Two OpenAI partners at once expect to get valuations of more than $2 billion
- OpenAI's rapid growth also helps vendors and partners
- Anysphere is looking to raise investment at a $2.5 billion valuation
- It is developing a Cursor assistant based on OpenAI technologies
- That valuation is six times higher than it was 4 months ago
- ARR has grown to $50M/year ($20M a month ago)
- That means Anysphere gets about $4M/month from its subscriptions
- OpenAI is already an investor in it (also Thrive Capital fund)
- Also the $2 billion valuation is already being discussed by staffing agency Mercor
- It helps OpenAI and other AI startups to find contractors
- The startup is discussing raising at least $100 million in investments
- That is, Mercor's valuation could increase 8 times in six months
- The startup's ARR at the end of the year could reach $50 mln
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Stephanie Turner
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AppLovin shares soared 46% after announcing financial results
- All told, AppLovin stock is up 519% since the start of 2024
- AppLovin now has a market valuation of $80+ billion
- Its Q3 2024 revenue is up 39% to $1.2 billion
- Revenue for the current quarter will be $1.24-1.26 billion (+31%)
- Gaming business slowed, online advertising thrives
- Revenue from advertising products was $835 million (+66%)
- This growth was driven by the new AXON engine version
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Mistral AI has released an API for content moderation in 11 different languages
- The function has been implemented based on the Ministral 8B model
- It is needed to detect potentially dangerous content
- Moderation will be available for nine different categories
- The API can check source text and dialog content
- The solution is already in use on Mistral's Le Chat platform
- The API supports 11 different languages for content analysis
- These include English, French, Russia