Chinese humanoid robot startup Robotera raised over $200M led by SF Group, with Alibaba, IDG Capital, Lenovo, and Haier participating. The company has begun delivering 1,000 units across 10 logistics centers operated by China Post and SF Group in Q2 2026.
Defense AI startup Anduril Industries raised $5B in a Series H co-led by Thrive Capital and a16z, doubling its valuation to $61B. The company doubled revenue to $2.2B in 2025 and will fund Arsenal-1 manufacturing expansion and Lattice platform advancement.
The UK-based AI startup founded by former OpenAI, DeepMind, and Meta researchers raised $650M at a $4.65B valuation to build recursively self-improving AI systems, backed by NVIDIA and GV.
OpenAI on May 11 spun up OpenAI Deployment Company with $4 billion in initial funding and 19 global partners. The majority-owned subsidiary embeds Forward Deployed Engineers inside enterprises to redesign workflows around frontier AI.
Anthropic has agreed to spend $200 billion with Google Cloud over five years for next-generation TPU compute capacity, according to The Information. The deal would represent more than 40% of Google Cloud's $460B+ revenue backlog.
AI chip maker Cerebras Systems raised its Nasdaq IPO price range to $150–$160/share from $115–$125, targeting a fully diluted market value of $48.8 billion. The offering was over 20x oversubscribed ahead of its May 14 trading debut.
ElevenLabs disclosed $500M in ARR and $100M in net new ARR in Q1 2026 alone, as it added institutional backers including BlackRock, NVIDIA, and Deutsche Telekom to its $500M Series D originally announced in February.
Chinese AI startup Moonshot AI raised $2 billion led by Meituan at a $20 billion valuation, bringing total capital to $3.9 billion over six months — making it China's most heavily funded LLM startup.
Parallel Web Systems, founded by ex-Twitter CEO Parag Agrawal, closed a Sequoia-led $100M Series B at a $2B valuation on April 29. The company provides search and research APIs purpose-built for AI agents, serving over 100,000 developers.
Sierra, co-founded by Bret Taylor, closed a $950M Series E at $15.8B valuation on May 4. The enterprise AI agent company has over 40% of the Fortune 50 as customers and $150M ARR.
Anthropic has agreed to spend $200 billion on Google Cloud services and Broadcom-built TPUs over five years, beginning 2027. The deal accounts for over 40% of Google's disclosed cloud revenue backlog; Alphabet also plans up to $40B in additional investment in Anthropic.
Anthropic announced a $1.5B joint venture with Blackstone, Goldman Sachs, and H&F to sell AI tools to enterprise; minutes later, OpenAI closed $4B+ for a rival Deployment Company. Both target PE-backed firms as the primary channel.