SAP Acquires Prior Labs in $1.16B European AI Push
SAP buys German tabular AI startup Prior Labs and commits €1B to build Europe's first frontier AI lab, while also acquiring data lakehouse Dremio in a two-front push on structured enterprise data.
Articles Tagged "Investment"
OpenAI, Anthropic Race to Build Their Own Palantir
On the same day, OpenAI and Anthropic each announced PE-backed enterprise ventures valued at a combined $11.5B, both built on the forward-deployed engineer model Palantir made famous.
Nebius Buys Eigen AI for $643M to Own Inference
Nebius agrees to acquire 20-person MIT inference startup Eigen AI for $643M, betting that optimizing every token per Nvidia chip is the real moat in the AI infrastructure race.
Cohere Acquires Aleph Alpha in $20B Sovereign AI Deal
Cohere acquires Germany's Aleph Alpha at a $20B combined valuation, backed by a €500M Schwarz Group commitment, to build a transatlantic challenger for sovereign enterprise AI.
Google Backs Anthropic With $40B and 5 Gigawatts
Google commits up to $40 billion to Anthropic alongside five gigawatts of cloud compute, making it the largest single infrastructure bet in AI history.
Bezos's Physical AI Lab Hits $38B After $10B Round
Project Prometheus has closed a $10 billion funding round at a $38 billion valuation, with BlackRock and JPMorgan backing Bezos's bet on physical AI for industry.
Anthropic Passes OpenAI in Revenue at $30B ARR
Anthropic's annualized revenue crossed $30 billion in April 2026, topping OpenAI's $24 billion run rate and marking the first time a rival has outpaced OpenAI in the generative AI race.
Fermi CEO and CFO Exit - $20B Nuclear AI Bet Implodes
Fermi America's CEO and CFO both departed as the nuclear-powered AI data center startup collapsed 83% from its IPO high with no revenue and no anchor tenant.
Amazon Bets $25B on Anthropic and 5GW of Trainium
Amazon will invest up to $25 billion more in Anthropic, with Anthropic committing to spend over $100 billion on AWS over the next decade, cementing Trainium as Claude's primary compute platform.
Stanford 2026 AI Index - Cash In, Transparency Out
Stanford's 2026 AI Index shows global investment hitting $581B in 2025, while foundation model transparency scores fell by a third as capabilities raced ahead of governance.
OpenAI's IPO Will Reserve Shares for Everyday Investors
OpenAI CFO Sarah Friar confirmed the company will reserve IPO shares for retail buyers, after the firm raised $3B from individuals in its $122B funding round - three times what it set out to raise.
Meta Commits $21B More to CoreWeave, Total Hits $35B
Meta expands its CoreWeave partnership by $21 billion through December 2032, bringing total commitments to $35 billion and locking in early NVIDIA Vera Rubin deployments.
