Stripe acquires AI startup OpenRouter for over $7 billion, marking a massive strategic pivot beyond payments as the fintech giant moves to dominate the rapidly growing AI infrastructure space.
Anthropic is eyeing a historic $2 trillion IPO in October that would surpass all previous public debuts, fueled by explosive revenue growth projected to hit $120 billion annually by end of 2026, even as export bans and fierce competition from cheaper Chinese AI rivals threaten to slow its momentum.
OpenAI's Chief Revenue Officer Denise Dresser is departing after less than a year, replaced by former Wiz president Dali Rajic, as a wave of senior leadership exits intensifies just weeks after the AI giant confidentially filed for a highly anticipated IPO with the SEC following a $852 billion valuation.
Databricks raises $5 billion in fresh funding, catapulting its valuation to $190 billion as the AI data powerhouse surpasses $7 billion in annual revenue run rate with over 80% year-over-year growth, fueled by explosive demand for AI agents and enterprise platforms.
OpenAI poaches Wiz president Dali Rajic as its new Chief Revenue Officer, replacing former Slack CEO Denise Dresser in under a year, as the AI giant races to accelerate sales growth ahead of a highly anticipated Wall Street debut.
Databricks surges to a $7B revenue run-rate with 80% year-over-year growth and closes a massive $5B funding round at a $190B valuation, as the company aggressively expands its AI agent infrastructure with Lakebase, Genie, and Unity AI Gateway.
Vibe-coding startup Lovable secures a massive $400 million Series C round led by Menlo Ventures, catapulting its valuation to $13.3 billion as the European AI platform boasts $500 million in annualized revenue, 60 million projects, and 900 million monthly visitors.
OpenAI COO Brad Lightcap, one of the company's longest-serving executives, is departing to launch a new venture, adding to a growing wave of senior leadership exits as the AI giant prepares for a major IPO.
OpenAI completes a $7 billion employee share buyback at a staggering $852 billion valuation, signaling a potential IPO delay as the company races to strengthen its enterprise business amid competition from a newly profitable Anthropic.
Two ex-Google DeepMind engineers have launched Poetiq, a startup developing self-improving AI technology kept strictly internal, while debuting Augur, a benchmarking tool helping enterprises find the best AI model for specific tasks.