News

📊 Market Pulse 1. Basis Raises $100M at $1.15B Valuation for AI Accounting Agents Basis secured $100 million at a $1.15 billion valuation for AI accounting agents that operate autonomously. This isn’t another chatbot wrapper—it’s an autonomous system handling complex accounting workflows without human intervention. 🔗 TechCrunch 2. Runway Raises $315M at $5.3B Valuation — World Models Next AI video leader Runway secured $315 million Series E led by General Atlantic with Nvidia and Fidelity participating. Focus shifting to World Model development with applications in healthcare, climate, energy, and robotics. ...

📊 Market Pulse 1. AI Sparks Data Center Power Revolution in 2026 70% of the US power grid has reached end-of-life. Meanwhile, AI workload explosion is transforming data centers from “passive consumers” to “active grid stakeholders.” Operators are diversifying strategies: co-investing in infrastructure upgrades, providing load flexibility, and deploying on-site generation and storage. 🔗 Data Center Knowledge 2. US Data Center Power Demand Could Reach 106 GW by 2035 BloombergNEF analysis projects US data center power demand to reach 106 GW by 2035. This is driving Big Tech’s surge in demand for low-carbon alternatives: renewable energy, batteries, and nuclear. ...

📊 Market Pulse 1. OpenAI Closing Historic Funding Round at $850B+ Valuation OpenAI is finalizing a massive funding round with a valuation exceeding $850 billion. Amazon, SoftBank, Nvidia, and Microsoft are participating. ChatGPT has begun testing ads for free users, signaling a shift toward revenue diversification beyond subscriptions. 🔗 TechCrunch 2. Anthropic Raises $30B Series G at $380B Valuation Anthropic announced a $30 billion Series G round with participation from Founders Fund, Coatue, Nvidia, and 30+ investors. Valuation reaches $380 billion as competition with OpenAI intensifies. ...