Releases

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

ElevenLabs announced a $100 million employee tender offer valuing the company at $6.6 billion.

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 launched a secure government offering with public-sector procurement and deployment options.

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

Moonshot released a K2 checkpoint with improved coding, instruction following and long-context performance.

Moonshot launched Kimi Agent alongside the updated K2 model experience.

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

Synthesia released its full-body avatar video and voice engine with in-context voice cloning and 1080p, 30fps output.

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.

Warner Bros. Discovery filed a copyright lawsuit against Midjourney.

Google releases EmbeddingGemma, an open multilingual embedding model optimized for on-device retrieval.

Replit introduced a read-only planning mode for safer collaboration with Agent.

CoreWeave entered an agreement to acquire OpenPipe and add reinforcement-learning post-training for AI agents to its developer platform.

Mistral AI introduced persistent memory capabilities for agents and applications.

Le Chat added custom MCP-server support, enterprise connectors and persistent memories.

Amazon introduced real-time visual product recognition and matching in the shopping app.

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

Runway expanded node-based workflows for multi-stage media generation and post-production.

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.

Hugging Face discontinued HUGS model-deployment containers and directed users toward enterprise collections and other deployment paths.

Oracle had a public equity market capitalization of approximately $635.2 billion as of Aug 31, 2025 (NYSE: ORCL), per StockAnalysis period-end data.