Nvidia is paying Poolside $6 billion to license its 'Model Factory' software, investing $1 billion more at a $12 billion valuation, and hiring 109 of the staff who built it — while insisting the deal isn't an acquisition.
OpenAI just let employees cash out $7 billion in stock at an $852 billion valuation — two months after a confidential SEC filing, and before a single public share trades.
Stripe is paying more than $7 billion for OpenRouter, a ~50-person startup that routes 400+ AI models and skims about 5% off every request. Here's why the payments giant just bought the AI tollbooth.
Groq raised $350M at a $3.5B valuation — half its $6.9B peak — after Nvidia licensed its tech and hired its founder. Inside the AI inference chip-maker's cloud pivot.
Etched, a transformer-only AI chip startup, just doubled to a $21 billion valuation on a $700M round led by Jane Street — with $1B in booked orders and one very concentrated bet.
Higgsfield raised a $400M Series B at a $5.4B valuation on $700M of annualized revenue — the fastest-growing proof that AI video finally has a real business model.
Databricks planned to raise $1 billion. Investors offered $15 billion. It took $5 billion at a $190 billion valuation — on a $7 billion run-rate growing 80% a year.
Google cut Gemini 3.7 Flash to $0.75/$3.75 per million tokens — a 50% intro discount aimed straight at Claude and GPT, with the price snapping back Jan 1, 2027.
OpenAI-backed Thrive Holdings raised $2B at a $12B valuation to buy accounting and IT firms and rewire them with AI.
Cognition, the maker of the Devin coding agent, is in talks to raise at a $40 billion valuation just 90 days after a $26 billion round — as its annual revenue run rate nears $1 billion.
Uber pledged more than $10 billion to autonomous vehicles and a goal of 120,000 driverless cars on its network — without building a single one. Inside the bet to own the app, not the car.
OpenAI made free ChatGPT unlimited on GPT-5.6 Luna and says GPT-5.6 Sol cuts factual errors 68% versus GPT-5.5 Instant.
