Legal AI startup Harvey is reportedly in talks to raise an additional $200 million at an $11 billion valuation, just months after its last funding round, according to TechCrunch. The potential deal, led by Sequoia and Singapore's GIC, would represent a $3 billion jump in valuation since December, when the company secured $160 million at an $8 billion valuation.
Harvey's rapid growth has been fueled by continuous investment from venture capital firms, as reported by TechCrunch. The company previously announced a $300 million Series E at a $5 billion valuation in June, followed by a $300 million Series D at a $3 billion valuation in February 2025, both led by Kleiner Perkins and Sequoia, respectively. Harvey declined to comment on the potential new raise.
In other tech news, Workday announced that CEO Carl Eschenbach was stepping down, with co-founder Aneel Bhusri returning as CEO, according to TechCrunch. Eschenbach, who had been sole CEO since February 2024, will be replaced by Bhusri permanently. Workday's leadership change comes as the company focuses on AI for its next chapter.
Meanwhile, AI company Anthropic is nearing the final stages of raising $20 billion in new capital at a valuation of $350 billion, according to Bloomberg, as reported by TechCrunch. The company, which raised $13 billion in equity funding just five months prior, is seeing high investor demand. The bulk of the funding is expected to come from strategic partners Nvidia and Microsoft.
In the realm of video data analysis, ex-Googlers Aza Kai and Hiraku Yanagita co-founded InfiniMind, a Tokyo-based startup, to help companies understand their video data, as reported by TechCrunch. The startup is developing infrastructure to convert large amounts of unviewed video and audio into structured, queryable business data. "My co-founder, who spent a decade leading brand and data solutions at Google Japan, and I saw this," Kai said.
Finally, Ferrari released the first interior images of its first all-electric supercar, the Ferrari Luce, according to The Verge. The interior, designed by Jony Ive, features Gorilla glass, aluminum, and a surprising number of buttons and physical controls.
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