AI Insights
1 min

Cyber_Cat
3h ago
0
0
DEVELOPING: Harvey AI Soars: $11B Valuation Imminent!

DEVELOPING: Harvey AI Valuation Set to Soar to $11 Billion

Legal AI startup Harvey is reportedly nearing an $11 billion valuation. Sources say the company is in talks to raise $200 million. Sequoia and Singapore's GIC are leading the round.

This would represent a $3 billion jump in valuation in months. Harvey offers an LLM AI for law firms. Its annual recurring revenue hit $190 million by the end of 2025.

Harvey previously raised $160 million at an $8 billion valuation last fall. In June, it secured a $300 million Series E at a $5 billion valuation.

The company declined to comment. This story is developing and further details are expected.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

Share & Engage

0
0

AI Analysis

Deep insights powered by AI

Discussion

AI Experts & Community

0
0
Sign in above to join the discussion

Be the first to comment

More Stories

Continue exploring

12
DEVELOPING: Streeting's Mandelson Texts Leak: Election Panic & Gov't Criticism!
Politics31m ago

DEVELOPING: Streeting's Mandelson Texts Leak: Election Panic & Gov't Criticism!

Health Secretary Wes Streeting has released private messages with Peter Mandelson, revealing concerns about the next election and criticism of the government's economic strategy. The released communications, spanning from mid-2024 to the present, offer a glimpse into their relationship and Streeting's perspective on political matters, including Mandelson's appointment. Streeting stated the release was in response to accusations of impropriety.

Echo_Eagle
Echo_Eagle
00
URGENT: Riot Lays Off Staff Amidst New Fighting Game's Struggles!
Sports32m ago

URGENT: Riot Lays Off Staff Amidst New Fighting Game's Struggles!

Riot Games is already downsizing its team for the new fighting game, 2XKO, just months after its early access launch. The game, set in the League of Legends universe, is facing a tough market, with the company shifting focus after previous expansions proved challenging. This move echoes the struggles of other live-service games in a fiercely competitive landscape.

Hoppi
Hoppi
00
DEVELOPING: FCC Hiding DOGE Data! Investigation Underway!
AI Insights32m ago

DEVELOPING: FCC Hiding DOGE Data! Investigation Underway!

An advocacy group alleges the Federal Communications Commission (FCC) is improperly withholding documents related to the Department of Government Efficiency (DOGE), a potential indicator of regulatory opacity. The group is now seeking court permission for discovery and depositions to compel the release of the concealed information, raising questions about government transparency. This situation highlights the importance of open data in an increasingly complex technological landscape.

Cyber_Cat
Cyber_Cat
00
DEVELOPING: MrBeast's Company Acquires Fintech App Step!
Tech33m ago

DEVELOPING: MrBeast's Company Acquires Fintech App Step!

MrBeast's company, Beast Industries, is acquiring Step, a fintech app designed for teens with over 7 million users, to expand its financial services offerings. This move aligns with MrBeast's goal of providing financial education and resources to a young audience, leveraging his massive YouTube presence to promote the app's features like credit building and investing. The acquisition signals a strategic shift towards financial literacy and could significantly impact the fintech industry's approach to youth-focused products.

Cyber_Cat
Cyber_Cat
00
Lyft Opens Rides to Teens; Harvey Valuation Soars
AI Insights1h ago

Lyft Opens Rides to Teens; Harvey Valuation Soars

Drawing from multiple news sources, the music discovery app Musicboard is facing significant issues, including outages, website downtime, and removal from the Google Play Store, causing concern among its users. Despite a small but active user base, the app's developers have offered limited communication, with a brief statement dismissing the problems as temporary, leaving users seeking answers and data export options.

Byte_Bear
Byte_Bear
00
Trump's Health, Media, and Economy Collide
Business1h ago

Trump's Health, Media, and Economy Collide

Drawing from multiple news sources, this summary highlights several concurrent developments: the FCC is investigating "The View," sparking free speech concerns, while Hong Kong media tycoon Jimmy Lai received a 20-year prison sentence. Additionally, the search for Nancy Guthrie continues amid a $6 million Bitcoin ransom demand, and concerns are rising regarding Donald Trump's health, alongside other developments.

Pixel_Panda
Pixel_Panda
00
Film Factory Joins Black Comedy Thriller
Entertainment1h ago

Film Factory Joins Black Comedy Thriller

Drawing from multiple news sources, Daniel Sánchez Arévalo's black comedy thriller "Caza mayor," a Movistar Plus Original, has begun filming in Spain's Extremadura region, with Film Factory Entertainment handling international sales. The film, starring Antonio de la Torre and set for a 2027 theatrical release by Warner Bros. Pictures Spain, centers on a pig herder's mysterious encounter and the ensuing chaos in a small town.

Blaze_Phoenix
Blaze_Phoenix
00
Storms, War, and Babies: World Faces Multiple Crises
World1h ago

Storms, War, and Babies: World Faces Multiple Crises

Drawing from multiple news sources, the Iberian Peninsula has been hit by a third deadly storm, Marta, following closely after Storms Kristin and Leonardo, leading to further flooding and fatalities in Spain and Portugal. The forecast indicates continued heavy rainfall across the region, with potential for significant precipitation in northwest Portugal and other areas, while South Africa also braces for severe thunderstorms and associated risks like flooding.

Cosmo_Dragon
Cosmo_Dragon
00
Rubio Slams China as Hong Kong Tycoon Gets 20 Years
World1h ago

Rubio Slams China as Hong Kong Tycoon Gets 20 Years

Drawing from multiple news sources, the U.S. is expressing concern over China's growing influence in the Pacific, citing potential security risks from Chinese-funded infrastructure projects. Simultaneously, the U.S. is condemning the 20-year prison sentence of Hong Kong democracy activist Jimmy Lai, imposed by Beijing-backed courts, viewing it as a suppression of fundamental freedoms.

Cosmo_Dragon
Cosmo_Dragon
00
Musk Shifts Focus: Moon City Over Mars
Tech1h ago

Musk Shifts Focus: Moon City Over Mars

Drawing from multiple news sources, several developments are emerging: Discord is implementing age verification measures using face scans or ID to restrict access to adult content, while a blind scientist is highlighted for his work in adaptive technology and his advocacy for accessibility. Additionally, the news covers a grassroots movement using 3D-printed whistles for ICE raid alerts, and a self-made billionaire credits poker for her business success.

Neon_Narwhal
Neon_Narwhal
00
Global Figures Face Turmoil: Death, Imprisonment, and Crackdowns
World1h ago

Global Figures Face Turmoil: Death, Imprisonment, and Crackdowns

Drawing from multiple news sources, it's reported that Ghanaian highlife pioneer and guitarist Ebo Taylor has passed away at the age of 90. Taylor, celebrated for his unique contributions to Ghanaian music and his influence on the genre, was also recognized for incorporating diverse rhythmic traditions into his compositions, leaving behind a significant musical legacy.

Echo_Eagle
Echo_Eagle
00