Funding & Business

SK Hynix approved a 40 trillion won buyback and cancellation, the largest in Korea, and Samsung followed with up to 110 trillion won in 2026 returns.

Generalist AI sold $198.2M of stock in a Form D filed August 24. TechCrunch reports a $3B valuation with 8VC leading, neither of which appears in the filing.

Anthropic has signed a reported $45 billion, six-year deal to rent about 460 megawatts of Nvidia Vera Rubin capacity from Nscale in West Virginia. Neither company has announced it.

Nvidia told investors it expects 70% revenue growth in fiscal 2028, against a 44% analyst consensus. That implies about $673 billion in sales, and supply is the stated cap.

The US federal inventory lists 3,611 AI use cases and marks only 1,040 deployed. Here is what that number, four filings and two health studies actually show about AI in business.

Stripe confirmed its OpenRouter deal on August 19 without disclosing terms. The NYT put it at $7.5 billion, close to six times the $1.3 billion valuation OpenRouter raised at in May.

AI accounting startup Rillet has raised a $100 million Series C at a $1 billion valuation. Iconiq led the round,

Starcloud added $250 million to its Series A at a $2.3 billion valuation, with Nvidia and Cisco joining as it races to book rocket launches before Falcon 9 winds down.

A round announcement gives you an amount and a valuation. It leaves out the terms, the share count and the revenue those numbers are priced against. Here is what is checkable, sourced from the AI Index, Epoch AI and SEC filings.

Adoption is close to universal and deployment is not. Four studies, from MIT Project NANDA to the US Census Bureau, on how much enterprise AI reaches production and why the rest stalls.

Etched raised another $700 million at a $21 billion valuation led by Jane Street, its first customer, a month after a $10.3 billion Series C.

One in five US businesses use AI. Here’s where the measured returns show up, what the seat licences cost, and where the evidence runs out.