OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
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Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
Nirva will ship its $249 ambient AI pendant by the end of the year.
DeepSeek has reportedly raised $15 billion in one of China's largest funding rounds, just days after the US ordered federal agencies to remove its technology over national security concerns.
Slingshot Insurance, a Minneapolis-based AI-native embedded insurance startup, is emerging from stealth with $27 million in a seed funding round co-led by Rally Ventures and Skyward Group, it tells Crunchbase News exclusively.
In this guest article from Airrived co-founder and CEO Anurag Gurtu, he contends that Anthropic’s rapid revenue growth does not justify its proposed $2 trillion IPO valuation, given enormous infrastructure commitments, safety concerns,…
As AI agents increasingly recommend and purchase products, brands must appeal to both machines and humans by documenting their voice, creating clear product descriptions and checking how AI summarizes their messaging. Guest author Toby…
Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.
Blacksmith, a platform that lets companies build and test AI code more effectively, just announced a $66 million Series C round led by Sequoia that values the company at $1 billion.
Anthropic is reportedly struggling to secure enough compute from cloud providers that increasingly view it as a competitor, even as its infrastructure spending balloons ahead of a planned November IPO.
OpenAI says it's adding Orchestra's team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.
Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of…
AI companion app Tolan has raised another $30 million after attracting more than 250,000 active users.
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
AI assistant startup Town nabbed a unicorn valuation on Monday, announcing a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures.
Enterprise AI companies relying on armies of forward deployed engineers are disguising labor-intensive services as scalable software, inflating recurring revenue and valuations while falling short of autonomy claims, argues Anurag Gurtu,…
After chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportunity to take jobs at Disney. Character.AI’s former CEO Karandeep Anand recently became the entertainment giant’s first…
A Meta spokesperson insisted that the updated terms did not reflect a change in the way Meta crawls the web.
Startup investors aren’t exactly hitting pause, but they did scale back on giant rounds this past week, with just two startup financings in the multiple hundreds of millions.
Actor and angel investor Mark Wahlberg says he's OK with using AI in filmmaking, provided it's used "to enhance what you're doing."
Overall, investors put $38.5 billion into reported seed- through growth-stage financings for Asian startups in Q3, per Crunchbase data. Of that, a majority went to AI-focused companies, echoing the trends we’ve seen globally.
Benchmark says the Valley’s rule against backing rivals is getting harder to keep.
Savings of up to $200 end October 16 for TechCrunch Founder Summit end on October 16. These savings for Founder and Investor Passes vanish after Friday. Join 1,000 founders and investors on November 4 at Boston’s SoWa Power Station. Bring…
Amazon-owned Bee has launched its first new AI devices since its acquisition, including an updated wearable and a credit-card-sized recorder that attaches to smartphones. The devices can summarize conversations, create to-do lists, and…
Six leaders from government and industry explain how embedding AI in financial, grants, and acquisition systems can move agencies from after-the-fact reporting to real-time risk prevention, without losing human oversight. The post What it…
Zenzap is used by organizations including Starbucks and Taco Bell
Day 2 at TechCrunch Disrupt 2026, full of all themes across AI, investor-only session, more roundtables, and more. Register to save 50% on your pass.
In this Crunchbase News exclusive, we spoke to Marklo AI founder Jessica Herrin about her solution to the marketing problems she encountered when building earlier startups, and how a group of investors, led by Forerunner, are backing that…
Semiconductors, financial services and space technology led for new Unicorn Board counts with the remainder hailing from a broad swath of industries including biotech, AI infrastructure, AI training, security and frontier labs.
Scimplify's annualized revenue run rate has tripled to $200 million as it eyes U.S. expansion.
The problem with giving everyone in a company access to AI tools is that people will use them in unexpected ways. And that fact is steadily seeding fears that companies now have new, gaping security holes in their systems or, at least,…
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