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OpenAI hits a $1.25 trillion valuation after raising $11 billion, while rival Anthropic moves toward an IPO despite cooling AI spending.
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AI
OpenAI hits a $1.25 trillion valuation after raising $11 billion, while rival Anthropic moves toward an IPO despite cooling AI spending.

AI
Mira Murati's Thinking Machines Lab is closing a $5 billion round led by Accel at a $40 billion pre-money valuation, more than tripling its previous value.

AI
Israeli startup 42AI has exited stealth with $62.5 million in seed funding and a 'behavioral world model' it says can predict how people will decide, even in new situations.

AI
Hex Technologies has raised $100 million in a Series D led by Peak XV at a $1.2 billion valuation, after rebuilding its data analytics platform around AI agents.

AI
OpenAI has locked in about $11 billion of a $30 billion round, per the WSJ, and now eyes up to $20 billion at a $1.25 trillion valuation as investors cool on AI.

AI
TypeSafe AI raised $870M at a $7.5B valuation in a Series A led by Andreessen Horowitz, with Sequoia Capital and others. A third of the Fortune 500 already use its Jev model.