™All Companies & Capital
-
Vesta Raises $30M for AI Mortgage Software, Revenue Up 12x
Why it mattersThe round's investors include three of Vesta's own customers, among them Pennymac and New American Funding; the company's revenue grew 12x year over year and it has raised $85 million to date.
-
Apple Signs Hiring and Licensing Deal With AI Podcast Startup Huxe — Not an Outright Acquisition
Why it mattersApple notified the European Commission of the arrangement on June 9 and the filing became public on October 9; Huxe's founders came from Google's NotebookLM team, and its audio service ended on May 28.
-
AI Chip Simulation Startup Vinci Raises $250M at $1.5B Valuation
Why it mattersVinci, a team of about 70, raised $250 million at a $1.5 billion valuation; it builds chip-level physics simulation on a proprietary foundation model, in the EDA/simulation field Cadence and Synopsys have largely held for three decades.
-
OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
Why it mattersOpenAI told investors its annualized revenue was "approaching $50 billion," $20 billion below the $70 billion reported late last month; the Nasdaq fell 1.25% that day, its worst day since mid-August.
-
TSMC Q3 Revenue Rises 50% to Record $46.7 Billion
Why it mattersThird-quarter revenue reached NT$1.49 trillion, up 50% year on year and a record, above the NT$1.46 trillion estimate from 19 analysts; September revenue alone reportedly rose 54.6% year on year.
-
GlobalFoundries Wins Five-Year TSMC Deal to Build Silicon Interposers in New York
Why it mattersUnder the five-year deal, the Malta facility is expected to become the first US-based source of silicon interposers for advanced packaging, with volume production ramping in the first half of 2028; the deal was reported to be worth $2 billion.
-
SignSplit Emerges From Stealth: $400M Strategic Seed at $1B Valuation, Selling “Signed Data”
Why it mattersIt is a $400M seed round for a company founded in 2024, at a $1B valuation; the release does not disclose how the $400M splits between cash and a multi-year package of strategic resources.
-
Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
Why it mattersBroadcom is arranging more than $50 billion in financing for the custom chip it is developing with OpenAI; per the WSJ, cloud providers have already issued hundreds of billions in bonds, and buyers are turning to Wall Street for custom financing.
-
Nvidia-Backed Firmus Said to Cut $5B Australian IPO Pricing as Investors Balk
Why it mattersFirmus planned to raise about $5 billion in what would be Australia's second-largest IPO in nearly 30 years; local media say the price could fall from A$11 to A$8.25 a share.
-
Moonshot AI Closes Final Private Round at ~$50B, Eyes $5B Hong Kong IPO in Q1 2027
Why it mattersThe valuation rose from $31.5 billion to about $50 billion in two months, and annualized revenue went from $300 million in June to over $1 billion in August; the Hong Kong IPO is planned for Q1 2027.
