Money & Moves

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

31 recent items

  1. Sources: Cerebras is seeking to raise as much as $4B in its IPO and is targeting a valuation of about $40B (Bloomberg)
    Techmeme ·
    Cerebras has filed for an IPO seeking to raise up to $4B at a ~$40B valuation, a major public offering for the wafer-scale AI chipmaker.
  2. Sources: Coatue formed Next Frontier in 2025 to buy land for data centers; Next Frontier has a JV with neocloud Fluidstack that's raised $5.7B via junk bonds (Wall Street Journal)
    Techmeme ·
    Coatue formed Next Frontier to acquire data center land, and its JV partner Fluidstack has raised $5.7B via junk bonds to fund neocloud buildout—a significant bet on AI infrastructure capacity.
  3. Amazon’s Up to $20 Billion Anthropic Investment Will Be Convertible Financing
    The Information ·
    Amazon's up to $20 billion Anthropic investment will take the form of a convertible financing facility callable once Amazon meets certain delivery milestones.
  4. Sources: Peter Thiel's Founders Fund raised $6B for a fund to invest in later-stage companies, marking its largest haul ever; $4.5B comes from limited partners (Natasha Mascarenhas/Bloomberg)
    Techmeme ·
    Founders Fund raised $6B, its largest fund ever, to invest in later-stage companies, signaling increased capital deployment for growth-stage bets.
  5. Sources: KKR has secured $10B+ to launch Helix Digital Infrastructure, a company led by ex-AWS CEO Adam Selipsky that will develop and operate AI infrastructure (Bloomberg)
    Techmeme ·
    KKR has raised $10B+ to launch Helix Digital Infrastructure, a new AI infrastructure company led by ex-AWS CEO Adam Selipsky, representing a massive capital bet on AI compute deployment.
  6. Sources: Anthropic has begun weighing a new funding round at a $900B+ valuation, after previously resisting investor proposals at an $800B+ valuation (Bloomberg)
    Techmeme ·
    Anthropic is actively considering a new funding round that would value the company at over $900 billion, up from previously resisted investor proposals at $800B+, signaling extraordinary market confidence in the AI frontier lab.
  7. OpenAI says it has signed contracts for 10GW of US AI compute capacity, with 3GW+ added in the past 90 days, hitting a goal it once aimed to reach by 2029 (Dina Bass/Bloomberg)
    Techmeme ·
    OpenAI has signed contracts for 10GW of US AI compute capacity, adding 3GW+ in 90 days and reaching a goal previously targeted for 2029.
  8. Meta raises its 2026 capital expenditures to between $125B and $145B, far exceeding analysts' estimates, after previously forecasting $115B to $135B (Riley Griffin/Bloomberg)
    Techmeme ·
    Meta raises 2026 capex guidance to $125-145B, up from $115-135B, crushing analyst estimates and signaling massive AI infrastructure investment at scale.
  9. Sources: SoftBank plans to create an AI and robotics company called Roze in the US to build data centers and list it as early as 2026, seeking a $100B valuation (Financial Times)
    Techmeme ·
    SoftBank is creating a US-based AI and robotics company called Roze to build data centers, targeting a $100B valuation with a potential 2026 IPO.
  10. Coby Adcock’s Scout AI raises $100 million to train its models for war. We visited its bootcamp.
    TechCrunch AI ·
    Scout AI raised $100M to build AI agents that let individual soldiers command fleets of autonomous vehicles, a significant bet on military AI autonomy.
  11. Microsoft Gives Up Exclusive Rights to Sell OpenAI Models
    The Information ·
    Microsoft and OpenAI amended their deal, allowing OpenAI to sell models on competing clouds and dropping revenue-sharing provisions.
  12. Ineffable Intelligence, founded by ex-Google DeepMind Principal Scientist David Silver, raised a $1.1B seed at a $5.1B valuation to build AI "superlearners" (Will Knight/Wired)
    Techmeme ·
    Ineffable Intelligence, founded by DeepMind Principal Scientist David Silver, closed a $1.1B seed round at $5.1B valuation to build AI "superlearners" using reinforcement learning approaches.
  13. A $16B financing for a giant Oracle data center in Michigan has closed, with BofA selling $14B in bonds; Oracle plans to use the campus to power apps for OpenAI (Bloomberg)
    Techmeme ·
    Oracle closed a $16B financing package for a Michigan data center, with BofA leading $14B in bond sales, to host compute infrastructure specifically for OpenAI workloads.
  14. Anthropic says Google is committing to invest $10B now in cash at a $350B valuation and will invest another $30B if Anthropic hits performance targets (Bloomberg)
    Techmeme ·
    Google commits $10B upfront to Anthropic at a $350B valuation, with up to $30B more tied to performance targets, signaling deepening strategic partnership.
  15. Canada's Cohere and Germany's Aleph Alpha agree to a merger deal valuing the combined group at ~$20B to work on sovereign AI; both governments support the deal (Financial Times)
    Techmeme ·
    Cohere and Aleph Alpha merger creates a ~$20B entity backed by Canadian and German governments, consolidating two major non-US AI players under a sovereign AI strategy.
