Tootfinder

Airbnb reports Q2 revenue up 13% YoY to $3.1B, vs. $3.03B est., net income of $642M, vs. $599.3M est., Q3 outlook above est., and authorizes a $6B share buyback (Natalie Lung/Bloomberg)
https://www.bloomberg.com/news/articles/20

News Corp reports Q4 revenue up 1% YoY to $2.11B, vs. $2.1B est., and WSJ subscriptions up 7% YoY to 4.5M on average, 4.1M of which were digital-only (Harshita Mary Varghese/Reuters)
https://www.reuters.com/en/news-corp-beats-revenue-est…

Defense tech startup Anduril raised a $2.5B Series G led by Founders Fund, which invested $1B, at a $30.5B valuation, up from $14B in August 2024 (Edward Ludlow/Bloomberg)
https://www.bloomberg.com/news/articles/20

Google unveils a Guided Learning mode within its Gemini chatbot to help students and commits $1B over three years to AI education and training efforts in the US (Mark Sullivan/Fast Company)
https://www.fastcompany.com/91380890/google-unveils-n…

Exclusive: Google Gemini adds AI tutoring, heating up the fight for student users
The new tool, and a $1 billion initiative to improve AI education for college-age Americans, will compete against OpenAI’s recently added ChatGPT Study mode.

Cursor maker Anysphere raised $900M led by Thrive at a $9.9B valuation, bringing its total funding to $1B and says its annualized revenue crossed $500M (Bloomberg)
https://www.bloomberg.com/news/articles/2025-…

An analysis of Crunchbase and PitchBook data shows that in 2025 so far at least 36 tech startups hit a $1B valuation, including seven in June and six in May (Dominic-Madori Davis/TechCrunch)
https://techcrunch.com/2025/07/06/7-new-tech-unicorns-w…

At least 36 new tech unicorns were minted in 2025 so far | TechCrunch
With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down

Fox reports Q4 revenue up 6% YoY to $3.29B, ad revenue up 7% YoY to $1.1B, driven by Tubi and Fox News, and a net income of $719M, up from $320M in Q4 2024 (Alex Weprin/The Hollywood Reporter)
https://www.hollywoodreporter.com/business/business-news/…

Fox Ad Revenue Rises, Driven by Tubi and Fox News
The company saw revenues rise across the board in tis fiscal Q4 quarter, as it prepares to launch its Fox One streaming service.

Shares of Circle jumped 124%, opening at $69.50 on the NYSE, after the stablecoin company raised almost $1.1B in an IPO (Tanaya Macheel/CNBC)
https://www.cnbc.com/2025/06/05/stablecoin-issuer-circle-soars-in-…

Stablecoin issuer Circle soars 124% in NYSE debut after pricing IPO above expected range
Circle joins Coinbase, Mara Holdings and Riot Platforms as one of the few pure-play crypto companies to list in the U.S. 

Sources: AI video startup Runway is looking to raise ~$500M at a $5B pre-money valuation; rival Luma AI aims to raise $1.1B at a $3.2B pre-money valuation (The Information)
https://www.theinformation.com/articles/runway-luma-talks-mul…

Runway, Luma in Talks for Multibillion-Dollar Fundraises as Revenue Picks Up
Startups that use artificial intelligence to make videos for Hollywood studios and amateur filmmakers are getting thirsty for more capital. Runway, a startup that has cut deals with Lionsgate and AMC Networks, is in talks with investors to raise around $500 million at a valuation of at least $5 ...

A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B via Tornado Cash (Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-06/tornado…

Tug-of-war between idiom's figurative and literal meanings in LLMs
Soyoung Oh, Xinting Huang, Mathis Pink, Michael Hahn, Vera Demberg
https://arxiv.org/abs/2506.01723

Tug-of-war between idiom's figurative and literal meanings in LLMs
Idioms present a unique challenge for language models due to their non-compositional figurative meanings, which often strongly diverge from the idiom's literal interpretation. This duality requires a model to learn representing and deciding between the two meanings to interpret an idiom in a figurative sense, or literally. In this paper, we employ tools from mechanistic interpretability to trace how a large pretrained causal transformer (LLama3.2-1B-base) deals with this ambiguity. We localize …

Virtual chronic care company Omada Health closed up 21% in its Nasdaq debut after raising about $150M in its IPO, valuing the company at just over $1B (Ashley Capoot/CNBC)
https://www.cnbc.com/2025/06/06/omada-shares-open-at-23-in-na…

Omada shares pop 42% in Nasdaq debut after health tech company's IPO
Omada Health became the latest tech company to hit the Nasdaq on Friday, as the IPO market picks up steam.

