Releases

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.

Fireworks AI raised a $250 million Series C co-led by Lightspeed Venture Partners, Index Ventures, and Evantic.

Mercor raised a $350 million Series C led by Felicis.

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.

Sacra estimates Cohere hit $150 million in annual recurring revenue in October 2025, up from $100 million in May 2025. Third-party estimate, not a company disclosure.

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.

Announcing its $250 million round at a $3 billion valuation, Replit said annualized revenue had grown from $2.8 million to $150 million in less than a year.

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.

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.

EliseAI disclosed that it had surpassed $100 million in annual recurring revenue earlier in 2025.

EliseAI raised a $250 million Series E led by Andreessen Horowitz.

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.

Chai Discovery raised a $70 million Series A led by Menlo Ventures.

Clay raised a $100 million Series C to expand its GTM engineering platform.

Marking its three-year anniversary, Harvey said it generates more than $100 million in ARR, serving more than 500 customers in 54 countries including 42% of the AmLaw 100.

fal raised a $125 million Series C led by Meritech Capital.

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.