Patience has a price, and someone else is paying it. OpenAI may wait until 2027 to go public. The wait is meant to buy a bigger number. OpenAI is weighing a listing as late as 2027, Bloomberg reported. That timeline could see it go public after its rival Anthropic. Altman has reportedly rejected an earlier […]
For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding at a pre-money valuation of $200M, Sifted reported, citing three sources. That is roughly double its worth […]
Mirendil, founded by two researchers who left Anthropic after barely a year, has raised $200m at a $1bn valuation. The pitch: sell the self-improving AI that the big labs build for themselves and guard from everyone else. The biggest AI labs share one private conviction. The fastest way to build better AI is to point […]
Baidu’s AI chip unit Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday. In an unusual twist, the company asked prospective IPO investors to also commit to purchasing its semiconductors, according to the report. Reuters could not independently verify the report. The $50 […]
Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build its first data centre in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidia DSX AI Factory campus in Batam, an island just off the coast of Singapore, is being developed with Singapore-based DayOne and is set to go live in […]
Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the week at roughly $1.27 trillion. The stock has soared over 236% in the past month alone, reaching $1,132 a share. Before mid-2025, it spent years below $100. The surge followed blockbuster third-quarter earnings. Revenue quadrupled year on year to $41.45 billion. […]
The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “demand attention.” “Disappointment in returns could trigger a sudden pullback in […]
The Federal Trade Commission has cleared Elon Musk to acquire Mesh Optical Technologies, a startup founded by three former SpaceX engineers who build optical transceivers for AI data centers. The FTC granted early termination of its antitrust review on Wednesday, according to a pattern of Musk acquisitions that has accelerated since SpaceX went public this […]
Aseon Labs, a Redwood City startup building automated service pods for robotaxi fleets, has raised ten million dollars in a seed round led by Crane Venture Partners, TechCrunch has learned. Y Combinator, Uber co-founder Garrett Camp’s venture firm Expa, Robin Hood Ventures, and Founders Capital also participated, alongside angel investors including Mercury founder Immad Akhund, […]
Patronus AI has raised $50m to build simulated worlds where AI agents can be tested before they touch a real system. The pitch borrows from Waymo: train in a replica before you trust the road. AI agents are meant to do real work now. They book trips, write code and run financial analysis on their […]