Words for the ages ->
Robin Williams - Politicians are Diapers
https://www.youtube.com/shorts/1B-zlYSoN4g

Das gibt Ärger mit Trump. Das sagt man doch nicht: Apple says tariffs added $800M in costs last quarter, expects over $1B hit in Q4 #trump #tariffs #apple

The Trump administration is planning to change the visa system for skilled foreign workers,
a program at the center of a dispute between immigration hard-liners and tech industry leaders,
said the new director of U.S. Citizenship and Immigration Services.
Joseph Edlow, the director of U.S.C.I.S., said the test to become a U.S. citizen was "too easy" and should change.
“The test as it’s laid out right now, it’s not very difficult,”
Mr. Edlow said on Thur…

Trump Administration Plans Changes to H-1B Visas and U.S. Citizenship Tests
In an interview with The New York Times, the new director of U.S. Citizenship and Immigration Services said the test to become a U.S. citizen was too easy.

Check out today's Metacurity for the most critical infosec developments you should know today, including
--Salt Typhoon 'extensively' compromised a state national guard network for months,
--Former US army soldier pleads guilty to hacking telcos,
--Ukraine claims hack of big Russian drone maker,
--Korean insurance giant hit by ransomware attack,
--Trump's bill offers $1b spend on offensive cyber,
--Abacus Market goes dark after suspected rug…

Salt Typhoon 'extensively' compromised a state national guard network for months
Former US army soldier pleads guilty to hacking telcos, Ukraine claims hack of big Russian drone maker, Korean insurance giant hit by ransomware attack, Trump's bill offers $1b spend on offensive cyber, Abacus Market goes dark after suspected rug pull, AsyncRAT has spawned 30+ forks, much more

Dex1B: Learning with 1B Demonstrations for Dexterous Manipulation
Jianglong Ye, Keyi Wang, Chengjing Yuan, Ruihan Yang, Yiquan Li, Jiyue Zhu, Yuzhe Qin, Xueyan Zou, Xiaolong Wang
https://arxiv.org/abs/2506.17198

Dex1B: Learning with 1B Demonstrations for Dexterous Manipulation
Generating large-scale demonstrations for dexterous hand manipulation remains challenging, and several approaches have been proposed in recent years to address this. Among them, generative models have emerged as a promising paradigm, enabling the efficient creation of diverse and physically plausible demonstrations. In this paper, we introduce Dex1B, a large-scale, diverse, and high-quality demonstration dataset produced with generative models. The dataset contains one billion demonstrations fo…

CrowdStrike reports Q1 revenue up 20% YoY to $1.1B, in line with est., forecasts Q2 revenue below est., approves a $1B share buyback; CRWD drops 6% after hours (Harshita Mary Varghese/Reuters)
https://www.reuters.com/business/crowdstri

Allen Media Group confirms it plans to sell its 28 broadcast TV stations, which it operates and has spent $1B over the past six years to acquire (Lillian Rizzo/CNBC)
https://www.cnbc.com/2025/06/02/byron-allen-broadcast-tv-stations-sale.html…

Byron Allen puts broadcast TV stations up for sale
Byron Allen is putting his 28 broadcast TV stations up for sale in a bid to reduce his company's debt load.

Exclusive: 'A more vulnerable nation': FEMA memos lay out risks of plan to cut $1B in disaster and security grants (Gabe Cohen/CNN)
https://cnn.com/2025/07/25/politics/fema-propose-cuts-disaster-security-grants
http://www.memeorandum.com/250725/p131#a250725p131

Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M expected, and boosts full-year outlook guidance to $4.14B-$4.15B, up from $3.89B-$3.90B (Samantha Subin/CNBC)
https://www.cnbc.com/2025/08/04/palantir-pltr-q2-earnings-2025.html

Palantir tops $1 billion in revenue for the first time, boosts guidance
Palantir surpassed Wall Street's estimates and lifted its full-year outlook.

