The valuation was a big jump from the $1.8 billion Legora achieved just last October, when it raised a $150 million Series C round. The company has now raised a total of $866 million since being founded in 2023 by Max Junestrand, Sigge Labor and August Erseus. Nvidia has been an active startup investor, backing over three dozen companies so far in 2026, according to Crunchbase data. The chip giant has a stake in several of the most valuable AI companies, including OpenAI, Databricks, xAI and ScaleAI. It also has a number of power-generation-related investments sprinkled in, indicating ongoing concern and interest in how we are going to feed all those power-hungry AI bots. Meanwhile, venture funding for legal tech startups reached a record high in 2025, driven by investor enthusiasm for AI's potential to automate the legal profession. Per Crunchbase data, companies in the legal and legal technology sectors raised $4.08 billion in seed- through growth-stage funding in 2025. That's an impressive 77.4% increase from the $2.3 billion raised by legal tech startups in 2024....

Wall Street investors had expected to see Mac revenue in the low $8 billion range, but Apple reported $8.4 billion in the second quarter ended March 28 ' a notable beat for a non-core segment of the tech giant's business. In addition, investors ahead of earnings believed that Mac sales would be essentially flat year-over-year. Instead, Mac sales were up 6% on an annual basis, the company told investors. The company's total revenue was $111.2 billion, a 17% increase from the same period last year. Apple chalked up some of the Mac growth to recent product launches, including the well-received MacBook Neo. However, those fun, colorful computers were only on sale for a few weeks after the March 4 preorders began. Realistically, most units shipped mid- to late March, and some demand may have been pushed into April as certain models sold out. Apple CEO Tim Cook told analysts on the company's Q2 earnings call on Thursday that customer demand for the Neo was 'off the charts' and higher than Apple had expected. He also noted that Apple set a record in the quarter for customers new to the Mac, partly due to the Neo....

Anthropic is asking investors to submit allocations for the AI company's latest fundraise within the next 48 hours, according to sources familiar with the matter. The round, which TechCrunch reported is expected to be roughly $50 billion, is estimated to close within two weeks, the sources said. As we previously reported, Anthropic is targeting a valuation of about $900 billion. However, given the soaring demand from investors seeking a stake in the company, the final valuation may well exceed that figure, our sources said. Despite the intense demand, some early backers ' particularly those who invested in 2024 or earlier ' are skipping this round. Instead, these investors are waiting to potentially cash out during Anthropic's anticipated IPO later this year. Anthropic announced this month that its annual revenue run rate has surpassed $30 billion. But as we previously reported, the company's run rate is currently closer to $40 billion, according to sources with knowledge of the company's financials....

While the official press release did not disclose the terms of the deal, Frost (who had previously left the company), posted on X, LinkedIn, and Instagram that his startup walked with $105 million cash and had only raised $8 million from investors. That's a healthy return by any measure. Frost had not been running the company for about two years, according to a LinkedIn post by Skio's current CEO, Aidan Thibodeaux, who began as the startup's first COO. When he took over, he described a grind that involved no spend on marketing, ads, or a sales team. Instead, they focused spending exclusively on building the product. He and the founding CTO, Andrew Chen, made every sales call themselves, he wrote. Frost's story is even more stirring. In his Instagram post, he wrote that he solo-founded the startup after having a panic attack that caused him to leave his job as an engineer at Pinterest. COVID shut the world down two weeks later. Frost got into YC and says in another post that he 'completely failed during the batch,' until he pivoted to this subscription idea. In three years, he got the company to $10 million in ARR and, he says, profitable. Then another 'team came together and turned this early traction into a real company,' he credits....