Releases

Sacra estimates Applied Intuition hit $830 million in annual recurring revenue in 2025, up about 2x from $415 million in 2024. Third-party estimate, not a company disclosure.

Harvey hit an annual recurring revenue rate of $190 million by the end of 2025, founder and CEO Winston Weinberg shared on LinkedIn, up from $100 million in August 2025.

Scale told Forbes in May 2026 that it tallied just shy of $1 billion in revenue in 2025, up from $870 million in 2024, and expects to top $1 billion in 2026.

CFO Sarah Friar disclosed on 18 January 2026 that OpenAI's ARR grew from $2 billion in 2023 to $6 billion in 2024 and more than $20 billion in 2025.

CoreWeave had a public equity market capitalization of approximately $35.7 billion as of Dec 31, 2025 (NASDAQ: CRWV), per StockAnalysis period-end data.

Baidu had a public equity market capitalization of approximately $44.9 billion as of Dec 31, 2025 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $276.9 billion as of Dec 31, 2025 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $423.7 billion as of Dec 31, 2025 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.664 trillion as of Dec 31, 2025 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.468 trillion as of Dec 31, 2025 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $3.781 trillion as of Dec 31, 2025 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.594 trillion as of Dec 31, 2025 (NASDAQ: MSFT), per StockAnalysis period-end data.

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.

Graphite entered into a definitive agreement to be acquired by Cursor while initially continuing to operate its code-review platform independently.

Lovable raised a $330 million Series B led by CapitalG and Menlo Ventures' Anthology fund.

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

Oracle had a public equity market capitalization of approximately $575.7 billion as of Nov 30, 2025 (NYSE: ORCL), per StockAnalysis period-end data.

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.

The Information reported that Perplexity's annual recurring revenue was approaching $200 million as it raised $200 million at a $20 billion valuation, up from the $150 million-plus ARR its communications team confirmed the month before.

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

At its Series C, Mistral claimed annualized revenue of €300 million, roughly ten times its level at the end of 2024. Converted from EUR 300,000,000 at 1.1744 USD per EUR (ECB reference rate on the release date).

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.