Releases

Google makes an additional $1 billion investment in Anthropic, extending its financial and cloud partnership with the AI developer.

Google reportedly made an additional $1 billion investment in Anthropic, deepening its existing investment and cloud relationship.

NVIDIA market capitalisation at end of calendar year 2024, up 169% year-over-year, briefly surpassing Apple and Microsoft to become the world's most valuable public company.

xAI closed a $6 billion Series C backed by major institutional and sovereign investors; regulatory reporting indicated an approximately $45 billion post-money valuation.

Perplexity closed a $500 million financing led by IVP at a $9 billion valuation.

Perplexity acquired Carbon, a startup specializing in connecting AI systems to enterprise data sources; terms were not disclosed.

Databricks announced a Series J targeting $10 billion, with $8.6 billion completed at announcement, valuing the company at $62 billion.

Amazon made a new $4 billion investment in Anthropic, bringing its total investment to $8 billion and naming AWS the primary cloud and training partner.

A $650 million secondary share transaction valued CoreWeave at approximately $23 billion ahead of its public offering.

CoreWeave secured a $650 million revolving credit facility from a syndicate of major banks to support global expansion.

OpenAI closed a $6.6 billion funding round at a $157 billion post-money valuation.

Hugging Face acquired XetHub to bring content-defined chunking, deduplication, and high-performance storage to large AI repositories.

Moonshot raised a reported $300 million round that valued the company at $3.3 billion.

PSP Investments led a $500 million round with Cisco, Fujitsu, AMD Ventures, EDC, NVIDIA and Salesforce Ventures participating.

Perplexity completed a reported financing round of roughly $250 million at a $3 billion valuation, including strategic backing from SoftBank.

Hugging Face acquired Argilla, an open-source platform for human and synthetic data curation and model feedback.

Mistral AI raised €600 million in equity and debt at a reported €5.8 billion valuation.

Databricks agreed to acquire Tabular, founded by the creators of Apache Iceberg, to advance interoperability between Delta Lake and Iceberg.

xAI raised $6 billion from investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity; Reuters reported a $24 billion post-money valuation.

Scale closed a $1 billion primary-and-secondary financing led by Accel at a $13.8 billion valuation.

CoreWeave signed a $7.5 billion debt facility led by Blackstone and Magnetar to expand its contracted high-performance compute fleet.

CoreWeave raised $1.1 billion in Series C funding led by Coatue to expand its AI cloud across products and geographies.

IBM agreed to acquire HashiCorp to expand hybrid-cloud automation for infrastructure supporting generative AI.

NVIDIA entered a definitive agreement to acquire AI workload orchestration provider Run:ai.

Perplexity raised $62.7 million in a Series B extension led by Daniel Gross, taking its valuation above $1 billion.

Amazon invested an additional $2.75 billion, completing its initial $4 billion Anthropic investment commitment.

Microsoft invested €15 million in Mistral AI through a convertible note alongside the companies' commercial partnership.

Moonshot raised about $1 billion in a financing round led by Alibaba, reaching a reported $2.5 billion valuation.

Databricks acquired Einblick, whose natural-language notebook technology and team strengthened AI-native data exploration.

Perplexity raised $73.6 million in a Series B led by IVP at a reported $520 million valuation, with participation from NVIDIA, Jeff Bezos and others.

Anthropic reportedly closed a $750 million Series D led by Menlo Ventures at an approximately $18.4 billion post-money valuation.

NVIDIA market capitalisation at end of calendar year 2023, up 240% year-over-year, driven by explosive demand for AI training GPUs following the ChatGPT-led generative AI boom.

Mistral AI completed a €385 million Series A at a reported valuation of about €2 billion.

CoreWeave completed a $642 million secondary transaction that gave existing shareholders liquidity and broadened its institutional investor base.

Google agreed to invest up to $2 billion in Anthropic, including $500 million upfront and an additional $1.5 billion over time.

Databricks acquired enterprise data replication company Arcion to make operational data available for analytics and AI.

Modal announced a $16 million Series A, bringing total capital raised to $23 million.

Amazon made an initial $1.25 billion investment in Anthropic under its broader commitment of up to $4 billion.

Databricks raised more than $500 million in Series I financing at a $43 billion valuation.

Hugging Face raised $235 million in a Series D led by Salesforce Ventures at a $4.5 billion post-money valuation, with participation from major cloud and semiconductor companies.

SK Telecom invested an additional $100 million in Anthropic and formed a partnership to build a multilingual model for telecommunications.

CoreWeave closed a $2.3 billion debt financing led by Magnetar and Blackstone to purchase hardware for contracted AI workloads.

Databricks completed its acquisition of MosaicML, adding foundation-model training, inference, research and open models to its AI platform.

Mistral AI raised a €105 million seed round, one of Europe's largest seed financings, at a reported valuation of roughly €240 million.

Cohere raised $270 million from Inovia, Oracle, NVIDIA, Salesforce and other investors to scale enterprise generative AI.

Anthropic raised $450 million led by Spark Capital to scale reliable AI products and safety research.

Databricks agreed to acquire data-governance company Okera to strengthen governance and AI security capabilities.

CoreWeave closed a primary Series B funding round led by Magnetar Capital to expand its GPU cloud for generative AI.

Perplexity raised $25.6 million in a Series A led by New Enterprise Associates.

