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AI funding tracker: major rounds 2024 to 2026

A reference of the rounds that built the bubble, with sources cited where each number came from

This is a reference page, not a hype board. The goal is to give you the dollar amount, the lead investor, the post-money valuation, the date, and a one-line description of what the company actually ships, for every major AI funding event between January 2024 and the spring of 2026. Numbers are cited to TechCrunch, CNBC, Bloomberg, Reuters, official company press releases, and the few public filings that exist. If a figure is reported and not officially confirmed, the prose says so. Two things to know up front. The first is that the AI funding market in this window is not a normal venture cycle. It is a concentrated capital flow into a small group of model labs, chip companies, and enterprise tooling vendors, financed in large part by hyperscaler balance sheets and sovereign wealth funds, with several "reverse acqui-hires" that look more like talent purchases than acquisitions. The second is that the top of the curve has rounds at valuations that exceed the entire market cap of the dot-com era's largest private companies, while the cash flow profile of the underlying companies, with a few exceptions, looks more like growth-stage SaaS than mature infrastructure. We try to keep the tone plain. We say "as of June 2026 best-effort" when a number is recent enough that minor revisions are likely. We do not invent rounds, lead investors, or valuations. Where a round was announced but not closed at the time of writing, we mark it as a talks-stage or commitment figure rather than a closed round. Where a deal was structured as a license-plus-hire rather than an acquisition (the so-called reverse acqui-hire), we say so explicitly because the cap-table mechanics matter. The data here will get stale. Treat this as a snapshot, not a live feed.

What this tracker covers and what it does not

Scope is limited to companies whose primary product is generative AI, AI infrastructure for generative models, or AI-native applications built on foundation models. We include foundation-model labs (Anthropic, OpenAI, xAI, Mistral, Cohere), AI infrastructure (Cerebras, Groq, Together.ai, Hugging Face), AI coding labs (Magic), enterprise AI apps (Glean, Harvey, Writer, Jasper, Perplexity), media generation (Runway, Pika, Synthesia, ElevenLabs, Suno, Udio, Midjourney, Stability), and the structurally interesting non-rounds (Inflection-Microsoft, Adept-Amazon, Character.AI-Google). We do not cover: pure GPU-backed cloud compute providers like CoreWeave (a separate category with different financial mechanics, including a public IPO), hyperscaler internal AI spend, enterprise SaaS companies that bolted on AI but are not AI-native, the long tail of seed-stage AI companies, or non-US/non-EU labs except in passing. The chip companies Nvidia, AMD, and TSMC are not in scope here because their valuations are public-market driven. Numbers are post-money valuation unless otherwise stated. Dollar amounts are in US dollars. Where rounds were originally denominated in euros, we cite the press-release euro figure and a USD equivalent at the announcement date. We have done our best to flag commitments versus closed rounds; the Saudi-Groq $1.5B commitment, for example, is a commitment to deploy infrastructure, not a single equity tranche.

Foundation-model labs: the top of the stack

These are the companies building general-purpose frontier models. Five players dominate the round-size league table. As of early 2026, OpenAI and Anthropic alone account for more committed primary capital than every other AI company combined.

