AirTrunk acquires Lumina CloudInfra to enter India with 600MW of planned capacity
AirTrunk acquires Lumina CloudInfra to enter India with 600MW of planned capacity

The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific…

Australia’s NEXTDC launches A$2.2 billion capital plan
Australia’s NEXTDC launches A$2.2 billion capital plan

The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billio…

Cursor is raising $2 billion at a $50 billion valuation as AI coding tools become the fastest-growing software category
Cursor is raising $2 billion at a $50 billion valuation as AI coding tools become the fastest-growing software category

In short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has…

Sequoia raises $7 billion for its biggest-ever late-stage fund
Sequoia raises $7 billion for its biggest-ever late-stage fund

The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in November 2025, are making the raise their opening state…

Solidroad raises $25 million to replace manual customer support QA with AI that reviews every conversation
Solidroad raises $25 million to replace manual customer support QA with AI that reviews every conversation

In short: Solidroad, a Dublin and San Francisco startup founded by Intercom alumni, has raised $25 million in a Series A led by Hedosophia to automate customer support quality assurance using AI. The platform reviews 100% of customer interactions versu…

The fintech that pivoted because of Kanye West just hit a $1.4B valuation with $100M from Khosla and Ribbit
The fintech that pivoted because of Kanye West just hit a $1.4B valuation with $100M from Khosla and Ribbit

Slash, the vertical banking platform built by two college dropouts, has raised a $100M Series C backed by Khosla Ventures and Ribbit Capital. The company’s valuation has nearly quadrupled since its May 2025 Series B, the latest leg of a comeback story …

Spektr raises $20M to replace the compliance analyst’s copy-paste workflow with AI agents
Spektr raises $20M to replace the compliance analyst’s copy-paste workflow with AI agents

The Copenhagen fintech has built a platform of specialised AI agents that handle KYC and KYB work, document reviews, ownership mapping, risk rationale, in minutes rather than hours. NEA led the Series A; Northzone, Seedcamp, and PSV Tech participated. …

Accel raises $5 billion for AI as venture capital bets reach infrastructure scale
Accel raises $5 billion for AI as venture capital bets reach infrastructure scale

In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its An…

Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate
Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate

In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago. The surge follows an unprecedented revenue tr…

Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake
Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake

In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five largest shareholders. The deal provides Jane Street with…