Exits
M&A, IPOs, secondaries, shutdowns.
- Reuters finds over $3.2B in China projects and deals tied to Nvidia chips
The reported value includes planned investments, contracts and completed installations. Reuters did not establish how restricted processors reached users.
- CTech reports Elligint is buying Laguna for its AI development arm
CTech says Elligint plans to keep Laguna in Israel and double its roughly 20-person workforce. Elligint's systems support care management for more than 13 million policyholders.
- SmartNews plans December Tokyo listing after seeking $317M IPO valuation
Co-founders Kaisei Hamamoto and Ken Suzuki plan to take SmartNews public on December 15th at an indicative price of 1,390 yen per share. An earlier reported valuation target was well below its $2 billion private mark in 2021; the final valuation remains unknown.
- Anthropic IPO is multiple times oversubscribed at $70 to $78 a share, Bloomberg says
Bloomberg says orders for Anthropic's 825 million shares at $70 to $78 have already run to multiple times the amount on offer.
- Anthropic bankers eye $1.5tn IPO valuation after investor demand, FT reports
Anthropic could move above its filed $70 to $78 range after heavy demand, lifting its prospective valuation past the $965bn private mark.
- OpenAI acquires Odessia five months after Sequoia backed its 9-person travel agent
The 9-person, Sequoia-backed AI travel agent relaunched publicly on October 14th. OpenAI bought it on November 10th, on undisclosed terms.
- Oura agrees to buy Counsel Health for $625M to expand care
Dr. Muthu Alagappan's Counsel Health raised $36M before Oura agreed to buy it for $625M in cash in a deal expected to close this year, weeks after the ring maker delayed its IPO.
- Anthropic files $70 to $78 IPO range for 825 million shares
Anthropic proposes selling about 801.4 million shares alongside 23.6 million from stockholders, after calling earlier pricing details inaccurate. A $26 billion private placement is also planned.
- Anthropic plans IPO livestream with Dario Amodei and Jamie Dimon
Bloomberg says formal IPO marketing could start Tuesday, with a Nasdaq debut targeted before Nov. 26th and no IPO price range yet disclosed.
- Anthropic pushes ahead with November IPO despite investor pushback on $1.5T valuation
The Claude maker has investor meetings this week and is targeting trading on November 19th or 20th after buyers pushed back on a $1.5T valuation.
- Nscale will buy Anyscale for $1.65 billion, Bloomberg reports
The deal would pair Nscale's GPU and data-center buildout with Ray, the open-source framework behind Anyscale's distributed AI platform.
- Anthropic IPO investors discuss valuation as low as $1.2T, Bloomberg reports
Bloomberg reported November 6th that buyers are discussing $1.2T to $1.3T, down from $2T talk in early October and the $965B May private mark.
- Marc Lore's Wonder files confidentially for IPO after $9B private valuation
Wonder has not set a share count or price range; its July Series D carried a $9 billion pre-money valuation.
- Agility closes SPAC merger as Digit 5 orders await milestones
Agility Robotics, founded by Jonathan Hurst, Damion Shelton and Mikhail Jones, closed its Churchill XI merger on November 4th after reporting $1.782M in 2025 sales and more than $300M in milestone-dependent Digit 5 orders.
- Sierra acquires Anon to give enterprise agents access behind website logins
Daniel Mason's Anon brings authenticated browser execution to Sierra's Horizon agents, which need to finish work inside portals and forms without APIs.
- Dropbox plans $350M Tigris acquisition to sell object storage to AI builders
Ovais Tariq, Himank Chaudhary and Yevgeniy Firsov built Uber storage, then Tigris. Dropbox wants that team to power DBX Agent Cloud.
- Asper.ai buys Pricing One's playbooks to teach its RGM agents how pricing decisions get made
In a deal reported at CHF 1.32M including assumed liabilities, Fractal's Asper.ai acquired Pricing One assets to bring P&G-rooted pricing expertise to its AI agents.
- Agility Robotics closes SPAC merger with $1.8M in 2025 revenue
Agility closed its Churchill XI merger on November 4th, with $465M in expected gross capital and Nasdaq trading scheduled to begin November 5th.
- Factory acquires HumanLayer to add multiplayer coding agents for whole engineering teams
Factory will open source HumanLayer, refund recent paying customers, and move Dex Horthy and Kyle Mistele's multiplayer agent features into its enterprise platform.
- Meta acquires Conductor and sets a November 20th cloud shutdown
Conductor stops new sign-ups on November 4th and deletes cloud data starting November 20th, seven months after raising $22M from Spark and Matrix.
- OpenAI to acquire Pierre Computer and fold Code Storage into Codex
OpenAI has agreed to buy the startup behind Trees, Diffs and Code Storage, whose tools already run inside the Codex app, on undisclosed terms.
- Chord buys Zenlytic for about $5M in stock to move beyond commerce AI
Chord says Zenlytic doubles its revenue, while reported figures put the combined business near a $10M run rate with about 60 customers.
- Windward buys Azimut.ai to watch ships that stop broadcasting
Ami Daniel's Windward adds camera-based monitoring from Azimut.ai, which had 12 people in 2025 and was founded by former naval officers.
- Salesforce agrees to acquire Cresta for a reported $2.7B to add voice agents to Service Cloud
Salesforce did not disclose terms for Cresta, founded at Stanford in 2017 and reporting $100M ARR in 2026. The Information pegged the price at $2.7B.