CompanyOpenAI
Round / dateTender offer · Oct 2024
Amount$6.6B
Lead / notable investorsThrive Capital led; Microsoft, Nvidia, SoftBank, MGX, Khosla, Fidelity
Post-money valuation$157B
What they buildGPT-series frontier models, ChatGPT, API
CompanyOpenAI
Round / dateSoftBank-led round · Mar 2025
Amount$40B
Lead / notable investorsSoftBank ($30B); Microsoft, Coatue, Altimeter, Thrive
Post-money valuation$300B
What they buildFrontier models, agents, Stargate compute build-out
CompanyOpenAI
Round / dateClosed round · Mar 2026
Amount$122B
Lead / notable investorsAmazon ($50B), Nvidia ($30B), SoftBank ($30B)
Post-money valuation$852B
What they buildFrontier models, infrastructure, agents
CompanyAnthropic
Round / dateSeries F · Mar 2025
Amountn/a (secondary plus primary)
Lead / notable investorsLightspeed lead reported
Post-money valuation$61.5B
What they buildClaude family, Claude API, Claude Code
CompanyAnthropic
Round / dateSeries G · Feb 2026
Amount$30B (primary)
Lead / notable investorsGIC and Coatue led; D.E. Shaw, Dragoneer, Founders Fund, ICONIQ, MGX co-led
Post-money valuation$380B
What they buildClaude, agentic systems, enterprise API
CompanyAnthropic
Round / dateGoogle strategic · 2026
Amount$10B initial, up to $40B total
Lead / notable investorsGoogle (contingent milestones)
Post-money valuation$350B at first tranche
What they buildContinued Claude development plus TPU compute
CompanyxAI
Round / dateSeries B · May 2024
Amount$6B
Lead / notable investorsAndreessen Horowitz, Sequoia, Valor, Vy Capital, Fidelity
Post-money valuation$24B
What they buildGrok models, X integration
CompanyxAI
Round / dateSeries C · Dec 2024
Amount$6B
Lead / notable investorsValor, Andreessen Horowitz, Sequoia, Kingdom Holding, Fidelity, MGX
Post-money valuation$50B
What they buildColossus supercluster, Grok
CompanyxAI
Round / dateSeries E · Jan 2026 (reported)
Amount$20B (target $15B)
Lead / notable investorsNvidia, Cisco, Fidelity, Abu Dhabi and Qatar SWFs
Post-money valuationapprox $230B
What they buildFrontier models, X integration
CompanyMistral AI
Round / dateSeries B · Jun 2024
Amount$640M (€600M, equity plus debt)
Lead / notable investorsGeneral Catalyst lead; Lightspeed
Post-money valuationapprox $6.2B (€5.8B)
What they buildOpen-weight and licensed models, Mistral Large
CompanyMistral AI
Round / dateSeries C · Sep 2025
Amountapprox $2B (€2B equiv)
Lead / notable investorsASML led with €1.3B; MGX participant
Post-money valuationapprox $14B (€11.7B)
What they buildFrontier and enterprise models, EU sovereign AI
CompanyCohere
Round / dateSeries D · Aug 2025
Amount$500M
Lead / notable investorsRadical Ventures, Inovia Capital co-led; Nvidia, AMD Ventures, Salesforce Ventures
Post-money valuation$6.8B
What they buildCommand R series, enterprise embedding and RAG

What the foundation-lab numbers actually mean

Three observations worth pulling out before moving on. First, the OpenAI cap table is unusual. The October 2024 round was a tender at $157B post. The March 2025 SoftBank-led round was $40B at $300B post, an effective markup of roughly 1.9x in five months. The March 2026 round was reported at $122B at $852B post, another roughly 2.8x markup in a year. The pace of the markup is itself the story: each round is large enough that the marginal price-discovery is being set by sovereign and hyperscaler money, not by traditional growth-equity firms. Second, Anthropic has rapidly closed the valuation gap. The February 2026 Series G at $380B post-money, plus the Google strategic at a reported $350B entry valuation with up to $40B contingent, puts Anthropic in roughly the same order of magnitude as OpenAI. By contrast Anthropic was valued at $18B at the start of 2024. The compression of the markup curve is one of the cleanest cases of price action being driven by scarcity of "frontier model lab" assets rather than fundamentals. Third, xAI's growth from $24B in May 2024 to a reported approx $230B by January 2026 is the steepest curve in the cohort, financed in large part by sovereign wealth from the Gulf. The March 2025 xAI-X merger transaction valued xAI at $80B and X at $33B in Musk's own framing. The same operator running both means the equity flow is harder to disentangle than for the other labs.

Infrastructure and inference: the picks and shovels

Three companies stand out in the AI infrastructure layer for non-public capital activity: Cerebras went all the way to an IPO, Groq pivoted toward Gulf-state infrastructure financing, and Together.ai is positioning as the open-source-first inference cloud.

Cerebras Systems

IPO May 2026 · approx $40B implied

Wafer-scale AI accelerator company. Raised $1.1B at an $8.1B valuation in September 2025, then $1B at $23B in February 2026, then priced an IPO in May 2026 at $185 per share with an implied market cap of approximately $40B (roughly $99B fully diluted). Revenue scaled from $24.6M in 2022 to $510M in 2025 per the S-1 disclosure.

