Etched, a transformer-only AI chip startup, just doubled to a $21 billion valuation on a $700M round led by Jane Street — with $1B in booked orders and one very concentrated bet.
Neros, a three-year-old drone startup, raised a $250M Series C at a $2.5B valuation to mass-produce a million American-made combat drones a year by 2028.
Higgsfield raised a $400M Series B at a $5.4B valuation on $700M of annualized revenue — the fastest-growing proof that AI video finally has a real business model.
Databricks planned to raise $1 billion. Investors offered $15 billion. It took $5 billion at a $190 billion valuation — on a $7 billion run-rate growing 80% a year.
Intel just sold $20 billion of stock at $95 a share — a year after the U.S. government bought in at $20.47. Inside the raise, the comeback bet, and the catch.
Bristol Myers Squibb's Zenbexus is the first CELMoD approved for multiple myeloma — cleared on a doubled deep-remission rate (41% vs 21%) and priced at $29,500 a cycle.
Infleqtion booked record Q2 revenue of $12.6M, up 116% — and a $30.6M operating loss to match. Inside quantum computing's first real earnings season.
Astra Space cratered from a $2 billion SPAC to an $11.25M take-private. Now it's raising $250 million at a $1 billion valuation to fund Rocket 4.
Google cut Gemini 3.7 Flash to $0.75/$3.75 per million tokens — a 50% intro discount aimed straight at Claude and GPT, with the price snapping back Jan 1, 2027.
OpenAI-backed Thrive Holdings raised $2B at a $12B valuation to buy accounting and IT firms and rewire them with AI.
Lenovo posted a record $26.94B quarter, up 43% on booming AI server demand — but a $1.69B non-cash warrant charge flipped it to a $609M reported loss.
Cognition, the maker of the Devin coding agent, is in talks to raise at a $40 billion valuation just 90 days after a $26 billion round — as its annual revenue run rate nears $1 billion.
