Private market news feed.

Anduril said on October 5, 2026 that the US Army awarded it a contract worth up to $1.8 billion over five years to scale its Next-Generation Command and Control (NGC2) common data layer from division-scale prototyping to corps-scale fielding. The award starts with a $162.8 million base period to field the capability with I Corps in the Pacific, after the Army picked Anduril for the work in June. It turns Anduril's NGC2 prototype work into a funded multi-year Army software programme, materially expanding its revenue visibility.

Source: Anduril

FieldAI, which builds a general-purpose “brain” for robots, is raising $700 million at a $10 billion valuation in a funding round, Business Insider reported, which would roughly quintuple its valuation in just over a year.

In a Bloomberg interview published Oct. 2, 2026, CEO Michael Rubin said Fanatics projects about $14 billion of revenue this year, up 40%, with gambling contributing roughly $2 billion. He also said the company expects $2 billion of free cash flow, leaving roughly $1 billion of net cash and no debt. Rubin said Fanatics holds about 10% of US sports betting and will lift betting advertising from $350 million this year to up to $1 billion in 2027 to challenge DraftKings and FanDuel. These are rare company-level financials for Fanatics, alongside a large planned rise in marketing spend.

Source: Bloomberg

Filings with the Texas Department of Licensing and Regulation, reported Oct. 2, 2026, show Crusoe planning two data center buildings of 759,260 sq ft each in Jayton, Kent County, with total investment estimated at $4.8 billion. Construction is scheduled to begin in January 2027, with operations expected in May and July 2029, and the buildings are listed as spur buildings of Crusoe's Project Hyper in Childress. It is a multibillion-dollar capacity commitment that extends Crusoe's AI cloud build-out in West Texas.

Source: Data Center Dynamics

On Oct. 2, 2026 Supabase announced $150 million of new funding led by GIC, with Alphabet's CapitalG, IronArc and Square Peg participating. The round comes four months after its $500 million Series F at a $10.5 billion post-money valuation and also provides employee liquidity. Supabase also agreed to acquire Turso, a SQLite-based database platform for high volumes of agent databases, for an undisclosed sum. The round adds fresh primary capital and an employee liquidity window as AI agents drive Supabase's growth.

Source: PR Newswire (Supabase)

The Information reported on Oct. 1, 2026 that Vercel is generating $600M in annualized revenue, or $50M a month, up 148% from a year earlier. The report credits AI coding agents choosing Vercel to host the software they build. This is a reported revenue run-rate that sets a new scale and growth read for Vercel's secondary pricing.

Source: The Information

Anthropic could begin formal marketing of its IPO as soon as the week of November 9 and aims to list before the Thanksgiving holiday, targeting a valuation of up to $2 trillion, Bloomberg reported on October 1, 2026. A follow-up Bloomberg report said the company plans to meet prospective investors at a pre-IPO investor day on October 14. The reports turn the previously reported November target into a concrete roadshow timetable.

Source: Bloomberg

Anthropic's IPO prospectus shows Broadcom has agreed to lend it up to $42 billion to finance infrastructure spending, through notes that could convert into Anthropic shares and that Anthropic does not expect to sell before its IPO, Reuters reported on October 1, 2026. The financing could cover about a third of Anthropic's $125.2 billion five-year commitment to lease TPU capacity, and Anthropic deposited cash into a restricted account for Broadcom's benefit in April 2026. It adds a large vendor-financing line and a potential new equity holder to Anthropic's capital structure, deepening its reliance on Broadcom ahead of the listing.

Source: Reuters

SoftBank said it executed the third and final $10B tranche of its $30B follow-on investment in OpenAI through Vision Fund 2 on Oct 1, 2026 (Japan time), funded with proceeds of its $11.1B senior notes sale. Reuters reports SoftBank's cumulative investment in OpenAI is now $64.6B for a 13% stake, and The Information reports Nvidia and SoftBank together made a final $20B investment in the round, which secured $122B of commitments at an $852B valuation. The money has now moved, completing the funding of OpenAI's last round.

Source: Reuters (via AOL)

On Sept. 30, 2026 the Export-Import Bank of the United States said it had approved a $468 million credit facility to Astranis under its Make More in America Initiative. The loan funds domestic production and launch of Astranis' next-generation GEO satellites to meet commercial and government demand. It is a large government-backed debt financing that funds the company's manufacturing ramp without diluting equity.

Source: EXIM

Trump Media & Technology Group and TAE Technologies announced on 2026-09-30 that they filed a Form S-4 registration statement with the SEC for their all-stock merger agreed on 2025-12-18, under which TMTG and TAE holders would each own about 50% of the combined public company. TMTG also amended its unsecured convertible note to TAE, consolidating an initial $200 million principal and letting TAE draw up to an additional $100 million within 60 days of the S-4 filing. The filing is the formal step toward taking TAE public via the merger and extends its funding runway.

Source: TAE Technologies

Runway announced Runway Ads on 2026-09-30, a product that connects to an advertiser's ad account and brand kit, generates video and image ads, publishes approved variants directly to Meta, Google and TikTok, reads performance back and regenerates creative within set budget limits. The launch takes Runway from creative generation tools into end-to-end performance-advertising workflows, a new line of business for the company.

Source: Runway