Groq

Sep 2025 · $6.9B

Inference-only chip company built around its LPU architecture. Series D in August 2024: $640M at $2.8B post-money, led by BlackRock with Cisco, KDDI, Samsung Catalyst, Neuberger Berman. September 2025 follow-on: $750M at approx $6.9B post-money. Plus a $1.5B commitment from Saudi Arabia in February 2025 to fund a Dammam data center, structured as infrastructure commitment, not pure equity.

Together.ai

Feb 2025 · $3.3B

Open-source-first AI cloud and inference platform. Series B in February 2025: $305M, General Catalyst and Prosperity7 co-led, Salesforce Ventures, Nvidia, Kleiner Perkins, Coatue participating. $3.3B post-money, up from a reported $1.25B the prior year.

Hugging Face

Aug 2023 · $4.5B

Model hub and open-source community platform. Series D in August 2023: $235M at $4.5B post-money. Investors included Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce, Sound Ventures. Reported FY2024 revenue approximately $130M per third-party trackers. No publicly confirmed primary round in 2024 or 2025 at the time of writing.

Magic

Aug 2024 · approx $1.5B reported

AI-coding lab building a long-context coding model. August 2024: $320M, led by Eric Schmidt and Alphabet's CapitalG, with Atlassian, Sequoia, Elad Gil, Jane Street, Nat Friedman and Daniel Gross. Total funding to date approximately $465M. Specific post-money valuation for the August round was not publicly disclosed; prior reporting (Reuters) indicated a target above $1.5B.

Enterprise AI applications: tools sold into the Fortune 500

These are the AI-native application companies selling primarily into enterprise IT, legal, finance, and knowledge-work organizations. The unit-economic story here is healthier than at the model-lab layer: most of these companies cite real ARR figures (Glean over $100M, Harvey targeting $100M, Writer with strong Fortune 500 logos).

CompanyGlean
Round / dateSeries D · Feb 2024
Amount$200M+
Lead investorsKleiner Perkins, Lightspeed, Sequoia, others
Post-money$2.2B
ProductEnterprise search across SaaS apps
CompanyGlean
Round / dateSeries E · Sep 2024
Amount$260M+
Lead investorsAltimeter and DST Global co-led; Craft, Sapphire, SoftBank Vision Fund 2
Post-money$4.6B
ProductEnterprise search plus Glean Prompting
CompanyGlean
Round / dateSeries F · Jun 2025
Amount$150M
Lead investors(unnamed lead, see Glean blog)
Post-money$7.2B
ProductEnterprise AI work assistant
CompanyHarvey
Round / dateSeries D · Feb 2025
Amount$300M
Lead investorsSequoia led; Coatue, Kleiner, OpenAI Startup Fund, GV, REV (LexisNexis arm)
Post-money$3B
ProductLegal AI for law firms and in-house teams
CompanyHarvey
Round / dateSeries E · Jun 2025
Amount$300M
Lead investors(see Harvey blog)
Post-money$5B
ProductLegal AI agents
CompanyHarvey
Round / dateGrowth round · Mar 2026
Amount$200M
Lead investorsGIC and Sequoia co-led
Post-money$11B
ProductLegal AI agents at enterprise scale
CompanyWriter
Round / dateSeries C · Nov 2024
Amount$200M
Lead investorsPremji Invest, Radical Ventures, ICONIQ Growth co-led; Adobe, IBM, Salesforce, Workday Ventures
Post-money$1.9B
ProductEnterprise generative AI platform, Palmyra models
CompanyPerplexity
Round / dateSeries B-ish · Dec 2024
Amount(see filings)
Lead investorsVarious
Post-money$9B (reported)
ProductAI-native search
CompanyPerplexity
Round / dateSeries E · May 2025
Amount$500M
Lead investorsAccel led
Post-money$14B
ProductAI-native search, Comet browser
CompanyPerplexity
Round / dateExtension · Jul 2025
Amount$100M
Lead investors(extension to E)
Post-money$18B
ProductAI-native search
CompanyPerplexity
Round / dateTap-up · Sep 2025
Amount$200M
Lead investors(reported via TechCrunch)
Post-money$20B (reported)
ProductAI-native search

Media generation: video, voice, music, image

The creative-tool layer. The interesting structural fact here is that one of the largest and most profitable companies in the cohort, Midjourney, has taken zero venture capital. Two companies in the cohort (Suno, Udio) face active litigation from major record labels.