France's TF1 Group reports H1 2025 revenue up 0.1% YoY to €1.1B, media division revenue down 0.9% YoY to €975M, and Studio TF1 revenue up 6.4% YoY to €128M (Jesse Whittock/Deadline)
https://deadline.com/2025/07/tf1-half-year-2025-results-1236472919/

New York-based sales tool startup Clay raised $100M led by CapitalG at a $3.1B valuation, up from $1.25B in January 2025, and expects $100M in revenue in 2025 (Michael J. de la Merced/New York Times)
https://www.nytimes.com/2025/08/05/business/dealbook/c…

Clay, a Sales Tool for the A.I. Era, Raises $100 Million
Investors valued the company, which describes its core user as a kind of marketing engineer, at $3.1 billion.

Source: Circle priced its upsized IPO at $31 per share, above marketed range of $27 to $28, raising nearly $1.1B and valuing the company at approximately $6.9B (Anthony Hughes/Bloomberg)
https://www.bloomberg.com/news/articles/20

LumApps, which makes intranet software, agrees to merge with frontline staff communication app Beekeeper in a deal valuing the combined entity at about $1.1B (Reuters)
https://www.reuters.com/business/aerospace

In a filing, the Newhouse family, which owns Condé Nast, says it plans to sell 100M WBD shares worth around $1.1B total; $WBD falls 4% (Lucas Manfredi/The Wrap)
https://www.thewrap.com/warner-bros-discovery-stock-sale-newhouse-family/

Warner Bros. Discovery Stock Falls as Newhouse Family Sells $1.1 Billion in Shares
The media giant's shares tumbled over 4% during Tuesday's trading session after the Condé Nast owners sold 100 million shares

Sources: data labeling company Surge AI aims to raise up to $1B, targeting a valuation of $15B; Surge AI had $1B in 2024 revenue, vs. Scale AI's reported $870M (Reuters)
https://www.reuters.com/business/scale-ais

Trump Media reports Q2 net sales up 5.5% YoY to $883.3K, a net loss of $20M, vs. a $16.4M net loss in Q2 2024, and $3.1B in cash and investments, up ~800% YoY (Todd Spangler/Variety)
https://variety.com/2025/digital/news/trump-truth-social-tmtg-q2-2…

Trump's TMTG Truth Social Q2 Earnings: $20M Loss on $883K in Net Sales
Trump Media & Technology Group, the parent company of Truth Social that is majority-owned by President Donald Trump, posted earnings for Q2 2025.

Sources: Pump.fun plans to raise $1B via a token sale at a $4B valuation; Pump.fun has generated over $700M in cumulative revenue since its launch in early 2024 (Blockworks)
https://blockworks.co/news/pumpdotfun-token-sale

CEO Alex Bouaziz says Deel crossed $1B annual revenue run rate in Q1 2025 and has allocated an M&A budget of between $200M and $500M in 2025 (Jaspreet Singh/Reuters)
https://www.reuters.com/technology/deel-ey

Alex Jones accused of trying to shield assets as Sandy Hook families seek payment on $1B judgment (Dave Collins/Associated Press)
https://apnews.com/article/alex-jones-infowars-sandy-hook-shooting-8f4c64aa6ca78f30c5a7472e92865edd
http://www.memeorandum.com/250618/p32#a250618p32

Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (Christopher Grimes/Financial Times)
https://www.ft.com/content/1e0645d5-054e-4b00-a545-b95a1e2b261a

Sequoia bets on indie films with $100mn Mubi fundraising
Capital infusion led by Silicon Valley firm comes after box office success of ‘The Substance’

HPE reports Q2 revenue up 6% YoY to $7.63B, vs. $7.46B est., Server revenue up 6% YoY to $4.1B, and says it expects a reduced impact from tariffs this year (Brody Ford/Bloomberg)
https://www.bloomberg.com/news/articles/20

Darktrace says it plans to invest $200M in the US in 2026, up 11% YoY, as part of a push to surpass $1B in revenue and grow its US sales to 50% of its revenue (Kieran Smith/Financial Times)

The Open Platform, a key TON developer that is behind Telegram's Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/07/03/telegram-…

Exclusive: Telegram blockchain startup TOP raises $28.5 million as messaging platform expands crypto footprint
Ribbit Capital led the Series A fundraise, with participation from Pantera Capital.

