The Next Chapter for Suno

Building our way: Announcing our Series C - Linear

Today, I’m happy to share that we’ve raised an $82M Series C at a $1.25B valuation. The round includes both primary and secondary funding, led by Accel with continued support from Sequoia and 01A, and joined by new partners Seven Seven Six, Designer Fund, Indie.vc, TK Ventures, Soleio, Jeff Weinstein, Ilkka Paananen, and Lauren & Vlad Loktev.

Sequoia-backed security startup Vanta will see its valuation soar past $2 billion in new funding round, sources say

Sequoia-backed Vanta is raising a new round of funding that values the startup at more than $2 billion, Business Insider has learned.

OpenAI Announces $122 Billion Additional ‘Committed Capital’, and Announces Their ‘Superapp’ Plan for the Future

I don’t see the path from here to there, where *there* is a justification for a trillion-dollar-ish valuation.

Former Meta AR Neural Band Leader Targets $2.5 Billion Valuation for Brain-Inspired Power-Sipping AI

Thomas Reardon, the former Meta executive who built the Neural Band wristband, is raising capital for a new startup called Flourish at a target valuation of $2.

The Value of Nothing: Capital versus Growth - American Affairs Journal

Throughout 2021, U.S. stock market valuations have hovered near all‑time highs. In June, the unadjusted price-to-earnings (P/E) ratio of the S&P 500 index eclipsed the tech boom record of 2000. Many other asset classes have attained, or nearly attained, record valuations as well. Stratospheric valuations may be partially attributable to the unique circumstances surrounding Covid-19...

Economic Manuscripts: VALUE, PRICE AND PROFIT

Value, Price and Profit

Anthropic has surged to a trillion-dollar valuation on secondary markets, overtaking OpenAI.

Buyers are in a race to secure a dwindling supply of shares in Anthropic, driving the AI company's valuation on some platforms to $1 trillion.

Tailscale raises $160 Million (USD) Series C to build the New Internet

Tailscale has raised $160 million USD ($230 million CAD) in our Series C, led by Accel with participation from CRV, Insight Partners, Heavybit, Uncork Capital — and new investment from Anthony Casalena - CEO of Squarespace.

After Biggest IPO Ever: Is Elon Musk SpaceX's Steward?

The richest man on the planet has launched the world's biggest IPO ever. After the pricing of the SpaceX IPO was finalized yesterday, shares of the rocket-and-AI giant were traded on the NASDAQ for the first time today. The company's total valuation stands at the expected $1.75 trillion, with the roughly 550 million newly issued shares representing a value of $75 billion at the offering price ($135 per share). Shares opened approximately 11% higher on the first day of trading, touching $150. These ingredients make for the biggest IPO of all time. And for the greatest wealth in the hands of a single person: Elon Musk is, on paper at least, the first trillionaire in world history.

Issue 102 – The public will pay

Justin Sun buys his way out of an SEC fraud case, Iranian transactions on Binance draw DOJ scrutiny as the exchange sues the newspaper that reported on them, and crypto super PACs dump millions into Tuesday’s primaries in Illinois.

Anthropic will pay xAI $1.25B per month for compute | TechCrunch

Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.

Former Substack creators say they’re earning more on new platforms that offer larger shares of subscription revenue

Former Substack writers who exited the platform in early 2024 are making more money on Beehiiv and Ghost thanks to their fixed pricing models.

Anthropic Readies Opus 4.7 and Design Tool as VCs Offer $800 Billion Valuation

Anthropic is preparing to release Claude Opus 4.7 and a natural language design tool as early as this week, while venture capital firms have offered to invest at valuations exceeding $800 billion – more than double the company’s last official price tag.The model ID anthropic-claude-opus-4-7 appeared on Google Vertex AI’s quota management page for EU […]