In the public markets today shares of AI darling arm holdings those are dropping today after the company forecasted weaker than expected revenue for its 2025 fiscal year

But in the private markets well money continues to flow into AI startups.

Dear D.

D. Leslie, that's right.

Cash continues to be flushed for the right kind of private company, yes typically in generative AI.

A couple of reports pointing to new fundraising deals for Elon Musk's X AI and French AI startup

Mistral.

Earlier this week week Cloud Cybersecurity

startup Wiz announced its latest round and these deals are massive by any

standards. Bloomberg reports that X-AIs could be worth $6 billion at an $18 billion valuation.

Mistral could triple its valuation to $6 billion, and Wiz raised a billion dollars at a $12 billion valuation.

A lot of bees there. It hasn't been all up into the right though.

Some signs of softness have emerged this year, particularly in generative AI. Inflection

AI, you might recall, raised over a billion dollars, then saw its founder,

Mustafa Solomon and most of his staff go to Microsoft, other early Gen AI darlings like

Tome and Jasper.

They've done layoffs.

Ex-A-I, though, in a category of its own with Musk leading this startup, even investors that have lost

money on his other venture X. They're willing to put more money into another.

Sequoia reportedly one of them though they would not comment.

Mistral, interesting for another reason.

It's seen as a serious challenger to the models that our mega caps are building, but its mission to find more efficient ways to build and

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