Agentic Commerce, Healthcare AI, and the Data Behind Adoption

AI labs are pushing into agentic shopping and healthcare as competition intensifies. OpenAI continues to lose share in agentic traffic, even as rivals expand distribution and transactional use cases.

Prediction markets are hitting new adoption highs and increasingly partnering with mainstream media.

The IPO pipeline is warming up, with filings from Strava, Discord, and BitGo.

And across AI and emerging tech, a new wave of funding rounds is cutting across infrastructure, robotics, chips, defense, and consumer applications.

The AI traffic map is fragmenting

According to SimilarWeb’s first Global AI Tracker for 2026, Gemini has crossed 20% of global GenAI web traffic, Grok is accelerating past 3% toward DeepSeek, and ChatGPT has fallen below 65%.

Agentic shopping: retailers are hedging bets

Google announced it is adding in-chat purchasing to Gemini, allowing users to buy directly through the chatbot using Google Pay — effectively mirroring OpenAI’s Instant Checkout in ChatGPT.

Google may have an advantage. Unlike OpenAI, it already sits on deep product data and long-standing retailer relationships through its search ads business. The existing Google Pay user base also reduces friction: many shoppers already have payment details saved.

It’s also notable that Walmart — which partnered with OpenAI to enable purchases via ChatGPT — announced a similar deal with Google the same day. Shopify, another OpenAI partner, is also working with Google.

For now, retailers appear to be spreading exposure. Whether AI meaningfully boosts shopping — and which chatbot becomes the default storefront — is still an open question.

OpenAI and Anthropic both pushed into healthcare this week

OpenAI rolled out a health-focused version of ChatGPT aimed at consumer medical queries, alongside new tools designed for clinical and enterprise use.

Anthropic, meanwhile, launched Claude for Healthcare — a set of HIPAA-ready tools and resources that enable healthcare providers, payers, and consumers to use Claude for medical applications.

xAI’s infrastructure blitz meets a 500× multiple

xAI raised $20 billion, exceeding its original $15 billion target, at a reported $230 billion valuation. The round included Valor Equity Partners, StepStone Group, Fidelity, as well as strategic investors Nvidia and Cisco.

The capital will fund what xAI describes as an accelerated, “world-leading infrastructure buildout,” alongside progress toward its longer-term ambition of “understanding the universe.” Recently, the company acquired a site outside Memphis, Tennessee, for a third hyperscale data center and claims to have secured compute equivalent to one million Nvidia H100 GPUs.

Some rare operating data also surfaced: xAI’s revenue doubled quarter-over-quarter to $107 million in Q3, up from Q2.

For comparison, Anthropic is estimated to be running at a $9–10 billion annual revenue pace, while OpenAI is thought to be closer to $20 billion. At current valuations of roughly $350 billion and $500 billion, that implies revenue multiples of ~35× for Anthropic and ~25× for OpenAI.

By contrast, xAI’s ~$230 billion valuation implies roughly 537× its Q3 run-rate revenue. Even if revenue were to double again next quarter, the multiple would still sit around 268×.

Prediction markets push further into mainstream media

Polymarket — which now counts Intercontinental Exchange as its largest investor — announced a deal this week with Dow Jones to distribute its market data across the publisher’s platforms.

The move mirrors similar steps by competitors. Kalshi last year struck data partnerships with CNN and CNBC.

Meanwhile, new data points are starting to surface on prediction-market adoption:

IPO pipeline updates

BitGo is seeking to raise up to $201 million in an initial public offering, targeting a valuation of as much as $1.96 billion.

Strava filed confidentially for an IPO and hired Goldman Sachs to lead the listing. The company reported more than 50% year-over-year revenue growth last year and is profitable.

Discord also filed confidentially for an initial public offering.

Fresh funding rounds, operational metrics and product updates

Anthropic is in talks to raise $10 billion at a $350 billion valuation, marking its third mega-round within a year.

AI chipmaker Cerebras Systems is in talks to raise $1 billion at a $22 billion pre-money valuation, nearly tripling its valuation in four months. The company plans to refile for an IPO as early as this week, targeting a Q2 2026 listing. Separately, OpenAI signed a $10 billion compute deal with Cerebras to support more complex workloads.

Lambda is seeking to raise at least $350 million ahead of a potential IPO this year. Mubadala Capital is in talks to lead the round, structured at roughly a 20% discount to the implied IPO price.

Robotics foundation-model startup Skild AI raised approximately $1.4 billion at a valuation above $14 billion in a round led by SoftBank Group.

Data security startup Cyera hit a $9 billion valuation, raising another $400 million just six months after being valued at $6 billion.

1X Technologies unveiled a world-model system powering its Neo humanoid robot, enabling task planning via simulated environments and video-based action generation.

ElevenLabs crossed $330 million in ARR last year, taking just five months to grow from $200 million to $330 million.

Cisco is reportedly in talks to acquire Israeli cybersecurity firm Axonius for around $2 billion.

Nscale is rumored to be an acquisition target for Nvidia.

AI chip startup Etched raised $500 million at a $5 billion valuation, led by Stripes, and is building its Sohu chip with TSMC.

AI customer-service startup Parloa raised $350 million in Series D funding at a $3 billion valuation, led by General Catalyst.

Military software startup Onebrief doubled its valuation after raising $200 million at a $2.15 billion valuation from Battery Ventures and Sapphire Ventures. The company generates nearly $90 million in ARR, implying a ~24× revenue multiple.

Astranis is raising a new round valuing the company above $2 billion. The round is set to be led by Snowpoint, the Palantir-alumni-backed fund. Astranis builds geostationary satellites orbiting ~35,000 km above Earth for communications and relay services.

LMArena, which began as an open-source AI model ranking project, was valued at $1.7 billion in a new round. The platform has over 5 million monthly users and is used by leading AI labs for early-stage feedback.

The Federal Communications Commission approved SpaceX to launch an additional 7,500 second-generation Starlink satellites.