Applied Compute Raises $350M at $3.25B Valuation After $100M Run Rate
Applied Compute raised $350 million at a $3.25 billion valuation, led by Elad Gil, after reaching a $100 million revenue run rate in under 18 months.
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News Desk
The PFM Today Newsroom tracks developments across startups, AI, design, business and more. Stories are researched from primary sources and reputable outlets, written with AI assistance, and reviewed against our editorial policy before publishing.
Applied Compute raised $350 million at a $3.25 billion valuation, led by Elad Gil, after reaching a $100 million revenue run rate in under 18 months.
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Five9 agreed on November 5, 2026 to buy Level AI for $325 million in cash, adding AI agents and conversation models to its customer service platform.
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NASA's first MAX POWER aerospace expo runs November 6–8, 2026 at Kennedy Space Center, with the X-59, the Artemis III crew and a Moon Base news conference.
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Adobe MAX 2026 runs November 10–12 in Miami Beach. Here are the keynote times, Sneaks, the AI tools already announced and how to watch online.
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Figma's Q3 2026 revenue rose 43% to $391.4 million and it raised full-year guidance by $33 million, as AI credits and the Figma agent drove spending.
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Dezeen readers picked 49 public vote winners across architecture, interiors and design for 2026. See the design winners and when the main awards are revealed.
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From hydrogen launchers to gut organoids, here are all 20 Startup Battlefield companies at Disrupt 2026, grouped by track, plus the five finalists.
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Gut-organoid startup Intero Biosystems won the 2026 Startup Battlefield and its $100,000 prize at Disrupt 2026, with scam-fighting AI startup Apate as runner-up.
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Blue Origin has revealed a new third stage, GS3, and a more powerful Northstar first-stage engine for New Glenn. Here are the specs and what they mean.
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Astronauts Joshua Kutryk and Anil Menon installed the eighth and final IROSA solar array on November 5, 2026, completing a five-year ISS power upgrade.
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Ahold Delhaize says an October cyber incident will cut Q4 sales by €200–250 million, as US online sales grew 14.2% in Q3 2026. Here's the full picture.
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NASA's Swift gamma-ray observatory burned up over Indonesia on November 4, 2026, after a $30 million rescue mission failed. Here's what it achieved.
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DoorDash has agreed to acquire Instacart for about $17 billion, or $65 a share. Here's what changes for shoppers, grocers and the delivery market.
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Coupang's Q3 2026 revenue hit a record $9.96 billion, but a July warehouse fire pushed it to a $501 million net loss. Here are the numbers and outlook.
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Chicago data startup Ocient has raised a $100 million Series C co-led by BOKA Capital and OCA Ventures to grow its OcientAIQ platform for huge datasets.
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AI inference startup fal has raised $1.3 billion led by Bessemer at a $16 billion valuation, double its April price. Here's what the company does and why it matters.
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Amazon's new Shop Direct Merchant Workspace lets outside stores list products free on Amazon and Alexa for Shopping. Here's how it works for merchants.
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Airbnb says its AI travel agent will launch in the first half of 2027, with a visual interface instead of a chatbot. Here's what it will do and why.
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Lenovo will hold its CES 2027 keynote at Las Vegas's Sphere on January 6, with CEO Yuanqing Yang presenting its hybrid AI vision at Tech World @ CES.
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Shopify's Q3 2026 revenue rose 32% to $3.74 billion and GMV hit $119 billion, as AI-driven traffic to stores grew 2.6x. Here's why shares still fell.
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Uber says only four rides and about 500 Uber Eats orders came through AI agents in its busiest October week. Here's what that says about agentic commerce.
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DraftKings lowered its 2026 revenue forecast to $6.35–$6.55 billion after Q3 sales of $1.33 billion missed estimates. Here's what it means.
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Waymo co-CEO Tekedra Mawakana will keynote CES 2027 on January 5, outlining the robotaxi company's safety approach and international expansion plans.
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Disrupt 2026 opened October 13 with Rivian's RJ Scaringe, Cerebras CEO Andrew Feldman, fusion founders and agentic AI panels. Here is what was on stage.
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Arm Holdings posted record fiscal Q2 2027 revenue of $1.44 billion, up 27%, as data-centre royalties doubled. Here are the results and outlook.
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Stellantis CEO Antonio Filosa will deliver the first CES 2027 keynote on January 6, unveiling new vehicles and software as CES hosts its largest mobility show.
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Greenfield Partners revealed its AI Disruptors 60 Class of 2026 at Disrupt on October 14. Here are the startups named, the 15 Pioneers and why it matters.
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AppLovin's Q3 2026 revenue rose 55% to $2.18 billion and net income climbed 72%, beating forecasts. Here are the numbers, guidance and buyback.
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AWS re:Invent 2026 runs November 30 to December 4 in Las Vegas, with Matt Garman's CEO keynote on December 1. Here is the schedule and what has changed.
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Qualcomm's fiscal Q4 2026 revenue fell 8% to $10.32 billion as handset chip sales dropped 26%. Here are the numbers, guidance and why shares slid.
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