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It’s been a busy week for Prime Unicorn Index components, with significant investments, acquisitions, tender offers, and IPO preparations. Here’s a look at the latest developments. Amazon’s $4 Billion Investment in Anthropic On November 22, Amazon announced an additional $4 billion investment in Anthropic, the third largest component of the

The Prime Unicorn Index has recently shown more signs of recovery, with Lightmatter raising a $400 Series D, components making acquisitions, and multiple valuation bumps following secondary transactions. Let’s take a look. Lightmatter’s Series D On October 16, Lightmatter announced that it had raised a $400 million Series D round

Anthropic has taken significant strides with its computer-use agent, an advanced AI feature that allows its Claude model to perform tasks directly on users’ screens. This feature enables Claude to interact with various applications, using screenshots to decide and execute actions such as moving cursors, clicking, and typing. This functionality

This week marks the quarterly reconstitution of both the Composite and Top 30 Indexes. Let’s take a look and see what’s changed. In the Top 30 Index, Navan fell below the threshold and was removed following a secondary transaction. It is still a component of the Composite Index. It was

It’s been a busy week for Prime Unicorn Index components. Form Energy raised a $405 million Series F, Hinge Health is preparing to file confidentially for a public offering, and many companies saw secondary market activity. Plus, Fidelity raised its first venture fund. Let’s take a look. On October 9,

Automattic, a component of the Prime Unicorn Index, recently made headlines when CEO and WordPress co-creator Matt Mullenweg gave his employees a striking ultimatum, according to CIO. Automattic, the company behind WordPress and the anti-spam tool Akismet, develops software that powers much of the web. Amidst internal disagreements over his

In a significant move that highlights the booming AI sector, Cerebras Systems has filed for an IPO. The AI chip firm’s filing reveals impressive growth, with annual revenue more than tripling in 2023. Key Financial Highlights – 2023 Revenue: $78.74 million – 2022 Revenue: $24.62 million – Revenue Growth: Over

KoBold Metals, a Prime Unicorn Index component last valued at roughly $1.2 billion, has authorized a new Series C round priced 98.6% higher than its Series B, now at $84.95 per preferred share. The increase comes as the company reportedly targets a $2 billion valuation in its upcoming fundraising. This

Insight Partners is nearing completion of its 13th fund, which is expected to close at over $10 billion and potentially reach $12 billion, according to the Financial Times. While this fundraise falls short of the firm’s initial $20 billion target set in June 2022, it still represents a significant amount

People Center, Inc. (DBA: Rippling) has seen its share price climb in the secondary markets in the past few months. The company most recently raised a $200M Series in F in April, which valued it at nearly $12 billion. Rippling is an all-in-one HR, IT, and finance platform that helps