Jeff Bezos is closing in on a massive $10 billion funding round for his AI startup Project Prometheus, now valued at $38 billion, as the company leverages artificial intelligence to revolutionize engineering and manufacturing across aerospace and automotive industries.
Amazon is pouring up to $25 billion into AI startup Anthropic at a $380 billion valuation, as Anthropic commits to spending over $100 billion on AWS over the next decade while reporting $30 billion in annualized revenue amid a fierce race against OpenAI.
AI coding startup Cursor is nearing a massive $2 billion funding round at a $50 billion valuation, co-led by Andreessen Horowitz, with Nvidia and Thrive Capital also set to participate, signaling explosive investor demand for AI coding technology.
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.
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.
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.
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.
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 agent.
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.
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.