Releases

Chai Discovery raised approximately $30 million in seed funding led by Thrive Capital, OpenAI, and Dimension Capital.

SSI raised more than $1 billion in cash from investors including NFDG, Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel.

Oracle had a public equity market capitalization of approximately $389.4 billion as of Aug 31, 2024 (NYSE: ORCL), per StockAnalysis period-end data.

Cursor raised $60 million in Series A financing from Andreessen Horowitz, Thrive Capital, OpenAI, and other technology leaders at a reported $400 million valuation.

EliseAI raised a $75 million Series D led by Sapphire Ventures.

Hugging Face acquired XetHub to bring content-defined chunking, deduplication, and high-performance storage to large AI repositories.

Moonshot raised a reported $300 million round that valued the company at $3.3 billion.

Black Forest Labs announced a $31 million seed round led by Andreessen Horowitz.

Harvey raised $100 million at a $1.5 billion valuation in a GV-led Series C.

PSP Investments led a $500 million round with Cisco, Fujitsu, AMD Ventures, EDC, NVIDIA and Salesforce Ventures participating.

Fireworks AI raised a $52 million Series B led by Sequoia Capital, bringing total funding to $77 million.

Skild AI raised a $300 million Series A led by Lightspeed Venture Partners, Coatue, SoftBank Group and Bezos Expeditions.

Clay raised a $46 million Series B led by Meritech Capital.

Perplexity completed a reported financing round of roughly $250 million at a $3 billion valuation, including strategic backing from SoftBank.

HeyGen raised a $60 million Series A led by Benchmark, with participation from Thrive Capital, BOND, and other investors.

HeyGen reported growing from $1 million to more than $35 million in annual recurring revenue in just over a year.

Speak raised a $20 million Series B-3 led by Buckley Ventures, bringing total funding to $84 million.

Decagon raised a $30 million Series A led by Accel.

Decagon disclosed a $5 million seed round led by Andreessen Horowitz as it emerged from stealth.

Hugging Face acquired Argilla, an open-source platform for human and synthetic data curation and model feedback.

Mistral AI raised €600 million in equity and debt at a reported €5.8 billion valuation.

Databricks agreed to acquire Tabular, founded by the creators of Apache Iceberg, to advance interoperability between Delta Lake and Iceberg.

xAI raised $6 billion from investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity; Reuters reported a $24 billion post-money valuation.

Gamma raised a $12 million Series A led by Accel to expand its AI-powered content-creation platform.

Suno raised $125 million in funding at a reported $500 million valuation.

Scale closed a $1 billion primary-and-secondary financing led by Accel at a $13.8 billion valuation.

CoreWeave signed a $7.5 billion debt facility led by Blackstone and Magnetar to expand its contracted high-performance compute fleet.

CoreWeave raised $1.1 billion in Series C funding led by Coatue to expand its AI cloud across products and geographies.

IBM agreed to acquire HashiCorp to expand hybrid-cloud automation for infrastructure supporting generative AI.

NVIDIA entered a definitive agreement to acquire AI workload orchestration provider Run:ai.

Perplexity raised $62.7 million in a Series B extension led by Daniel Gross, taking its valuation above $1 billion.

Shield AI acquired Sentient Vision Systems and its wide-area motion-imaging portfolio.

Amazon invested an additional $2.75 billion, completing its initial $4 billion Anthropic investment commitment.

Together AI raised $106 million in financing led by Salesforce Ventures to scale its open-model AI platform.

Applied Intuition raised $250 million in Series E financing led by Lux Capital, Elad Gil and Porsche Investments Management.

Physical Intelligence raised a $70 million seed round to build general-purpose AI foundation models for robots.

Glean raised $200 million in Series D financing to accelerate deployment of enterprise generative AI.

Microsoft invested €15 million in Mistral AI through a convertible note alongside the companies' commercial partnership.

Abridge raised $150 million in Series C financing to expand its enterprise clinical AI platform.

Moonshot raised about $1 billion in a financing round led by Alibaba, reaching a reported $2.5 billion valuation.

Rogo announced a $7 million seed round led by AlleyCorp to build an AI platform for financial professionals.

Together AI had about $30 million in annualized revenue in February 2024, according to Bloomberg's February 2025 reporting citing a person familiar with the matter.

Fireworks AI raised a $25 million Series A led by Benchmark.

Databricks acquired Einblick, whose natural-language notebook technology and team strengthened AI-native data exploration.

Krea raised approximately $33 million in Series A financing led by Andreessen Horowitz.

ElevenLabs raised an $80 million Series B and reached unicorn status at an approximately $1.1 billion valuation.

Mercor announced $3.6 million in seed funding led by General Catalyst.

Perplexity raised $73.6 million in a Series B led by IVP at a reported $520 million valuation, with participation from NVIDIA, Jeff Bezos and others.

Anthropic reportedly closed a $750 million Series D led by Menlo Ventures at an approximately $18.4 billion post-money valuation.

Sacra estimates Crusoe generated about $100 million in revenue in 2023, up from roughly $20 million in 2022. Third-party estimate, not a company disclosure.