Who’s making the most money in AI? It’s not who you think

The fastest growing companies in the world aren’t AI companies, but the startups that supply them with warm bodies.

Harness hits $5.5B valuation with $240M raise to automate AI's 'after-code' gap

Goldman Sachs has led Harness's Series E round, with participation from IVP, Menlo Ventures, and Unusual Ventures.

Oh look, CoreWeave is issuing $2 billion more debt.

In the story I wrote about CoreWeave, analyst Gil Luria told me the company has “to keep borrowing more and more because they spend more money than they can get, structurally. They have to continue to borrow to pay interest on the last loan.” Aren’t you glad Nvidia helped them go public?

SpaceX reportedly planning 2026 IPO with $1.5T valuation target

The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco's in 2019.

Paramount tries to swipe Warner Bros. from Netflix with a hostile takeover

Paramount has already proven it can get a controversial merger done.

OpenAI could go public next year.

An IPO could happen by “the second half of 2026,” Reuters reports, citing unnamed people. A potential 12-figure valuation would make OpenAI one of the most valuable publicly traded companies worldwide.