Funding
Source reports covering Funding. Stories will appear when analysis and community reactions are ready.
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Source reports
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
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1 min read
OpenAI is reportedly negotiating a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation, with Coatue and UAE investors expected to lead the financing, CNBC reported. Bloomberg reported a month earlier that OpenAI was pursuing $30 billion at a $1.4 trillion valuation. Terms remain under negotiation and could change, according to both outlets. CNBC also reported that UAE funding could be paired with an agreement to provide OpenAI with additional computing capacity. OpenAI declined to comment. A valuation above $1 trillion would make OpenAI the most highly valued private company on record. OpenAI confidentially filed IPO paperwork in June, following a March funding round that valued the ChatGPT maker at $852 billion post-money. The reported private raise would occur instead of an immediate IPO and would set a higher benchmark for any eventual public listing. CNBC reported that Anthropic is seeking a $1.5 trillion to $2 trillion valuation for its public-market debut. Anthropic raised $65 billion at a $965 billion valuation in May and confidentially filed IPO paperwork in June.
Nvidia dramatically reduces amount of OpenAI infra financing it may guarantee
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1 min read
Nvidia is scaling back its potential $250 billion guarantee for OpenAI's data center financing. This reduction reflects a shift in Nvidia's commitment to supporting OpenAI's infrastructure needs.
Lovable raises $400M Series C
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8 min read
Lovable has raised $400 million in Series C funding, achieving a valuation of $13.3 billion. The funding round was led by Menlo Ventures and included participation from various global investors such as Balderton Capital, Tencent, and Accel.
OpenRouter raises $113M Series B
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2 min read
OpenRouter has secured $113 million in a Series B funding round, led by CapitalG with participation from several venture capital arms including NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures, AMP PBC, and Pace Capital. Existing investors also contributed to this funding round.
Anthropic raises $65B in Series H funding at $965B post-money valuation
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4 min read
Anthropic has raised $65 billion in Series H funding, achieving a post-money valuation of $965 billion. The company reports increased adoption of its AI model, Claude, across global enterprises and among individual users.
OpenAI closes funding round at an $852B valuation
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2 min read
OpenAI closed a funding round totaling $122 billion, achieving a post-money valuation of $852 billion. SoftBank co-led the round with participation from investors including Andreessen Horowitz and D. E. Shaw Ventures.
DigitalOcean Seeks $800M in Funding
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1 min read
DigitalOcean is seeking to raise $800 million in an underwritten offering of over 10.38 million shares, increased from an initial target of $700 million. The funding will be used to expand capacity for its cloud and AI platform and to pay down existing loans.
Yann LeCun's AI startup raises $1B in Europe's largest ever seed round
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1 min read
Yann LeCun's AI start-up has successfully raised over $1 billion, marking the largest seed funding round in Europe. This significant investment reflects growing interest and confidence in AI technologies.
OpenAI eyes global domination with $110B Amazon and NVIDIA raise, value hits $840B
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3 min read
OpenAI has raised $110 billion in funding, achieving a valuation of $840 billion. This funding round includes $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon, with additional investors potentially joining.
OpenAI raises $110B on $730B pre-money valuation
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3 min read
OpenAI has raised $110 billion in private funding, marking one of the largest funding rounds in history. The investment includes $50 billion from Amazon and $30 billion each from Nvidia and SoftBank, with a pre-money valuation of $730 billion.
OpenAI Funding Round Nears Record $100B Raise as Valuation Targets $850B
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2 min read
OpenAI is in a funding round projected to raise nearly $100 billion, with a valuation target of $850 billion. Key investors include Microsoft, Amazon, Nvidia, and SoftBank, with Amazon potentially investing up to $50 billion.
Fei-Fei Li's World Labs raised $1B from A16Z, Nvidia to advance its world models
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1 min read
World Labs, founded by AI pioneer Fei-Fei Li, raised $1 billion in funding, with Autodesk Inc. investing $200 million. Other investors include Andreessen Horowitz, Nvidia Corp., and Advanced Micro Devices Inc.
Anthropic raises $30B in Series G funding at $380B post-money valuation
news
5 min read
Anthropic has raised $30 billion in Series G funding, achieving a post-money valuation of $380 billion. The funding round was led by GIC and Coatue, with participation from notable investors including D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX, aimed at advancing research, product development, and infrastructure in enterprise AI and coding.