SambaNova went from Intel acquisition target at $1.6B to raising at $11B; Alibaba and Tencent both backed Kling AI while Tencent simultaneously sold parent company stock; a Swedish vibe-coding startup with 146 employees is in talks to be worth $13B; the first humanoid robot company heads to Wall Street; Mercor eyes $20B while acquiring a…
This week’s Money Circuit: Saudi Aramco leads Together AI’s $800M round for open source AI cloud. Amazon commits $1 billion and Microsoft bets $2.5 billion on embedding engineers inside enterprise clients. Schneider Electric pays $3.1 billion for Norwegian industrial AI firm Cognite. Three ex-DeepMind poker AI researchers are trading billions in daily stock market volume…
Abu Dhabi’s MGX closes a $50 billion AI fund and backs all three top labs. OpenAI and Broadcom debut Jalapeno, their first custom chip built in nine months. Big tech loses $2.7 trillion in June as the market finally asks hard questions about AI spending. Qualcomm buys Modular for $4 billion to challenge NVIDIA’s software…
SpaceX goes public for $75 billion and immediately buys Cursor for $60 billion. Salesforce picks up Fin for $3.6 billion. Baseten triples its valuation in five months. Kling AI wants $2 billion from American investors. And the Tiger Cubs are starting to quietly ask if the music is playing too loud.
This week’s Money Circuit covers five financial moves in AI most people missed while watching the SpaceX IPO: Ramp hits $44 billion for expense software, Bezos bets on brain-copying AI, Suno raises $400 million mid-lawsuit, Databricks quietly eyes $175 billion, and JPMorgan backs AI that helps Wall Street track itself.
This week in the Money Circuit: Alphabet breaks the record for the largest equity raise in corporate history at $85 billion, DeepSeek closes a $7 billion maiden round with Chinese state money and Tencent, Anthropic hits a $965 billion valuation and immediately files for an IPO, Supabase rides the vibe coding wave to a $10.5…
Nvidia shatters records with $81.6B in revenue and an $80B buyback. SoftBank adds $61 billion to its market cap in two days by simply owning OpenAI. Snowflake jumps 36% on a $6B AWS deal. A private equity firm trained AI on 13 years of its own deals. Uber burned its whole AI budget in four…
This week: Zoom quietly turned a $53 million Anthropic bet into $1.27 billion. DeepSeek admitted AGI is the real goal. Analysts started drawing dot-com parallels. Former Citadel quants raised $78 million for AI trading. And a venture capital insider said out loud what everyone already knew about who gets left out of the AI gold…
OpenAI files for IPO. SpaceX reveals it is now an AI company. Cerebras debuts at $95 billion. Hark raises $700M for a product nobody has seen. Exa Labs bets it can replace Google Search. Anthropic posts $10.9 billion in a single quarter. This is Money Circuit for May 22, 2026.
NextEra swallows Dominion for $67B to power AI data centers. Blackstone and Google launch a $5B AI cloud venture. Goldman and Anthropic colonize PE portfolios. DeepSeek gets state-backed at $45B. Moonshot AI raises $2B. SAP bets on Germany. Money Circuit, May 20, 2026.