Funding - News Articles

Cursor Seeks $2B Raise at $50B Valuation as AI Coding Tool Eyes $6B Revenue Run Rate by 2026

Apr 19, 2026

TechCrunch

AI coding tool Cursor is in talks to raise $2 billion at a staggering $50 billion valuation, backed by Andreessen Horowitz and Thrive, as it targets a $6 billion annualized revenue run rate by 2026 — tripling its February figures — while newly reaching slight gross margin profitability.

Funding Coding & Developer Tools

Sequoia Capital Raises $7 Billion for AI Fund, Nearly Doubling Its Last Comparable Raise

Apr 17, 2026

TechCrunch

Sequoia Capital raises a massive $7 billion AI-focused fund — nearly double its last comparable raise — doubling down on late-stage bets including OpenAI and Anthropic, both eyeing public listings in 2026, in the firm's first major fundraise under new co-leaders Alfred Lin and Pat Grady.

Funding Business

OpenAI Doubles Cerebras Deal to $20 Billion, Takes Minority Stake as AI Chip Partner Eyes $35 Billion IPO

Apr 17, 2026

Yahoo Finance

OpenAI doubles its deal with AI chipmaker Cerebras to over $20 billion, takes a potential 10% minority stake, and invests $1 billion in data center development, as Cerebras eyes a $35 billion IPO in Q2 2025.

Hardware Funding Business

UK Launches $675M Sovereign AI Fund to Back Domestic Startups and Reduce Foreign Tech Dependence

Apr 17, 2026

WIRED

The UK government launches a $675 million Sovereign AI venture fund to invest in domestic startups across AI model development, agentic AI, and drug discovery, offering not just capital but supercomputer access, free visas, and government contracts to reduce dependence on foreign technology.

Funding Geopolitics Regulation

Anthropic Expands London Footprint With 800-Person Office Amid $380 Billion Valuation and Surging Revenue

Apr 17, 2026

CNBC

Anthropic is making a major move in London, securing an 800-person office in the city's Knowledge Quarter as the AI powerhouse rides a wave of explosive growth, boasting a $380 billion valuation, $30 billion in annual run-rate revenue, and a string of viral product launches including its Claude Code coding …

Business Funding Coding & Developer Tools

Humanoid Robots Attract Billions in Investment as Tech Giants Race to Build AI-Powered Machines Amid Hype and Uncertainty

Apr 17, 2026

The Deep View

Billions of dollars are flooding into humanoid robotics as tech giants and startups race to build AI-powered machines, with experts calling it a potential platform revolution — but serious challenges around dexterity, training data, job displacement, and overhyped expectations threaten to slow the boom.

Robotics Funding Labor & Jobs

Jane Street Secures $6B CoreWeave Cloud Deal and $1B Equity Stake to Power Next-Gen AI Trading

Apr 16, 2026

TNW | Artificial-Intelligence

Jane Street strikes a $6 billion cloud computing deal with CoreWeave while securing a $1 billion equity stake, gaining exclusive access to NVIDIA's next-gen Vera Rubin architecture that promises 10x lower AI costs, positioning the $20.5 billion revenue trading giant at the cutting edge of AI-powered finance.

Finance Cloud Computing Hardware Funding

AI Data Center Startup Fluidstack Seeks $1 Billion Raise at $18 Billion Valuation, More Than Doubling Worth in Months

Apr 15, 2026

TechCrunch

AI data center startup Fluidstack is seeking $1 billion in funding at an $18 billion valuation, more than doubling its worth in months, driven by a landmark $50 billion deal with Anthropic to build custom AI data centers across the U.S.

Funding Data Centers

Meta Locks In Multi-Gigawatt Broadcom AI Chip Deal Through 2029 Amid $135 Billion Infrastructure Push

Apr 15, 2026

CNBC

Meta locks in a massive multi-gigawatt AI chip deal with Broadcom through 2029, deploying cutting-edge 2-nanometer MTIA silicon as part of a staggering $135 billion infrastructure push that also spans partnerships with Nvidia, AMD, and Arm Holdings.

Hardware Data Centers Funding Business

OpenAI Acquires Personal Finance Startup Hiro Finance in Fintech Talent Push

Apr 15, 2026

TechCrunch

OpenAI acquires personal finance startup Hiro Finance in an acqui-hire move, bringing aboard founder Ethan Bloch and roughly 10 employees as the AI giant signals a growing push into financial technology talent.

Finance Business Funding