Sources: OpenAI CFO Sarah Friar told employees at an all-hands that OpenAI “will be a public company in 2027”, or sooner if “our business continues to inflect” — OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab …
Source: Nvidia has discussed an investment in Mercor as part of a round valuing the startup at $20B; Nvidia paid Mercor tens of millions of dollars last quarter — Nvidia has discussed an investment in Mercor, a data labeling provider that helps the chip designer develop its open-source AI models …
The US SEC proposes exempting certain digital asset offerings from securities registration statements, with exemptions for offerings up to $5M and $75M — The Securities and Exchange Commission unveiled a proposal to exempt certain digital asset offerings from securities registration statements …
VC funding in physical AI companies totaled $47.4B across 521 deals in H1, up 80% from H1 2025, and more than the $41.9B invested from 2022 to 2024 — Funding to physical AI companies is booming in 2026. — Venture investors appear to increasingly see physical AI as the next leg of the broader AI boom.
BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023 — The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
Sources: Anthropic's revenue run rate reached $65B by the end of July, up from $47B in May and $9B in late 2025 — Anthropic PBC is on track to generate annualized revenue of more than $65 billion based on its current performance, according to people familiar with the matter …
African defense tech company Terra Industries, founded in 2024, raised a $52M seed round from 8VC and others, and says it's on track to book $100M in contracts — African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed round to $52 million.