SCOTUS will review a dispute between Cox and major music labels after an appeals court threw out a $1B jury verdict against Cox over alleged piracy by customers (Blake Brittain/Reuters)
https://www.reuters.com/s…

Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested (Yuliya Chernova/Wall Street Journal)
https:/…

Amazon MGM Studios says it will have a $1B slate in 2026 and release 20 movies; 10 will have theatrical runs and will not be exclusive to Prime Video thereafter (Stewart Clarke/Deadline)
https://deadline.com/2025/06/amazon-mgm-2026…

Amazon MGM Talks $1B Slate And Says “We Are Heavily Invested In Theatrical” & “We’re Not Holding Any Content Back”
Amazon MGM Studios Talks $1 Billion 2026 Slate with theatrical releases and global distribution part of the plan.

A profile of Robinhood CEO Vlad Tenev, whose personal fortune has surged 6x over the past year to $6.1B, as the company leans into tokenized stock derivatives (Nina Bambysheva/Forbes)
https://www.forbes.com/sites/ninabambyshev…

Inside Robinhood’s Crypto-Fueled Plan For World Domination
First Vlad Tenev blew up the brokerage industry’s fee model. Now, thanks in part to his full-on crypto embrace, he has increased his fortune sixfold to $6 billion as he embarks on a global financial services takeover with tokenized stocks, AI-powered investing and a bid to own the rails of the looming $124 trillion generational wealth transfer.

Thoma Bravo raised $34.4B across three funds, including $24.3B for its main software company buyout fund and $8.1B for its midsize software-focused fund (Miriam Gottfried/Wall Street Journal)
https://www.

Filing: neobank Chime plans to sell 26M shares in its IPO at $24 to $26, giving it a valuation between $10.3B and $11.1B; its two co-founders own 4% to 5% each (Cory Weinberg/The Information)
https://www.theinformation.com/briefings/chime-sets-ipo-…

Chime Sets Tentative IPO Price at Around $10.7 Billion
Banking app Chime plans to sell shares in an initial public offering at a price that would value it at between $10.3 billion and $11.1 billion, on a fully-diluted basis, the company said in a new securities filing Monday. The company set the price range ahead of a roadshow to meet investors over the next week, ahead of its IPO. The per-share price of the range, between $24 and $26, is more

Thoma Bravo agrees to acquire a stake in Chicago-based capital markets industry SaaS provider Trading Technologies, sources say in a deal valued at over $1B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-07-30/thoma-brav…

Sources: Mistral is in discussions, including with Abu Dhabi's MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B (Financial Times)
https://www.ft.com/content/c824d775-d5e9-479d-8872-bb7c2cc702dc

Israeli customer service automation company Nice acquires Cognigy, which develops a conversational and agentic AI platform, for $955M, set to close in Q4 2025 (Shiri Habib-Valdhorn/Globes)
https://en.globes.co.il/en/article-nice-acquires-ai-co-cognigy-…

Nice acquires AI co Cognigy for $955m
The acquisition combines Nice's purpose built customer service AI platform with Cognigy's conversational and agentic platform, which will enable organizations to accelerate AI adoption in customer experience.

Roblox says it is on track to pay out $1B to creators in 2025, as it revamps its rewards program to encourage creators to bring more players onto the platform (Jay Peters/The Verge)
https://www.theverge.com/news/691308/roblo

Roblox wants to better reward creators for bringing players back
Roblox is introducing two new systems that are designed to reward creators for engagement and bringing new and lapsed users onto the platform.

Sources: Kalshi is raising $100M led by Paradigm at a $1B valuation; Polymarket is completing a $200M investment led by Founders Fund at a ~$1B valuation (Kate Clark/Bloomberg)
https://www.bloomberg.com/news/articles/20

Roblox reports Q2 revenue up 21% YoY to ~$1B, Bookings up 51% YoY to ~$1.4B, above $1.24B est., and DAUs up 41% YoY to 111.8M, above 106M est.; RBLX jumps 15% (Chris Eudaily/CNBC)
https://www.cnbc.com/2025/07/31/roblox-rblx-stock-earnings.html

Roblox stock soars 16% after revenue beat, strong user growth
User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year-over-year, and hours engaged up 58%.

