Private market news feed.

K2 Space, the leading manufacturer of big, high-power satellites, announced today a $500 million Series D funding round at a $6.8 billion valuation. Kleiner Perkins and ICONIQ led the round, with participation from CapitalG, Lightspeed, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates, Inc., and other existing investors. 

Source: PRNewsWire

Unitree's IPO subscription has opened, with the profitable robot maker being contrasted against Figure AI's $39B valuation despite no reported revenue, highlighting divergent paths in the humanoid robotics market.

Source: Tech Times

A new report compiles Canva's employee count and workforce statistics for 2026, providing insight into the company's headcount growth and organizational scale.

Source: SQ Magazine

Crusoe has partnered with Aalo Atomics to build a nuclear-powered AI factory, with a demonstration planned at Idaho National Laboratory in 2027, marking a significant step toward nuclear-powered AI infrastructure.

Source: Crusoe

OpenAI has previewed its new 'Astra' AI model to officials in Washington D.C., as CEO Sam Altman courts policymakers ahead of a major new model release.

Source: The Information

Lovable has acquired the team behind Swedish AI agent startup Nalvin, expanding its talent base in the AI development space.

Source: Tech.eu

Impulse Space has received a contract expansion from the Space Force related to its maneuverable Mira spacecraft, building on its existing defense relationships.

Source: Military Aerospace

Revolut has partnered with OpenAI to integrate ChatGPT Go into its plans, expanding its AI-powered product offerings for customers.

Source: IT Brief New Zealand

Nscale, a full-stack AI cloud platform, today announced it has entered into a definitive agreement to acquire Anyscale, the platform for scaling any AI workload - data processing, training, inference and reinforcement learning - across thousands of GPUs.The acquisition brings together two highly complementary companies. Nscale supplies the infrastructure – GPUs, data centers, power – and the software that AI runs on. Anyscale brings the software layer that machine learning engineers and AI platform teams use to run their workloads. Anyscale’s software layer will expand Nscale’s existing software capabilities to further extend Nscale’s full stack AI cloud offering, from power to production AI. 

Source: NScale

A consortium of banks is in advanced talks to provide $15 billion in financing for a Nexus Data Centers project backed by Google and Anthropic, according to reports from WSJ, CNBC, and Bloomberg. The deal underscores the massive capital requirements driving AI infrastructure buildout.

Source: WSJ

OpenAI has announced major price cuts across its Luna and GPT-5.6 AI models, with CEO Sam Altman signaling a broader focus on cost efficiency as enterprise customers grow increasingly price-sensitive.

Source: Axios

Legora has acquired Wexler, an AI-powered litigation intelligence startup, marking its fifth acquisition since March 2026. The deal extends Legora's buying spree into the courtroom and litigation intelligence space.

Source: Artificial Lawyer