Releases

Sierra announced that it reached $100 million in annual recurring revenue seven quarters after its public launch.

Genspark announced a $275 million Series B backed by Emergence Capital, SBI Investment, LG Technology Ventures, Pavilion Capital, UpHonest Capital, and existing investors.

Physical Intelligence raised $600 million in a round led by CapitalG to expand its robot foundation-model research and data collection.

Suno raised a $250 million Series C at a $2.45 billion post-money 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.'

Lovable reported doubling annual recurring revenue to $200 million four months after reaching $100 million.

Cursor raised $2.3 billion at a $29.3 billion post-money valuation from existing and new investors including Coatue, NVIDIA, and Google.

Cursor disclosed that annualized revenue had surpassed $1 billion and its team had grown beyond 300 people.

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

Legora completed a $150 million Series C led by Bessemer Venture Partners to accelerate global expansion and product development.

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

NVIDIA had a public equity market capitalization of approximately $4.526 trillion as of Oct 26, 2025 (NASDAQ: NVDA), per StockAnalysis period-end data.

Crusoe announced the initial close of a $1.375 billion Series E co-led by Valor Equity Partners and Mubadala Capital.

OpenEvidence raised approximately $200 million in a Series C led by GV.

Reflection raised $2 billion in a financing led by NVIDIA with participation from Lightspeed, Sequoia and other investors.

Harvey raised a €50 million Series E extension from EQT Growth.

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

CoreWeave had a public equity market capitalization of approximately $70.9 billion as of Sep 30, 2025 (NASDAQ: CRWV), per StockAnalysis period-end data.

Baidu had a public equity market capitalization of approximately $45.3 billion as of Sep 30, 2025 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $262.8 billion as of Sep 30, 2025 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $432.8 billion as of Sep 30, 2025 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.845 trillion as of Sep 30, 2025 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.342 trillion as of Sep 30, 2025 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $2.942 trillion as of Sep 30, 2025 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.850 trillion as of Sep 30, 2025 (NASDAQ: MSFT), per StockAnalysis period-end data.

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.

Cognition raised more than $400 million led by Founders Fund as adoption and revenue for Devin accelerated.

ElevenLabs announced a $100 million employee tender offer valuing the company at $6.6 billion.

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.

Baseten raised a $150 million Series D led by BOND to expand its production inference platform.

Sierra raised $350 million in additional capital led by Greenoaks to expand Agent OS and its international business.

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.

Oracle had a public equity market capitalization of approximately $635.2 billion as of Aug 31, 2025 (NYSE: ORCL), per StockAnalysis period-end data.

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.

NVIDIA had a public equity market capitalization of approximately $4.233 trillion as of Jul 27, 2025 (NASDAQ: NVDA), per StockAnalysis period-end data.

Lovable reported passing $100 million in annual recurring revenue eight months after its first $1 million.

Lovable raised a $200 million Series A led by Accel.

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

OpenEvidence raised $210 million in Series B financing to scale its medical information platform.

Thinking Machines Lab closed a $2 billion seed financing led by Andreessen Horowitz with participation from NVIDIA, Accel, AMD, Cisco, ServiceNow and Jane Street.

Cognition acquired Windsurf and its agentic IDE business, combining Devin's cloud agent with Windsurf's developer environment and go-to-market organization.