Late night scoop! Cognition is in early talks for a new funding round at a $40B + valuation. The AI coding startup's annualized revenue run rate is now approaching $1B, sources tell me... doubled from three months ago, when Cognition raised at a $26B valuation👇↗

We’ve raised $300M in Series C funding at a $10.3B valuation from Sequoia, Andreessen Horowitz, Jane Street, Argo, and SK Hynix. Our mission is to run the world's inference. This round accelerates production of our inference clusters. We've opened an 80,000-sqft, 10-MW facility…↗

Supabase has raised $500M at a $10B valuation In this round we are giving @supabase employees the opportunity to cash out 25% of their vested options. We have done this in every round since inception. We do it as a “cashless transaction” so that employees don’t need to front an…↗

SCOOP: Anthropic has signed a term sheet with Greenoaks, Sequoia, Altimeter and Dragoneer for a $30bn round at $900bn pre-money. Each expected to put in ~$2bn-plus. I'm old enough to remember the last time Anthropic raised $30bn... ft.com/content/9deae3…↗

Sierra is raising $950 million from new and existing investors, led by Tiger Global and GV, at a valuation of over $15 billion. We now have more than $1 billion to invest in becoming the global standard for companies wanting to transform their customer experiences with AI.  We’v…↗

We just raised $20M from @usv, @lightspeedvp, @ycombinator, @JeffDean, @patrickc, and others to build the cloud agent OS for work. …and I’m officially back in @ycombinator — spring ‘26 batch. It’s time to seize the moment. We're hiring! Read on... 🧵↗

NEWS: OpenAI just announced that it has officially closed their latest funding round with $122 billion in committed capital at a post money valuation of $852 billion. "We are now generating $2B in revenue per month. At this stage, we are growing revenue four times faster than th…↗

Today, we closed our latest funding round with $122 billion in committed capital at an $852B post-money valuation. The fastest way to expand AI’s benefits is to put useful intelligence in people’s hands early and let access compound globally. This funding gives us resources to…↗