Runway

Apr 2025 · $3B

AI video generation. Series D in April 2025: $308M, General Atlantic led, with Nvidia, SoftBank, Fidelity, Baillie Gifford. $3B post-money, up from a previous $1.5B. Later reporting indicates a Series E at approx $5.3B.

Synthesia

Jan 2025 · $2.1B

Enterprise AI avatar video. Series D in January 2025: $180M, NEA led, with GV, MMC, FirstMark, WiL, Atlassian Ventures, PSP Growth. $2.1B post-money. Later $200M Series E in January 2026 led by GV with Nvidia NVentures at $4B post.

ElevenLabs

Jan 2025 · $3.3B

AI voice generation. Series C in January 2025: $180M, a16z and ICONIQ Growth co-led, with NEA, WiL, Valor, Endeavor Catalyst, Lunate. $3.3B post-money. Subsequent February 2026 round: $500M at $11B, Sequoia led, per CNBC and TechCrunch.

Pika Labs

Jan 2024 · approx $530M

AI video generation. Series A in January 2024: approx $80M, Lightspeed led, with Spark Capital and angel investors including Andrej Karpathy and Elad Gil. Approximately $530M valuation reported. A subsequent Series B in 2024 added approximately $80M more.

Suno

Late 2025 · $2.45B

AI music generation. Series B in May 2024: $125M, Lightspeed led, with Nat Friedman, Daniel Gross, Matrix, Founder Collective. $500M post-money reported. Series C in late 2025 at $2.45B post-money on approximately $200M in revenue per TechCrunch. Suno faces active litigation from the major US record labels.

Udio

Apr 2024 · undisclosed post

AI music generation, founded by ex-DeepMind researchers. Seed round of $10M announced April 2024, a16z led, with will.i.am, Common, UnitedMasters, Mike Krieger. Like Suno, Udio is subject to major-label copyright litigation.

Midjourney

No VC · approx $300M 2024 revenue

AI image generation. Bootstrapped. Zero outside venture capital. Cited as profitable since the first months of 2022. Multiple third-party trackers put 2024 revenue in the $200M to $300M range; one tracker cites $500M ARR by 2025 and an internal valuation of approximately $10B. Treat the implied-valuation figures as third-party estimates, not official disclosures.

Stability AI

Jun 2024 · rescue round

Maker of Stable Diffusion. June 2024 rescue financing of approximately $80M, led by an investor group including Sean Parker (as executive chairman), Greycroft, Coatue, Sound Ventures, Lightspeed, O'Shaughnessy Ventures, Eric Schmidt, and others. CEO Emad Mostaque had departed in March 2024 amid an investor-mutiny situation; Prem Akkaraju took over as CEO. Valuation not officially disclosed but widely reported as well below the previously cited $1B mark.

The reverse acqui-hires: when a buyout looks like a license

A new deal structure took shape in 2024: Big Tech hires the founders, licenses the technology, and pays investors back, without filing for a formal acquisition. Three of these landed inside a four-month window and triggered active FTC and CMA inquiries. Pull these out separately because the cap-table consequences look nothing like a normal round.

  1. Mar 2024

    Microsoft - Inflection AI

    Microsoft hired Mustafa Suleyman (Inflection CEO, ex-DeepMind co-founder) and most of the senior team to lead the newly formed Microsoft AI consumer division. Microsoft paid Inflection approximately $650M in licensing fees. Inflection had previously raised approximately $1.525B at a $4B valuation in June 2023. The licensing payment was structured to make Inflection investors close to whole. The FTC opened an inquiry into whether the structure was designed to evade an acquisition review.

  2. Jun 2024

    Amazon - Adept

    Amazon hired Adept CEO David Luan (ex-OpenAI VP Engineering) plus co-founders Augustus Odena, Maxwell Nye, Erich Elsen, Kelsey Szot, and other employees to Amazon's AGI team. Amazon took a non-exclusive license to Adept's technology. Adept had raised approximately $415M total, including a $350M Series B in March 2023 at over $1B valuation. Adept continued nominally as an independent company with a remaining team. FTC inquired.

