Legal AI Startup Legora Raises $550M, Hits $5.55B
Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.
Venture capital
Three AI Giants Ate 83% of February's $189B VC
Crunchbase data shows February 2026 was the biggest startup funding month in history, with OpenAI, Anthropic, and Waymo absorbing $156 billion of a record $189 billion total.
AI Now Swallows 61% of All Venture Capital - OECD Report Shows a Market Devouring Itself
An OECD report reveals AI firms captured 61% of global venture capital in 2025 at $258.7 billion, doubling their share since 2022, while mega-deals above $1 billion account for half of all investment value.
OpenAI Closes $110 Billion Round at $730 Billion - The Largest Private Deal in History
OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.
Google VP Says Two Types of AI Startups Are Running Out of Time
Google's head of global startups warns that LLM wrapper companies and AI aggregators face extinction as margins collapse and Big Tech absorbs their features.
Anthropic Opens $6 Billion Employee Share Sale at $350 Billion - The Quiet Pre-IPO Signal
Anthropic launches a $5-6 billion employee share sale at a $350 billion valuation, just 11 days after closing a record $30 billion Series G. The move signals an IPO is closer than the company admits.
