Investors and funding

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Google puts $750 million behind the consultants it needs to close the cloud gap

Summary: Google announced a $750 million fund at Cloud Next 2026 to finance partners’ agentic AI development, the largest single partner investment from any hyperscaler. Accenture has built 450+ agents, Deloitte committed its “largest investment yet,” KPMG pledged $100M, PwC $400M, and NTT DATA dedicated 5,000 engineers. With partners capturing up to $7.05 for every […]

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SpaceX secures option to buy AI coding startup Cursor for $60B

SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition. The structure gives SpaceX optionality: exercise the call by year end or walk away having paid $10B for shared compute access and joint model work. Cursor CEO Michael Truell called it a partnership to ‘scale up […]

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A Japanese TV shopping company bet on Anthropic in 2021, and now it is quadrupling its fund

Summary: Japanet Holdings, the Japanese TV shopping company based in Nagasaki, has quadrupled its venture capital fund to $200 million after early investments through Pegasus Tech Ventures in Anthropic, xAI, SpaceX, and OpenAI generated extraordinary paper returns. Anthropic alone has appreciated from a $550 million valuation in 2021 to $380 billion in 2026. The expansion […]

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A Japanese TV shopping company bet on Anthropic in 2021, and now it is quadrupling its fund Read More »

Amazon puts up to $25 billion more into Anthropic and secures 10-year cloud commitment in return

The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]

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Amazon puts up to $25 billion more into Anthropic and secures 10-year cloud commitment in return Read More »

AirTrunk acquires Lumina CloudInfra to enter India with 600MW of planned capacity

The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific data centre platform a foothold in India’s hyperscale market without a third-party acquisition. Terms were not disclosed. AirTrunk, […]

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Australia’s NEXTDC launches A$2.2 billion capital plan

The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]

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Cursor is raising $2 billion at a $50 billion valuation as AI coding tools become the fastest-growing software category

In short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has grown from zero to $2 billion ARR in three years – the fastest B2B […]

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Cursor is raising $2 billion at a $50 billion valuation as AI coding tools become the fastest-growing software category Read More »

Sequoia raises $7 billion for its biggest-ever late-stage fund

The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in November 2025, are making the raise their opening statement on the AI era. Sequoia Capital has raised approximately $7 billion for a new fund, […]

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Solidroad raises $25 million to replace manual customer support QA with AI that reviews every conversation

In short: Solidroad, a Dublin and San Francisco startup founded by Intercom alumni, has raised $25 million in a Series A led by Hedosophia to automate customer support quality assurance using AI. The platform reviews 100% of customer interactions versus the industry standard of 1-3%, and counts Ryanair, Crypto.com, and Oura among its customers. Solidroad, […]

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Solidroad raises $25 million to replace manual customer support QA with AI that reviews every conversation Read More »

The fintech that pivoted because of Kanye West just hit a $1.4B valuation with $100M from Khosla and Ribbit

Slash, the vertical banking platform built by two college dropouts, has raised a $100M Series C backed by Khosla Ventures and Ribbit Capital. The company’s valuation has nearly quadrupled since its May 2025 Series B, the latest leg of a comeback story that began when its core market evaporated overnight. Slash, the San Francisco-based vertical […]

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The fintech that pivoted because of Kanye West just hit a $1.4B valuation with $100M from Khosla and Ribbit Read More »

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