Wealth Engine
AI Funding
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Tenstorrent Funding: $1.5B at $6.2B, 2.4x Its 2024 Price
Tenstorrent funding: Jim Keller’s RISC-V chip startup raised $1.5B at a $6.2B valuation, 2.4x its 2024 price, after Qualcomm and Intel circled.
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AI Money This Week: Anthropic’s $500B IPO Haircut
Anthropic IPO talk fell about $500B to $1.5T, Microsoft quit an Nscale site and Modal raised $750M at $15.75B. The week in AI money,…
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AI Money This Week: DeepSeek’s $12B and a Failed IPO
DeepSeek drew more than $12B in commitments at a $74B valuation, Lambda sought $4B and Firmus pulled a US$30.6B IPO. The week in AI…
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Nvidia Reflection AI Talks: $800M In, $25B Valuation
Nvidia Reflection AI talks: Nvidia, already in for $800M, weighs buying the open-weight lab that sought a $25B valuation. What a deal could look…
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TypeSafe AI Funding: $870M at $7.5B, 24 Days After Launch
TypeSafe AI funding: a16z led an $870M round at a $7.5B valuation, 24 days after Jev launched and 37x the seed price, with no…
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Lambda Pre-IPO Round: $4B at a $14.5B Valuation
Lambda’s pre-IPO round seeks up to $4B at a $14.5B pre-money valuation, after its backlog jumped from $15B in June to $50B in September…
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DeepSeek Funding Round Tops $12B at a $74B Valuation
DeepSeek funding round tops $12B at a $74B valuation, 60% above target, Reuters reports, with Tencent and CATL backing the Chinese AI lab’s compute…
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AI Money This Week: Anthropic’s $518B Compute Bill
Anthropic disclosed $518B of committed compute bills this week as Broadcom arranged $102B in debt and loans. Plus OpenAI at $1.4T and AMD’s $8.2B…
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OpenAI Funding Round Targets $30B at a $1.4 Trillion Valuation
OpenAI funding round talks target at least $30B at a $1.4 trillion valuation, Bloomberg reports, as bridge financing replaces the deferred 2026 IPO.
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Island $6.4 Billion Valuation: $400M Series F at 32x ARR
Island’s $6.4 billion valuation came with a $400M Series F led by Evolution Equity. At roughly $200M ARR that is 32x revenue. The numbers,…
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AI Inference Valuations Double in 90 Days: Baseten $26B, Modal $15B
AI inference valuations are repricing fast: Baseten in talks near $26B and Modal near $15B, both above 40x annualized revenue. Neither round has closed.
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AI Training Data Funding: Snorkel Hits $3.5B, Micro1 $4B in One Day
AI training data funding hit $450M in one day: Snorkel AI raised $350M at $3.5B and Micro1 over $100M at $4B. Inside the data…