Releases

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).

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.

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.

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.

xAI closed an upsized $20 billion Series E, above its $15 billion target; contemporaneous reporting placed the company’s valuation at more than $230 billion.

Baidu announced a proposed spin-off and separate listing of its Kunlunxin AI-chip business.

Moonshot completed a reported $500 million financing at a $4.3 billion valuation.

NVIDIA market capitalisation at end of calendar year 2025, up 38% year-over-year. NVIDIA remained the world's most valuable public company, sustained by record data centre AI GPU demand.

Databricks announced it was raising more than $4 billion in Series L equity financing at a $134 billion valuation.

NVIDIA reported Q3 fiscal 2026 record revenue of $57.0 billion, up 62% year-over-year and 22% sequentially. Data Center revenue was $51.2 billion (+66% YoY). Net income was $31.9 billion (GAAP). Jensen Huang noted 'Blackwell sales are off the charts, and cloud GPUs are sold out.'

CoreWeave increased its revolving credit facility from $1.5 billion to $2.5 billion and extended maturity to November 2029.

CoreWeave announced the acquisition of Marimo, creator of an open-source reactive Python notebook, to unify experimentation and production workflows.

CoreWeave agreed to acquire Monolith AI and extend its full-stack platform into industrial engineering, simulation, automotive, and manufacturing workflows.

Modal announced its Series B, reported at $87 million and a $1.1 billion post-money valuation.

A second close added $100 million from BDC and Nexxus Capital Management, bringing Cohere's valuation to approximately $7 billion.

Perplexity raised $200 million at a $20 billion valuation.

Mistral AI raised €1.7 billion in a Series C led by ASML at an €11.7 billion post-money valuation.

Databricks announced the close of a $1 billion Series K at a valuation above $100 billion.

Databricks disclosed that its AI products had exceeded a $1 billion annual revenue run-rate.

CoreWeave entered an agreement to acquire OpenPipe and add reinforcement-learning post-training for AI agents to its developer platform.

Anthropic completed a $13 billion Series F led by ICONIQ at a $183 billion post-money valuation.

Anthropic disclosed that annualized revenue had exceeded $5 billion by August 2025.

NVIDIA reported Q2 fiscal 2026 revenue of $46.7 billion, up 56% year-over-year and 6% sequentially. Data Center revenue reached $41.1 billion. Net income was $26.4 billion (GAAP). NVIDIA approved an additional $60 billion share repurchase authorization.

Radical Ventures and Inovia Capital co-led a $500 million financing with AMD, NVIDIA, PSP, Salesforce Ventures and HOOPP participating.

Perplexity submitted a nonbinding $34.5 billion offer to acquire Google's Chrome browser; Google had not offered Chrome for sale.

CoreWeave closed a $2.6 billion secured delayed-draw term loan to finance infrastructure supporting its OpenAI agreement.

Perplexity raised approximately $100 million at an $18 billion valuation.

CoreWeave announced an all-stock agreement to acquire Core Scientific and increase direct ownership of power and HPC data-center infrastructure.

Morgan Stanley arranged $5 billion of debt financing and xAI separately raised $5 billion in strategic equity to fund AI infrastructure and product development.

Meta made a $14.3 billion strategic investment for a 49% non-voting minority stake in Scale AI, valuing the independent company at over $29 billion and expanding the commercial partnership.

Perplexity closed a $500 million financing led by Accel at a $14 billion valuation.

NVIDIA reported Q1 fiscal 2026 revenue of $44.1 billion, up 69% year-over-year and 12% sequentially. Data Center revenue was $39.1 billion (+73% YoY). Net income was $18.8 billion (GAAP). Results included a $4.5 billion charge related to H20 export control restrictions.

Databricks agreed to acquire serverless Postgres company Neon to create Lakebase for AI applications and agents.

CoreWeave completed its acquisition of Weights & Biases, creating an end-to-end AI cloud spanning infrastructure, model development, and evaluation.

Hugging Face acquired Pollen Robotics, maker of Reachy robots, to accelerate its open-source robotics strategy and connect physical hardware with the LeRobot ecosystem.

OpenAI announced $40 billion in new funding led by SoftBank at a $300 billion post-money valuation.

CoreWeave’s Class A common stock began public trading on the Nasdaq Global Select Market under ticker CRWV.

xAI acquired social network X in an all-stock deal valuing X at $33 billion in equity and xAI at $80 billion, combining data, models, compute and distribution.

CoreWeave priced 37.5 million Class A shares at $40 each, with trading under CRWV scheduled to begin on Nasdaq the next day.

xAI acquired AI video-generation startup Hotshot, bringing its team and technology into xAI’s multimodal roadmap.

CoreWeave entered an agreement to acquire Weights & Biases and add experiment tracking, model management, evaluation, and monitoring to its AI cloud platform.

Anthropic raised $3.5 billion led by Lightspeed Venture Partners at a $61.5 billion post-money valuation.

IBM completed the HashiCorp acquisition, adding Terraform and Vault to its hybrid-cloud and AI platform.

IBM agreed to acquire DataStax to add vector data, Astra DB and Langflow capabilities to watsonx.

A consortium led by xAI submitted an unsolicited $97.4 billion offer for the nonprofit controlling OpenAI; the proposal was rejected and did not proceed.

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