Megadose AI progress, ranked and analyzed.

Money & Moves

Latest Money & Moves on Megadose. AI news ranked, decayed, deduped.

35 recent items

  1. Data center developer Crusoe raised $3.9B co-led by Atreides, Valor, and Mubadala at a ~$30.9B post-money valuation, as it bets on factory-built data centers (Anissa Gardizy/Wall Street Journal)
    Techmeme ·
    Crusoe raised $3.9B at a $30.9B valuation to expand factory-built AI data centers after building major OpenAI infrastructure.
  2. Sources: Manus is set to soon close a $500M funding round at a $4B valuation, signaling growing confidence after Beijing unwound its $2B buyout by Meta (Bloomberg)
    Techmeme ·
    Manus is reportedly raising $500M at a $4B valuation after its blocked Meta buyout, marking a major AI financing event.
  3. Sources: a group of 10 banks is providing a $22B loan to Blackstone and Alphabet's venture Crux AI, which provides compute for AI labs, to fund TPU purchases (Bloomberg)
    Techmeme ·
    Crux AI is securing $22B in debt financing to buy TPUs, underscoring the scale of AI compute infrastructure demand.
  4. Source: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round (Valida Pau/The Information)
    Techmeme ·
    Instinct is reportedly seeking a $1B round at a $10B valuation, signaling intense investor demand for AI assistant startups.
  5. Sources: OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO (Financial Times)
    Techmeme ·
    OpenAI is reportedly discussing a private round at a $1.2 trillion valuation before its planned IPO.
  6. Temporal, which makes open-source software that helps apps, including AI agents, recover from failure, raised $550M led by Lightspeed at a $12.55B valuation (Anhata Rooprai/Reuters)
    Techmeme ·
    Temporal raised $550 million at a $12.55 billion valuation, underscoring demand for resilient orchestration infrastructure for AI agents and applications.
  7. Z.ai says it plans to raise $5B+ via equity and debt to fund its AI investments, including ~$2B through a share placement, after raising $4B in July (P.R. Venkat/Wall Street Journal)
    Techmeme ·
    Z.ai plans to raise over $5B in equity and debt, signaling another major capital push for AI expansion.
  8. Source: Anthropic signed a $13.7B, six-year deal to lease compute from Rum Group's upcoming Georgia data center; Rum operates Rumble and hosts Truth Social (The Information)
    Techmeme ·
    Anthropic reportedly committed $13.7B to lease data-center compute, underscoring frontier labs’ escalating infrastructure race.
  9. Sources: Anthropic is in talks to bring on Nvidia as an anchor investor in its IPO, seeking up to $100B at a ~$2T valuation; Nvidia may invest up to $10B (Reuters)
    Techmeme ·
    Anthropic is reportedly courting Nvidia as a major IPO anchor investor in a massive financing that could reshape AI capital markets.
  10. Sources: Jeff Dean is raising funds again for Discovery Loop, seeking a valuation of ~$50B; Discovery Loop was raising $1B at a ~$10B valuation a few weeks ago (Ben Bergman/Business Insider)
    Techmeme ·
    Jeff Dean's Discovery Loop is reportedly seeking funding at a $50 billion valuation, weeks after targeting $10 billion.
  11. LinkedIn profiles show Google appears to have completed its talent deal, reportedly for $1.5B+, with AI coding startup Mechanize (Business Insider)
    Techmeme ·
    Google reportedly completed a $1.5B-plus talent deal for AI coding startup Mechanize, intensifying competition for agentic coding talent.
  12. Sources: Cohere is in advanced talks to raise between $2B and $3B, including financing from the Canadian government and existing backers, at a $20B valuation (Globe and Mail)
    Techmeme ·
    Cohere is reportedly nearing a $2B-$3B raise at a $20B valuation, reinforcing investor demand for enterprise AI labs.
  13. Positron, which is designing an AI processor called Asimov with a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation (Robbie Whelan/Wall Street Journal)
    Techmeme ·
    Positron raised $875 million at a $5 billion valuation to develop Asimov, a memory-first AI processor for large-scale inference.
  14. Kepler Computing, which claims its 3D stacking and new material can increase HBM and SRAM density without relying on EUV, emerges from stealth with $468M (Lauren Goode/Wired)
    Techmeme ·
    Kepler Computing emerged from stealth with $468M to commercialize memory technology aimed at easing AI compute bottlenecks.
  15. Sources: Salesforce has been in talks to buy Listen Labs, an AI-powered customer research platform for $2B; Listen Labs was valued at $500M earlier this year (Business Insider)
    Techmeme ·
    Salesforce is reportedly discussing a $2B acquisition of Listen Labs, signaling major consolidation in AI-powered customer research.
  16. Analog Devices agrees to buy privately held Alif Semiconductor, which makes low-power AI processors, for $1.35B in cash, with contingent payments up to $200M (Anhata Rooprai/Reuters)