CoreWeave acquired Conductor Technologies and its cloud task-management and burst-rendering platform, extending the cloud into end-to-end VFX and animation workflows.

NVIDIA market capitalisation at end of calendar year 2022, down 51% from the prior year amid a broader semiconductor and tech sector downturn.

Magnetar backed CoreWeave with a $100 million strategic investment to expand GPU capacity for AI, machine learning, and visual-computing customers.

Perplexity raised approximately $3.1 million in seed financing from Elad Gil and a group of prominent AI and technology investors.

Oracle completed its acquisition of Cerner to create a major health technology and clinical-data business.

Hugging Face raised $100 million in Series C funding led by Lux Capital at a reported $2 billion post-money valuation.

Anthropic raised $580 million to build steerable, interpretable, and robust AI systems and expand its research infrastructure.

Modal raised $7 million in seed financing to build its serverless cloud platform.

Microsoft completes its acquisition of Nuance, adding clinical speech recognition, ambient intelligence and conversational AI to its portfolio.

Cohere raised $125 million in a Series B led by Tiger Global to expand its enterprise language-model platform.

IBM agreed to sell healthcare data and analytics assets from Watson Health to Francisco Partners.

Hugging Face acquired Gradio, bringing its open-source interface framework and team into the company while keeping the project open source.

CoreWeave raised $50 million from Magnetar Capital to scale its specialized NVIDIA GPU cloud infrastructure.

Scale acquired Berlin-based SiaSearch and folded its petabyte-scale sensor-data search technology and team into Scale Nucleus.

Databricks closed a $1.6 billion Series H with participation from AWS, CapitalG and Microsoft at a $38 billion post-money valuation.

Index Ventures led Cohere's $40 million Series A, with Section 32, Radical Ventures and AI researchers participating.

Anthropic raised $124 million to pursue computationally intensive research into reliable, interpretable, and steerable AI systems.

Scale raised $325 million in Series E funding co-led by Dragoneer, Greenoaks, and Tiger Global at a reported $7.3 billion valuation.

Microsoft agrees to acquire Nuance Communications for $19.7 billion including net debt, expanding its healthcare and conversational-AI capabilities.

Baidu's Class A ordinary shares began trading on the Hong Kong Stock Exchange under 9888.

Hugging Face raised $40 million in Series B funding led by Addition to grow its open-source machine-learning ecosystem and hosted platform.

Databricks raised $1 billion led by Franklin Templeton at a $28 billion post-money valuation.

Scale acquired real-time video-understanding startup Helia AI and brought its team and infrastructure expertise into the Nucleus platform.

Scale raised $155 million in a Series D led by Tiger Global at a post-money valuation above $3.5 billion.

Databricks acquired open-source visualization company Redash to expand SQL analytics and collaboration.

Hugging Face raised $15 million in a Series A led by Lux Capital to expand its open-source natural-language-processing platform.

Databricks raised $400 million in Series F financing at a $6.2 billion valuation.

Facebook agreed to acquire CTRL-labs, bringing neural-interface research into Reality Labs.

Scale raised $100 million in Series C funding led by Founders Fund at a valuation above $1 billion.

Microsoft invests $1 billion in OpenAI and becomes its exclusive cloud partner for new Azure AI supercomputing technologies.

Microsoft invested $1 billion in OpenAI and the companies formed an exclusive cloud-computing partnership.

IBM completed its acquisition of Red Hat to anchor an open hybrid-cloud platform for enterprise software and AI.

Databricks raised $250 million led by Andreessen Horowitz, valuing the company at $2.75 billion.

Scale raised $18 million in Series B funding led by Index Ventures with participation from Accel, Y Combinator, and other investors.

Microsoft agrees to acquire GitHub for $7.5 billion in stock, bringing the developer platform that later launched GitHub Copilot into Microsoft.

Hugging Face raised a $4 million seed round backed by investors including A.Capital, Betaworks, SV Angel, and Thirty Five Ventures.

Microsoft acquires conversational-AI startup Semantic Machines to advance more natural, context-aware dialogue systems.

Databricks raised $140 million in a Series D led by Andreessen Horowitz.

Scale raised $4.5 million in Series A funding led by Accel to expand its labeled-data infrastructure.

Hugging Face raised approximately $1.2 million in early angel funding to develop its conversational AI startup.

Databricks raised a $60 million Series C led by New Enterprise Associates.

Amazon agreed to acquire chip-design company Annapurna Labs, strengthening its ability to build custom silicon for AWS.

Facebook acquired natural-language interface startup Wit.ai to strengthen conversational AI capabilities.

Databricks raised $33 million to expand its cloud platform for large-scale data processing.

Google agrees to acquire London-based artificial-intelligence company DeepMind Technologies, bringing its research team into Google.

Andreessen Horowitz led Databricks' first institutional financing to commercialize Apache Spark.

Facebook completed its initial public offering on Nasdaq under the ticker FB.

Baidu's American depositary shares began trading on Nasdaq under BIDU.

Google completes its initial public offering on Nasdaq, establishing the public-company lineage now represented by Alphabet's GOOGL and GOOG shares.

Amazon completed its initial public offering on Nasdaq under the ticker AMZN.

Microsoft completes its initial public offering on Nasdaq, establishing the public-company lineage represented by MSFT.