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

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Airwallex logo
Airwallex
Product Updates

Airwallex Relocates Staff from China Amid US Security Concerns

Airwallex is moving staff out of China as part of its US expansion push, following allegations of a 'backdoor' enabling Chinese staff access to US customer data.

Source: Asia Tech Review

SpaceXProduct Updates

Blue Origin New Glenn Rocket Explodes on Florida Launchpad

Blue Origin's New Glenn rocket exploded in a massive fireball during a pre-launch test in Florida, dealing a major blow to the Jeff Bezos-backed firm's efforts to compete with SpaceX's Falcon 9 and Starlink.

Source: bloomberg-markets

OpenAI logo
OpenAI
IPO & M&A

OpenAI in Talks with Citigroup and JPMorgan to Join IPO Bank Lineup

OpenAI has held discussions with Citigroup and JPMorgan Chase about joining the bank lineup for its upcoming IPO, expanding the roster of financial institutions involved in the offering.

Source: bloomberg-tech

Kalshi logo
Kalshi
Product Updates

Kalshi won approval from U.S. regulators to offer crypto trading through bitcoin perpetuals

Prediction market Kalshi won approval from U.S. regulators to offer crypto trading through bitcoin perpetuals, a type of highly-leveraged derivatives product, confirming an April report by The Information.

Source: TheInformation

Hugging Face logo
Hugging Face
Product Updates

Hugging Face Launches $2,500 LeRobot Low-Cost Humanoid Robot Platform

Hugging Face released a $2,500 DIY humanoid robot platform called LeRobot, designed to be affordable and accessible, allowing users to 3D print and train the robot to perform tasks like standing.

Source: Hackster.io

Anthropic logo
Anthropic
ContractsFundamentals

Apollo and Blackstone Shop $36 Billion Debt Deal to Fund Anthropic's Google Chip Infrastructure

Apollo Global Management and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic build out its AI infrastructure by purchasing Google chips.

Source: bloomberg-tech

Anthropic logo
Anthropic
Primary round

Anthropic had raised $65 billion at a valuation of $900 billion before the financing

Anthropic had raised $65 billion at a valuation of $900 billion before the financing, more than double the valuation in a round closed three months earlier. New investors Micron, Samsung and SK Hynix, which make a key component of AI chips, are investing in the model maker.

Source: TheInformation

Thinking Machines logo
Thinking Machines
Contracts

Boost Run Enters GPU Compute Service Agreement with Thinking Machines Lab

Boost Run has entered into a service agreement with Thinking Machines Lab for GPU compute services, marking a new B2B partnership for the AI startup's infrastructure offerings.

Source: TradingView

Kalshi logo
Kalshi
Product Updates

Kalshi Launches Political Power Index

Kalshi has launched a new index designed to measure and track shifts in political power between Republicans and Democrats, expanding its suite of political forecasting tools.

Source: Axios

Figure AI logo
Figure AI
IPO & M&A

Humanoid Robotics ETFs Targeting Tesla Optimus and Figure AI Era

24/7 Wall St. highlights three humanoid robotics ETFs positioned to capitalize on the rise of companies like Figure AI and Tesla Optimus, offering investors exposure to the humanoid robot sector.

Source: 24/7 Wall St.

Anthropic logo
Anthropic
Product Updates

Anthropic Launches Claude Opus 4.8 Flagship Model

Anthropic has debuted its new flagship AI model, Claude Opus 4.8, as competition with OpenAI intensifies ahead of a potential IPO race.

Source: Yahoo Finance

SpaceXProduct Updates

SpaceX Plans Human Mission to Mars

SpaceX is planning a crewed mission to Mars, with reports highlighting a familiar face involved in the mission planning.

Source: USA Today

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