AI Business & Funding | Tech AI Latest https://techailatest.news/ai-business The money side of AI: funding rounds, valuations, acquisitions, IPOs, earnings and revenue disclosures, layoffs and hiring, and market data. Figures come from the company filing or press release, and investor claims are attributed. The AI funding tracker collects every round reported here. en Wed, 28 Oct 2026 15:33:48 GMT https://techailatest.news/icon-512.pngAI Business & Funding | Tech AI Latesthttps://techailatest.news/ai-business Meta prices $25B stock sale and $12.5B convertible preferred, with NVIDIA investing $3Bhttps://techailatest.news/ai-business/meta-equity-offering-25-billion-nvidia-stakehttps://techailatest.news/ai-business/meta-equity-offering-25-billion-nvidia-stakeTue, 27 Oct 2026 13:30:00 GMTTech AI LatestAI Business & FundingMeta priced $25 billion of Class A stock at $625 a share and $12.5 billion of mandatory convertible preferred shares, and NVIDIA says it will invest $3 billion.Meta Platforms priced two concurrent public offerings late on 26 October 2026: $25.0 billion of Class A common stock at $625.00 per share through forward sale agreements, upsized from $22.5 billion, and 250 million depositary shares of 6.50% mandatory convertible preferred stock at $50 each. Meta expects about $12.5 billion of net proceeds from the preferred now and about $24.9 billion from the stock by November 2027. NVIDIA says it will invest $3 billion in the offering.

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]]> Anthropic files S-1 for a Nasdaq IPO under ticker ANT after $16.3B first-half revenuehttps://techailatest.news/ai-business/anthropic-s1-filing-nasdaq-ipo-anthttps://techailatest.news/ai-business/anthropic-s1-filing-nasdaq-ipo-antMon, 26 Oct 2026 09:00:00 GMTTech AI LatestAI Business & FundingAnthropic filed an S-1 with the SEC on 26 October 2026 for a Nasdaq listing as ANT. The filing reports $16.3B first-half 2026 revenue and an $80.7B net loss.Anthropic filed a Form S-1 with the US Securities and Exchange Commission on 26 October 2026 for a proposed initial public offering of Class A common stock. It has applied to list on the Nasdaq Global Select Market under the symbol ANT. The filing reports revenue of $4.6 billion for 2025 and $16.3 billion for the first six months of 2026, with a net loss of $80.7 billion in that period. Share count and price range are not yet set.

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]]> Itaú Unibanco agrees to buy AI startup NeoSpace for BRL 2.925B to build in-house modelshttps://techailatest.news/ai-business/itau-acquire-neospace-ai-startuphttps://techailatest.news/ai-business/itau-acquire-neospace-ai-startupMon, 26 Oct 2026 09:00:00 GMTTech AI LatestAI Business & FundingItaú Unibanco agreed on 26 October 2026 to buy all of NeoSpace, a Brazilian foundation model startup, for BRL 2.925 billion, paid over five years.Brazilian banking group Itaú Unibanco disclosed on 26 October 2026 that it has signed a share purchase agreement to buy all of NeoSpace A.I. Technologies for BRL 2.925 billion. NeoSpace builds foundation models trained on large datasets and has spent nearly two years building models on Itaú's own data. Part of the price is paid at closing and the rest over five years. The deal needs approval from CADE and the Central Bank of Brazil.

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]]> Pathos AI closes $237M Series E led by Bristol Myers Squibb at about a $3B valuationhttps://techailatest.news/ai-business/pathos-ai-series-e-237-million-bmshttps://techailatest.news/ai-business/pathos-ai-series-e-237-million-bmsFri, 23 Oct 2026 13:00:00 GMTTech AI LatestAI Business & FundingPathos AI closed a $237 million Series E led by Bristol Myers Squibb at about a $3 billion post-money valuation and signed an Alzheimer's data deal with Tempus.Pathos AI, a New York company that uses AI agents to develop its own drugs, closed a $237 million Series E on 23 October 2026 at a post-money valuation of approximately $3 billion. Bristol Myers Squibb led the round with existing investors. In a parallel deal, BMS gains access to Pathos's Foundry platform and Pathos will license a neurology dataset from Tempus AI for $55 million over five years, starting with Alzheimer's disease.

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]]> Meta reports $64.6B Q3 revenue, up 26%, and keeps 2026 AI capex at up to $145Bhttps://techailatest.news/ai-business/meta-third-quarter-results-64-6-billion-revenuehttps://techailatest.news/ai-business/meta-third-quarter-results-64-6-billion-revenueWed, 21 Oct 2026 20:01:00 GMTTech AI LatestAI Business & FundingMeta reported Q3 2026 revenue of $64.6 billion, up 26%, with $34.9 billion of capex, and narrowed its 2026 capex outlook to $135 billion to $145 billion.Meta Platforms reported third quarter 2026 revenue of $64.60 billion on 21 October, up 26% from a year earlier. Capital expenditures were $34.91 billion and free cash flow was negative $2.12 billion. A $9.89 billion legal charge cut operating income to $12.99 billion. Meta narrowed its 2026 capex outlook to $135 billion to $145 billion and said it will keep investing aggressively in AI in 2027. It also approved a new non-voting Class C stock.

