
PitchBook published its Q2 US VC Valuations report on 10 August. Megadeals took 87.5% of the dollars deployed in the first half of 2026. PitchBook defines those as rounds of $100m or more. AI is the primary driver of that concentration, though the figu…

Skan AI announced $63m in funding on Wednesday, co-led by Cathay Innovation and Dell Technologies Capital. What the money is buying is not a model. It is a record of how people at large companies actually do their jobs. Skan builds that record by watch…

The researcher who led Alibaba’s Qwen models has started his own company. Junyang Lin announced Pragmatik Labs on X on Tuesday evening, five months after walking out of Alibaba. The lab is based in Shanghai and works on what Lin calls next-generation a…
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and…

Joby Aviation has agreed to buy Resonant Sciences, a Dayton, Ohio radar and low-observability specialist, for about $500m, in the largest acquisition the electric air taxi company has made and the clearest signal yet of where it expects its near-term r…

Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more than $500 billion. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are all in. The compa…

Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of genera…

River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto compa…

Nick Blair, a son of former UK prime minister Tony Blair, is trying to raise around $200m for a defence-tech startup that has not yet launched, reported by the Financial Times and described as ongoing and unconfirmed. The company, London-based Pyra, i…