    Techmeme ·
    Analog Devices agreed to acquire Alif Semiconductor for $1.35B, expanding its low-power AI processor portfolio.
  17. Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg)
    Techmeme ·
    Harvey raised $550 million at a $15.6 billion valuation, reinforcing investor appetite for vertical AI incumbents.
  18. Google plans to invest €13B in Finland, its biggest investment in Europe to date, over two years to build three new data centers and expand an existing center (Kirsi Heikel/Bloomberg)
    Techmeme ·
    Google is committing €13B to Finnish data centers, expanding European AI infrastructure capacity at unusually large scale.
  19. Source: Gimlet Labs raised its $300M round after telling investors OpenAI may spend $100M+ annually on its services; OpenAI says it's not a paying customer yet (The Information)
    Techmeme ·
    Gimlet Labs raised $300M amid investor expectations of major OpenAI-related demand, despite OpenAI denying it is currently a customer.
  20. AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (Samantha Oltman/Bloomberg)
    Techmeme ·
    Cognition raised $2 billion at a $48 billion valuation as its AI coding business nears $900 million run-rate revenue.
  21. Mistral raised €3B led by Samsung at a €21B valuation, up from €11.7B a year ago, as it expands to building data centers instead of solely developing AI models (Adam Satariano/New York Times)
    Techmeme ·
    Mistral raised €3B at a €21B valuation, signaling a major push from model development into AI infrastructure.
  22. Mistral raises €3B as sovereign AI becomes big business
    TechCrunch AI ·
    Mistral raised €3 billion at a €21 billion valuation, cementing sovereign AI as a major European capital theme.
  23. Sources: London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5B in financing, including $2B from Nvidia, ahead of a planned IPO (Bloomberg)
    Techmeme ·
    Nscale is reportedly seeking up to $3.5B in pre-IPO financing, including $2B from Nvidia, signaling major AI infrastructure demand.
  24. Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation (Iain Martin/Forbes)
    Techmeme ·
    Fluidstack reportedly raised $1.5B at an $18B valuation, underscoring investor demand for AI cloud infrastructure.
  25. Sources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating (Bloomberg)
    Techmeme ·
    Crusoe reportedly raised over $3 billion at a $30 billion valuation, underscoring investor demand for AI compute infrastructure.
  26. Sources: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year (The Information)
    Techmeme ·
    Thinking Machines Lab is reportedly negotiating a $1B-plus raise at a $40B-plus pre-money valuation.
  27. Sources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform (Bloomberg)
    Techmeme ·
    Crusoe reportedly secured a $13B AI infrastructure contract with Jane Street, signaling major demand for private GPU cloud capacity.
  28. Wonderful raises $550M for its enterprise AI agent platform
    TestingCatalog ·
    Wonderful raised $550M at a $5B valuation for its enterprise AI agent platform across customer, employee, and back-office workflows.
  29. Crusoe reportedly raises $3B at a $30B valuation
    TechCrunch AI ·
    Crusoe reportedly raised $3 billion after securing a major Jane Street contract, intensifying competition in AI data center infrastructure.
  30. Wonderful, which helps enterprises deploy AI, raised a $550M Series C led by Insight at a $5B valuation; investors also paid $170M for shares from employees (Yuliya Chernova/Wall Street Journal)
    Techmeme ·
    Wonderful raised $550M at a $5B valuation, signaling major investor demand for enterprise AI deployment platforms.
  31. Sources: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest (Bloomberg)
    Techmeme ·
    Cognition is reportedly raising $1B at a $47B valuation, signaling intense investor demand for AI coding agent companies.
  32. [AINews] NVIDIA buys HuggingFace for $13B, as OpenAI publishes their HF incident retro
    Latent Space ·
    NVIDIA’s reported $13B Hugging Face acquisition would reshape open-source AI distribution and developer infrastructure ownership.
  33. Nvidia agrees to acquire Hugging Face for $13B
    HN · Acquisition ·
    Nvidia’s $13B Hugging Face acquisition would reshape open-model distribution, developer tooling, and AI infrastructure consolidation.
  34. [AINews] Poolside gets $12B reverse-execuhire to NVIDIA; founders stay for $1B, employees go for $6B, Infraco scaling to 7GW neocloud
    Latent Space ·
    NVIDIA is reportedly absorbing Poolside talent and infrastructure in a multibillion-dollar deal tied to large-scale AI cloud capacity.
  35. Stripe agrees to buy New York-based OpenRouter for an undisclosed amount; Stripe had reportedly agreed to pay more than $7B for OpenRouter (Bloomberg)
    Techmeme ·
    Stripe agreed to acquire OpenRouter in a deal reportedly above $7B, consolidating a major AI model-routing marketplace.