Releases

Databricks signed a Coatue-led strategic-funding term sheet valuing the company at $188 billion, with proceeds targeted at Unity AI Gateway, Genie and Lakebase.

SambaNova completed the first close of a $1 billion financing led by Vista Equity Partners and others to scale its AI inference business.

Together AI raised an $800 million Series C to accelerate its open and custom AI platform.

Space Exploration Technologies Corp. (SpaceX), SpaceXAI's publicly traded parent, had a consolidated equity market capitalization of approximately $2.250 trillion at the Jun 30, 2026 close. SpaceXAI is not separately listed, so this is the public-market value used for the SpaceXAI company profile.

CoreWeave had a public equity market capitalization of approximately $54.3 billion as of Jun 30, 2026 (NASDAQ: CRWV), per StockAnalysis period-end data.

Baidu had a public equity market capitalization of approximately $38.9 billion as of Jun 30, 2026 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $264.3 billion as of Jun 30, 2026 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $279.7 billion as of Jun 30, 2026 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.430 trillion as of Jun 30, 2026 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.564 trillion as of Jun 30, 2026 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $4.339 trillion as of Jun 30, 2026 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $2.771 trillion as of Jun 30, 2026 (NASDAQ: MSFT), per StockAnalysis period-end data.

Baseten raised a $1.5 billion Series F led by Altimeter Capital, Conviction Partners, and Spark Capital.

SpaceX announced an all-stock agreement to acquire Anysphere, the company behind Cursor, for $60 billion.

DeepSeek reportedly raised more than RMB50B ($7.4B) in a founder-controlled structure at a valuation exceeding $50B.

Databricks announced an agreement to acquire AI SOC company Panther to expand its agentic security-lakehouse offering.

Space Exploration Technologies Corp. (SpaceX), SpaceXAI's publicly traded parent, had a consolidated equity market capitalization of approximately $1.770 trillion at the Jun 12, 2026 close - its first day of trading on Nasdaq (SPCX). SpaceXAI is not separately listed, so this is the public-market value used for the SpaceXAI company profile.

Genspark raised a further $100 million Series B extension from returning investors including Sozo Ventures, UpHonest Capital, and Mirae Asset.

Suno raised more than $400 million in Series D funding at a $5.4 billion post-money valuation.

Reuters reported DeepSeek was set to raise about RMB50B from investors including Tencent and CATL, at a projected $52B-$59B post-money valuation.

Anthropic confidentially submitted a draft Form S-1 registration statement to the SEC for a proposed initial public offering; pricing and share count were not yet set.

Oracle had a public equity market capitalization of approximately $649.4 billion as of May 31, 2026 (NYSE: ORCL), per StockAnalysis period-end data.

Glean announced $300 million in annual recurring revenue, tripling from $100 million in fifteen months.

Anthropic raised $65 billion in Series H funding led by Altimeter, Dragoneer, Greenoaks, and Sequoia, at a $965 billion post-money valuation.

Cognition reported a $492 million annualized revenue run rate and more than 10x enterprise usage growth since the start of 2026.

Cognition raised more than $1 billion led by Lux Capital, General Catalyst and 8VC to expand Devin and autonomous software engineering.

Mistral AI signed a definitive agreement to acquire Emmi AI, expanding into physics-aware AI for engineering and industry; terms were not disclosed.

Modal reported an annualized revenue run rate exceeding $300 million at the time of its Series C.

Modal raised $355 million in Series C financing at a $4.65 billion post-money valuation.

NVIDIA reported Q1 fiscal 2027 record revenue of $81.6 billion, up 85% year-over-year and 20% sequentially. Data Center revenue reached a record $75.2 billion (+92% YoY). Net income was $58.3 billion (GAAP). NVIDIA approved an additional $80 billion share repurchase and raised the quarterly dividend from $0.01 to $0.25 per share.

Cohere acquired biopharma AI specialist Reliant AI, adding its research team, biomedical datasets and domain technology to North for Pharma.

Baidu reported AI Cloud Infrastructure revenue of RMB8.8B for Q1 2026, up 79% year over year.

Anthropic acquired Stainless, an SDK and MCP server tooling company that had powered generation of Anthropic's official SDKs.

ElevenLabs reported surpassing $500 million in annual recurring revenue during the first four months of 2026.

Sierra raised $950 million from new and existing investors led by Tiger Global and GV.

Anthropic disclosed that annualized run-rate revenue had crossed $47 billion earlier in May 2026.

NVIDIA had a public equity market capitalization of approximately $5.060 trillion as of Apr 26, 2026 (NASDAQ: NVDA), per StockAnalysis period-end data.

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.

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.