Databricks is raising $4 billion, boosting its valuation to $134 billion, a 34% increase since August. The company aims to enhance customer app development for AI and is considering an IPO in 2026. It reported a $4.8 billion revenue run-rate, with significant growth in AI-related revenue.

Databricks is reportedly in discussions to raise $5 billion, boosting its valuation to $134 billion. The funding follows a prior round at a $100 billion valuation, driven by increasing demand for its AI and data analytics platform. However, the company is facing pressure on its margins due to rising costs associated with its AI offerings.

Anthropic, the company behind the chatbot Claude, plans to raise $10 billion, nearly doubling its valuation to $350 billion. GIC and Coatue Management are leading this funding round, which follows a $13 billion investment in September. This funding is part of a broader trend of increasing investment in AI startups.

Thinking Machines Lab, an AI startup founded by Mira Murati, is discussing a new funding round that could value the company at around $50 billion. This would be a significant increase from its previous valuation in July, highlighting its rapid growth since launch.

Lovable, a Swedish vibe-coding startup, secured $330 million in a Series B funding round, boosting its valuation to $6.6 billion. The company’s tool allows users to create code and apps using text prompts, achieving rapid growth with over $200 million in annual recurring revenue within a year. Lovable plans to enhance its platform and features for enterprise use with the new funding.

Mercor has secured $350 million in funding, boosting its valuation to $10 billion. The company connects AI labs with domain experts for training AI models and plans to expand its talent network and improve matching systems. With a significant contractor base, it aims to automate more processes while focusing on revenue growth.

Mistral, a prominent French AI company, is reportedly close to achieving a valuation of $1.4 billion, which would further solidify its position in the rapidly evolving AI landscape. The company has garnered attention for its innovative approaches and significant market potential, raising expectations for its future growth and impact in the sector.

Perplexity has reportedly secured $200 million in funding, achieving a valuation of $20 billion. This investment is expected to bolster the company's growth and expansion in the competitive landscape of AI and search technology.

Mercor, an AI startup founded in 2023 by college dropouts, has reached a valuation of $10 billion after securing a new funding deal. The company manages a global workforce of 30,000 contractors to assist in training AI models for clients like OpenAI and Anthropic.