NVIDIA and Groq explained: why Jensen Huang compares the licensing deal to Mellanox
NVIDIA did not buy Groq: it licensed the chipmaker’s low-latency inference technology and hired its team. What Huang’s Mellanox comparison means and what it cost.
Pre-IPO
Late-stage private companies — valued at $1B or more, raising Series C or later, or preparing to list: rounds, valuations, secondary deals.
US Army awards Anduril-linked enterprise contract with a $20 billion ceiling
The US Army awarded a ten-year enterprise agreement that consolidates more than 120 procurement tracks into one contract structure built around the Lattice platform. The contract includes a five-year base period and a...
Replit raises $400 million at a $9 billion valuation
Replit closed a $400 million Series D led by Georgian. Its valuation tripled in six months, from $3 billion in September 2025 to $9 billion. The company also launched Agent 4, has more than 50 million users and says i...
Revolut receives its full UK banking licence
The Bank of England lifted restrictions on Revolut Bank UK Ltd, allowing the company to operate as a full bank. The process took five years from the 2021 application. Revolut can now hold deposits on its own balance s...
Revolut applies for a US banking licence
Revolut filed applications with the OCC and FDIC to create Revolut Bank US, N.A. A federal bank charter would give the company direct access to Fedwire and ACH rails, FDIC deposit insurance and a single framework for ...
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