Ai

SoftBank Group Corp. • SoftBank

SoftBank secures $11.87B loan facility to back OpenAI investment: SoftBank Group Corp. has secured an $11.87 billion two-year loan facility to support its investment in OpenAI. The commitments were secured from approximately 20 banks, exceeding SoftBank's initial target of $10 billion.

Perry Weather • Series C

Perry Weather raises $110 million in Series C funding led by Silversmith: Dallas-based weather monitoring software provider Perry Weather has raised a $110 million Series C funding round led by Silversmith Capital Partners. This latest investment brings the company's total funding to approximately $131 million.

Anthropic • Nvidia

Nvidia plans up to $10 billion investment in Anthropic's IPO: Nvidia is in talks to invest up to $10 billion in Anthropic's planned initial public offering, according to a report from Reuters. The AI startup is reportedly targeting a valuation of $2 trillion for the debut. If realized, the transaction would represent the largest IPO in history.

OpenAI • OpenAI

Sam Altman rules out OpenAI public offering in 2026: OpenAI CEO Sam Altman confirmed during an interview with Fortune that the company will not go public in 2026, calling such a move ill-advised. During the interview, Altman also discussed recursive self-improvement, a recent Hugging Face hacking incident, and AI safety controls.

Luminary • Series A

Luminary raises $22 million to expand AI estate planning tools: New York City-based Luminary has raised a $22 million Series A funding round led by Ten Coves Capital. The company, which develops AI-powered workflow tools for estate planning and wealth transfer, plans to use the capital to expand its AI capabilities and commercial team.

Moonshot AI • Moonshot AI

Kimi creator Moonshot AI targets $2 billion in annual revenue: Chinese artificial intelligence startup Moonshot AI, the creator of the Kimi chatbot, is targeting $2 billion in annual revenue. While usage figures for its K3 model have declined slightly in recent months, OpenRouter data shows up to 300 billion tokens are being generated daily by K3 models on the system.