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Databricks Raises $5B as Valuation Climbs to $190 Billion

Databricks Raises $5B as Valuation Climbs to $190 Billion

Databricks closed a $5 billion funding round on August 13, 2026, at a $190 billion valuation, up from $134 billion six months earlier. The San Francisco data and AI company also reported a revenue run rate above $7 billion and more than 80% year-over-year growth in its second quarter. The

Archer Aviation Acquires Former Rival Wisk Aero

Archer Aviation Acquires Former Rival Wisk Aero

Archer Aviation has agreed to acquire former rival Wisk Aero and two other Boeing subsidiaries, bringing additional electric aviation, autonomous aircraft and airspace-management assets into its business. Boeing will receive newly issued Archer shares in the transaction, resulting in an estimated 16.5% ownership stake after closing. Key Takeaways Archer Aviation

Anthropic Signs $10 Billion Computing Deal With Volta

Anthropic has entered a six-year, US$10 billion agreement with Volta Infra Holdings to secure AI computing capacity through a Norway-based data center. The deal expands the company’s infrastructure for Claude models and adds to its recent investments in large-scale computing resources. Key Takeaways Anthropic signed a six-year US$10 billion computing

Amazon Hits $3 Trillion as AWS and AI Growth Accelerate (1)

Amazon Hits $3 Trillion as AWS and AI Growth Accelerate

Amazon crossed a $3 trillion market value for the first time on August 3, 2026, after a sharp stock rally tied to stronger AWS results. The milestone places Amazon among a small group of companies to reach the threshold while drawing closer attention to its AI infrastructure, data-center spending, and

JetZero Secures $3 Billion Commitment for Passenger Jet Project

JetZero Secures $3 Billion Commitment for Passenger Jet Project

JetZero has secured a preliminary $3 billion financing commitment from the U.S. Export-Import Bank to advance development of its blended-wing passenger aircraft. The agreement supports construction of the company’s first U.S. factory and marks a significant step toward its planned prototype flight in 2027. Key Takeaways JetZero secured a preliminary

American Baby Company Secures $4M to Expand Lower-Cost IVF Care

American Baby Company Secures $4M to Expand Lower-Cost IVF Care

American Baby Company has secured $4 million in seed funding to support the opening of its first lower-cost IVF clinic in West Palm Beach. The investment will help the fertility startup expand access to in vitro fertilization by offering treatment at a lower price than the current U.S. average. Key

Cascade Secures $3.5M Seed Round for AI Construction Platform

Cascade Secures $3.5M Seed Round for AI Construction Platform

Cascade has raised $3.5 million in seed funding to expand its AI platform for architecture, engineering, and construction firms. The startup plans to grow its engineering team and market presence while helping customers identify project opportunities and improve bidding efforts through predictive data analysis. Key Takeaways Cascade raised $3.5 million

Valarian Secures $50 Million Series A for AI Infrastructure

Valarian Secures $50 Million Series A for AI Infrastructure

Valarian has raised $50 million in a Series A funding round led by NEA to expand its AI infrastructure platform for governments and enterprises. The investment increases the company’s total funding to $70 million and supports the continued development of software designed to manage sensitive AI workloads and data. Key

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