Releases

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.

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.

Valuation implied by the funding round "xAI closes $6B Series C at about $45B valuation".

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

Valuation implied by the funding round "$500 million funding round at $9 billion 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.

Valuation implied by the funding round "Series J announced at $62 billion valuation".

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

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.

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

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

Valuation implied by the funding round "OpenAI raises $6.6 billion at $157 billion valuation".

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

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.

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

Valuation implied by the funding round "Cursor raises $60 million Series A".

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

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

Valuation implied by the funding round "Moonshot reaches $3.3B valuation".

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

Valuation implied by the funding round "Harvey raises $100 million Series C".

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

Valuation implied by the funding round "Cohere raises $500M Series D at $5.5B valuation".

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

Valuation implied by the funding round "$250 million financing at $3 billion valuation".

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

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

Valuation implied by the funding round "€600 million Series B". Converted from EUR 5,800,000,000 at 1.073 USD per EUR (ECB reference rate on the release date).

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.

Valuation implied by the funding round "xAI closes $6B Series B at $24B post-money valuation".

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.