Sources: self-driving simulation software maker Applied Intuition has received investment offers that would value it at 30B+, up from 15B in June (Stephanie Palazzolo/The Information)

Stephanie Palazzolo / The Information: Sources: self-driving simulation software maker Applied Intuition has received investment offers that would value it at 30B+, up from 15B in June — For the last three years, AI labs like OpenAI, Anthropic and xAI have sucked up a lot of investor attention—as well as nosebleed valuations.

Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale (Abhirup Roy/Reuters)
Filings: Caterpillar acquires self-driving electric tractor startup Monarch Tractor's assets, after it raised $200M+ and struggled to pivot to software services (Sean O'Kane/TechCrunch)
Sources: ElevenLabs held early talks with investors on a secondary share sale for staff that would value the startup at ~22B; it was valued at 11B in February (Bloomberg)
Sources: Crusoe is in active talks to raise ~3B in a funding round expected to value the company in the ~30B range, up from a ~$10B valuation in October (Bloomberg)

Source: Techmeme | 2026-10-13

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