  3. Aug 2024

    Google - Character.AI

    Google paid approximately $2.7B for a non-exclusive license to Character.AI's technology and the rehire of co-founders Noam Shazeer and Daniel De Freitas, plus key researchers. Shazeer had previously worked at Google and left in 2021. Character.AI had been valued at $1B in 2023. The Department of Justice opened an inquiry into whether the structure circumvented antitrust review. This is the deal that crystallized the pattern.

The meta-observation: what shape this funding cycle actually has

Most of the public commentary on the 2024-2026 AI funding cycle reaches for the word "bubble" without specifying what kind of bubble. There are at least three distinct shapes layered on top of each other, and they have different risks. The first shape is hyperscaler-driven capex into AI infrastructure. Big Five hyperscaler capex is on track for over $600B in 2026 per multiple industry trackers, roughly 75% of which is AI-related. This is being financed with a mix of operating cash flow, free-cash-flow contraction (Strategas estimates a 16%+ FCF shrink at the hyperscalers over the next 12 months), and roughly $108B of debt issued in 2025 alone with projections of approximately $1.5T over the coming years. This is a balance-sheet bet, not a venture bet. If frontier model demand stalls, the public-market hit lands on Amazon, Microsoft, Google, Meta, and Oracle first. The second shape is private-market concentration into the top five labs. Nearly two-thirds of US venture deal value went to AI in H1 2025, up from 23% in 2023, with most of that flowing to a handful of names. OpenAI plus Anthropic alone now account for more committed primary capital than the rest of the AI cohort combined. The Bank of America Global Fund Manager Survey in late 2025 was the first in two decades to show a majority of fund managers worrying that companies are overspending. That is a sentiment indicator, not a fundamental one, but it is a meaningful regime shift. The third shape is circular financing among the largest players. Nvidia invests in OpenAI; OpenAI commits to Nvidia compute purchases; Microsoft invests in OpenAI; OpenAI uses Microsoft Azure; Amazon invests in Anthropic; Anthropic runs on AWS. The cash flows back to the strategic investor. This is not new (telecom did versions of it in the late 1990s), and it is not inherently a fraud signal. But it means traditional revenue-quality analysis is hard, because so much of the customer base is also the funding base. None of this implies a crash. It does imply that the shape of the cycle is being driven by capital allocation at the very top of the stack, not by bottom-up product unit-economics at the application layer. Treat the round sizes accordingly.

What to watch through the rest of 2026

A short list of the verifiable forward indicators that will tell you which way this cycle resolves. None of these are predictions. They are the tape to watch.

  • Hyperscaler free cash flow trajectory through 2026 reported earnings. Strategas projected over 16% FCF contraction; the actual prints will say whether AI capex is being financed through operating cash or through debt.
  • OpenAI primary-market markup velocity. The cadence of $157B (Oct 2024) to $300B (Mar 2025) to $852B (Mar 2026) cannot continue indefinitely without an IPO or a structural change.
  • Cerebras post-IPO trading. The first publicly traded pure-play AI infrastructure name (post-IPO May 2026 at approximately $40B implied) becomes the price-discovery instrument for the rest of the chip cohort.
  • Court resolution on Suno and Udio. The major-label suits filed in 2024 are the cleanest copyright test cases for generative media. A ruling either way reshapes the music-generation funding thesis.
  • Regulatory resolution on the reverse acqui-hires. FTC, DOJ, and CMA inquiries on Microsoft-Inflection, Amazon-Adept, and Google-Character.AI are open as of writing. A consent decree or a forced unwind would change the structure of future Big Tech minority deals.
  • Anthropic / Google milestone tranches. The reported $30B contingent on milestones inside the up-to-$40B Google commitment is one of the cleanest publicly visible cases of contingent strategic AI capital. The tranche releases will be readable as a signal of Anthropic performance.
  • Sovereign wealth participation share. MGX (UAE), the Saudi PIF, Qatar Investment Authority, GIC (Singapore), and Mubadala have appeared as anchor or co-lead investors in xAI, OpenAI, Anthropic, Mistral, and Groq. Their share of the next round of marquee deals will tell you how Gulf and East Asian sovereign capital is sizing the AI trade.
  • Enterprise revenue at the application layer. Glean over $100M ARR, Harvey targeting $100M, ElevenLabs over $330M, Writer with Fortune 100 logos. The application-layer companies are the only part of the cohort with a SaaS-style revenue ramp visible from the outside. Watch their net retention numbers.

