Alibaba Wants HK$80 Billion For AI, But Gives No Share Count
The placement would be the largest primary follow-on ever by a Hong Kong-listed company. Every pricing figure being quoted comes from a term sheet, not from Alibaba.
Aug 23, 2026

The placement would be the largest primary follow-on ever by a Hong Kong-listed company. Every pricing figure being quoted comes from a term sheet, not from Alibaba.
Aug 23, 2026

An extension is what a company raises when it wants more capital without testing a new priced round — and a post-money that includes the cheque is not a doubling.
Aug 22, 2026

The Colossal spin-out has raised $60m in total and reports a valuation 63 times that. Between the two sits a candidate gene list.
Aug 21, 2026

The software moves by licence, 109 researchers move by individual job offer, and a separate $1bn buys equity at a $12bn pre-money. No company changes hands.
Aug 21, 2026

Nothing has been granted, the specifics could not be learned — and the trust that elects most of the board is being kept, not replaced.
Aug 19, 2026

The employee tender cleared at $852bn — exactly the March mark. OpenAI funded it itself rather than bringing in outside buyers.
Aug 12, 2026

Valar Atomics raised the largest disclosed round of the window, six weeks after its reactor became the first to power an Nvidia accelerator directly. The company disclosed the money and the investors — and no valuation at all.
Aug 4, 2026

Three vehicles: a $400 million seed fund, a $900 million venture fund, and $700 million added to an existing 2024 growth fund. The $3.5 billion figure is something else again.
Aug 1, 2026

Recursive Superintelligence is spending most of what it raised in May on compute for a system meant to improve itself. Its co-founder calls it one of the smallest deals the company will sign.
Jul 29, 2026

Safe Superintelligence has no product, no revenue and no public research. It now has an Nvidia stake and a commitment to raise its compute tenfold on Vera Rubin.
Jul 28, 2026

The lab verbally told some would-be backers it will not sign in the coming days, shelving a raise of at least 10 billion yuan at a pre-money valuation of at least 480 billion — after leaked remarks attributed to its founder went viral.
Jul 26, 2026

Motion Brain added roughly 100 million yuan to a Pre-A round it first closed in May. The revenue it reports is cash collected rather than booked, and the round labels take some untangling.
Jul 26, 2026

Prentis, launched in April and run by chief executive Ritankar Das, is in talks to raise $100 million at a $1 billion valuation. Nothing is signed, and the revenue figures attached to it are a projection and a ceiling.
Jul 26, 2026

The Bengaluru AI coding startup quintupled its valuation in six months by aiming at people who cannot code — 70% of its users have never written a line — and now runs at $120 million in annualized revenue.
Jul 16, 2026

Instead of scraping the web for speech, the San Francisco startup runs its own recording studio — a data strategy its CEO argues is the only way to fix voice agents that still feel like an IVR with a nicer voice.
Jul 16, 2026

Bankers at Goldman Sachs, Morgan Stanley and JPMorgan are scheduling meetings between prospective investors and Anthropic executives — an early step toward what would be the largest AI listing yet, and one that would beat OpenAI to public markets.
Jul 16, 2026

Justin McLeod's new venture uses AI to make highly curated, voice-first introductions — and he's adamant it is not a dating app. Backers include Hinge parent Match Group, FirstMark and Pace Capital.
Jul 15, 2026

The Hangzhou lab behind the open-weight model that rattled the industry is reportedly seeking fresh capital at a roughly $71 billion valuation — barely a month after its first outside round — while preparing a mainland-China listing.
Jul 15, 2026

Founded by ex-SpaceX engineers, the startup retrofits excavators and dozers for remote and semi-autonomous operation, headlined by a $100M Series A led by Kleiner Perkins — with an eventual eye on building on the Moon and Mars.
Jul 15, 2026

The drug-discovery lab's Series C, led by Index Ventures, roughly triples its valuation in seven months as its models push AI-designed antibodies toward Pfizer, Eli Lilly and Novartis.
Jul 15, 2026

The Seattle startup uses body-worn cameras and computer vision to keep a live digital map of physical spaces — and is now taking that 'spatial AI' from store shelves into warehouses, factories and hospitals.
Jul 14, 2026

The Munich defense-AI company pulled in Goldman Sachs Alternatives, Iconiq, Lightspeed and Canada's pension fund in a round where demand 'significantly' outstripped the allocation — cementing Europe's answer to Anduril.
Jul 14, 2026

The Stockholm 'vibe-coding' startup is reportedly raising about $300 million led by existing backer Menlo Ventures — twice the $6.6 billion it commanded in December — on the back of $500 million in annualized revenue.
Jul 9, 2026

Radical Ventures led the round for the startup whose reinforcement-learning stack turns enterprises into model trainers — with Nvidia, Intel and Dell joining and revenue already running past $100 million a year.
Jul 9, 2026

Josh Kushner's holding company is pulling in outside capital from SoftBank, Altimeter and D1 to roll up accounting and IT firms — with OpenAI embedded as a shareholder and engineering partner.
Jul 9, 2026

Khosla Ventures led the Series C into a company embedding law directly into AI agents — with clients running compliance on more than $30 trillion in assets, Blackstone among them.
Jul 8, 2026

The energy-first data-center builder supplying Meta and Oracle may triple its valuation to about $30 billion in nine months — the clearest mark yet of how hot AI-infrastructure capital has run.
Jul 7, 2026

General Atlantic is leading the first outside money into China's video-generation champion as Kuaishou preps a Hong Kong spin-off — while Beijing tells its AI firms to think twice about US capital.
Jul 7, 2026
The video-AI startup drew backing from NEA, Naver and Amazon to push its Marengo and Pegasus models from search toward reasoning over the world's video archives.
Jul 5, 2026