YouTube viewership for Fox News has risen 109% YoY to 2.3B in 2025 so far; MSNBC's is up 27% to 1.9B, CNN's is up 42% to 1.1B, while ABC's and NBC's are down (The Wrap)
https://www.thewrap.com/fox-news-msnbc-cnn-youtube-viewership-analysis/

The Mainstream News Battle Hits YouTube: How Fox News, CNN, MSNBC Stack Up 
With Trump, Fox News has seen its YouTube viewership jump 109% in the last year — but MSNBC is not far behind.

Apple has now sold over 3B iPhones since its 2007 launch; it reached 1B sold in July 2016, and is estimated to have reached 2B around September 2021 (Chance Miller/9to5Mac)
https://9to5mac.com/2025/07/31/tim-cook-apple-just-sold-its-three-billionth-iphone/…

Tim Cook: Apple just sold its three-billionth iPhone - 9to5Mac
Apple reported its fiscal Q3 2025 earnings today, beating analyst expectations in key categories like revenue, earnings per share, iPhone...

DappRadar: NFT lending market volume has dropped 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity falling by 90% (Stephen Katte/Cointelegraph)
https://cointelegraph.com/news/real-world-assets-revitalize-dy…

Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (Christopher Grimes/Financial Times)
https://www.ft.com/content/1e0645d5-054e-4b00-a545-b95a1e2b261a

Sequoia bets on indie films with $100mn Mubi fundraising
Capital infusion led by Silicon Valley firm comes after box office success of ‘The Substance’

Apple incurred ~$800M in tariff-related costs in Q3, $100M less than expected, and expects a jump to $1.1B in Q4 if current rates and policies remain in place (William Gallagher/AppleInsider)
https://appleinsider.com/articles/25/0

Apple staring down $2 billion in Tariff costs in total before end of September
Apple's bill for Trump's tariffs in the third quarter was a little less than first expected, but Tim Cook has cautioned that it will be considerably more in the next quarter, totaling about $2 billion across just two quarters.

Sources: CapitalG and Nvidia are in talks to invest in Vast Data, which could value the AI infrastructure provider at ~$30B, up from $9.1B in 2023 (Reuters)
https://www.reuters.com/business/alphabets-capitalg-nvidia-…

Amazon MGM Studios says it will have a $1B slate in 2026 and release 20 movies; 10 will have theatrical runs and will not be exclusive to Prime Video thereafter (Stewart Clarke/Deadline)
https://deadline.com/2025/06/amazon-mgm-2026…

Amazon MGM Talks $1B Slate And Says “We Are Heavily Invested In Theatrical” & “We’re Not Holding Any Content Back”
Amazon MGM Studios Talks $1 Billion 2026 Slate with theatrical releases and global distribution part of the plan.

Canada-based Clio, which makes cloud tools for law firms, agrees to acquire vLex, which offers a legal and regulatory database and an AI assistant, for $1B (Alex Riehl/BetaKit)
https://betakit.com/clio-to-acquire-american-legaltech-vlex-for-1-billion…

Clio to acquire American legaltech vLex for $1 billion USD
vLex offers an extensive legal and regulatory database alongside an AI-powered assistant.

Source: data-labeling startup Surge AI is in talks with a16z, Warburg Pincus, and others to raise $1B in its first funding round at a valuation of at least $25B (Rachel Metz/Bloomberg)
https://www.bloomberg.com/news/articles/20…

Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 (Reuters)
https://www.reuters.com/business/anthropic-hits-3-…

Snorkel AI, which pivoted from data labeling to building AI evaluation tools, raised a $100M Series D led by Addition at a $1.3B valuation, up from $1B in 2021 (Rashi Shrivastava/Forbes)
https://www.forbes.com/sites/rashishrivast…

Snorkel AI Raises $100 Million To Build Better Evaluators For AI Models
As it faces off against larger players, the data labelling startup is doubling down on using human experts to evaluate AI systems.

