Private market news feed.

Airwallex has acquired Leapfin, a financial data automation platform, to automate financial reporting and expand its financial lifecycle capabilities for global businesses.

Source: Business Wire

Anthropic has called for a global pause in AI development, flagging risks related to AI self-improvement. The call has drawn both commentary and pushback from observers in the AI community.

Source: WSJ

Ramp closed a new Series F funding round at a $44 billion valuation, as businesses increasingly look to manage and rein in AI-related spending.

Source: Bloomberg.com

OpenAI and Anthropic have co-signed a letter aimed at preventing the development of biological weapons using AI, reflecting growing industry efforts around AI safety and biosecurity.

Source: WIRED

Together AI has entered into a multi-year GPU cloud capacity agreement with Rumble Inc., with Rumble set to power Together AI's next wave of Blackwell AI model infrastructure.

Source: Quiver Quantitative

Databricks CEO Ali Ghodsi indicated the company plans to avoid an IPO despite a wave of major public offerings, reiterating a preference to remain private for now.

Source: Bloomberg.com

Helion Energy has closed a $465 million Series G funding round led by Thrive Capital, nearly tripling its valuation to $15.5 billion. The capital will support the company's push toward commercial fusion power deployment, including its power delivery agreement with Microsoft.

Source: The Information

Nvidia and Unitree have announced a collaboration to build a new humanoid robot powered by Nvidia's Isaac GR00T platform, with Jensen Huang describing it as a meaningful step toward highly capable robots. The partnership also involves Sharpa and signals a major push into real-world capable humanoid robotics.

Source: TechRadar

Mastercard has expanded its stablecoin settlement capabilities by integrating Circle's USDC, Ripple's RLUSD, and additional stablecoins, broadening its crypto payment infrastructure.

Source: Yahoo Finance

Stripe, Visa, Mastercard, and Coinbase are reportedly close to forming a consortium to launch a new joint stablecoin platform. The initiative signals a major industry collaboration to establish shared stablecoin infrastructure across leading payments and crypto players.

Source: CoinDesk

Optical interconnect startup Ayar Labs has closed a $500 million funding round with backing from major chipmakers Nvidia and AMD, signaling strong industry confidence in photonic interconnect technology for data centers.

Source: Data Center Dynamics

Deel has integrated Stripe's full stablecoin payment stack to pay its 1.5 million contractors using DLUSD stablecoin. The deployment highlights growing enterprise adoption of Stripe's stablecoin infrastructure for cross-border payroll.

Source: thedefiant.io