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]]> Legora raises $550M Series E at an $8.8B valuation as legal AI ARR passes $200Mhttps://techailatest.news/ai-business/legora-series-e-550-million-legal-aihttps://techailatest.news/ai-business/legora-series-e-550-million-legal-aiWed, 21 Oct 2026 09:00:00 GMTTech AI LatestAI Business & FundingLegal AI company Legora raised a $550 million Series E at an $8.8 billion post-money valuation, led by Atreides Management, and says ARR tops $200 million.Legora, which sells an agentic operating system for lawyers, announced a $550 million Series E at an $8.8 billion post-money valuation on 21 October 2026. Atreides Management led the round, joined by new investors including Fidelity, Capital Group and J.P. Morgan and every major existing backer. Legora says its ARR is now above $200 million. Its valuation at the previous round was $5.6 billion. The money funds expansion and new products.

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]]> Salesforce agrees to buy Braze for $5.66B, or $47.50 a share in cash, to add AI marketinghttps://techailatest.news/ai-business/salesforce-acquire-braze-5-66-billionhttps://techailatest.news/ai-business/salesforce-acquire-braze-5-66-billionTue, 20 Oct 2026 12:00:00 GMTTech AI LatestAI Business & FundingSalesforce agreed on 20 October 2026 to acquire Braze for about $5.66 billion in enterprise value, paying $47.50 a share in cash, to add real-time AI marketing.Salesforce signed a definitive agreement on 20 October 2026 to acquire Braze, the Nasdaq-listed customer engagement platform, for about $5.66 billion in enterprise value. Braze Class A holders will receive $47.50 in cash per share. Salesforce plans to combine Braze's real-time messaging and BrazeAI decisioning with Marketing Cloud, Data 360 and Agentforce. The deal needs Braze shareholder and regulatory approval and is expected to close in Salesforce's fiscal year 2028.

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]]> Arena raises a $200M Series B at a $3.1B valuation for its AI model evaluation platformhttps://techailatest.news/ai-business/arena-200-million-series-b-ai-evaluationhttps://techailatest.news/ai-business/arena-200-million-series-b-ai-evaluationThu, 08 Oct 2026 18:06:00 GMTTech AI LatestAI Business & FundingArena, the AI evaluation platform, raised a $200 million Series B at a $3.1 billion valuation, co-led by Lightspeed and Khosla, and reports $100M+ in revenue.Arena, the AI evaluation platform that ranks models and agents from real user votes, announced a $200 million Series B at a $3.1 billion valuation on 8 October 2026. Lightspeed Venture Partners and Khosla Ventures co-led the round. Arena says it has passed $100 million in annualized revenue since its Series A in January 2026. It also released a preview of the Arena Alignment Index, which tracks three kinds of agent misbehavior.

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]]> SAP agrees to acquire TechWolf, the Ghent work intelligence AI firm, with a Q4 2026 closehttps://techailatest.news/ai-business/sap-acquire-techwolf-work-intelligencehttps://techailatest.news/ai-business/sap-acquire-techwolf-work-intelligenceTue, 06 Oct 2026 11:45:00 GMTTech AI LatestAI Business & FundingSAP agreed on 6 October 2026 to acquire TechWolf, a Ghent AI company that maps skills and work, to power SAP SuccessFactors and Joule. Terms were not disclosed.SAP announced on 6 October 2026 that it has agreed to acquire TechWolf, a Ghent-based AI company whose context graph maps the tasks, skills and labor market behind a company's workforce. TechWolf is expected to become an intelligent core of SAP SuccessFactors and to make the Joule assistant better at HR scenarios. The deal should close in the fourth quarter of 2026, subject to regulatory approval. Terms were not disclosed.

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]]> Broadcom reports $16.7B AI chip revenue, up 221%, in a $29.6B fiscal third quarterhttps://techailatest.news/ai-business/broadcom-q3-ai-revenue-16-7-billionhttps://techailatest.news/ai-business/broadcom-q3-ai-revenue-16-7-billionWed, 02 Sep 2026 09:00:00 GMTTech AI LatestAI Business & FundingBroadcom reported $29.6B of revenue for its fiscal third quarter of 2026, with AI semiconductor revenue up 221% to $16.7B, and guided to $21.7B of AI revenue.Broadcom reported revenue of $29.6 billion for its fiscal third quarter of 2026, which ended on 2 August, up 86% from a year earlier. AI semiconductor revenue was $16.7 billion, up 221% year over year and 54% from the previous quarter. The company expects $34.8 billion of total revenue and $21.7 billion of AI semiconductor revenue in the fourth quarter. CEO Hock Tan cited demand for custom AI accelerators and networking.

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