Releases

Modal reported an annualized revenue run rate exceeding $300 million at the time of its Series C.

Modal raised $355 million in Series C financing at a $4.65 billion post-money valuation.

Cohere announced agreements to advance sovereign AI deployments with Indra Group and Multiverse Computing.

Command A+

Scale GenAI Platform

NVIDIA reported Q1 fiscal 2027 record revenue of $81.6 billion, up 85% year-over-year and 20% sequentially. Data Center revenue reached a record $75.2 billion (+92% YoY). Net income was $58.3 billion (GAAP). NVIDIA approved an additional $80 billion share repurchase and raised the quarterly dividend from $0.01 to $0.25 per share.

Anthropic's Claude Managed Agents integration adopted Modal Sandboxes for secure execution.

North for Pharma

Google Antigravity

Gemini Omni 1.1 Flash

Gemini 3.5 Flash

Baidu AI Cloud

Anthropic acquired Stainless, an SDK and MCP server tooling company that had powered generation of Anthropic's official SDKs.

Krea reported that its team had grown to 37 people.

Scale marked its tenth anniversary, reporting more than 700 customers served, 15 billion human decisions applied to model development, work across 150 languages and locales, and over $1 billion paid to contributors.

Perplexity Computer

CoreWeave Sandboxes

Perplexity Computer

Krea 2 · 2

CoreWeave Inference

ERNIE 5.1

Argyll and SambaNova partnered to launch a sovereign AI cloud for UK customers using SambaNova inference systems.

SWE Atlas

Personal Computer

Axios reported Scale AI had more than 1,300 employees; value is recorded as a lower bound.

The U.S. defense department increased the potential ceiling of its Scale production agreement from $100 million to $500 million following rapid adoption across military components.

Finance Search API

Grok

Colossus 1

The former xAI operation ceased functioning as a separate company and was folded into SpaceX as its AI division, using the SpaceXAI identity.

Anthropic agreed to use all compute capacity at SpaceX's Colossus 1 data center, adding more than 300 megawatts and over 220,000 NVIDIA GPUs.

Glean Assistant

Legal Agents Library

ElevenLabs Platform

watsonx Orchestrate

Computer for Professional Finance

Perplexity Health

Claude for Microsoft 365

Claude Managed Agents

Felix

Sierra reported serving more than 40% of the Fortune 50, with agents on its platform powering billions of customer interactions.

Sierra raised $950 million from new and existing investors led by Tiger Global and GV.

Perplexity Computer

Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs announced a new AI services company focused on deploying Claude at mid-sized enterprises.

HyperFrames

Scale signed a memorandum of understanding with the U.S. Department of Energy to explore AI-ready scientific data infrastructure, evaluations, and model applications for the Genesis Mission.

Anthropic disclosed that annualized run-rate revenue had crossed $47 billion earlier in May 2026.

Sacra estimates Replit hit $525 million in annualized revenue in April 2026, up from $300 million at the end of 2025. Third-party estimate; Replit has not disclosed current revenue and says only that it is on track for $1 billion in ARR by the end of 2026.

Moonshot AI's annual recurring revenue surpassed $200 million in April 2026 as subscription and API revenue accelerated, according to the adviser statement accompanying its roughly $2 billion funding round announced on 7 May 2026.

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