Honest disclaimers

Three things to flag explicitly. First, several figures here come from press reports rather than official company disclosures. We have tried to call out which is which in the prose. Where a number was reported but not confirmed by the company, the text says "reported." Where a number was officially announced, the text cites the press release or filing. Where two reputable sources disagree on a figure, we have used the more conservative one and noted the discrepancy. Second, valuations are point-in-time. A $200B mark in one round does not mean the company is "worth" $200B in any liquid-market sense. Private valuations are negotiated between the company and the lead investor, and they typically come with preference stacks, anti-dilution, and other terms that mean the headline number overstates the value to common equity. Read the post-money numbers as the price for the most recent tranche of preferred, not as the fair market value of the whole company. Third, this page will be wrong by the time you read it. New rounds close on roughly a monthly cadence in this market. Treat this as a snapshot of what was publicly known as of June 2026 best-effort. For current pricing, check the company press releases and the official filings; for the few public companies in the cohort, check the relevant 10-Q or 8-K. AtomEons does not provide investment advice and nothing on this page constitutes a recommendation.

Sources

  1. [01]

    Anthropic Series G of $30B at $380B post-money in February 2026.

    anthropic.com/news/anthropic-raises-30-billion-series-g-funding

  2. [02]

    Anthropic was valued at $61.5B in early March 2025.

    cnbc.com 2025-03-03 Anthropic at $61.5 billion

  3. [03]

    Google committed up to $40B to Anthropic in 2026, with $10B initial and the rest contingent on milestones.

    pymnts.com 2026 Google Doubles Down on Anthropic With $40B

  4. [04]

    OpenAI raised $6.6B at $157B post-money in October 2024 from Thrive, Microsoft, Nvidia, SoftBank, MGX.

    cnbc.com 2024-10-02 OpenAI closes funding at $157B valuation

  5. [05]

    OpenAI closed $40B at $300B post-money in March 2025, SoftBank-led.

    cnbc.com 2025-03-31 OpenAI closes $40B funding round

  6. [06]

    OpenAI's own confirmation of the $122B round and $852B post-money valuation in 2026.

    openai.com/index/accelerating-the-next-phase-ai

  7. [07]

    xAI raised $20B in early January 2026 at approximately $230B valuation.

    cnbc.com 2026-01-06 xAI raises $20B from Nvidia, Cisco, Fidelity

  8. [08]

    xAI Series B at $24B in May 2024 and Series C at $50B in December 2024.

    sacra.com/c/xai

  9. [09]

    Mistral AI Series C of approximately 2B EUR at approximately $14B valuation in September 2025, ASML led.

    bloomberg.com 2025-09-03 Mistral at $14B valuation

  10. [10]

    Cohere reached $7B valuation in September 2025 following its August $500M Series D at $6.8B.

    techcrunch.com 2025-09-24 Cohere hits $7B valuation

  11. [11]

    Perplexity Series E of $500M at $14B in May 2025 led by Accel, followed by extensions at $18B and $20B.

    techcrunch.com 2025-05-12 Perplexity raises $500M at $14B

  12. [12]

    Magic raised $320M in August 2024 from Eric Schmidt, CapitalG, Atlassian, Sequoia, bringing total funding to approximately $465M.

    techcrunch.com 2024-08-29 Magic lands $320M

  13. [13]

    Amazon licensed Adept's technology and hired its founders in June 2024; Adept had raised approximately $415M total.

    geekwire.com 2024 Amazon hires Adept founders

  14. [14]

    FTC and CMA opened scrutiny on Microsoft-Inflection and Amazon-Adept; Microsoft paid Inflection approximately $650M in licensing fees.

    fortune.com 2024-07-17 reverse acqui-hire scrutiny

  15. [15]

    Inflection AI raised $1.3B at $4B in June 2023 from Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, Nvidia.

    techcrunch.com 2023-06-29 Inflection raises $1.3B

  16. [16]

    Glean Series E of $260M+ at $4.6B in September 2024, Altimeter and DST Global led; Series F of $150M at $7.2B in June 2025.

    techcrunch.com 2024-09-10 Glean Series E at $4.6B

  17. [17]

    Harvey Series D of $300M at $3B in February 2025; later $11B round in March 2026 co-led by GIC and Sequoia.

