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Top stories today:
1. Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others
2. Runway, AI video startup, raises $141M at $1.5B valuation
3. Stability AI raises $25M convertible note, after aiming for $4B valuation
4. Microsoft adds AI reviews, tools to Shopping
5. Microsoft Windows at 62% market share, ads 3%, global cloud server 16%

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others

Inflection AI has now raised $1.525B since its founding, just behind OpenAI:

Generative AI unicorns database.

Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others

0. Data and calendar

1. Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others

Keep reading

OpenAI holds major frontier RL training, tightens safety practices after Hugging Face breach

Anthropic annualized revenue said to have hit $65B in Jul. ahead of expected fall IPO

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model

Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others

0. Data and calendar

1. Inflection AI raises $1.3B at $4B valuation from NVIDIA, Microsoft, others

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Keep reading

OpenAI holds major frontier RL training, tightens safety practices after Hugging Face breach

Anthropic annualized revenue said to have hit $65B in Jul. ahead of expected fall IPO

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model