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Databricks has closed a $5bn round at a $190bn valuation, led by Coatue, with revenue run-rate past $7bn and growth above 80% year on year. That is a 42% valuation increase in six months, and it comes after chief executive Ali Ghodsi called 2026 a bad year to go public. Databricks has closed $5bn at […]
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Databricks Closes $5 Billion Round at $190 Billion Valuation Read More »
Almost every AI business sells a product. Someone builds a model or a tool, licenses it, and hopes the customer works out what to do with it. Thrive Holdings inverts that. It buys accounting firms and IT services companies outright, puts its own engineers inside them, and rebuilds how the work gets done. It now […]
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Josh Kushner raised $2bn to buy the companies AI is coming for Read More »
Code review is the step where somebody reads a change before it ships. A developer proposes an edit, opens what the trade calls a pull request, and a colleague checks it for bugs and security holes. It is slow and unglamorous work. Until recently it was also manageable, because roughly one human wrote each change […]
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CodeRabbit raised $143m to read the code AI wrote Read More »
Legora, the Swedish legal-AI company that has become one of Europe’s fastest-rising startups, is reportedly seeking to raise fresh funds at a valuation of more than $10bn. If it lands, the deal would roughly double the figure investors put on the business only months ago, a pace that says as much about the frenzy around […]
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Legora is reportedly chasing a $10bn valuation, barely a season after its last raise Read More »
Anthropic is reportedly in talks to acquire Decart, an Israeli AI startup, for roughly $6bn, according to reports attributed to Reuters. If it happens, it would be the largest deal in Anthropic’s history. The talks are not final, both companies declined to comment, and the whole thing could still fall apart. What makes the story […]
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Anthropic is reportedly in talks to buy Decart for $6bn, its biggest deal yet Read More »
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and it is now one of Europe’s most valuable startups. Eight months ago it raised […]
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‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder Read More »
Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term revenue to come from. The structure is $450m in cash and roughly $50m in Joby […]
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Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of generative AI has led the market to sort companies bluntly into […]
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River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto company was founded by Igor Babuschkin, a co-founder of xAI. The pitch is that companies […]
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River AI raised $1.1bn to let companies train and keep their own models Read More »
Nick Blair, a son of former UK prime minister Tony Blair, is trying to raise around $200m for a defence-tech startup that has not yet launched, reported by the Financial Times and described as ongoing and unconfirmed. The company, London-based Pyra, is said to be in talks with investors that are not finalised, which makes […]
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Nick Blair seeks $200m for pre-launch defence-tech startup Pyra Read More »