Tubi says it crossed 100M monthly users in May and accounted for 1B hours of total TV viewership time; Nielsen: Tubi accounted for 2.2% of total TV viewership (Kayla Cobb/The Wrap)
https://www.thewrap.com/tubi-users-100-million-monthly-nielsen/

Tubi Surpasses 100 Million Monthly Users for the First Time
Tubi surpassed 100 million monthly hours and accounted for 1 billion hours of total TV viewing in May, a first according to Nielsen.

Onebrief, which makes military workflow software, raised a $20M Series C extension led by Battery Ventures at a $1.1B valuation, taking the round total to $70M (Chris Metinko/Axios)
https://www.axios.com/pro/enterprise-softw

Exclusive: Defense tech startup Onebrief hits $1.1B valuation
Onebrief's Series C extension was led by Battery Ventures.

Nvidia executives, including Jensen Huang, have sold $1B worth of company stock in the past 12 months, with $500M in share sales occurring in June 2025 alone (Financial Times)
https://www.ft.com/content/36f346ad-c649-42ac-a6b6-1a8cc881e0bb

Nvidia executives cash out $1bn worth of shares
Chief executive Jensen Huang leads wave of insider selling as AI demand boosts stock to record high

The US House passes a Senate-approved bill to strip $1.1B from the CPB, hitting 1,500 local stations, PBS, and NPR; it now awaits President Trump's approval (NBC News)
https://www.nbcnews.com/politics/congress/trumps-cuts-npr-pbs-foreign…

Trump's cuts to NPR, PBS and foreign aid clear Congress
Congress passed a bill cutting $9 billion in spending for NPR, PBS and foreign aid, sending it to Donald Trump's desk to sign into law.

Source: over a dozen people at Thinking Machines Lab were approached by Meta; one offer was $1B over a multi-year span; not a single person has taken the offer (Kylie Robison/Wired)
https://www.wired.com/story/mark-zuckerberg-ai-recruiting-spree-thinking-m…

Meta’s AI Recruiting Campaign Finds a New Target
Meta approached more than a dozen staffers at Mira Murati’s AI startup to discuss joining its new superintelligence lab. One received an offer for more than $1 billion.

Worldline reports Q2 revenue down 4.4% YoY to €1.14B and a net loss of €4.2B for H1 2025, after booking a €4.1B impairment tied to merchant services business (Claudia Cohen/Bloomberg)
https://www.bloomberg.com/news/articles/2025-…

Substack raised $100M from the Chernin Group, a16z, and others, sources say at a $1.1B valuation, as it builds a social network and focuses on advertising (New York Times)
https://www.nytimes.com/2025/07/17/business/substack-fundraising-social-network.htm…

Substack Raises $100 Million, Betting on Subscriptions but Coming Around to Ads
Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.

Ambience Healthcare, which uses AI to automate administrative tasks for medical professionals, raised $243M led by a16z and Oak HC/FT at a $1B valuation (Brunella Tipismana Urbano/Bloomberg)
https://www.bloomberg.com/news/articles/20

The US Senate votes narrowly early Thursday morning to strip $1.1B in funding from the CPB, in a severe blow to 1,500 local TV and radio stations, PBS, and NPR (Gene Maddaus/Variety)
https://variety.com/2025/politics/news/senate-strips-billion-pub…

Senate Strips $1.1 Billion From Public Broadcasting
The Senate voted early Thursday to strip $1.1 billion in funding from the Corporation for Public Broadcasting, in a severe blow to NPR and PBS.

EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech (Cathy Chan/Bloomberg)
https://www.bloomberg.com/news/articles/20

Sources: Coinbase is in advanced talks to acquire CoinDCX, potentially valuing the Indian crypto exchange at less than $1B, below its 2022 $2.15B valuation (Pankaj Mishra/Livemint)
https://www.livemint.com/companies/news/co

News Corp authorizes a $1B stock repurchase program; the total authorization now stands at $1.3B as ~$303M is remaining under the September 2021 buyback plan (Jaspreet Singh/Reuters)
https://www.reuters.com/business/news-corp-announces-new-1-…

New Zealand-based Halter, which provides smart collars and geofencing software for the dairy industry, raised a $100M Series D led by Bond at a $1B valuation (Kritika Lamba/Reuters)
https://www.reuters.com/world/asia-pacific

Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M investment led by Founders Fund at a ~$1B pre-money valuation (Kate Clark/Bloomberg)
https://www.bloomberg.com/news/articles/20…

Roblox says it is on track to pay out $1B to creators in 2025, as it revamps its rewards program to encourage creators to bring more players onto the platform (Jay Peters/The Verge)
https://www.theverge.com/news/691308/roblo

Roblox wants to better reward creators for bringing players back
Roblox is introducing two new systems that are designed to reward creators for engagement and bringing new and lapsed users onto the platform.

Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B valuation (Cate Lawrence/Tech.eu)
https://tech.eu/2025/06/25/zama-becomes-1st-i-fhe-unicorn…

Zama becomes 1st fully homomorphic encryption unicorn with $57M raise
French open source cryptography company Zama today announced a $57 million Series B funding round co-led by Blockchange Ventures and Pantera Capital, bringing Zama’s total funding to over $150 million, and its valuation to north of a billion USD.  Founded by Dr Pascal Paillier and Dr Rand Hindi, the company is building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain. Fully homomorphic encryption (FHE) allows computations to be performed on encrypted data without…

Source: Founders Fund and Dragoneer have committed to investing $1B each in OpenAI's second, $30B installment of its $40B round announced in March (Sri Muppidi/The Information)
https://www.theinformation.com/articles/founders-fund-dragon…

Founders Fund, Dragoneer Each Commit $1 Billion–Plus to OpenAI Deal
As OpenAI tries to raise a record-breaking $40 billion in equity funding this year, it’s getting help from more of its existing investors. Peter Thiel’s Founders Fund and Dragoneer Investment Group have committed to investing more than $1 billion each in the second, $30 billion installment of ...

Analysis and sources: $1B of Nvidia's AI chips were shipped to China in the three months after President Trump tightened chip export controls in May (Financial Times)
https://www.ft.com/content/6f806f6e-61c1-4b8d-9694-90d7328a7b54

Anthony Pompliano's ProCap raised $750M , including $235M in convertible debt, and is going public via a SPAC; the new firm aims to hold up to $1B in bitcoin (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/06/23/pompliano-procap-spac-bitcoin.html…

Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows
Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt.

Gamma Data: China's female-oriented gaming market surged 124% YoY to $1B in 2024, driven by mobile game Love and Deepspace, which earned $400M, per Sensor Tower (Wataru Suzuki/Nikkei Asia)
https://asia.nikkei.com/Business/Media-Entertain…

Women power China's $1bn romance gaming market
Fewer taboos for female gamers lead to hits like Love and Deepspace

Businesses and households served by PJM, the US' largest power grid operator, will pay a record $16.1B for electricity supplies amid an AI-driven demand surge (Naureen S Malik/Bloomberg)
https://www.bloomberg.com/news/articles/20

Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B valuation, up from ~$300M in 2023, per PitchBook (Brunella Tipismana Urbano/Bloomberg)
https://www.bloomberg.com/news/articles/20

South Korea's SK Group and AWS will invest ~$5.1B including $4B from AWS to build a 100 MW AI data center in Ulsan by 2029, and plan to expand capacity to 1 GW (Reuters)
https://www.reuters.com/business/retail-co

How UK Biobank, a government-backed cloud database of 1B medical images from 100,000 participants, is fueling breakthroughs in AI-driven diagnostics (Bloomberg)
https://www.bloomberg.com/news/articles/2025-07-18/what-scientist…

Sources: xAI is burning through $1B/month and expects to burn through ~$13B in 2025; revenues are expected to be just $500M this year, rising to $2B next year (Bloomberg)

Sports data company Teamworks raised a $235M Series F led by Dragoneer at a $1B valuation; its tech is used by 6.5K sports teams including all NFL teams (Randall Williams/Bloomberg)
https://www.bloomberg.com/news/articles/20

Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal (Foo Yun Chee/Reuters)
https://www.reuters.com/sustaina…

The Gates Foundation, Ballmer Group, and others form NextLadder to spend $1B over 15 years to develop AI tools for public defenders, parole officers, and more (Thalia Beaty/Associated Press)
https://apnews.com/article/artificial-

Substack raised $100M from the Chernin Group, a16z, and others, sources say at a $1.1B valuation, as it builds a social network and focuses on advertising (New York Times)
https://www.nytimes.com/2025/07/17/business/substack-fundraising-social-network.htm…

Substack Raises $100 Million, Betting on Subscriptions but Coming Around to Ads
Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.

