Natasha Mascarenhas

Atlas Atomics, a nuclear startup cofounded and backed by Ohio gubernatorial candidate Vivek Ramaswamy, has raised capital at around $1.9 billion valuation, according to people familiar with the matter.

Nvidia Corp. is in talks to boost its investment in Reflection AI or offer the startup computing power, a move that would strengthen ties with a key developer of open-weight models, according to a person familiar with the matter.

Bucky Moore sets out on his own in contrast to industry belief that bigger funds are necessary to compete

Anduril Industries Inc. is allowing employees to sell shares as part of a tender that stands to value the defense technology startup at roughly $90 billion, according to people familiar with the situation who asked not to be identified because the plans aren’t public.The tender would give employees the chance to sell shares at $94.80 each, with the overall size of the offer capped at about $1.3 billion, according to people briefed on the matter, who asked not to be identified discussing private

Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup, according to people familiar with the matter, setting him up for one of the largest individual windfalls from the company’s imminent public market debut.

Eric Schmidt’s 1% Anthropic stake could be worth tens of billions at IPO

“Rule one of making money is go where they ain’t.” That’s how famed investor Doug Leone, who used to run venture firm Sequoia Capital, described his first deal at the firm since returning to an active investing role earlier this year.

By the time Iconiq made its first investment in Anthropic PBC in 2025, the artificial intelligence developer was valued at $183 billion — more than almost any other tech startup in the world — and well on its way to becoming an AI juggernaut. Yet even Iconiq’s later stage bet is now set to bring in massive returns as Anthropic nears its Wall Street debut.The investment firm, which has pumped more than $6 billion into Anthropic, owns a stake worth approximately $17 billion based on the AI company

The Dallas-based firm plans to back 10 later-stage companies with $1 billion each.

Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks, is in funding talks that would nearly double its valuation to roughly $20 billion, according to people familiar with the matter.