Releases

Announcing its $250 million round at a $3 billion valuation, Replit said annualized revenue had grown from $2.8 million to $150 million in less than a year.

The Information reported that Perplexity's annual recurring revenue was approaching $200 million as it raised $200 million at a $20 billion valuation, up from the $150 million-plus ARR its communications team confirmed the month before.

Replit Agent 3

Perplexity raised $200 million at a $20 billion valuation.

At its Series C, Mistral claimed annualized revenue of €300 million, roughly ten times its level at the end of 2024. Converted from EUR 300,000,000 at 1.1744 USD per EUR (ECB reference rate on the release date).

OpenAI gpt-oss on OCI

CoreWeave Ventures

Mistral AI raised €1.7 billion in a Series C led by ASML at an €11.7 billion post-money valuation.

NVIDIA Rubin CPX

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