  16. Meta and Amazon reach a multi-billion, multiyear deal for Meta to rent hundreds of thousands of Amazon's Graviton chips for its AI efforts (Matt Day/Bloomberg)
    Techmeme ·
    Meta signs multi-billion dollar, multiyear agreement to rent hundreds of thousands of Amazon Graviton chips for AI inference workloads, signaling a major cloud compute partnership.
  17. Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~$900M loss in its last fiscal year on $770M in total revenue (The Information)
    Techmeme ·
    Cursor reached $2.7B annualized sales in March, up 14x year-over-year, despite a ~$900M loss on $770M revenue, signaling massive growth in AI code editing tools.
  18. Tesla discloses $2B AI hardware company acquisition in filing
    HN · Acquisition ·
    Tesla disclosed a $2B acquisition of an AI hardware company in a regulatory filing, a significant strategic move into AI infrastructure.
  19. Sources: SpaceX has agreed to buy Cursor for $50B+; SpaceX says it is working with Cursor to "create the world's best coding and knowledge work AI" (New York Times)
    Techmeme ·
    SpaceX agrees to acquire Cursor for $50B+, representing the largest acquisition in AI tooling history and consolidating Musk's AI ambitions into a single coding platform.
  20. Microsoft plans to invest AU$25B by 2029 to expand Azure AI supercomputing and cloud infrastructure in Australia, its largest commitment to the country (Ainslie Chandler/Bloomberg)
    Techmeme ·
    Microsoft commits AU$25B (~US$18B) through 2029 to expand Azure AI supercomputing and cloud infrastructure in Australia, its largest single-country investment.
  21. Tencent, Alibaba in Talks to Invest in DeepSeek at $20 Billion-Plus Valuation
    The Information ·
    Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, the AI upstart's first external fundraising round.
  22. Vast Data, which makes software infrastructure for managing large amounts of data with a focus on AI applications, raised a $1B Series F at a $30B valuation (Kai Nicol-Schwarz/CNBC)
    Techmeme ·
    Vast Data raised $1B Series F at a $30B valuation, backed by Nvidia, to expand its AI data infrastructure platform.
  23. Google unveils a new TPU lineup consisting of the TPU 8t for AI training and the TPU 8i for inference, with general availability scheduled for later in 2026 (Ian King/Bloomberg)
    Techmeme ·
    Google announces TPU 8t for training and TPU 8i for inference, general availability later in 2026, a direct challenge to Nvidia's AI chip dominance.
  24. Amazon agrees to invest up to $25B in Anthropic, on top of the $8B that it has already invested; Anthropic commits to spend $100B+ on AWS over the next 10 years (Ashley Capoot/CNBC)
    Techmeme ·
    Amazon commits up to $25B additional investment in Anthropic on top of $8B already deployed, with Anthropic pledging $100B+ in AWS spend over a decade, deepening the most significant cloud-AI partnership in the industry.
  25. OpenAI enables cost-per-click ads inside ChatGPT, setting bids at between $3 and $5 per click, in addition to CPMs (Digiday)
    Techmeme ·
    OpenAI has launched cost-per-click ads inside ChatGPT with bid floors of $3–5 per click, marking a significant monetization pivot for the consumer AI product.
  26. Sources: Jeff Bezos' Project Prometheus is close to a $10B fundraising deal, which includes an initial $6.2B raise in November, at a $38B post-money valuation (Financial Times)
    Techmeme ·
    Jeff Bezos' Project Prometheus is raising up to $10B at a $38B post-money valuation, building on a $6.2B tranche raised in November.
  27. Anthropic Has Received Investor Interest at $800 Billion Valuation
    The Information ·
    Anthropic has received investor expressions of interest at an $800B valuation, though the company has no current plans to raise capital.
  28. Sources: Cursor is in advanced talks to raise about $2B co-led by a16z at a valuation of more than $50B, not including the investment, with Nvidia participating (Bloomberg)
    Techmeme ·
    Cursor is in advanced talks to raise ~$2B co-led by a16z at a post-money valuation exceeding $50B, with Nvidia participating—this would be one of the largest AI startup rounds to date.
  29. Sources: Recursive Superintelligence, a four-month-old start-up developing self-teaching AI and founded by ex-DeepMind and OpenAI engineers, has raised $500M+ (Financial Times)
    Techmeme ·
    Recursive Superintelligence, a four-month-old startup founded by ex-DeepMind and OpenAI engineers working on self-teaching AI, has raised over $500M in funding.
  30. Sources: DeepSeek is in talks to raise outside capital for the first time, seeking at least $300M at a valuation of at least $10B (The Information)
    Techmeme ·
    DeepSeek is reportedly raising outside capital for the first time, seeking at least $300M at a valuation of at least $10B, signaling a major funding milestone for the Chinese AI lab.
  31. Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras (The Information)
    Techmeme ·
    OpenAI commits $20B+ to Cerebras for server chips, potentially receiving equity, signaling a major AI infrastructure supply chain shift.