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Temporal Technologies closes a $550 million Series E round at a $12.55 billion valuation, co-led by Lightspeed and Wellington Management. Its open-source platform records workflow progress and resumes interrupted tasks, while Temporal Cloud manages orchestration for customers’ infrastructure. The company says annualized revenue is above $250 million after more than tripling over the past year, its customer count is up 139%, and Temporal Cloud has more than 4,300 paying users, including Nvidia and OpenAI.

Sep 2026 · SiliconAngleNews article

Temporal raises $550 million in a Series E round at a $12.55 billion valuation, led by Lightspeed with co-leads Wellington Management, Goldman Sachs Alternatives, and Tiger Global. The Bellevue-based infrastructure company reports an annualized revenue run rate above $250 million, growing more than 200% year over year, and says customers including OpenAI, NVIDIA, Netflix, and JPMorgan Chase use its durable-execution engine. Temporal plans to invest in platform research and development, go-to-market teams, and global cloud operations.

Sep 2026 · GeekWireNews article

Etched raises another $700 million at a $21 billion valuation in a round led by Jane Street, which tested and bought its AI hardware. The startup sells full systems called “frontier inference clusters” and says its new prefill chips, cluster-scale memory, and interconnects speed up inference while reducing costs. Etched says its systems can run any frontier model, and Jane Street says it has installed a rack in its data center after early testing.

Aug 2026 · TechCrunchNews article

Benchmark invests at least $225 million in Cerebras Systems’ $1 billion financing through two specially formed Benchmark Infrastructure vehicles, according to a person familiar with the deal. Benchmark first backed Cerebras in 2016, leading its $27 million Series A, and declines to comment on the latest investment. Led by Tiger Global, the round values the AI chipmaker at $23 billion.

Feb 2026 · TechCrunchNews article