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Primary rounds, IPO updates, fundamentals, major product updates and contracts.

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Databricks logo
Databricks
Primary roundFundamentals

Databricks in Talks to Raise at Above $165 Billion Valuation

Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick off within the next month. Databricks has indicated to investors the new round could lift its valuation to between $165 billion and $175 billion.Databricks achieved $5.4 billion revenue run rate, up 65% year-over-year.Databricks delays IPO, CEO privately eyes public offering as soon as next year.

Unitree logo
Unitree
Product Updates

SemiAnalysis Deep-Dive: How Unitree Could Dominate Global Robotics

SemiAnalysis published an in-depth analysis examining Unitree's strategy, technology, and competitive positioning, arguing the Chinese robotics company is on a path to dominate the global robotics market.

Source: SemiAnalysis

Bending SpoonsIPO & M&A

Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO

Italian app acquirer Bending Spoons, valued at $11bn less than a year ago, has filed to IPO on the Nasdaq.Founded in 2013, Bending ⁠Spoons reported a net income of $27.5 million on revenue of $601 million for the three months ended March 31, compared to a net loss of $112.2 million on revenue of $259 million a year earlier.

Source: FinanceYahoo

Cohere logo
Cohere
Contracts

S&P Global Partners with Cohere to Power Agentic AI Workflows for Financial Institutions

S&P Global and Cohere have announced a partnership to integrate S&P Global's financial data into Cohere's AI platform, enabling trusted, agentic workflows for financial institutions.

Source: PR Newswire

SpaceXIPO & M&A

Kraken Offers SpaceX IPO Access via Tokenized xStocks Platform

Crypto exchange Kraken has opened access to SpaceX's anticipated IPO through its tokenized xStocks platform, expanding pre-IPO access to retail crypto investors.

Source: FinanceFeeds

AnysphereFundamentals

Cursor Hits $4 Billion Annualized Revenue

As Cursor, the popular AI coding company, prepares for an expected acquisition by Elon Musk’s SpaceX, the startup has hit another financial milestone: It topped $4 billion in annualized revenue in the last week

Source: Forbes

Revolut logo
Revolut
IPO & M&AFundamentals

Revolut Weighs Secondary Share Sale at $115 Billion Valuation

Revolut is considering a secondary share sale that would value the digital bank at $115 billion, following its receipt of a UK banking license and a US charter application.

Source: bloomberg-tech

Waymo logo
Waymo
Product Updates

Waymo Unveils Driverless Minivan Without Steering Wheel or Pedals

Waymo has revealed a new driverless minivan that omits traditional controls like a steering wheel and pedals, marking a significant step in the company's autonomous vehicle hardware design.

Source: 조선일보

SpaceXContractsFundamentals

SpaceX Signs $30 Billion Cloud Computing Deal With Google

Google has agreed to pay SpaceX $920 million per month for computing power as part of a cloud services deal running through mid-2029, marking SpaceX's second major AI compute agreement in weeks following its earlier Anthropic deal.

Source: bloomberg-tech

Lovable logo
Lovable
Primary round

Lovable in Talks to Raise Funding at $12 Billion Valuation

Lovable is reportedly in talks to raise a new funding round at a $12 billion valuation, according to Forbes, signaling rapid growth in the AI coding startup space.

Source: Forbes

OpenAI logo
OpenAI
IPO & M&A

S&P 500 Rejects SpaceX, Blocking Path for OpenAI and Anthropic

The S&P 500 has rejected SpaceX's inclusion, a decision that also effectively blocks OpenAI and Anthropic from joining the index in the near term.

Source: Ars Technica

OpenAI logo
OpenAI
FundamentalsIPO & M&A

Trump Administration Discusses Possible Government Stake in OpenAI

The Trump administration is in discussions with OpenAI about the possibility of the U.S. government taking a stake in the AI startup, signaling deepening ties between OpenAI and federal authorities.

Source: CNBC

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