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AI tool launches, product updates and industry moves. 15 stories
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Crunchbase data shows global venture funding hit a record $510 billion in H1 2026 — surpassing all of 2025's $440 billion — with AI the absolute protagonist.
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NVIDIA became the first company ever to top a $5.5 trillion market cap in May 2026, driven by relentless AI chip demand.
Crunchbase data: $300 billion flowed into roughly 6,000 startups in Q1 2026, up more than 150% both quarter over quarter and year over year.
Crunchbase data: startups raised a record $189 billion in February 2026, with AI-related companies capturing $171 billion — 90% of the total.
AI presentation tool Gamma announced 100M users, $100M+ ARR with profitability, and a $68M Series B at a $2.1B valuation.
On October 28, 2025, OpenAI completed its historic restructure into OpenAI Group PBC, clearing its fundraising constraints.
On September 22, 2025, Nvidia and OpenAI signed an LOI to deploy at least 10GW of Nvidia systems, with Nvidia investing up to $100 billion as each gigawatt lands.
In September 2025 OpenAI signed a five-year, $300 billion compute contract with Oracle starting in 2027, sending Oracle shares soaring.
In September 2025, lithography giant ASML led Mistral's Series C with €1.3 billion, making the French startup Europe's most valuable AI company.
On September 2, 2025, Anthropic closed a $13 billion Series F led by ICONIQ at a $183 billion valuation, with run-rate revenue up from $1B to $5B+.
In July 2025 Windsurf lived the wildest 72 hours in startup history: after the OpenAI deal collapsed, Google paid $2.4B for the founders and Cognition bought whatever was left.
In June 2025 Meta bought 49% of Scale AI for $14.3 billion and recruited its CEO — the most expensive shot in the AI talent war.
In April 2025, Safe Superintelligence raised $2 billion at a $32 billion valuation — under a year old, zero product, zero revenue.
On March 28, 2025, Musk announced xAI's all-stock acquisition of X — valuing xAI at $80 billion and X at $33 billion — merging data and distribution.
On January 21, 2025, OpenAI, SoftBank and Oracle announced Stargate at the White House — up to $500 billion over four years for U.S. AI infrastructure.