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Headlines · 5
- Harvey reportedly held preliminary IPO talks with Latham & Watkins
TechNews reported that legal-AI startup Harvey has begun preparing for the capital markets and held preliminary IPO discussions with Latham & Watkins. The talks remain at an early stage, with no clear near-term listing plan, and neither party responded to the report. Harvey said its annual recurring revenue exceeded $400 million in September 2026, while the report said it serves more than 3,500 customers.
科技新报 · 🔥 4 - Markets Reassessing AI Boom’s Pace and Long-Term Returns
Tony Wang, a science and technology equity strategy portfolio manager at T. Rowe Price, said the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. He attributed the AI-related selloff to crowded positioning, leverage and momentum-driven trading.
Bloomberg Technology · 🔥 0 - Fal Raises $1.3B at $16B Valuation
AI inference startup Fal announced a $1.3 billion Series F round and a $350 million Series E round, totaling $1.65 billion, with the latest round valuing the company at $16 billion. Bessemer Venture Partners led Series F, while Sequoia led Series E; Nvidia continued investing as a strategic investor. Fal provides a cloud platform for running image, video and audio generation models through a unified API, and plans to use the funding for additional computing power and hiring.
fal (X) · 🔥 0 - Bloomberg Reports OpenAI Has Raised $11 Billion at $1.25 Trillion Valuation
Bloomberg reported, citing sources familiar with the matter, that OpenAI has received about $11 billion in a new funding round that values the company at $1.25 trillion. The round has not closed and could reach about $20 billion in the coming weeks, below OpenAI’s earlier target of raising at least $30 billion. OpenAI had not confirmed the reported transaction by publication time.
The Decoder · 🔥 0 - T. Rowe Price’s Wang links AI slowdown to macro factors
Tony Wang told Bloomberg that the AI slowdown is more macroeconomic than attributable to any one company. He said investors expect AI spending to improve corporate and cloud revenue and margins, while describing AI-chip demand as unprecedented but warning that rapid shipments could strain supply chains, create bottlenecks and raise execution expectations.
Bloomberg Technology · 🔥 0
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