- Anthropic tells IPO investors revenue hit $16.8B as growth cools
The October 14th update showed 45% quarter-over-quarter growth, down from more than doubling in Q2, while some investors had expected annualized revenue above $100B by year-end.
- Base Electron files for IPO with Applied Digital as its power customer
Led by Applied Digital co-founder Wes Cummins, Base Electron is developing a planned 1.2-GW North Dakota project under a 15-year power agreement with Applied Digital.
- Salesforce agrees to buy Listen Labs, adding AI customer research to its CRM
The September 29th deal brings a platform for AI-moderated interviews and customer simulations into Salesforce; neither side disclosed a price.
- Anthropic's IPO prospectus puts a $42B loss beside $518B in infrastructure obligations
Revenue reached nearly $4.6B in 2025, but a $34B accounting charge drove most of the reported net loss as Anthropic targets a valuation above $2T.
- AMD agrees to buy Fei-Fei Li's World Labs for $8.2B in stock
Li will join AMD as executive vice president and chief scientist, while World Labs' research team is set to continue inside the chipmaker.
- Replit acquires Atta and adds business analysis to its coding agent
The first integration puts interactive, AI-generated charts in Replit chat, extending the platform from building apps to exploring company data.
- NetApp plans to buy PEAK:AIO for its AI storage architecture
Founder Mark Klarzynski built three storage companies that were acquired before PEAK:AIO; NetApp wants its metadata technology alongside ONTAP.
- Firmus plans a $5B IPO with a $77M first-half loss forecast
Co-founders Oliver Curtis and Tim Rosenfield are taking an infrastructure builder to public markets as most of its planned data centers remain under development.
- Cognex will buy RealSense for $500M, 14 months after its Intel spinout
The deal gives Cognex a robotics perception stack and values RealSense at roughly 5.6x to 6.3x its projected 2026 revenue.
- Nscale files for an IPO after $1.02B first-half loss and rapid AI buildout
Josh Payne's AI infrastructure builder reported $140.6M in half-year revenue; share count, price range and proceeds remain unset.
- Darkroom opens Shadow, its co-founder's AI workspace, starting at $120 a month
Jackson Corey built Shadow after stepping back from agency operations; Darkroom acquired the sister company and ran on it for six months.
- TRG buys Vista in its third endpoint-services deal since July
Sean Kennedy's Gemspring-backed roll-up adds more than 400 field and support staff across the UK and Ireland; terms were not disclosed.
- OpenAI buys Glass Imaging, adding iPhone camera veterans to its hardware push
Ziv Attar and Tom Bishop built iPhone Portrait Mode technology before creating a neural image processor valued above $300M in OpenAI's deal.
- fal acquires Lucent to add creative agents above its model APIs
Dimi Panagiotopoulos and Alex Koumpas join fal after building an ad-focused workspace that coordinated image and video models through chat.
- Superhuman agrees to buy Fathom to give its agents meeting memory
Richard White is betting on Superhuman's 40 million-user distribution as meeting notes become fuel for workplace agents.
- Yardi buys Sidero Labs as Talos Linux adds a native hypervisor
Sidero president Steve Francis says the acquisition will support Talos Linux's move into virtual machines and standalone containers; an alpha release is due at TalosCon in October, with general availability planned for December.
- OpenAI shelves its 2026 IPO because the safety work is not done
Sam Altman's decision keeps OpenAI private after an S-1 filing and shifts the public-market race to Anthropic.
- Baseten announces Blaxel acquisition to put agent runtimes beside model inference
Baseten says the acquisition will add sandboxes, persistent storage and networking for long-running agents, with Blaxel remaining available during the integration.
- Analog Devices agrees to pay up to $1.55B for Alif's edge AI chips
Analog Devices is buying the seven-year-old chipmaker founded by Syed Ali and Reza Kazerounian, which builds processors for AI inside power-constrained devices.
- Anthropic weighs shareholder sales in IPO and a lockup longer than 180 days
The AI developer plans to publish its prospectus after Labor Day, ahead of a possible late September or early October listing.
- Nvidia agrees to buy Hugging Face for $12.9B, report says
The deal gives Nvidia control of a central open-model distribution layer at roughly 86 times Hugging Face's annualized revenue.
- Sword Health plans a $300M Headspace buyout after its $3B pandemic mark
Debt and roughly $397M in disclosed equity funding leave common shareholders at the back of a crowded payout line.
- Clerky joins Stripe, pushing its startup stack beyond Atlas incorporation
Darby Wong says Clerky will keep building for high-growth startups and attorneys, giving Stripe a deeper set of company-formation workflows.
- Flipboard announces Graze acquisition to monetize user-built social feeds
Devin Gaffney plans to pair Graze's feed engine with Flipboard's advertiser relationships after 21 months of running lean.