Releases

Cognition raised more than $400 million led by Founders Fund as adoption and revenue for Devin accelerated.

ElevenLabs Platform

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.

Perplexity for Government

Baseten raised a $150 million Series D led by BOND to expand its production inference platform.

Kimi K2 Instruct 0905

Kimi Agent

Anthropic agreed to a proposed $1.5 billion settlement with authors and publishers over pirated copies of books used in model development.

EXPRESS-2

Sierra reported hundreds of customers across financial services, healthcare, telecommunications, retail and consumer services.

Sierra raised $350 million in additional capital led by Greenoaks to expand Agent OS and its international business.

Midjourney Image Models

EmbeddingGemma

Plan Mode

OpenPipe by CoreWeave

Mistral Agents API

Le Chat

Amazon Lens Live

Anthropic completed a $13 billion Series F led by ICONIQ at a $183 billion post-money valuation.

HeyGen Video Agent

Runway Workflows

Scale updated its mission to developing reliable AI systems for the world’s most important decisions, reflecting its expansion from data infrastructure into applications and evaluation.

The U.S. defense department awarded Scale a five-year production agreement with an initial $100 million ceiling for data operations, computer vision, GenAI, and Donovan capabilities.

HUGS

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.

Google Vertex AI on OCI

Command A Translate

Grok Code Fast 1 · 1

MAI-Voice-1

MAI-1 Preview

HeyGen API · Avatar IV

Krea Realtime Video

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.

Comet Plus

xAI and X filed a U.S. federal antitrust suit alleging that Apple and OpenAI conspired to disadvantage rival generative-AI products and Grok in App Store distribution.

NVIDIA Jetson Thor

Grok-2 · 2

DeepSeek-V3.1

Command A Reasoning

Rogo Platform

Claygent Navigator

Grok 4 · 4

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

EliseAI reported that full-time headcount had grown from 150 to more than 300 since its Series D.

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

Grok Collections API

Cohere announced former Uber executive Francois Chadwick as chief financial officer alongside its funding round.

Radical Ventures and Inovia Capital co-led a $500 million financing with AMD, NVIDIA, PSP, Salesforce Ventures and HOOPP participating.