19:03
Stability AI raises $76 million in fresh funding
Stability AI, maker of the Stable Diffusion image generator, raised $76 million in new funding. Its total fundraising now stands at $232 million.
2 coverage
The Wire
Policy and money
Linked and quoted from the labs, the press and the people using them. Times in UTC.
The Wire
Every development we picked up, including smaller stories beyond the labs. Newest first, times in UTC.
Tuesday 25 August
1 developmentMonday 24 August
1 development00:00
Mistral and HUMAIN announce partnership
Mistral published a company post titled Mistral x HUMAIN dated August 24, 2026. The post indicates a partnership between Mistral and HUMAIN.
1 official
Thursday 20 August
1 development23:41
Anthropic reportedly aims to match SpaceX record IPO raise
Anthropic is privately hoping its upcoming IPO will match or surpass SpaceX's record-breaking IPO, according to anonymous sources cited by Bloomberg. The company is reportedly pushing to go public ahead of rival OpenAI.
2 coverage
Monday 17 August
3 developments23:56
Anthropic annualized revenue reaches $65B
Anthropic's annualized revenue has risen to $65 billion. The company added $18 billion in annualized revenue over two months.
3 coverage
AnthropicMoney · 17 Aug
Anthropic
Round of $1B+ or valuation of $20B+
$1000Bvaluation
16:15
Groq raises $350M at $3.5B valuation for neocloud pivot
Groq raised $350 million at a $3.5 billion valuation. The former AI chipmaker is pivoting to a neocloud business and expanding its Nvidia-powered data center footprint.
2 coverage
13:10
Wispr raises $280M at $2B valuation
Wispr raised $280 million at a $2 billion valuation. The company plans to expand beyond dictation into areas such as meetings with its newly released note-taker tool.
2 coverage
Sunday 16 August
1 development20:57
Stripe reportedly to acquire AI gateway startup OpenRouter for over $7B
Stripe will reportedly acquire AI gateway startup OpenRouter for more than $7 billion. OpenRouter's CEO recently described the startup as Stripe for AI.
5 coverage
StripeMoney · 16 Aug
Stripe
Round of $1B+ or valuation of $20B+
$7.5Braised
Thursday 13 August
1 development20:14
Databricks raises $5B at $190B valuation
Databricks sought $1B but raised $5B after strong investor demand. The round values the company at $190B.
2 coverage
DatabricksMoney · 13 Aug
Databricks
Round of $1B+ or valuation of $20B+
$5Braised
$190Bvaluation
Wednesday 12 August
2 developments20:10
Amazon to train AI on Twitch streamer content by default
Amazon will use Twitch streamers' content to train its AI by default unless creators opt out. Twitch CPO Mike Minton said on a livestream that an opt-in approach would result in nobody opting in.
2 coverage
16:04
Lovable confirms $13.3B valuation with new $400M raise
Lovable confirmed a new $13.3 billion valuation and raised another $400 million. The startup said it reached $500 million in annualized run rate revenue in June.
2 coverage