AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.
433 articles
Jane Street-backed AI chip startup Etched confirmed its valuation surged past $21 billion in less than a month, fueled by investor enthusiasm for AI inference demand. The jump follows the successful delivery of Etched's first commercial AI cluster system. Source: reuters.com
Rillet, a two-year-old company building what it calls the first fully AI-native accounting platform, raised a $100 million Series C round that values it at $1 billion. Its founder says the goal is to free CFOs from tedious manual work and give them their weekends back. Source: finance.yahoo.com
Etched, a company building advanced AI inference clusters, announced a $700 million funding round that values the firm at $21 billion. The raise coincides with the completed delivery of its first customer system to Jane Street. Source: globenewswire.com
AI startup Higgsfield quadrupled its valuation to $5.4 billion after closing a $400 million Series B round. The San Francisco company had already reached unicorn status earlier, and a key strategic pivot is credited with driving its rapid growth. Source: inc.com
AI video platform Higgsfield secured a $400 million Series B round, pushing its valuation to $5.4 billion. The company reported its annualized revenue jumped to $700 million this month, up sharply from just $20 million a year ago. Source: qz.com
AI coding startup Lovable doubled its valuation to $13.3 billion in under a year. Investors are betting the company can expand beyond software creation as demand for AI-generated apps keeps rising. Source: inc.com
Voice-to-text AI startup Wispr Flow raised $280 million in a Series B round led by Menlo Ventures, with participation from Notable Capital, NEA, 8VC, and MVP. The deal values the company at $2 billion. Source: newscord.org
AI video and image creation platform Higgsfield, popular with professional creators, brands, and studios, closed a $400 million Series B round. The company said its annualized revenue has climbed to $700 million. Source: prnewswire.com
Higgsfield, founded by former Snap executive Alex Mashrabov, raised a $400 million Series B round. The startup lets users generate AI images and videos, and its valuation has grown fourfold since earlier this year. Source: techcrunch.com
Wispr Flow, a startup building AI-powered voice dictation tools, has nearly tripled its valuation to $2 billion within nine months. The surge reflects strong investor appetite for voice-based productivity software. Source: reuters.com
Stripe is reportedly acquiring OpenRouter, a startup providing unified API access to hundreds of AI models, in a deal worth more than $7 billion. The company was previously valued at just $1.3 billion, marking a massive jump in valuation. Source: pluang.com
Stripe has finalized the acquisition of OpenRouter for $7 billion, a significant step into AI infrastructure. The platform connects users to more than 400 AI models and serves around 8 million users globally. Source: en.cryptonomist.ch
Vals AI has closed a $40 million Series A round at a $400 million valuation, fueling growth of its independent platform for evaluating AI model performance. The company says its revenue has grown eightfold as demand for AI benchmarking tools rises. Source: pulse2.com
A weekly roundup highlights the largest venture funding rounds of 2026, focusing on U.S.-based startups that raised over $100 million. Leading sectors include data infrastructure, AI infrastructure, defense technology and AI-powered coding tools. Source: news.crunchbase.com
The fresh capital arrives two years after Databricks secured $10 billion in non-dilutive financing that had pushed its valuation to $62 billion. The new round marks a sharp jump in the company's worth in a short period. Source: mobihealthnews.com
Blacksmith, a San Francisco-based startup building AI-powered code testing tools, has closed a $45 million Series B round led by Peak XV Partners. The investment values the company at $550 million. Source: bwdisrupt.com
Anthropic has closed a $65 billion funding round, pushing its post-money valuation to $965 billion. The deal makes it one of the most valuable private companies in the world. Source: stocktwits.com
Databricks initially sought $1 billion, but investor demand pushed the round far beyond that figure. CEO Ali Ghodsi told TechCrunch that AI development is costly, and with so much investor interest, the company ended up raising $5 billion at a $190 billion valuation. Source: techcrunch.com
Lovable Labs Inc. announced a $400 million Series C funding round that values the Swedish AI coding company at $13.3 billion, roughly double its previous valuation. Source: siliconangle.com
The Swedish AI coding startup confirmed a new $400 million funding round that values the company at $13.3 billion. The raise follows Lovable reaching $500 million in annualized run rate revenue back in June, according to the company. Source: techcrunch.com