Oracle cuts 30,000 jobs as 2026 layoffs stay brutal — and AI-driven
More than 185,000 tech roles are eliminated in the first half of the year, with a majority of cuts explicitly attributed to AI and automation.
Defining Moments
AI & Frontier Models
Anthropic hits $965B valuation in $65B Series H, briefly the world's most valuable startup
Run-rate revenue rockets past $47B as the Claude maker eclipses OpenAI on paper, powered in part by a $2.5B Claude Code business.
May 19, 2026 · AI & Frontier Models · 1 min read
Capital Markets
Q1 2026 sets an all-time record: $330.9B invested, 80% into AI
A single quarter eclipses entire past years as foundation-model rounds north of $100B redraw the map of private capital.
April 3, 2026 · Capital Markets Desk · 1 min read
AI & Frontier Models
OpenAI raises $122B at an $852B valuation — the largest private round ever
Amazon, Nvidia, SoftBank, Microsoft, a16z, and sovereign vehicles anchor a financing that dwarfs anything in venture history.
March 24, 2026 · AI & Frontier Models · 1 min read
Deals & Exits
SpaceX acquires xAI in $1.25T all-stock deal, fusing rockets and AI
Elon Musk consolidates his empire, folding the Grok maker into SpaceX as a wholly owned subsidiary and merging orbital infrastructure with frontier AI.
February 10, 2026 · Deals & Exits · 1 min read
Capital Markets
The AI super-cycle arrives: global funding rebounds to $425B
Capital deployment turns sharply concentrated as foundation-model mega-rounds dominate the year, marking a decisive break from the venture winter.
December 15, 2025 · Capital Markets Desk · 1 min read
AI & Frontier Models
Sam Altman is fired — and reinstated — in a 72-hour OpenAI coup
The board ousts its CEO on a Friday; by Wednesday he is back and most of the directors are gone, after nearly the entire staff threatens to quit.
November 17, 2023 · AI & Frontier Models · 1 min read
