AI Funding & Deals
AI valuations, funding rounds, IPOs, acquisitions and revenue claims (AI business money).
Sriram Krishnan Is Reported to Be Targeting a $500 Million First Venture Fund
The Information reports that ex-White House AI adviser Sriram Krishnan is launching a venture firm and targeting a $500 million first fund. A target is not money raised.
Top stories
Latest
TypeSafe AI, Maker of Jev, Raises $870 Million at a $7.5 Billion Valuation
TypeSafe AI, the company behind the Jev model, announced a funding round of $870 million at a $7.5 billion valuation, led by Andreessen Horowitz, on 9 October 2026. Who TypeSafe is, what Jev does, which figures are the company's own claims, and what is still unknown.
OpenAI’s Revenue Run Rate Is Reportedly Nearer $50bn, Not $70bn: What “Annualised” Means
Update, 9 Oct 2026: Bloomberg reports that OpenAI expects to reach or exceed $70bn in annualised revenue by the end of the year, citing people familiar with the matter. That is a projection, not current revenue, and OpenAI declined to comment. The Financial Times reports that OpenAI told investors its annualised revenue was "approaching $50 billion" at the end of September, about $20bn below figures reported last month. What "annualised" means, why OpenAI and Anthropic count differently, and what the report does not prove.
AI Money and Mood: Agents and Voices Draw Cash While the Public Wants Tighter Rules
Manus raises more than $500m after Beijing blocked Meta's takeover. Tab emerges at a $300m valuation. Nvidia reportedly discusses another $1bn for Figure. ElevenLabs says it has passed a $600m run rate, and Synthesia launches Syren in beta. A Reuters/Ipsos poll finds most Americans think government is not taking AI risks seriously enough.
Reactor’s Series A: NVentures and Sapphire join the real-time world-model bet
Reactor says NVIDIA’s NVentures and Sapphire Ventures joined its Lightspeed-led Series A to scale real-time world-model infrastructure. Secondary outlets report about $74 million in total funding.
The 13 Billion Bet: Why Microsoft Is Building Its Own AI Stack
Microsoft has invested more than 13 billion in OpenAI. It powers Copilot with GPT models. It hosts OpenAI's training infrastructure on Azure. By any measure, the partnership...
Sony Just Bought a British AI Startup from Edinburgh — and Nobody Noticed
On 2 April 2026, Sony Interactive Entertainment quietly announced it had acquired Cinemersive Labs — a small AI startup founded in Edinburgh in 2022. No price was...
OpenAI at $852 Billion: The IPO That Could Change Everything
OpenAI just closed a $122 billion funding round at a post-money valuation of $852 billion. In February 2026, it hit a $25 billion annualized revenue run rate....
Metas 130 Billion AI Gamble: 20 Percent Layoffs and a Bet on the Future
Meta's $130 Billion AI Gamble: 20% Layoffs and a Bet on the FutureMeta is firing 20% of its workforce while spending $130 billion on AI. The $27...
SoftBank Wants to Borrow $40 Billion for OpenAI. Yes, Billion.
SoftBank is seeking a loan of up to $40 billion — its largest dollar-denominated borrowing ever — primarily to finance its investment in OpenAI. The deal would...
Latest on TSN
Free TSN tools: crypto calculator, Flux dashboard and more.