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Krystal Hu

Reporter · MY

Indexed articles, last 90 days
6
Latest publication
Sep 29, 2026
Outlet visibility, for Thestar
Top 5K sites
Earliest in this view
Sep 11, 2026

Latest articles

  1. Article · Sep 29, 2026 · Krystal Hu

    OpenAI's annualized recurring revenue nears $70 billion, source says (opens the original)

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    Sept 29 (Reuters) - OpenAI's annualized recurring revenue is approaching $70 billion, driven by a ⁠more than twofold increase in enterprise sales since July, a source familiar ‌with the matter told Reuters on Tuesday. The startup's annualized revenue run rate has risen by more than 70% since the beginning of the third quarter in July, the source said, declining to be named ​as the matter was private. OpenAI generated more consumer revenue ⁠in the third quarter than ⁠in all of last year, accordin

  2. Article · Sep 29, 2026 · By Krystal Hu and Jaspreet Singh

    OpenAI's annualized recurring revenue nears $70 billion, source says - AOL (opens the original)

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    Sept 29 (Reuters) - OpenAI's annualized recurring revenue is approaching $70 billion, driven by a more than twofold increase in enterprise sales since July, a source familiar with the matter told Reuters on Tuesday. The startup's annualized revenue run rate has risen by more than 70% since the beginning of the third quarter in July, the source said, declining to be named as the matter was private. OpenAI generated more consumer revenue in the third quarter than in all of last year, according to

  3. Article · Sep 28, 2026 · Krystal Hu

    Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets (opens the original)

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    Sept 28 (Reuters) - Seligman Investments has ⁠doubled thedeployable capital of its venture armto $1 billion less than a year after launching it, betting that the ⁠physical bottlenecks of the artificial intelligencebuildout will produce the next wave of large technology companies, its executives ‌told Reuters. Seligman Ventures, the private investment arm of the Silicon Valley-based technology investor, launched in February 2026 with $500 million and has since invested over $300 million across 14

  4. Article · Sep 22, 2026 · Krystal Hu

    Exclusive-Snorkel AI valued at $3.5 billion amid surging demand for complex AI training data (opens the original)

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    Sept 22 (Reuters) - Data startup Snorkel AI ⁠has raised $350 million in fresh funding at a $3.5 billion valuation, its CEO Alex Ratner told Reuters, as booming ⁠demand from frontier AI labs for increasingly complex training data and simulated environments fuels rapid growth. Led by ‌Insight Partners and S32, the funding round included participation from existing investors Addition, Greylock and Wells Fargo, the company said. The deal values the company at nearly three times the $1.3 billion valu

  5. Article · Sep 12, 2026 · Krystal Hu

    Exclusive-Nvidia in talks to invest in Anthropic’s mega IPO, sources say (opens the original)

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    Sept 11 (Reuters) - Anthropic ⁠is in talks to bring Nvidia as an anchor investor into what could be the largest IPO in history, two ⁠people familiar with the matter told Reuters. Anthropic is seeking to raise as much as $100 billion that could value the ‌artificial intelligence startup at around $2 trillion, the people said. Nvidia is considering investing up to $10 billion in the IPO, one of the sources added. The plans remain under discussion and could change, they cautioned, requesting anonym

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