2026-05-18  ·  Daily Dashboard
Q1 AI Funding
$255.5B
+4× vs full-year 2025
SpaceX IPO Valuation
$1.75T
Targeting $75B raise · Jun 12
Anthropic Valuation
$900B
Targeting October IPO
Recursive AI Funding
$650M
At $4.65B valuation
AI & Tech

Anthropic Claims SpaceX's Colossus 1 — 300+ MW of Compute Power

Anthropic signed an exclusive deal for all compute capacity at SpaceX's Colossus 1 data center in Memphis. The company also expressed interest in multi-gigawatt orbital AI compute partnerships. At the "Code with Claude" conference, Anthropic unveiled "dreaming," outcomes tracking, and multi-agent orchestration for Claude Managed Agents — plus doubled Claude Code limits for Pro/Max. PwC is rolling out Claude Code to hundreds of thousands of professionals globally.

300+
MW Capacity
80×
Growth Target
Orbital Interest
Business

2026 IPO Supercycle: $255.5B Q1 Beats All of 2025

AI venture funding hit $255.5B in Q1 2026 alone — already exceeding the $254.4B deployed throughout all of 2025. Horizontal AI platforms captured $197B across 396 deals, driven by mega-rounds. The IPO pipeline is historic: SpaceX targeting June 12 at $1.75T (largest in history), Anthropic targeting $900B in October, and OpenAI eyeing Q4 2026. Combined, these three could dwarf the $28.4B already raised in US IPOs YTD.

Q1 2026
$255.5B
Full 2025
$254.4B
Q4 2025
$63.9B
AI Research

Recursive Superintelligence

$4.65B
Valuation

Richard Socher (former Salesforce chief scientist) launched Recursive Superintelligence with $650M funding. Co-founders include ex-Meta FAIR director Yuandong Tian, ex-DeepMind's Tim Rocktaschel, and Vision Transformer author Alexey Dosovitskiy. The core thesis: AI that autonomously identifies its own limitations and redesigns its architecture without human involvement.

FOUNDING ROSTER
· Yuandong Tian — ex-Meta FAIR Director
· Tim Rocktaschel — ex-Google DeepMind
· Alexey Dosovitskiy — ViT Author
· 5 more co-founders
Agents

Coding Agent Wars

A remarkable 12-day barrage from Chinese labs — four models at roughly equivalent agentic capability at meaningfully lower inference cost:

Z.ai GLM-5.1 12-day window
MiniMax M2.7 self-evolving
Moonshot Kimi K2.6 12-day window
DeepSeek V4-Pro 12-day window
OpenAI反击: Codex now live in ChatGPT iOS app across all plans
Geopolitics

Transatlantic AI Splits

$20B
Cohere + Aleph Alpha merger

Cohere (Canada) and Aleph Alpha (Germany) merged at a $20B valuation, backed by $600M from Schwarz Group (European retail giant). The strategic goal: provide data-sovereign AI for European governments and enterprises as EU regulations tighten — an alternative to US hyperscalers.

European institutions seeking non-US AI providers for regulatory sovereignty

2026 AI IPO Pipeline

0%
of 2025
Q1 2026: $255.5B
Full 2025: $254.4B
SpaceX: $1.75T val
Anthropic: $900B
VALUATIONS VS. PRIOR ROUNDS
SpaceX
$1.75T
Anthropic
$900B
OpenAI
$700B

Key Dates Ahead

SpaceX IPO — $75B raise at $1.75T valuation
June 12, 2026
Anthropic IPO — Targeting $900B valuation, $30B raise
October 2026
OpenAI IPO — Targeting Q4 2026 despite CFO readiness concerns
Q4 2026
Recursive Superintelligence — First AI-that-improves-AI systems targeted
2026–2027
Cerebras IPO — Already live, stock +68% day one ($5.6B raised)
May 2026 — DONE

Market Snapshot

Q1 AI Funding
$255.5B
vs Full 2025
+100%
Horizontal AI Platforms
$197B
Autonomous Machines
$29B
Median Pre-Money Val.
$69.9M
VG Median Valuation
$868.4M
SpaceX Target
$1.75T
US IPOs YTD
$28.4B
Cohere+Aleph Alpha
$20B
Recursive AI Val.
$4.65B