Funding & Deals

Funding rounds, valuations, acquisitions and IPOs across the AI industry — who raised what, from whom, and at what price.

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Latest in Funding & Deals

Funding & Deals

Perplexity AI wrapping talks to raise $500 million at $14 billion valuation

Perplexity AI is in late-stage talks to raise $500 million at a $14 billion valuation, with Accel leading the round.

June 23, 2025

Funding & Deals

Mira Murati's Thinking Machines Lab valued at $10bn after $2bn fundraising

Former OpenAI CTO Mira Murati's new AI startup, Thinking Machines Lab, secures $2 billion in seed funding, valuing the company at $10 billion.

June 21, 2025

Funding & Deals

Apple executives held internal talks about buying Perplexity, Bloomberg News reports

Apple executives have reportedly held early internal discussions about potentially acquiring the AI search startup Perplexity, according to Bloomberg News.

June 20, 2025

Funding & Deals

Senate Passes Landmark Stablecoin Bill, the Fed Keeps Interest Rates Steady, and Israeli Group Pulls Off $90M Hack of Iran’s Top Exchange

The US Senate passes the GENIUS Act, setting the stage for House debate on stablecoin regulation.

June 20, 2025

Funding & Deals

OpenAI's Sam Altman once warned America about Trump. Now he's partnering with him

Sam Altman, CEO of OpenAI, has shifted from being a vocal critic of Donald Trump to partnering with him on AI initiatives. Altman, who previously expressed strong opposition to Trump, recently donated $1 million to the Trump-Vance Inaugural Committee.

January 27, 2025