Releases

Cohere and Aleph Alpha announced plans to combine into a transatlantic sovereign-AI company operating as Cohere; completion remained subject to approvals.

Reflection's CEO confirmed the company had closed a $2.5 billion Series C financing to fund open-weight frontier-model development and compute commitments.

Scale acquired ICG Solutions and its LUX real-time streaming-data analytics platform to expand its national-security AI stack; ICG initially remained a wholly owned subsidiary.

Anthropic disclosed that annualized run-rate revenue had surpassed $30 billion, up from about $9 billion at the end of 2025.

Amazon made an additional $5 billion investment in Anthropic and said it could invest up to a further $20 billion.

Skild acquired Zebra Technologies' robotics division, formerly Fetch Robotics, including its Symmetry Fulfillment orchestration platform.

Abridge reportedly raised an additional $316 million extension to its Series E.

The Information reported in May 2026 that Baseten's annualized revenue tripled from about $200 million to about $600 million during the first quarter of 2026. Baseten later said its revenue had grown 20x over the prior year when announcing its Series F.

The Financial Times reported on 8 April 2026, citing figures it had seen, that Perplexity's estimated annual recurring revenue jumped about 50% in a month to more than $450 million in March after the launch of its Computer agent and usage-based pricing.

CoreWeave had a public equity market capitalization of approximately $40.7 billion as of Mar 31, 2026 (NASDAQ: CRWV), per StockAnalysis period-end data.

Baidu had a public equity market capitalization of approximately $37.9 billion as of Mar 31, 2026 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $227.5 billion as of Mar 31, 2026 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $349.9 billion as of Mar 31, 2026 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.447 trillion as of Mar 31, 2026 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.236 trillion as of Mar 31, 2026 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $3.475 trillion as of Mar 31, 2026 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $2.749 trillion as of Mar 31, 2026 (NASDAQ: MSFT), per StockAnalysis period-end data.

CoreWeave closed DDTL 4.0, an up-to-$8.5 billion non-recourse facility described as the first investment-grade-rated financing backed by HPC infrastructure and a customer contract.

OpenAI announced the close of $122 billion in capital at an $852 billion post-money valuation.

Mistral AI secured approximately $830 million in debt financing to buy NVIDIA chips and develop a Paris-area AI data centre.

CEO David Holz said revenue had significantly surpassed $200 million in 2023 and had increased since then.

Shield AI announced an agreement to acquire simulation-software company Aechelon Technology.

Shield AI announced $1.5 billion in Series G equity and $500 million in preferred financing at a $12.7 billion post-money valuation.

Harvey raised $200 million at an $11 billion valuation, co-led by GIC and Sequoia.

Genspark reported reaching a $200 million annual run rate in eleven months.

Genspark announced that it had extended its Series B financing to $385 million in total, implying an additional $110 million.

Replit raised $400 million at a $9 billion valuation.

Legora raised $550 million in a Series D led by Accel to accelerate U.S. expansion.

The Information reported that Together AI's annualized revenue had hit about $1 billion, up more than 3x from mid-2025, as it held talks to raise about $1 billion. In July 2026 the company said its annual bookings had crossed $1.15 billion.

Following the Kimi K2.5 update, Moonshot AI's annual recurring revenue exceeded $100 million as of the start of March 2026, driven by paid subscribers and API usage, mainland media reported.

The Information reported that OpenAI topped $25 billion in annualized revenue as of the end of February 2026, up 17% from $21.4 billion at the end of 2025 (reported 5 March 2026).

Oracle had a public equity market capitalization of approximately $417.9 billion as of Feb 28, 2026 (NYSE: ORCL), per StockAnalysis period-end data.

OpenAI announced $110 billion of new investment from Amazon, NVIDIA, and SoftBank at a $730 billion pre-money valuation.

CoreWeave reported fiscal 2025 revenue of $5.131 billion, up 168% year over year, with $66.8 billion of revenue backlog.

NVIDIA reported Q4 fiscal 2026 record revenue of $68.1 billion, up 73% year-over-year and 20% sequentially. Data Center revenue was $62.3 billion. Full-year FY2026 revenue reached $215.9 billion (+65% YoY), with full-year net income of $120.1 billion (GAAP).

World Labs raised $1 billion from investors including AMD, Autodesk, Emerson, Fidelity, NVIDIA and Sea to advance spatial-intelligence models.

Mistral AI agreed to acquire French serverless cloud platform Koyeb to strengthen its AI infrastructure and deployment stack; financial terms were not disclosed.

Anthropic disclosed annualized run-rate revenue of $14 billion and said it had grown more than tenfold annually for each of the prior three years.

Anthropic raised a $30 billion Series G led by GIC and Coatue, with a $380 billion post-money valuation.

CEO Arthur Mensch told the Financial Times that Mistral's annualized revenue run rate was north of $400 million, up from about $20 million a year earlier, and that the company is set to pass $1 billion in ARR by the end of 2026.

Synthesia disclosed that annual recurring revenue had scaled from $40 million to approximately $140 million over three years.

Runway raised a $315 million Series E at a $5.3 billion valuation.

Databricks disclosed a $1.4 billion annual revenue run-rate for its AI products.

Databricks completed about $5 billion of equity financing at a $134 billion valuation plus roughly $2 billion of additional debt capacity.

Sierra reported more than $150 million in annual recurring revenue as it entered its third year.

Baseten raised $300 million in a Series E led by IVP and CapitalG, with participation including NVIDIA.

ElevenLabs raised $500 million at an $11 billion valuation.

SpaceX acquired X.AI Holdings in an all-stock merger. Reporting tied to the transaction valued xAI at about $250 billion and SpaceX at $1 trillion, implying a combined $1.25 trillion value.

Synthesia raised a $200 million Series E to expand its enterprise AI video and workforce-learning platform.

NVIDIA had a public equity market capitalization of approximately $4.560 trillion as of Jan 25, 2026 (NASDAQ: NVDA), per StockAnalysis period-end data.