Instinct Raises $250M at $2.5B Days After AI Assistant’s Privacy Blowup
Spear Street Technology's Instinct wrote itself a "perpetual and irrevocable" license to users' email and calendar data and sent an…
Section
Deals & Funding
Imagenet Buys Analytica Consulting, Undisclosed Price, to Bolt AI Onto Payer Systems
Imagenet, a 25-year-old healthcare payer BPO, closed its acquisition of California-based Analytica Consulting on August 21, 2026, terms undisclosed, per…
Anthropic Pays Nscale $45B for West Virginia AI Compute Capacity
Anthropic has struck a roughly $45 billion, six-year deal with two-year-old British neocloud Nscale for 460 megawatts of Nvidia Vera…
Yotta Data Services Confirms IPO Talks, Dodges the $6bn Valuation Question
Yotta Data Services chairman Dashan Hiranandani told Bloomberg on August 28, 2026 that IPO talks are underway but declined to…
AWS Acquires DuckLabs, Keeps DuckDB Itself Out of the Deal
Amazon Web Services agreed on August 26, 2026 to buy DuckLabs, the Amsterdam company behind the open-source database DuckDB, with…
Google Pays $10M for Spirit Airlines’ Internal Data, Beats Mercor.io Bid
Google won an August 14, 2026 bankruptcy auction for Spirit Airlines' de-identified corporate data with a $10 million bid, outbidding…
Nvidia Eyes Equity in Mercor as Data Vendor’s Valuation Doubles to $20B
Nvidia is reportedly in talks to join a General Catalyst-led round valuing AI data-labeling firm Mercor at $20 billion, up…
FS.COM Pays RMB330M ($46M) to Fully Absorb Shanghai Baud Data Comms
Hong Kong-listed FS.COM Limited said on August 21, 2026 it has closed the buyout of the remaining stake in Shanghai…
YipitData Weighs $2.5B+ Sale as Carlyle Tests Alt-Data Appetite
YipitData, the Carlyle-backed alternative-data shop with roughly $280 million in ARR, is working with Goldman Sachs on a sale that…
Nvidia Weighs Mercor Stake at $20B, Doubling Valuation in 9 Months
Nvidia is reportedly in talks to invest in AI data-labeling startup Mercor at a $20 billion valuation, double its $10…