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

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OpenAI logo
OpenAI
IPO & M&AContracts

Cerebras Files for IPO Following Major OpenAI Deal

AI chipmaker Cerebras has filed for an IPO, with the move coming on the heels of a significant deal with OpenAI. The partnership with OpenAI appears to be a key catalyst for the public offering.

Source: Seeking Alpha

AnyspherePrimary round

Anysphere in talks to raise $2B+ at $50B valuation

Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges: Returning backers a16z and Thrive are expected to lead the round.

Source: Techcrunch

OpenAI logo
OpenAI
Contracts

OpenAI Signs $20B+ Chip Deal with Cerebras, Takes Equity Stake

OpenAI has agreed to pay Cerebras more than $20 billion over three years for servers powered by Cerebras chips, doubling previously reported figures. As part of the deal, OpenAI will also receive an equity stake in the chip startup, which is reportedly eyeing a $3B IPO filing.

Source: theinformation

Redwood Materials logo
Redwood Materials
Contracts

Rivian Partners with Redwood Materials to Repurpose EV Battery Packs for Grid Energy Storage

Rivian has partnered with Redwood Materials to repurpose used EV battery packs for grid-scale energy storage, with a focus on Rivian's Illinois factory operations. The deal highlights Redwood's expanding role in second-life battery solutions.

Source: MSN

Glean logo
Glean
Product Updates

Glean Adds Claude Opus 4.7 to Enterprise Assistant Platform

Glean has expanded its AI capabilities by integrating Anthropic's Claude Opus 4.7 into its enterprise assistant platform, broadening its model options for business users.

Source: TipRanks

CerebrasContractsIPO & M&A

OpenAI Signs $20B+ Deal with Cerebras for AI Chips, Takes Equity Stake

OpenAI has agreed to spend more than $20 billion over three years on servers powered by Cerebras chips, double previously reported figures. As part of the deal, OpenAI will also receive an equity stake in Cerebras, as the company looks to reduce its dependence on Nvidia.

Source: theinformation

Polymarket logo
Polymarket
Product Metrics

Polymarket Used as Market Sentiment Indicator for S&P 500 Outlook

Polymarket's prediction data is being cited alongside traditional analyst forecasts to gauge whether the S&P 500 can sustain its recent momentum.

Source: Yahoo Finance

AlphaSense logo
AlphaSense
Fundamentals

AlphaSense Appoints New CFO as Annual Revenue Surpasses $500 Million

AlphaSense has named a new Chief Financial Officer as the company's revenue has exceeded $500 million, signaling continued growth for the market intelligence platform.

Source: AOL.com

Databricks logo
Databricks
Product Updates

Databricks Expands Platform Capabilities with dbt Integration, Google Cloud Collaboration, and Document Intelligence

Databricks highlighted accelerating adoption of dbt on its platform, deepened collaboration with Google Cloud, and new Document Intelligence and Lakeflow pipeline capabilities, reflecting continued expansion of its unified data platform.

Source: Databricks

Figure AI logo
Figure AI
Product Updates

Figure AI Humanoid Robot Featured at Melania Trump Event

Figure AI gained public attention after its humanoid robot was featured at an event hosted by Melania Trump, putting the company in the spotlight. The coverage highlights Figure AI's robotics technology and its growing public profile.

Source: MSN

Canva logo
Canva
Product Updates

Canva Launches AI 2.0 with Agentic Design Tools, Repositions as AI Platform

Canva unveiled a major AI-driven update dubbed 'AI 2.0,' introducing prompt-powered agentic design tools and repositioning itself as 'an AI platform with design tools.' The move reflects a strategic pivot to defend its $42 billion valuation in the generative AI era.

Source: bloomberg-tech

Canva logo
Canva
Product Updates

Canva Pushes AI Agents to Automate Creative Workflows

Canva is developing AI agents aimed at replacing or automating significant portions of the creative workflow, positioning itself alongside Adobe in the race to embed AI into design tools. The move signals a broader strategic push into AI-driven design automation.

Source: PCWorld

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