
Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops
Chinese AI startup Manus is in talks to raise $500 million at a $4 billion valuation following its blocked merger with Meta.

Chinese AI startup Manus is in talks to raise $500 million at a $4 billion valuation following its blocked merger with Meta.

Bending Spoons agreed to acquire digital whiteboarding platform Miro for $1.36 billion in cash, representing a 90% drop from its peak 2022 valuation.

Milan-based legaltech startup Lexroom completed two M&A transactions following its $50 million Series B round.

Travis Kalanick's startup Atoms is eyeing the robotaxi market following a $1.7 billion funding round and a $100 million Uber investment.

OpenAI terminated its partnership with coding startup Cursor following Cursor's $60 billion acquisition by SpaceX.

Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.93 billion to expand its developer infrastructure ecosystem.

Global venture funding reached $42 billion in August 2026, driven by massive megadeals for Databricks and River AI alongside major M&A announcements.

Palo Alto Networks acquired AI help desk startup Console for $500 million in cash and stock to bolster its Cortex platform.

OpenAI announced it will terminate its model access contract with code editor Cursor following Cursor's acquisition by Elon Musk's SpaceX.

Nvidia is in advanced talks to acquire open-source AI platform Hugging Face for $12.9 billion, according to media reports.

Socure raises $156M at a $5.2B valuation and buys agentic AI startup Fravity to automate financial crime investigations.

Following the acquisition of Statsig by Meta, Vijaye Raji will assume the role of CTO of Applications, reporting to Fidji Simo. This move signals Meta’s commitment to expanding its application development capabilities …