Lovable Raises $400M at $13.3B Valuation
Lovable, a European vibe-coding startup, raised $400 million in a Series C round at a $13.3 billion valuation, per TechCrunch.
Lovable, a European vibe-coding startup, raised $400 million in a Series C round at a $13.3 billion valuation, per TechCrunch.
Thrive Holdings secured $2 billion in new funding at a $12 billion valuation, with plans to expand AI into physical asset management.
AI coding startup Cognition is reportedly in talks to raise funds at a $40 billion valuation, following a $26 billion valuation raise in May.
Anthropic has appointed Robert Mahari as Head of Claude for Legal, marking a significant step in integrating AI into legal practices.
A $250 million acquisition of VideoVerse by Minute Media collapsed after allegations of fraud and forged signatures emerged, with multiple legal cases now underway.
Accel raised $550 million for an India-focused fund within weeks of its last raise, part of a $3.5 billion global effort. The firm still has over 55% of its previous $650 million India fund available.
OpenAI enabled employees to sell $7 billion in stock at its current $852 billion valuation, following a $122 billion funding round.
River AI, a 2-month-old startup founded by xAI co-founder Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC.
Brad Lightcap, OpenAI's longtime COO, is leaving to pursue a new venture, marking another executive shakeup at the AI research lab.
Pixieset achieved 35% AI feature adoption by solving a real problem with Amazon Bedrock, generating alt text for 750,000 photos in the first week.
OpenAI launched ads in ChatGPT in the UK, Mexico, Brazil, Japan, and South Korea on August 11, 2026, with plans to expand further.
Anthropic has secured a $9.1 billion data center lease with Riot Platforms, covering 191 megawatts at its Texas site.