Re

Investment

• Anthropic • Anthropic

  Anthropic files for IPO as 2025 revenue grows twelvefold to $4.6 billion: Anthropic has filed an IPO prospectus revealing its revenue grew twelvefold to $4.6 billion in 2025, while its operating loss widened to $8.06 billion. The company warned that its AI technology could pose existential risks to humanity. Backers are reportedly aiming for a valuation above $2 trillion.

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• Modal Labs • Modal Labs

  Modal Labs reportedly nears $750 million round at $15.75 billion valuation: Inference provider Modal Labs is reportedly closing in on a $750 million funding round. The new financing is expected to value the AI infrastructure startup at $15.75 billion. This valuation would more than triple the company's valuation from four months prior.

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• Instinct • Series C

  AI agent startup Instinct raises $1 billion at $10 billion valuation: AI agent startup Instinct has raised $1 billion in a Series C funding round. The investment values the company at $10 billion. Founder Noah Shinn stated that the funding will be used to expand the reach of Instinct and continue developing its personal AI technology.

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• World Labs • AMD

  AMD to acquire AI startup World Labs for $8.2 billion in all-stock deal: Advanced Micro Devices Inc. has agreed to acquire World Labs, an artificial intelligence startup founded by Fei-Fei Li, for $8.2 billion in an all-stock deal. The transaction is expected to close by the end of the year. Following the acquisition, Li will join AMD as executive vice president and chief scientist.

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