Blackstone, General Atlantic-backed Liftoff Mobile files for IPO

The company offers a platform that helps mobile app developers market their wares and has an army of bankers working on its IPO.

Robotics software maker Skild AI hits $14B valuation

Skild AI, which is building general-purpose robotic software, just raised a $1.4 billion funding round led by SoftBank.

Data security startup Cyera hits $9B valuation six months after being valued at $6B

Cyera raised another $400 million just six months after its last huge round.

Larry Page loosens business ties to CA amid state’s proposed wealth tax, report

Larry Page is reportedly moving assets out of California over concern the state will vote in a tax on billionaires.

Nvidia acquires AI chip challenger Groq for $20B, report says

With Groq on its side, Nvidia is poised to become even more dominant in chip manufacturing.

ServiceNow to acquire cybersecurity startup Armis for $7.75B

The deal is expected to yield significant returns for Armis investors, including Sequoia, CapitalG, and Insight Partners.

John Carreyrou and other authors bring new lawsuit against six major AI companies

These authors rejected Anthropic’s class action settlement, arguing that “LLM companies should not be able to so easily extinguish thousands upon thousands of high-value claims at bargain-basement rates.”

Alphabet to buy Intersect Power to bypass energy grid bottlenecks

Alphabet is set to pay $4.75 billion in cash, plus debt, for the data center and clean energy developer.

Rocket Lab wins another defense-related space contract

The $816 million contract follows a separate $515 million — both awarded by the U.S. Space Development Agency.

Cursor continues acquisition spree with Graphite deal

Graphite is an AI code review assistant that was last valued at $290 million.