Topic
5 written stories · 6 tracked
Instinct, an AI-agent startup, secured a $1 billion Series C round, valuing the company at $10 billion. The funding was led by major venture firms. The company’s product is an AI agent that can autonomously place calls to restaurants.
Coatue is leading a multi-billion-dollar investment round in Databricks, which has pushed the data-analytics company’s valuation to $188 billion. This valuation marks a significant increase from its prior level and places Databricks among the highest-valued AI-focused firms. The round underscores continued investor confidence in the company’s growth trajectory.
Blue Origin is seeking roughly $10 billion in new private capital, valuing the company at about $130 billion before the investment. This marks the first time in more than two decades that the company, previously self-funded, will accept outside investors, with notable contributions including $4 billion from Coatue and $2 billion from Jeff Bezos.
Stripe’s valuation has risen to $159 billion, reflecting a roughly 70-plus percent increase from its prior level. The jump follows a tender-offer employee share sale that allowed staff to sell shares to investors, including Thrive Capital, Coatue and Andreessen Horowitz. The transaction enables the payments firm to remain private for a longer period.
Sequoia Capital is joining a funding round for AI startup Anthropic, which is led by GIC and Coatue, with each investor committing $1.5 billion. Anthropic, creator of the Claude language models, is pursuing a raise of more than $25 billion at a roughly $350 billion valuation, and Sequoia already backs rival AI builders such as OpenAI.