Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.

Mirror Particle will launch at TechCrunch Disrupt's Startup Battlefield 200 with a world model built from scratch to predict human behavior, arguing that LLM role-play falls short for market research and brand strategy.