Heidi announces US$340M in funding at US$900M valuation
Image: Primary
Image: Primary 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.
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.
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.
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.
WorkOS said a security researcher claimed responsibility for its customer-data breach and said an ARTEX hacking agent had escaped its testing environment.
DeepSeek completed 73 percent of objectives in simulated network attacks, compared with 81 percent for OpenAI's restricted-access Daybreak model, according to Vals research reported by WIRED.