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Cohere Signs Letter of Intent for Proposed Acquisition of AI Security Startup AISLE

Cohere signed a letter of intent for a proposed acquisition of AISLE, the Prague AI security startup. Terms were not disclosed.

CoinShares Launches OnChain Strategies With Safe Labs and Kiln Railnet

CoinShares launched OnChain Strategies with Safe Labs and Kiln Railnet, offering managed stablecoin yield while clients keep asset control.

Mistral Acquires New Material and Forms a Solutions Design Unit; No Deal Value Disclosed

Mistral has acquired New Material and will form a Solutions Design unit. No deal value was disclosed.

Prime Intellect Acquires Moondream; Founders to Lead Inference and Multimodal Work

Prime Intellect acquired Moondream. An internal evaluation comparing Moondream 3.1 with Meta's Muse Wonder is Prime's own unpublished work.

Modal Raises $750 Million Series D at a $15.75 Billion Valuation After Crossing $1 Billion Run Rate

Modal raised a $750 million Series D at a $15.75 billion post-money valuation, led by Accel, and says its annualized run rate is above $1 billion.

Anthropic Told Investors Its Third-Quarter Revenue Reached $16.8 Billion, Reports Say

Anthropic told prospective IPO investors its third-quarter revenue was $16.8 billion, up 45%, the FT and Reuters report. No official release.

Anduril Lets Employees Sell Shares at a Roughly $90 Billion Valuation, Bloomberg Reports

Anduril is letting employees sell shares at $94.80 each in a tender valuing it at roughly $90 billion, Bloomberg reports. Anduril has not commented.

Labelbox Raises More Than $100 Million in Series E Financing, Including a Credit Facility

AI data company Labelbox raised more than $100m in Series E financing, including equity and a credit facility, at a $1.25bn pre-money valuation.

Duvo Raises $32 Million Series A Led by Balderton to Take Its AI Operations Platform to the US

Duvo, whose platform lets staff and AI agents run business processes together, raised $32M led by Balderton to expand in the US, starting with retail.

Harmonic Security Raises $50 Million to Police What Employees Send to AI Tools

Harmonic Security, which checks what staff send to AI tools, has raised a $50 million Series B led by Crosspoint Capital Partners. No valuation was given.

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