Releases

CoreWeave closed DDTL 4.0, an up-to-$8.5 billion non-recourse facility described as the first investment-grade-rated financing backed by HPC infrastructure and a customer contract.

OpenAI announced the close of $122 billion in capital at an $852 billion post-money valuation.

Mistral AI secured approximately $830 million in debt financing to buy NVIDIA chips and develop a Paris-area AI data centre.

CEO David Holz said revenue had significantly surpassed $200 million in 2023 and had increased since then.

Shield AI announced an agreement to acquire simulation-software company Aechelon Technology.

Shield AI announced $1.5 billion in Series G equity and $500 million in preferred financing at a $12.7 billion post-money valuation.

Harvey raised $200 million at an $11 billion valuation, co-led by GIC and Sequoia.

Genspark reported reaching a $200 million annual run rate in eleven months.

Genspark announced that it had extended its Series B financing to $385 million in total, implying an additional $110 million.

Replit raised $400 million at a $9 billion valuation.

Legora raised $550 million in a Series D led by Accel to accelerate U.S. expansion.

The Information reported that Together AI's annualized revenue had hit about $1 billion, up more than 3x from mid-2025, as it held talks to raise about $1 billion. In July 2026 the company said its annual bookings had crossed $1.15 billion.

Following the Kimi K2.5 update, Moonshot AI's annual recurring revenue exceeded $100 million as of the start of March 2026, driven by paid subscribers and API usage, mainland media reported.

The Information reported that OpenAI topped $25 billion in annualized revenue as of the end of February 2026, up 17% from $21.4 billion at the end of 2025 (reported 5 March 2026).

Oracle had a public equity market capitalization of approximately $417.9 billion as of Feb 28, 2026 (NYSE: ORCL), per StockAnalysis period-end data.

OpenAI announced $110 billion of new investment from Amazon, NVIDIA, and SoftBank at a $730 billion pre-money valuation.

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).

World Labs raised $1 billion from investors including AMD, Autodesk, Emerson, Fidelity, NVIDIA and Sea to advance spatial-intelligence models.

Mistral AI agreed to acquire French serverless cloud platform Koyeb to strengthen its AI infrastructure and deployment stack; financial terms were not disclosed.

Baseten acquihired the Inferless team to accelerate its inference infrastructure roadmap.

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.

CEO Arthur Mensch told the Financial Times that Mistral's annualized revenue run rate was north of $400 million, up from about $20 million a year earlier, and that the company is set to pass $1 billion in ARR by the end of 2026.

Synthesia disclosed that annual recurring revenue had scaled from $40 million to approximately $140 million over three years.

Runway raised a $315 million Series E at a $5.3 billion 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.

Sierra reported more than $150 million in annual recurring revenue as it entered its third year.

Baseten raised $300 million in a Series E led by IVP and CapitalG, with participation including NVIDIA.

ElevenLabs raised $500 million at an $11 billion valuation.

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.

Rogo raised a $75 million Series C led by Sequoia Capital to scale autonomous financial agents and expand into Europe.

A $55 million employee tender led by DST Global valued Clay at $5 billion.

Decagon raised a $250 million Series D led by Coatue Management and Index Ventures.

Synthesia raised a $200 million Series E to expand its enterprise AI video and workforce-learning platform.

NVIDIA had a public equity market capitalization of approximately $4.560 trillion as of Jan 25, 2026 (NASDAQ: NVDA), per StockAnalysis period-end data.

OpenEvidence reported surpassing $100 million in annual revenue.

OpenEvidence raised $250 million in a Series D co-led by Thrive Capital and DST Global.

Listen raised a $69 million Series B led by Ribbit Capital, bringing total equity funding to $100 million.

Skild AI raised $1.4 billion in a Series C led by SoftBank with participation from NVentures, Macquarie Capital, Bezos Expeditions and existing investors.

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.

Cohere told investors in a February 2026 memo obtained by CNBC that it hit $240 million in annual recurring revenue in 2025, beating its $200 million target. Cohere declined to comment on the figure.

Sacra estimates Together AI's annualized revenue was about $618 million at the end of 2025. Third-party estimate, not a company disclosure.

Sacra estimates Replit's annualized revenue was about $300 million at the end of 2025. Third-party estimate, not a company disclosure.

Shield AI told Fortune in March 2026 it expects more than 80% revenue growth in 2026, which Fortune said equates to at least $540 million based on its 2025 revenue, implying about $300 million for 2025. Sacra separately estimates about $300 million for the year ending March 2025.

Baseten's annualized revenue stood at about $200 million at the start of the first quarter of 2026, before tripling during the quarter, according to The Information's May 2026 reporting.

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.