Sources: two members of Thinking Machines Lab's founding team, Christian Gibson and Noah Shpak, left the startup and have been working at Meta for a few weeks
- Two founding team members left Thinking Machines Lab for Meta in recent weeks. — The exits add to a wave of departures from the high-profile $12 billion AI startup.
Trump plans to launch Project Vault, a $12B critical minerals stockpile to minimize China reliance; 12+ companies, including Google, have agreed to participate
President Donald Trump formally announced plans to launch a $12 billion critical minerals stockpile, in his latest effort …
OpenEvidence, which is building “ChatGPT for doctors”, raised $250M led by Thrive and DST at a $12B valuation, up from $6B in October and $1B in February 2025
A startup widely known as “ChatGPT for doctors” raised a new funding round that values the company at $12 billion.
Saudi Arabia's PIF transfers ~$12B worth of gaming company shares, including of Nintendo, to Savvy Games; PIF already transferred 11M Take-Two shares in 2025
Saudi Arabia's Public Investment Fund is transferring roughly $12 billion worth of gaming company shares, including firms …
ServiceNow has spent $12B+ on acquisitions and investments in 2025 amid concerns about revenue growth, projected to fall below 20% in 2026 without acquisitions
After years of eschewing big mergers, ServiceNow Inc. is on a deal spree. It has spent at least $12 billion this year on acquisitions or strategic investments.
Sources: Amazon is seeking to raise about $12B through a bond sale, its first such deal in US dollars since 2022, to help fund acquisitions, capex, and more
Amazon.com. Inc. is seeking to raise about $12 billion through a bond sale — its first such deal in US dollars in about three years …
Sources: Polymarket is in early talks with investors to raise funds at a $12B to $15B valuation, up from ~$8B pre-investment in a raise earlier in October
The prediction market Polymarket is holding early conversations with investors and looking to raise money at a valuation between $12 billion …
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority
Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation …
Source: OpenAI's monthly revenue grew ~2x in the first seven months of 2025, hitting $12B in annualized revenue; the company's 2025 revenue projection is $12.7B
OpenAI roughly doubled its revenue in the first seven months of the year, reaching $12 billion in annualized revenue, according to a person who spoke to OpenAI executives.
Tesla's Austin robotaxi service gets a limited launch, with ~10 Model Y vehicles and safety drivers; Elon Musk says initial users will pay “a $4.20 flat fee”
or want to know—about Tesla's robotaxi service David Pierce / The Verge : Tesla's robotaxi reality check Richard Brack / Austin American-Statesman : Tesla robotaxis begin rolling in Austin, but only f...