What Fueled $17.3B In AI Rounds Overnight? 💸⚙️🧠
TL;DR
- Massive raise: Cursor closes $2.3B, hits $29.3B valuation
- xAI funding lands $15B, expands GPU and data center capacity
- OpenAI initiative launches in Ireland, targeting SME adoption
- Investors rotate to code-gen apps as valuations climb sharply
HEADLINES
Cursor valuation jumps to $29.3B 💻🔗
xAI confirms fresh $15B financing 🤖🔗
OpenAI unveils OpenAI for Ireland 🇮🇪🔗
FROM THE BIG PLAYERS
Coatue invested in Cursor round 🏦🔗
RAISES
Cursor raised $2.3B in a round from Accel, Coatue, Google, Nvidia 💰🔗
xAI raised $15B in a Series E, CNBC reported 🚀🔗
NEW LAUNCHES
OpenAI announced OpenAI for Ireland to boost SME adoption 🟢🔗
TRY THESE TOOLS
Cursor AI IDE with project-aware coding 🧩🔗
METRICS
Cursor valuation hits $29.3B post-round 📊🔗
xAI reported valuation about $200B after raise 📈🔗
OpenAI launches Irish initiative; weekly usage cited at scale 🌍🔗
VALUATIONS
Cursor implied valuation $29.3B 🏷️🔗
xAI reported valuation near $200B 🏷️🔗
POLICY
OpenAI partners with Irish government on SME AI uptake ⚖️🔗
COMMUNITY MEMBER SPOTLIGHT
Parag Agrawal secured $100M for Parallel’s AI web infrastructure 🌐🔗
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