JPMorgan Chase, Bank of America, Citi, and MUFG are arranging $2.5 billion in debt financing to back AI-driven investment group Long Lake Management's $6.3 billion acquisition of American Express Glob…
Mistral AI is seeking to raise approximately €3 billion in new funding at a €20 billion valuation, nearly doubling its valuation from its Series C round last year. The Paris-based startup, founded in …
Accessibility communications service Nagish has rebranded as Rylo and raised $85 million in growth funding, the company announced on June 9. The round, led by General Catalyst and Canaan alongside exi…
General Catalyst led a $150 million Series D round in Barcelona-based HR software company Factorial at a $2.5 billion valuation, while also committing an additional $540 million through a separate Cus…
Cognition AI closed a Series D round exceeding $1 billion, raising its valuation to $26 billion from $10.2 billion in September 2025, as the maker of the autonomous coding agent Devin more than double…
SPC's May 2026 update highlights major fundraises including Cognition's $1B Series D and Recursive's $650M round, along with events in SF, NYC, and Bangalore featuring humanoids, drones, and cybersecu…
Cognition, the AI coding firm behind the developer agent Devin, raised more than $1 billion at a $26 billion valuation, according to a company blog post and reporting by Bloomberg and Axios. The compa…
London-based cybersecurity startup Geordie AI has raised a $30 million Series A round led by Balderton Capital, valuing the company at $155 million post-money in what is believed to be the largest Ser…
AI coding startup Cognition AI raised over $1 billion in Series D funding at a $25 billion pre-money valuation, led by Lux Capital, General Catalyst, and 8VC. The company reported $492 million in annu…
Cognition, the developer of the autonomous AI coding agent Devin, raised over $1 billion at a $25 billion pre-money valuation on Wednesday, a sharp increase from its $10.2 billion post-money valuation…
Meta laid off roughly 8,000 employees, or 10% of its workforce, as part of a broader wave of tech industry cuts driven by AI adoption. Oracle eliminated an estimated 20,000 to 30,000 positions globall…
Anthropic is in talks to raise up to $50 billion at a valuation approaching $1 trillion, with Dragoneer, General Catalyst, and Lightspeed Venture Partners at the table. The company has projected $45 b…