Private market news feed.

OpenAI has created a new consulting unit backed by $4 billion in investment to help corporations adopt AI, with the venture valued at $14 billion. OpenAI's revenue chief described enterprise AI adoption as being 'at a tipping point.'

Source: Axios

Polymarket has removed its waitlist and officially launched for U.S. iOS users, marking a significant step in the platform's re-entry into the American market.

Source: Yahoo Finance

Lovable has partnered with Semrush to embed SEO capabilities directly into AI-generated applications, enabling users to build search-optimized apps from the ground up. The collaboration also drew attention from Adobe, which highlighted the integration of search data into app design workflows.

Source: Yahoo Finance

Modal, a startup that rents out Nvidia graphics processing units and software to help developers run and train models as well as agents, is in talks to raise money at around a $4.5 billion valuation. That would be an 80% premium to its last valuation from just a few months ago, according to two people with knowledge of the round.

Source: TheInformation

650,000 U.S. physicians, which represents around 65% of all doctors, are actively using OpenEvidence, an AI clinical search tool, across roughly 27 million clinical encounters in April alone.

Source: NBC News

Anthropic now has more business customers than OpenAI, according to Ramp data: A survey compiled from fintech firm Ramp’s clients’ expense data shows 34.4% of participating businesses are paying for Anthropic services, more than any other AI lab, while only 32.3% pay for OpenAI.

Source: TechCrunch

Thinking Machines Lab has previewed new 'interaction models' capable of near-real-time AI voice and video conversation, designed for humanlike live interactions and positioned as a competitor to OpenAI's Realtime API.

Source: VentureBeat

Anthropic has committed to spending approximately $200 billion with Google over five years as part of a deal for five gigawatts of server capacity, beginning next year.

Source: theinformation

Anthropic is in advanced talks to acquire Stainless, a developer tools startup used by OpenAI and Google, for at least $300 million.

Source: theinformation

Helsing to raise $1.2B at $18B valuation: Five-year old European military drone startup Helsing is close to raising another monster round

Source: TechCrunch

Cerebras Systems raised its preliminary IPO pricing range to between $150 and $160 a share from between $115 and $125, in a sign that investor demand for the company is strong. At the new pricing range, Cerebras would raise about $4.5 billion.

Source: TheInformation

Thinking Machines Lab, the AI startup founded last year by former OpenAI CTO Mira Murati, on Monday announced something called interaction models, which, at its essence, sounds like AI that can interrupt you.Right now, every AI model you’ve ever used works the same way. You talk, it listens. It responds, you listen. Thinking Machines is trying to change that by building a model that processes your input and generates a response at the same time, so it’s more like a phone call than a text chain.

Source: TechCrunch