Israeli observability startup Coralogix raised a $115M Series E led by NewView Capital at a $1B valuation, and plans to invest ~$100M in India over five years (Jagmeet Singh/TechCrunch)
https://techcrunch.com/2025/06/17/obse

Observability startup Coralogix becomes a unicorn, eyes India expansion | TechCrunch
Coralogix, an Israeli startup offering a full-stack observability and security platform, has raised $115 million at a pre-money valuation of over $1

Juniper Square, which offers investment management and fund administration tools for real estate, PE, VC firms, raised $130M led by Ribbit at a $1.1B valuation (Katie Roof/Bloomberg)
https://www.bloomberg.com/news/articles/20

OpenEvidence, whose free AI search tool has signed up 40% of doctors in the US, raised $210M led by GV at a $3.5B valuation, up from $1B in February (Amy Feldman/Forbes)
https://www.forbes.com/sites/amyfeldman/2025/07/1…

OpenEvidence Cofounder Daniel Nadler Is Now A Billionaire.
Daniel Nadler started OpenEvidence to help physicians sort through a deluge of medical research. Now, he’s raised $210 million at a $3.5 billion valuation.

DoorDash acquires adtech company Symbiosys for $175M, as part of a major update to its ad business that now generates $1B annually (Natalie Lung/Bloomberg)
https://www.bloomberg.com/news/articles/2025-06-11/doorda…

Meter, which sells and maintains packages of custom data center networking equipment, raised $170M led by General Catalyst at a $1B valuation (Michael J. de la Merced/New York Times)
https://www.nytimes.com/2025/06/12/business/dealbook/meter-n…

Meter, Networking Start-Up, Raises $170 Million
The company has collected $170 million in new capital as it seeks to help connect data centers and other businesses in the age of artificial intelligence.

Sources: Zerohash, which provides crypto and stablecoin infrastructure, is raising ~$100M at a ~$1B valuation, up from $340M when it raised a Series D in 2022 (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/07/11/

Exclusive: Crypto and stablecoin infrastructure startup zerohash to raise $100 million at almost $1 billion valuation
The company is the latest beneficiary of venture capital’s booming interest in stablecoins.

Sources: Revolut is in talks to raise about $1B of funding via newly issued shares and the sale of some existing stock at a $65B valuation (Financial Times)
https://www.ft.com/content/f4de3f2e-2476-4048-a035-f1f78a59922e

Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B valuation (Kelsey Warner/Semafor)
https://www.semafor.com/article/07/11/2025/singapore-esim-startup-raises-220-million

Singapore eSIM startup raises $220 million
Airalo, led by a Dubai-based founder, was valued at more than $1 billion in its latest funding round, led by private equity giant CVC.

CB Insights: VCs and private equity firms poured $3.1B to fund 144 deals in the LA area in Q1 2025, up from $2.7B in Q1 2024 and $1.4B in Q1 2023 (Los Angeles Times)
https://www.latimes.com/business/story/2025-06-06/venture-capital-…

Venture capital investment rises in L.A., and not just for AI startups
Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago.

Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024 (Paige Smith/Bloomberg)
https://www.bloomberg.com/news/articles/20

Sources: Mistral AI is in talks to raise as much as $1B in equity from several investors including Abu Dhabi's MGX; it has raised €1B since its 2023 founding (Bloomberg)
https://www.bloomberg.com/news/articles/2025-…

Sources: LangChain, which helps developers use off-the-shelf AI models to create new apps, raised $100M led by IVP at a $1.1B valuation (Rashi Shrivastava/Forbes)
https://www.forbes.com/sites/rashishrivastava/2025/07/…

AI Startup LangChain Is In Talks To Raise $100 Million
The startup, which sources say is raising at a $1.1 billion valuation, helps developers at companies like Klarna and Rippling use off-the-shelf AI models to create new applications.

Quantum computing company IonQ raised $1B via a sale of stock and warrants to Heights Capital Management, an affiliate of Susquehanna International Group (Anthony Hughes/Bloomberg)
https://www.bloomberg.com/news/articles/20