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- Mistral seeks $300M at a $1B+ valuation, Shield AI raises $200M at a $2.7B valuation
Mistral seeks $300M at a $1B+ valuation, Shield AI raises $200M at a $2.7B valuation
Mistral, a Paris-based startup that previously raised $113M in a pre-product Seed round, is planning on raising $300M at a $1B+ valuation to build out an open-source LLM - Link
Shield AI, a startup building military tech for the US and its allies, including autonomous drones, raised $200M at a $2.7B valuation in a round co-led by Riot Ventures and USIT with participation from Cathie Wood’s ARK - Link
Fortune sources: X will give employees RSUs at $35/share, implying a $19B valuation - Link
Pinterest Q3 earnings: revenue: $736.2M (+11% y/y), MAUs: 482M (+8% y/y), net income: $7M, shares are up ~19% after beating on top-line and bottom-line expectations - Link
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Sunny joins Jason for more demos, including an AI-driven ownership and equity platform for founders (14:37), an AI-powered job interviewer that conducts live interviews (27:20), and much more! - Link
Olive AI, a healthcare automation startup that raised ~$900M and was valued as high as $4B, has sold the company for parts and will wind down operations - Link
QI Tech, a Brazil-based startup building a banking-as-a-service platform, raised a $200M Series B led by General Atlantic and reported ~$21M in H1 2023 net revenue - Link
TechCrunch sources: Palo Alto Networks acquired Dig Security, an Israel-based cybersecurity startup, for ~$400M - Link
WSJ sources: ~$5B worth of Nvidia orders are in danger of being canceled after the US made its new export restrictions effective immediately - Link
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