Funding - News Articles

Anthropic Launches Employee Share Sale at $350 Billion Valuation

Feb 24, 2026

Bloomberg.com

Anthropic launches a massive employee share sale valued at $350 billion, with between $5 billion and $6 billion lined up for eligible current and former employees to cash out.

Funding Business

Trump's $500B Stargate AI Initiative Stalls as OpenAI, Oracle, and SoftBank Clash Over Data Center Control

Feb 23, 2026

Tom's Hardware

Trump's $500B Stargate AI initiative is stalling as OpenAI, Oracle, and SoftBank clash over data center ownership, forcing a compromise where SoftBank owns a Texas facility while OpenAI controls its design — leaving the ambitious project far short of its original vision.

Data Centers Business Funding Geopolitics

General Catalyst Commits $5 Billion to India, Betting Big on AI Deployment Over Model Development

Feb 23, 2026

TechCrunch

General Catalyst commits a massive $5 billion to India over five years, shifting focus from AI model development to real-world AI deployment, betting on the country's digital infrastructure, vast market, and tech talent as the foundation for transformative growth.

Funding Geopolitics Enterprise

Perplexity Drops Ad Plans, Pivots to Subscriptions and Enterprise in Crowded AI Market

Feb 23, 2026

The Deep View

Perplexity abandons its advertising strategy and pivots to subscriptions and enterprise deals, betting that ad-free AI search will build consumer trust — but the startup faces fierce competition from Google, ChatGPT, and Anthropic as it fights for a foothold in an increasingly crowded market.

Search Business Funding

OpenAI Slashes Infrastructure Spending Target to $600B While Finalizing $100B+ Funding Round at $730B Valuation

Feb 20, 2026

CNBC

OpenAI slashes its infrastructure spending target to $600B by 2030—down from $1.4T—while finalizing a massive $100B+ funding round at a $730B valuation, with Nvidia potentially investing $30B alongside SoftBank and Amazon, as the AI giant projects $280B in revenue by 2030.

Funding Business Data Centers

OpenAI Closes In On Record $100B+ Funding Round, Valuation Poised To Exceed $850B

Feb 20, 2026

Bloomberg.com

OpenAI is closing in on a record-breaking $100 billion+ funding round that could push its valuation beyond $850 billion, cementing its status as one of the most valuable AI companies in history.

Funding Business

Gen Z Founder Launches AI Startup Backed by Andreessen Horowitz and Peter Thiel to Disrupt $5 Trillion Industrial Sector

Feb 20, 2026

Fortune

Gen Z founder Kiara Nirghin launches Emanate, an AI startup backed by Andreessen Horowitz, Peter Thiel, and Alexis Ohanian, deploying autonomous revenue agents to modernize the $5 trillion industrial materials sector and promising customer revenue boosts of up to 80%.

Funding Manufacturing Agents

Mukesh Ambani Unveils $110 Billion AI Infrastructure Plan to Make India a Global Compute Powerhouse

Feb 19, 2026

TechCrunch

Mukesh Ambani unveils a massive $110 billion plan to build gigawatt-scale AI data centers and edge computing infrastructure across India over seven years, aiming to slash AI costs, boost local-language AI, and position India as a global compute powerhouse amid a broader national AI investment surge exceeding $200 billion.

Data Centers Geopolitics Funding Telecom

Nvidia-Backed Emerald AI Raises $25M Seed Extension at $250M Valuation to Optimize Data Center Energy Use

Feb 19, 2026

Axios

Nvidia-backed Emerald AI raises $25M in seed extension funding at a $250M valuation, bringing total funding to $42.5M, as its software helps data centers slash energy costs and ease grid strain during peak demand.

Funding Data Centers Energy

Perplexity Drops Ad Plans, Shifts Focus to Premium Users Amid AI Search Competition

Feb 19, 2026

WIRED

Perplexity scraps its advertising plans and pivots to premium users, signaling a major strategic shift as the AI search startup battles Google and fights to find a sustainable, trust-preserving business model.

Search Business Funding