valuations
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Cursor raises $2 billion to scale AI coding infrastructure
Cursor secured $2 billion in Series E funding at a $50 billion valuation with participation from Nvidia and Thrive Capital. The company…
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The rise and fall of Graphcore
Graphcore developed the $2.8B IPU architecture to accelerate AI training by up to 100 times. After facing a liquidity crisis and a…
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Brett Adcock scales Figure AI via BMW deployment and $39B valuation
Figure AI reaches a $39 billion valuation following a massive Series C funding round. The company’s Figure 02 robot successfully completed 1,000…
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Mistral AI valuation and coding benchmark reality
Mistral AI reached a $24 billion valuation following a €3 billion Series D round led by Samsung Electronics. While Mixtral 8x22B shows…
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ElevenLabs valuation climbs to $22 billion as voice and dubbing tech diverge
ElevenLabs reached a $22 billion valuation in late September 2026 after reporting $600 million in annual recurring revenue. The company’s new Eleven…
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The rise and pivot of Inflection AI
Inflection AI transitioned from a personal AI startup valued at $4 billion to an enterprise-focused company after Microsoft hired Mustafa Suleyman and…
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The end of the OpenAI nonprofit mission
OpenAI is transitioning from a nonprofit to a Public Benefit Corporation following a massive $40 billion funding round. This shift follows years…
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Perplexity valuation and API rollout details
Perplexity negotiates a $9 billion valuation with investors including Nvidia and SoftBank while transitioning users from Sonar Chat Completions to the Agent…
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Helsing’s scale hits the US procurement wall
Helsing secured a $5.4 billion valuation led by General Catalyst, yet faces intense competition from Anduril, which boasts a $60 billion valuation.…
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CoreWeave IPO and the AI cloud pricing war
CoreWeave reached a $25 billion valuation following a $1.5 billion Nasdaq debut despite reporting a $863.4 million net loss in 2024. The…
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The economics of Databricks’ $62B Mosaic AI and Snowflake Cortex
Databricks reached a $62 billion valuation driven by its DBRX model, which offers high-speed text generation via Mosaic AI. Snowflake Cortex utilizes…
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