News

Anduril to Acquire Klas to Build the Future of Compute and Communications

COSTA MESA, Calif., and DUBLIN, Ireland — May 5, 2025 — Anduril Industries today announced it has signed a definitive agreement to acquire Klas, a global leader in edge computing and tactical communications. The acquisition, pending regulatory approval, brings Klas’ rugged hardware into Anduril's portfolio of autonomous systems and connected warfare capabilities—delivering faster, more resilient and seamlessly integrated solutions for operations in harsh conditions at the tactical edge.

Perplexity Expands Partnership with Softbank to Launch Enterprise Pro Japan

We're excited to announce a strategic partnership with SoftBank Corp. to launch Perplexity Enterprise Pro for corporate customers in Japan. This collaboration makes SoftBank the first authorized reseller of Perplexity Enterprise Pro, marking a significant milestone in our international expansion.

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Anthropic Raises Series E at $61.5B Post-Money Valuation

Anthropic has raised $3.5 billion at a $61.5 billion post-money valuation. The round was led by Lightspeed Venture Partners, with participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures and Salesforce Ventures, among other new and existing investors.

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xAI Raises $6B Series C

We are partnering with A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst others.

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Ayar Labs with Investments from AMD, Intel Capital, and NVIDIA, Secures $155M

Advent Global Opportunities and Light Street Capital lead Series D to accelerate high volume manufacturing of Ayar Labs’ in-package optical interconnects

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Mistral AI Raises $640mm Series B

Mistral AI has closed its $640mm Series B led by General Catalyst, in a mix of equity and debt, which values the company at $6bn.

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X.AI Announces Grok-1.5

X.AI announces their latest model, Grok-1.5, with improved reasoning capabilities and context length of 128,000 tokens. The latest model will be made available to early testers and existing Grok users on the X platform.

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