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Top stories today:
- OpenAI closing 1st phase of $100B+ round, valuation could top $850B
- World Labs, Fei-Fei Liβs AI startup, raises $1B to build world models
- Google rolls out Lyria 3 music model in Gemini beta across 8 languages
- Humain invests $3B in xAI, becomes βsignificant minority shareholderβ
- Moderna flu shot review revived after FDA reversal
- Meta said to revive Malibu 2 smartwatch for 2026 launch
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayβs newsletter (beware of hallucinations):
1. OpenAI said close to 1st phase of $100B+ round, post-money valuation could top $850B
Amazon ($50B), SoftBank ($30B), NVIDIA($20B), and Microsoft ($Bβs) are reportedly participating in the 1st portion.
Feb.-end: the companies are expected to finalize their allocations.
VC firms, sovereign wealth funds, and others are expected to participate in the next phase.
+4% in SoftBank shares on the news Thu. morning.
2. World Labs, Fei-Fei Liβs AI startup, raises $1B to build world models for robotics, science
Autodesk invested $200M in the round.a16z, Nvidia and AMD also participated.
a16z, NVIDIA, and AMD also participated.
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