Anthropic's shares are trading on secondary markets at an implied valuation of $1.2 trillion, a 550% jump in a year, driven by extreme scarcity as almost no employees or early investors are selling. T…
Anthropic has reached a $1.2 trillion valuation on secondary markets, driven by a 550% year-over-year increase and scarcity of shares, making it the most coveted company in venture secondary market hi…
Lovable, a Swedish startup enabling non-coders to build web apps via natural language, is in talks to raise $300 million at a $13.2 billion valuation, doubling its valuation from seven months ago. The…
Swedish AI startup Lovable is in talks to raise $300 million at a valuation between $13 billion and $13.2 billion, more than doubling its December valuation. The company, which lets users build apps b…
Swedish vibe-coding startup Lovable is in talks to raise $300 million at a $13.2 billion valuation, doubling its December valuation, with Menlo Ventures expected to lead the round. The company, which …
AI now writes nearly all code at startups like Alma, Chainguard, and Wordsmith AI, with Anthropic's Claude Code as the dominant tool. Founders report massive speed gains but also warn of a 'cleanup ta…
Agency, a Boston-based startup founded in 2024, launched an agentic AI platform for customer success that deploys autonomous agents like Kai to monitor signals and execute personalized playbooks acros…
Software engineers are facing an identity crisis and depression as they are forced to fix poor-quality AI-generated code, according to Menlo Ventures partner Deedy Das. The rapid adoption of AI tools …
Venture capitalist Deedy Das says software engineers face an identity crisis bordering on depression as AI coding tools create a divide between 'lazy' engineers who rely on AI and 'craftsmen' who must…
Menlo Ventures raised $3 billion, its largest fund in 50 years, fueled by a single bet on Anthropic now worth about $14 billion. The firm split the capital into early-stage and growth funds to back AI…
Inception Labs' Mercury 2 diffusion language model outperforms Google DeepMind's DiffusionGemma on reasoning benchmarks while achieving parallel text generation speeds of over 1,000 tokens per second.…
Anthropic confidentially filed a draft S-1 with the SEC on June 1, 2026, after a $65 billion Series H round at a $965 billion valuation, positioning it for a potential IPO. The company has not set a s…
Alex Mashrabov's AI video startup Higgsfield claims a $500 million revenue run rate, up from $50 million in September 2025, as it raises a Series B round driven by inbound investor interest. The compa…
Higgsfield, an AI video startup, reported an annual revenue run rate of $500 million as of June 2026, up from $50 million in September 2025, and is now cash-flow positive. The company works with 390 F…
Higgsfield, a San Francisco AI video startup, has reached a $500 million revenue run rate, up from $50 million last September, and is cash-flow positive. The company aims to rival AI coding platforms …
Anthropic, valued at $965 billion, has confidentially filed for an IPO, targeting a valuation of $1 trillion or higher. Amazon and Google, two of the AI lab's largest early investors, stand to reap ma…
More than 60% of U.S. adults used AI in the first half of 2025, yet consumer AI spending remained flat at roughly $12 billion, according to a VC Cafe column by Eze Vidra citing Menlo Ventures data. Ch…
AI music startup Suno raised $400 million at a $5.4 billion valuation, doubling its worth from seven months ago. The company, which generates songs from text prompts and has over two million subscribe…
OpenRouter, an AI gateway startup founded in 2023, raised $113 million in Series B funding led by CapitalG, the growth venture fund of Alphabet, reaching a post-money valuation of approximately $1.3 b…