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Databricks closed a $1 billion Series K in September 2025 at a valuation above $100 billion, weeks after signing the term sheet, and disclosed a $4 billion revenue run-rate with more than $1 billion of it from AI products.
Anthropic announced a $13 billion Series F on 2 September 2025 at a $183 billion post-money valuation, led by ICONIQ, as run-rate revenue passed $5 billion and Claude Code passed $500 million.
On 14 August 2025 Cohere announced a $500 million funding round at a $6.8 billion valuation, led by Radical Ventures and Inovia Capital. It also hired a chief AI officer and a CFO.
In July 2025 Thinking Machines Lab raised about $2 billion in an early-stage round led by Andreessen Horowitz at a $12 billion valuation, months after Mira Murati founded the company and before it released a product.
On 12 June 2025 Meta contributed $14.3 billion to Scale AI for a 49% stake without voting power. Scale AI founder Alexandr Wang left to join Meta's superintelligence efforts and was later named chief AI officer.
In June 2025 Perplexity closed a $500 million round at a $14 billion valuation, up from about $520 million in January 2024, as its annual recurring revenue grew from single-digit millions toward $200 million.
On May 21, 2025, LMArena announced a $100 million seed round led by a16z and UC Investments at a reported $600 million valuation, alongside a platform relaunch.
Runway announced a $308 million Series D led by General Atlantic, days after releasing Gen-4, to fund AI research and its Runway Studios production arm.
In spring 2025 OpenAI raised $40 billion at a $300 billion post-money valuation in a round led by SoftBank Group, with about 500 million weekly ChatGPT users and 20 million paid subscribers as the backdrop.
CoreWeave listed on the Nasdaq on 28 March 2025 at $40 a share, raising $1.5 billion in the biggest US tech IPO since 2021, with NVIDIA anchoring the deal.
In March 2025 Anthropic raised $3.5 billion in a Series E round led by Lightspeed Venture Partners, at a $61.5 billion post-money valuation, with run-rate revenue around $1 billion.
In March 2025 a Greenoaks-led round valued Safe Superintelligence at $30 billion, six times its September 2024 valuation, for a company with no revenue and about 20 employees.
On 17 December 2024 Databricks announced a $10 billion Series J at a $62 billion valuation, led by Thrive Capital, with $8.6 billion of it completed at announcement. Reuters reported the round surpassed OpenAI's October 2024 raise and mostly funded employee liquidity.
On 22 November 2024 Anthropic announced a further $4 billion from Amazon, bringing Amazon's total investment to $8 billion, while AWS became Anthropic's primary cloud and training partner and the two firms agreed to co-engineer future Trainium chips.
On 22 November 2024 Anthropic announced another $4 billion from Amazon, bringing the total to $8 billion. AWS became Anthropic's primary training partner as well as its primary cloud provider.
In July 2024 Baichuan announced a round of about 5 billion yuan from investors including Alibaba, Tencent and Xiaomi, valuing the company at more than 20 billion yuan.
On 11 June 2024, Mistral AI closed a €600 million Series B round led by existing investor General Catalyst, valuing the company at €5.8 billion. Lightspeed, Andreessen Horowitz, Cisco Systems and Nvidia also took part.
On 1 May 2024 CoreWeave announced a $1.1 billion Series C round led by Coatue at a $19 billion valuation, up from $7 billion a few months earlier, and weeks later closed a $7.5 billion debt facility led by Blackstone.
In May 2024 Scale AI closed a $1 billion financing at a $13.8 billion valuation, led by existing investor Accel, with participation from existing backers such as NVIDIA and new ones including Amazon, Meta and Intel Capital.
In February 2024 Alibaba led a US$1 billion funding round in Moonshot AI at a US$2.5 billion valuation, roughly eight times the startup's earlier valuation and, by reporting at the time, the largest single round for a Chinese AI startup.
On 11 December 2023 Mistral AI announced a €385 million Series A — its second round in seven months — the same day it released the Mixtral 8x7B model and opened its API platform.
