News

AI Startup Expands Ambition with Major Backing Poolside, the AI startup developing advanced models to assist software developers, is reportedly finalizing a significant funding round led by semiconductor leader Nvidia.According to Bloomberg, Nvidia plans to invest between $500 million and …

A Major Structural Shift Microsoft and OpenAI have finalized a landmark agreement that will allow OpenAI to restructure as a public benefit corporation (PBC), removing prior fundraising constraints and giving CEO Sam Altman greater flexibility to drive growth across the …

Deel Strengthens Its Global Payroll Dominance Global payroll and compliance leader Deel has raised $300 million in Series E funding, pushing its valuation to $17.3 billion. The round was led by Ribbit Capital, with participation from Andreessen Horowitz, Coatue Management, …

Elon Musk’s artificial intelligence company, xAI, is reportedly raising $20 billion in one of the largest private AI financing rounds to date, with Nvidia contributing $2 billion in equity. The funding round combines $7.5 billion in equity and $12.5 billion …

Bold Move by AI Startup Perplexity On August 12, 2025, artificial intelligence startup Perplexity made headlines by submitting an unsolicited all-cash offer of $34.5 billion to acquire Google’s Chrome browser. The bid significantly surpasses both Perplexity’s own valuation and public …

The private capital markets have a new milestone to dissect—OpenAI, the artificial intelligence company behind ChatGPT, has raised $8.3 billion in a heavily oversubscribed round at a staggering $300 billion valuation, according to The New York Times. The deal represents …

Kraken, a leading global cryptocurrency exchange, is reportedly seeking to raise $500 million in a new funding round at a $15 billion valuation, according to a Reuters report citing The Information. The raise would significantly bolster Kraken’s balance sheet ahead …

From Open-Source AI to Desktop Robots: Hugging Face Enters a New Market Hugging Face, best known for powering much of the open-source AI ecosystem, has entered the consumer robotics space and it’s off to a fast start. Just five days …

Anthropic, the artificial intelligence company backed by Amazon, has unveiled a new financial services offering built on its popular Claude AI platform. The launch, announced Tuesday at an event in New York City, marks the company’s latest push to expand …

U.K.-based fintech powerhouse Revolut is in advanced discussions to raise $1 billion in a new funding round that would value the company at a staggering $65 billion, according to a report by the Financial Times. The round, still under negotiation, …

Figma, the collaborative design platform known for transforming how digital products are built, has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). According to the company’s press release, the registration statement on …

Swedish Fintech Expands Banking Capabilities, Partnerships, and Profit Focus Ahead of IPO Klarna’s Shift to a Full Neobank Model Klarna, once Europe’s highest-valued fintech, is making an aggressive push into digital banking. Best known for its buy now, pay later …