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Funding and business: AI news
Funding rounds, acquisitions, partnerships, revenue and layoffs.
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PR NewswirePress release
Nauticus Robotics, Inc. Announces Date for 2026 Third Quarter Earnings Conference Call
HOUSTON, Nov. 11, 2026 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus" or "Company"), a leading innovator in autonomous subsea robotics and software solutions, today announced the Company's schedule for conducting its…
Ars TechnicaPress
Taiwan’s chipmaking giant TSMC to invest $1B in Anthropic, OpenAI
Latest example of the AI boom’s circular financing comes as AI trade wobbles.
CNBCPress
Nvidia shares rebound as Jensen Huang faces scrutiny ahead of earnings
Investors are assessing whether CEO Jensen Huang's affair will have spillover effects on Nvidia's business.
TechCrunchPress
OpenAI’s quarterly revenue reportedly crosses $10B for the first time
Sales of $10 billion represents an almost 50% jump from revenue of $6.7 billion the company recorded in the second quarter.
Simon Willison's WeblogNewsletter
Anthropic's IPO roadshow video
Anthropic's IPO roadshow video Anthropic kicked off their IPO roadshow yesterday, and their roadshow video has some previously unreleased information about how their business works. The section on "Approach to compute" with co-founder Tom…
Last Week in AINewsletter
Last Week (Month) in AI #347 - Nvidia's spy, Anthropic's $1.4T IPO, AI's blue wave
Catching up on five weeks: Huang under investigation, Anthropic and OpenAI priced at $1.4T and $1.25T as spending stalls, Anthropic warns it may be nearing recursive self-improvement, Gemini 4 Carbon
The DecoderPress
US data brokers are selling half a billion dollars in RL training environments to Chinese AI labs
US data brokers like Mercor, Surge AI, and AfterQuery are selling roughly half a billion dollars' worth of AI training data to Chinese labs, according to a ChinaTalk investigation. That includes the same RL environments previously built…
IEEE SpectrumPress
NSF’s X-Labs Program Draws Support From Charities and Investors
When the U.S. National Science Foundation began its X-Labs program in May, the agency said the higher-risk, higher-funded awards would create new kinds of partnerships that would confront urgent scientific and technological challenges…
The DecoderPress
Enterprise sales push OpenAI's quarterly revenue to $10 billion, though it still trails Anthropic
OpenAI grew its quarterly revenue 50 percent to $10 billion but is still burning more cash than it brings in. Adjusted operating losses climbed to $10.9 billion, while rival Anthropic operates far more efficiently on $17 billion in…
Latent SpaceNewsletter
[AINews] Mercor $750m Series D at $20B valuation, $3B run rate
November 10, 2026 — Google GA's Gemini 4 Carbon.
CNBCPress
Anthropic opens Australian retail IPO offering as AI scrutiny intensifies
Anthropic opened its Australia retail IPO offering on Wednesday, allowing individual investors to apply for shares ahead of its planned IPO.
CNBCPress
Jim Cramer says Anthropic's explosive growth could justify a record-breaking IPO
"The fact that this deal is on is bullish for tech and the AI trade," CNBC's Jim Cramer said Tuesday.
CNBCPress
CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns
CoreWeave's stock has been hammered heading into the neocloud's Q3 earnings report.
SiliconANGLEPress
Mercor raises $750M at $20B valuation to take AI agent evaluation to enterprises
Artificial intelligence training data company Mercor.io Corp. today revealed that it has raised $750 million in new funding at a $20 billion valuation. Mercor provides the human expertise used to train and evaluate AI models, drawing on a…
SiliconANGLEPress
Anthropic launches IPO roadshow with $64B fundraising goal
Anthropic PBC today kicked off the roadshow for its upcoming initial public offering. An IPO roadshow is a series of promotional events aimed at persuading institutional investors to buy shares. Anthropic plans to sell 825 million units of…
TechCrunchPress
OpenAI acquires Odessia, travel startup created by Sonder founder
OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry.
