Cerebras Launches $2B IPO Roadshow on Nasdaq
Cerebras Systems has kicked off a $2 billion IPO roadshow targeting a Nasdaq listing under ticker CBRS, anchored by a $10 billion compute contract with OpenAI.
Articles Tagged "Funding"
OpenAI's $122B Round Adds Retail Access Before IPO
OpenAI closed its funding round at $122 billion and $852 billion valuation on March 31, with $3 billion going to retail investors via banks for the first time.
South Korea Bets $400M on Rebellions to Rival Nvidia
South Korean AI chip startup Rebellions has closed a $400M pre-IPO round at a $2.34B valuation, with the government's Korea National Growth Fund leading Seoul's first direct bet under its K-Nvidia initiative.
Starcloud Raises $170M to Put AI Compute in Orbit
The 15-person startup that launched an H100 GPU into space last November just became the fastest Y Combinator company ever to reach unicorn status.
Physical AI's Money Moment - $11B and Counting
Physical Intelligence is in talks to raise $1 billion at an $11 billion valuation, doubling in four months, as investors pour capital into AI software designed to run robots in the real world.
Shield AI Raises $2B at $12.7B in Defense AI Bet
Shield AI closed a $2B raise at a $12.7B valuation, more than doubling from $5.3B a year ago, to fund its Hivemind autonomous pilot software and acquire Pentagon simulation vendor Aechelon Technology.
OpenAI Kills Sora, Disney's $1B Deal Goes With It
OpenAI is shutting down Sora six months after launch, killing a $1 billion Disney deal that was supposed to anchor the product's future.
Lovable Hits $400M ARR With 146 Employees
Swedish AI app builder Lovable crossed $400 million in annual recurring revenue in February, adding $100 million in a single month with a headcount that wouldn't fill a mid-sized office.
Thinking Machines Lands Gigawatt Compute from Nvidia
Nvidia commits a gigawatt of Vera Rubin chips to Mira Murati's startup, a supply the FT values at tens of billions of dollars, alongside an undisclosed cash investment.
Legal AI Startup Legora Raises $550M, Hits $5.55B
Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.
LeCun Raises $1B Seed to Build AI Beyond LLMs
Yann LeCun's AMI Labs closes a $1.03 billion seed round at a $3.5 billion valuation, betting that world models - not large language models - will define the next era of AI.
Nscale Closes $2B to Build Europe's AI Backbone
Nscale raises the largest Series C in European history, valuing the company at $14.6 billion and funding a 100,000-GPU AI gigafactory in Norway with OpenAI as anchor customer.
