a public equity market capitalization of approximately $512.2 billion as of Nov 30, 2024 (NYSE: ORCL), per StockAnalysis period-end data.

Amazon made a new $4 billion investment in Anthropic, bringing its total investment to $8 billion and naming AWS the primary cloud and training partner.

A $650 million secondary share transaction valued CoreWeave at approximately $23 billion ahead of its public offering.

Cursor acquired the Supermaven team and technology, later integrating its high-speed completion work into Cursor Tab.

Physical Intelligence raised $400 million from investors including Jeff Bezos, OpenAI, Thrive Capital, Lux Capital and Bond Capital.

NVIDIA had a public equity market capitalization of approximately $3.472 trillion as of Oct 27, 2024 (NASDAQ: NVDA), per StockAnalysis period-end data.

Decagon raised a $65 million Series B led by Bain Capital Ventures, bringing total funding to $100 million.

CoreWeave secured a $650 million revolving credit facility from a syndicate of major banks to support global expansion.

OpenAI closed a $6.6 billion funding round at a $157 billion post-money valuation.

Rogo raised an $18.5 million Series A led by Khosla Ventures, bringing disclosed funding to $26 million.

Baidu had a public equity market capitalization of approximately $36.9 billion as of Sep 30, 2024 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $203.6 billion as of Sep 30, 2024 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $83.3 billion as of Sep 30, 2024 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.448 trillion as of Sep 30, 2024 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $1.956 trillion as of Sep 30, 2024 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $2.049 trillion as of Sep 30, 2024 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.198 trillion as of Sep 30, 2024 (NASDAQ: MSFT), per StockAnalysis period-end data.

Mercor raised a $30 million Series A led by Benchmark.

fal raised a $14 million Series A led by Kindred Ventures.

fal disclosed a $9 million seed round led by Andreessen Horowitz as part of $23 million in seed and Series A funding.

World Labs emerged from stealth after raising $230 million to develop spatial-intelligence world models.

Glean raised more than $260 million in Series E financing co-led by Altimeter and DST Global.