Shield AI secures $2 billion in equity and $500 million in debt
Shield AI secured $2 billion in equity funding and $500 million in debt financing, Crunchbase News reported. The defense technology company develops autonomy software and systems, alongside simulation and synthetic reality technologies.
OpenAI closes roughly $11 billion in funding at $1.25 trillion valuation
OpenAI has received roughly $11 billion in new funding, the initial portion of a round valuing it at $1.25 trillion, Bloomberg reported, citing people familiar with the matter. The money had been wired by Friday.
Aave Labs acquires Avon team and lending technology
Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.
Anthropic IPO investors discuss lower $1.2 trillion to $1.3 trillion valuation
Prospective Anthropic IPO investors are discussing a valuation of $1.2 trillion to $1.3 trillion, down from the $1.4 trillion to $1.5 trillion range communicated to bankers days earlier, epyhia reported, citing Bloomberg through Investing.com.
Caltech robot assembles initial antenna section in orbit
Caltech researchers say their ASTRA robot autonomously assembled an initial section of an antenna structure in space without astronaut assistance.
Anthropic presses ahead with planned $80B-$100B IPO before Thanksgiving
Anthropic is continuing plans to list before Thanksgiving this month despite the tech stock rout, the Financial Times reported, citing sources. The Claude developer expects to raise $80B-$100B at a valuation of $1.25T to $1.75T. Those figures describe its planned offering.