Anthropic has reportedly told investors that its third-quarter revenue had jumped to $16.8 billion as it prepares to go public. That figure is up from $4.8 billion in the first quarter and $11.6 billion in the second, the Financial Times (FT) reported late Wednesday (Oct....
Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in a Wednesday (Oct. 14) blog post. Modal’s new valuation is more than triple the $4.65 billion valuation the company achieved...
Pluto Security emerged from stealth Tuesday (Oct. 13), saying in a blog post that the company has secured $42 million in funding for its security solution for artificial intelligence tools. Pluto Security’s product is designed to provide the complete enterprise security needed by companies whose employees are integrating...
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that...
OPay, a digital financial platform built for emerging markets, has 50.1 million monthly active users and sees an addressable opportunity across billions of users and millions of merchants, the company said in a registration statement filed with the Securities and Exchange Commission for a proposed initial public offering....
Vitalize raised $31 million in a Series A funding round to accelerate the growth of its artificial intelligence (AI)-native platform that helps health systems manage labor and capacity, the company said in a Tuesday (Oct. 6) press release. The Vitalize platform is designed for the...
If Revolut pursues an initial public offering, CEO Nik Storonsky wants the primary listing to be in the United States, Bloomberg reported Thursday (Oct. 8). During an interview with Bloomberg TV, Storonsky said, per the report: “That was always the target, given the deep liquidity of the U.S. market.” Storonsky had...
The parent company of artificial intelligence agent startup Manus, Butterfly Effect, has raised $500 million in a funding round, months after the Chinese government blocked Meta’s acquisition of the company, according to multiple media reports. Butterfly Effect announced the round in a post on Chinese...
Firmus Grid, a Nvidia-backed Australian data center company, is having trouble generating support for its stock market listing, Bloomberg reported Thursday (Oct. 8). The development reveals a new weakness in the artificial intelligence funding boom, the report said. Firmus’ planned $5.5 billion initial public offering...