Private market news feed.

Fireworks surpasses $1 billion in annualized revenue run rate and serves more than 40 trillion tokens every day. More than 95% of those tokens come from models specialized on customers' proprietary data and optimized for specific jobs.

Source: Fireworks AI

Thinking Machines Lab's Inkling model, the AI startup's debut open-weight model, is now available on Databricks, expanding the platform's model ecosystem with a customization-focused AI offering.

Source: Databricks

Grafana Labs was recognized as a Leader in the 2026 Gartner Magic Quadrant for Observability Platforms, with the company positioned furthest in Completeness of Vision among all evaluated vendors.

Source: Business Wire

Loft Orbital is scaling its satellite inventory by procuring Apex Nova buses in addition to Airbus Longbow platforms, broadening its supplier base to meet growing mission demand.

Source: Payload Space

Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc (PYPL.O), opens new tab for $60.50 per share, in a deal that would value the payments company at more than $53 billion.

Source: Reuters

OpenAI is now showing Kalshi's World Cup odds directly within ChatGPT, marking a new integration of real-time prediction market data into the AI assistant.

Source: The New York Times

Sacra estimates ICEYE generated $283M in 2025, up 116% YoY from $131M in 2024. ICEYE more than doubled revenue as European defense demand translated into government satellite-intelligence contracts and the company scaled production of its synthetic-aperture radar satellites.

Source: Sacra

Kalshi launched compute forward curves, a new pricing benchmark that shows the implied future price of renting GPU capacity, live now for Nvidia B200, H200, and A100 chips.

Source: Kalshi

Anthropic has launched a free Claude for Teachers program, providing educators with access to its AI tools at no cost, signaling a push into the education sector.

Source: The Hill

OpenAI's first consumer hardware device will be a movable, screenless speaker designed as an AI companion, according to Bloomberg.

Source: Bloomberg.com

Blockchain.com has integrated Polymarket into its brokerage app to capture event-trading demand, marking a new distribution partnership for the prediction market platform.

Source: Finance Magnates

The European Central Bank has chosen Stripe, Revolut, and 34 other firms to participate in testing the digital euro, marking a significant step in Stripe's engagement with central bank digital currency infrastructure.

Source: BeInCrypto