    fortune.com 2025-02-12 Harvey raises $300M Sequoia-led

  18. [18]

    Writer Series C of $200M at $1.9B in November 2024, Premji Invest, Radical, ICONIQ Growth co-led.

    techcrunch.com 2024-11-12 Writer raises $200M at $1.9B

  19. [19]

    Google paid approximately $2.7B in August 2024 to license Character.AI technology and rehire Shazeer; DOJ inquiry opened.

    nasdaq.com Google Spent $2.7B To Rehire Noam Shazeer

  20. [20]

    Stability AI received approximately $80M in rescue financing in June 2024 from Sean Parker, Greycroft, Coatue, Lightspeed, Eric Schmidt; Prem Akkaraju became CEO.

    stability.ai/news Stability AI Secures Significant New Investment June 2024

  21. [21]

    Runway Series D of $308M at $3B in April 2025, General Atlantic led, with Nvidia, SoftBank, Fidelity, Baillie Gifford.

    techcrunch.com 2025-04-03 Runway Series D and runwayml.com news

  22. [22]

    Synthesia Series D of $180M at $2.1B in January 2025 (NEA led); later Series E at $4B in January 2026 with GV and Nvidia NVentures.

    synthesia.io/post/series-d-funding plus cnbc.com 2026-01-26 Synthesia at $4B

  23. [23]

    ElevenLabs Series C of $180M at $3.3B in January 2025 (a16z and ICONIQ Growth); $500M at $11B in February 2026 led by Sequoia.

    elevenlabs.io/blog/series-c plus techcrunch.com 2026-02-04 ElevenLabs at $11B

  24. [24]

    Suno Series B $125M at $500M in May 2024; Series C in late 2025 at $2.45B post-money on approximately $200M revenue; Suno and Udio face major-label litigation.

    techcrunch.com 2025-11-19 Suno raises at $2.45B plus billboard.com Suno Series B

  25. [25]

    Cerebras IPO May 2026 at approximately $40B implied; Together AI Series B $305M at $3.3B Feb 2025; BofA late-2025 fund manager survey first in two decades showing majority worried about over-investment; hyperscaler capex projected over $600B in 2026 with approximately 75% AI-related; Midjourney bootstrapped status and $200-300M revenue; Groq Series D $640M at $2.8B Aug 2024 plus Saudi $1.5B commitment Feb 2025; Hugging Face Series D $235M at $4.5B Aug 2023; Pika Labs Series A approximately $80M at approximately $530M Jan 2024 (Lightspeed led, Spark Capital participating); Udio seed $10M April 2024 a16z led.

    cnbc.com 2026-05-11 Cerebras IPO, prnewswire.com Together AI Series B, fortune.com 2025-11-18 BofA survey, introl.com hyperscaler capex 2026, sacra.com Midjourney profile, datacenterdynamics.com Groq, trajectoryventures.vc Groq Saudi, techcrunch.com 2023-08-24 Hugging Face Series D, washingtonpost.com 2024 Pika Series A, musicbusinessworldwide.com Udio seed

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LAB · ATOMEONS · MARCO ISLAND FLÆONS RESEARCH · 12 PAPERS · CC-BY 4.0ORANGEBOX v1.0.0-beta · TURBO-OPTIMIZE CLAUDE · SHIPPED 2026-05-30B00KMAKR v3.2.0 · AI PUBLISHING COCKPIT · MAC + WINDOWSFREE LAUNCH WEEK · ENDS JUNE 6 · §4A NO-SAAS LOCKFOUNDER'S VIEW · NEXT BROADCAST IN ...CITE THE WORK · FORWARD THE LINK · NO ALGORITHMLAB · ATOMEONS · MARCO ISLAND FLÆONS RESEARCH · 12 PAPERS · CC-BY 4.0ORANGEBOX v1.0.0-beta · TURBO-OPTIMIZE CLAUDE · SHIPPED 2026-05-30B00KMAKR v3.2.0 · AI PUBLISHING COCKPIT · MAC + WINDOWSFREE LAUNCH WEEK · ENDS JUNE 6 · §4A NO-SAAS LOCKFOUNDER'S VIEW · NEXT BROADCAST IN ...CITE THE WORK · FORWARD THE LINK · NO ALGORITHM