TechCrunchPress
All 7 Anthropic founders will each cash out about $250M in IPO
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
TechCrunchPress
Oura to acquire AI-native primary care startup Counsel Health for $625M
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
CNBCPress
Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say
Anthropic's IPO is expected to come roughly five months after Elon Musk took SpaceX public in a record offering.
CNBCPress
CoreWeave earnings put debt-fueled AI build-out under scrutiny
CoreWeave’s earnings after the bell could calm fears about its debt-fueled AI buildout — or stoke more fear.
The VergePress
Anthropic targets $1.4 trillion IPO
Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as…
Latent SpaceNewsletter
[AINews] Fable 5.2 retakes World #1 LLM spot as $ANT IPO roadshow begins
November 9, 2026 — Claude Fable 5.2 and Mythos 5.2 arrive on Anthropic’s IPO roadshow day. How much thinking is worth paying for?
CNBCPress
Jim Cramer says Anthropic's IPO could make or break the AI trade. Here's why
Anthropic's initial public offering could be a crucial test of investor confidence in the AI trade, CNBC's Jim Cramer said.
CNBCPress
Anthropic releases first frontier models since Amodei's call for slowdown as IPO buzz builds
The launch comes as Anthropic is gearing up for what is widely expected to be a blockbuster IPO
NVIDIA BlogCompany
NVIDIA Announces New Planned Investments in Korean Startups at the MSIT-NVIDIA AI Startup Partnership Forum
Korea’s Ministry of Science and ICT and NVIDIA hosted the MSIT-NVIDIA AI Startup Partnership Forum at COEX. Representatives from the Ministry of Science and ICT and NVIDIA met with over 20 Korean startups across foundation models, physical…
Latent SpaceNewsletter
[One Million AI Engineer Special] How Stanford Teaches AI-Native Engineering — Mihail Eric, Monaco
What do you assign when a coding agent can finish last year’s homework in one prompt? In the second run of Stanford’s CS146S, Mihail Eric brought open-source maintainers into the course. Students have to learn an unfamiliar repo, propose a…
Latent SpaceNewsletter
[AINews] Anthropic IPO: Whither Now?
November 6, 2026 — ARC Prize tests Inkling 2 Small, and Thinking Machines explains how it caught early checkpoints bypassing guardrails.
SiliconANGLEPress
OpenAI reportedly raises $11B in new funding at $1.25T valuation
OpenAI Group PBC has reportedly raised $11 billion as part of a funding round that could nearly double in size over the coming weeks, as sources told Bloomberg that investors wired the funds to the company today. The tipsters didn’t name…
SiliconANGLEPress
Kyndryl shares surge 30% on hyperscaler-related revenue growth
Shares of Kyndryl Holdings Inc. jumped 30% today after it reported better-than-expected earnings for the second quarter of its 2027 fiscal year. Kyndryl generated $3.9 billion in sales during the three months ended Sept. 30. That…
OpenAICompany
Franklin Templeton uses OpenAI to support investment research
Starting with equity research, Franklin Templeton is developing AI workflows to help portfolio managers compare research views and examine investment risks.
SiliconANGLEPress
Meta acquires AI coding startup Conductor, whose app runs several coding agents at once
Meta Platforms Inc. has acquired artificial intelligence coding startup Conductor in a deal first reported today by Axios. Conductor confirmed it’s joining Meta in a post on its website. Terms were not disclosed. The company’s software…
OpenAICompany
OpenAI to acquire Pierre Computer Company, Inc.
OpenAI will acquire Pierre Computer Company, expanding Codex’s tools for building, understanding, and reviewing code.
Latent SpaceNewsletter
[AINews] Google admits AI Mode hurts Search revenue; -15% $500B drop worst since 2004 IPO. AI Bear Market coming?
It turns out you cannot have your cake AND eat it
Google AICompany
Southeast Asia’s digital economy to hit $368 billion
Widespread AI adoption is propelling Southeast Asia's digital economy to a projected $368 billion in 2026 and $1 trillion by 2035.