Funding & Business

Databricks says its Proteus agent harness generated Qwen 3.5 122B kernels 1.8x to 5.2x faster than vLLM on NVIDIA B200 GPUs, and that validation, not generation, was the hard part.

Andreessen Horowitz has raised $1.1B for the Machine Age Fund, backing chips, memory, networking and the buildings AI runs in. Here is what the firm disclosed, and what it did not.

GoPro shareholders get $285 million and keep 10 percent, $92 million of debt is repaid, and the camera maker takes on an optical transceiver business aimed at AI data centers.

Wonderful has closed a $550 million Series C at a $5 billion valuation, the company said in its announcement on

SB Energy, the SoftBank-controlled power and data center developer behind OpenAI’s Ohio campus, filed for an initial public offering on

Stability AI has raised $76 million in Series B funding from a group that includes the three major record labels

OpenAI has told SpaceX it’s winding down the contract that puts its models in Cursor, with a proposed shutoff date of November 12, 2026.

Nvidia had $33.5 billion of senior notes outstanding at the end of July, and its own quarterly filing lists indebtedness as a risk factor. Debt due in one to five years jumped to $15 billion.

Alibaba priced an HK$80 billion share placement, about $10.2 billion, to fund AI infrastructure. Hong Kong shares fell as much as 10%, and the completion filing splits the proceeds 60/40.

Anthropic hopes its IPO beats SpaceX record 85.7 billion dollar raise, with investors projecting a 2 trillion dollar valuation and AI backlash named as a key risk.

Runable raised a $21M Series A co-led by Susquehanna and Nexus at a $65M valuation, betting AI agents can take small businesses from built to growing.

OpenAI grew revenue 18% to $6.7 billion in Q2 while its operating loss reached $12.3 billion. Anthropic reported more than $11.5 billion and its first operating profit.