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SpaceX Acquires Cursor for $60B in Stock to Boost AI Division
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
Alphabet Raises $85B for Google's AI: Investor Interest Soars
If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
Anthropic Aims for First Profitable Quarter with $10.9B Revenue
Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter.
Fervo Energy's AI-Powered IPO Surges 33% on Demand
Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.
Anthropic Seeks $900B+ Valuation in Upcoming AI Fundraise
Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter.