Nvidia Rules Out $100B OpenAI Bet as IPO Nears
Jensen Huang confirmed Nvidia's $30B OpenAI investment will likely be its last direct equity stake, killing the $100B pledge as OpenAI races toward a public listing at a $730B valuation.
Funding
Open Source Endowment Fights AI Slop With Permanent Fund
A new 501(c)(3) nonprofit backed by the creators of curl, Vue.js, and HashiCorp is building the world's first permanent endowment for open source as AI-generated junk submissions push maintainers to the breaking point.
Ayar Labs Raises $500M to Wire AI Chips With Light
Ayar Labs closes a $500M Series E backed by Nvidia, AMD, and Sequoia to mass-produce co-packaged optical interconnects that replace copper in AI data centers.
Three AI Giants Ate 83% of February's $189B VC
Crunchbase data shows February 2026 was the biggest startup funding month in history, with OpenAI, Anthropic, and Waymo absorbing $156 billion of a record $189 billion total.
OpenAI Closes $110 Billion Round at $730 Billion - The Largest Private Deal in History
OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.
AI Chip Startups Raise $1.1 Billion in a Single Week - The Nvidia Challengers Are Here
Three AI chip startups - MatX, SambaNova, and Axelera - raised a combined $1.1 billion in one week, signaling an acceleration in the race to break Nvidia's GPU dominance.
