Billion Fund

• Databricks announced a Series H funding round of $10 billion at a $43 billion valuation on April 18, led by existing investors including Andreessen Horowitz and Sequoia Capital, to accelerate development of its AI and data platform. • The funding will support expansion of Databricks' lakehouse architecture, which integrates data warehousing and data lakes, and fund aggressive hiring in engineering and sales across North America. • The round positions Databricks as one of the fastest-growing enterprise software companies and signals strong investor confidence in the competitive data infrastructure market dominated by Snowflake and others.

• Perplexity AI announced a Series D funding round of $500 million at an $8.5 billion post-money valuation on April 19, led by prominent venture capital firms and strategic investors including Nvidia and Saudi PIF. • The funding will support expansion of Perplexity's AI search engine capabilities, development of enterprise API offerings, and geographic expansion into European and Asian markets with localized language models. • The round positions Perplexity as a serious challenger to Google Search and reflects growing investor confidence in AI-powered search alternatives and conversational information retrieval platforms.

• Sequoia Capital announced a $7 billion expansion fund under new leadership specifically targeting late-stage AI startups across the U.S. and Europe. • The fund aims to accelerate growth for mature AI companies navigating scaling challenges in competitive markets. • This massive capital injection underscores surging investor confidence in AI's long-term potential amid rapid technological advancements.

• Andreessen Horowitz has successfully closed a $15 billion fund dedicated to artificial intelligence startups, representing one of the largest venture capital commitments to the AI sector. • The fund targets investment opportunities across healthcare, enterprise software, and robotics sectors, focusing on companies leveraging generative AI technologies. • The massive capital commitment reflects continued investor confidence in AI-driven innovation despite broader market dynamics and demonstrates venture capital's long-term commitment to the generative AI space.

• Scale AI raised $1 billion on April 9, 2026, at $2.5 billion valuation from Accel and Founders Fund for US data labeling expansion. • Funding supports hiring 1,000 engineers in San Francisco to improve RLHF datasets for models like Llama 4. • Positions Scale as critical US AI infrastructure player, with CEO Alexandr Wang noting 'data is the new oil.'

• Anthropic secured $8 billion in its Series E funding round on April 9, 2026, led by Lightspeed Venture Partners with participation from US-based investors including Amazon and Google. • The funds will accelerate development of Claude 4 AI models and expand enterprise AI infrastructure in US data centers. • This round values Anthropic at $61.5 billion post-money, solidifying its position as a leading US AI challenger to OpenAI amid intensifying competition.

• Blackstone closed a $10 billion opportunistic private credit fund on April 8, 2026, reaching its hard cap target despite ongoing capital outflows in the sector. • The fund's successful close highlights Blackstone's strength in private credit as investors remain cautious due to market volatility and higher interest rates. • This deal underscores the resilience of top alternative asset managers in attracting institutional capital amid broader private credit struggles.

• Shield AI, a U.S.-based developer of autonomous pilot platforms, secured $1.5 billion in Series G funding as part of a $2.25 billion capital package on April 4, 2026. • The round values the company at $12.7 billion, a 140% increase in one year, with its Hivemind platform selected by the U.S. military for defense applications. • This funding underscores surging investor confidence in AI-driven defense tech amid rising geopolitical tensions.

• Blue Owl Capital investors requested $5.4 billion in redemptions from two private credit funds amid accelerating outflows in the financial services sector. • The fund manager reversed its policy by capping redemptions at 5% to manage liquidity pressures effectively. • This development highlights rising concerns over private credit market stability amid broader economic uncertainties.

• Trump's One Big Beautiful Bill Act has darkened the outlook for approximately 17,000 federally-funded health clinics across the United States, which collectively stand to lose $32 billion in government support. • The policy represents a significant threat to community health infrastructure that serves vulnerable populations, though specific implementation details and timeline remain under review. • Federal health clinics provide essential services including primary care, preventive services, and treatment for underinsured and uninsured Americans in underserved communities.

• Shield AI, a San Diego-based defense tech firm, raised new funding that more than doubled its valuation to $12.7 billion on March 27, 2026. • The company projects revenue exceeding $540 million this year, driven by its Hivemind autonomy software used in drones and fighter-jet programs. • This funding underscores growing investor confidence in AI-powered military autonomy amid rising defense tech demand in the US.

• Congress rejected Trump administration's $18 billion NIH budget cut proposal, providing stability for 2026 grantees at institutions like University of Wisconsin-Madison. • Delays in grant reviews and dispersal have stalled projects, hiring, and caused anxiety, with NIH months behind schedule as of March 26, 2026. • Vice Chancellor Dorota Brzezinska noted core funding protection but ongoing uncertainty impacts lab operations and future awards before September 30 deadline.

• On March 20, 2026, Defense Secretary Pete Hegseth confirmed the Pentagon's request for $200 billion in extra funding, stating 'it takes money to kill bad guys'. • The request supports ongoing U.S. offensives, including jet patrols and helicopter strikes against Iranian forces in key waterways. • Funding comes amid surging oil prices from Iranian attacks on facilities, prompting Treasury Secretary Scott Bessent to propose lifting sanctions on Iranian oil.

• The Pentagon is requesting more than $200 billion in additional funding from Congress to sustain the US-Israeli military campaign against Iran, which has been ongoing for approximately three weeks with thousands of strikes. • The funding request aims to urgently increase production of weapons that have been heavily expended during the intensive air campaign, according to the Washington Post. • Lawmakers from both parties are demanding detailed justification before approving the massive expenditure, with some questioning why the administration is requesting such funds if the conflict is expected to end soon.

• Advanced Machine Intelligence raised over $1 billion in a major funding round on March 16, 2026, targeting AI systems specialized in reasoning, planning, and world models. • Investors are shifting capital toward alternative AI architectures beyond traditional large language models, prioritizing deep tech with strategic advantages. • This deal highlights the growing emphasis on startups with access to computational power and proprietary data in the US venture market.