Releases

Vertex AI

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. · Series C

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

Perplexity Enterprise

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.

Xet-backed Hub Storage

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. · Series B

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 Assistant

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.

MosaicML 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.

Conductor by CoreWeave