Anduril aims at $60 billion valuation in new funding round
The funding round would come less than a year after Anduril’s Series G, which closed in June with $2.5 billion against a $30 billion valuation.
Thrive Capital
Thrive raises $10B for new fund, its largest yet
Thrive Capital just raised $10 billion for its new fund– nearly double the size of its last fund.
SpaceX vets raise $50M Series A for data center links
Mesh aims to mass-produce optical transceivers for AI data centers.
Physical Intelligence, Stripe veteran Lachy Groom’s latest bet, is building Silicon Valley’s buzziest robot brains
If co-founder Lachy Groom has any doubts, he doesn’t show it. He’s working with people who’ve been working on this problem for decades and who believe the timing is finally right, which is all he needs to know.
OpenAI’s investment into Thrive Holdings is its latest circular deal
Analysts will be watching to see if Thrive-owned firms actually succeed in building long-term profitable businesses using OpenAI’s tech, or if the result is really just pumped up valuations based on speculative market potential.
Coding assistant Cursor raises $2.3bn five months after its previous round
Cursor plans to use the capital to continue developing Composer, the AI model the vibe coding startup released in October.
Base Power raises $1B to deploy home batteries everywhere
Base Power’s Series C will help the company expand beyond Texas, its beachhead market, and build batteries in the United States.