Fal doubles its valuation to $16B on $1.3B round
Fal, a startup that hosts and runs AI video, image and audio models, raised $1.3 billion at a $16 billion valuation, double its valuation from earlier in the year.
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Fal, a startup that hosts and runs AI video, image and audio models, raised $1.3 billion at a $16 billion valuation, double its valuation from earlier in the year.
On 8 September 2026 Mistral AI announced a €3 billion Series D led by Samsung Electronics, valuing the company at more than €21 billion after the round.
In May 2026 The Standard reported that StepFun had completed a funding round of about US$2.5 billion ahead of a planned Hong Kong listing, after converting into a joint-stock company in April.
On 12 February 2026 Anthropic announced a $30 billion Series G at a $380 billion post-money valuation, led by GIC and Coatue, with run-rate revenue of $14 billion and Claude Code alone above $2.5 billion.
On 19 November 2025 Luma AI announced a $900 million Series C led by HUMAIN, with AMD among the participants, alongside a plan for a 2 GW compute supercluster called Project Halo.
On 13 November 2025, Anysphere, the company behind Cursor, announced a $2.3 billion Series D at a $29.3 billion post-money valuation, saying it had crossed $1 billion in annualized revenue.
In November 2025 Nvidia and Microsoft announced up to $15 billion of investment in Anthropic, alongside a $30 billion commitment by Anthropic to buy Microsoft Azure compute running on Nvidia systems.
On 20 October 2025, LangChain announced a $125 million Series B at a $1.25 billion valuation, led by IVP, and released LangChain 1.0, LangGraph 1.0 and new LangSmith tools.
Mistral AI announced a €1.7 billion Series C on 9 September 2025, valuing the company at €11.7 billion post-money. ASML led the round and formed a strategic partnership with Mistral.
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.
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.
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.
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 October 2023 Google invested $500 million in Anthropic and committed $1.5 billion more over time, later agreeing to another $1 billion and, in 2025, a Google Cloud TPU deal worth tens of billions of dollars.
On 25 September 2023 Anthropic announced that Amazon would invest up to $4 billion for a minority stake. Amazon Web Services became Anthropic's primary cloud provider for mission-critical workloads.
On 25 September 2023 Amazon agreed to invest up to $4 billion in Anthropic and take a minority stake. AWS became Anthropic's primary cloud provider and gave Anthropic access to Trainium and Inferentia chips.
On 24 August 2023 Hugging Face raised a $235 million Series D led by Salesforce Ventures, valuing the open-model hub at $4.5 billion, more than double its 2022 valuation, with chipmakers and cloud providers among the investors.
On 9 May 2022 Hugging Face announced a $100 million Series C round led by Lux Capital, valuing the company at $2 billion; the round was framed as building the GitHub of machine learning.