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# Evening Scan
- URL: https://adjacent.media/scan/2026-05-15-pm/
- Published: 2026-05-15T23:08:46.000Z
- Updated: 2026-05-15T23:08:46.000Z
- Description: Anthropic’s $900B valuation, confirmed as terms were agreed on a $30B raise, was the day’s largest number. Figma and Kioxia both posted results showing the AI buildout extends across a wide supply chain.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

Anthropic's $900B valuation, confirmed as terms were agreed on a $30B raise, was the day's largest number. Figma and Kioxia both posted results showing the AI buildout extends across a wide supply chain.

> **$333.4M** — Figma's Q1 revenue, against a $313.2M estimate — the beat is almost as notable as the growth rate.

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#### [Anthropic Closes Terms on $30B Round at $900B Valuation](https://www.ft.com/content/9deae3c6-716d-4f4d-8b09-434d8519f847?ref=adjacent.media)

Sequoia, Dragoneer, Greenoaks, and Altimeter are co-leading a round for a company that still hasn't shipped a consumer product most people use daily. *(Financial Times)*

#### [Kioxia Reports Record Earnings, Plans U.S. Listing](https://www.bloomberg.com/news/articles/2026-05-15/kioxia-prepares-us-listing-after-riding-ai-boom-to-record-profit?ref=adjacent.media)

The Japanese flash storage maker is forecasting \~$8.2B in Q1 operating profit and is up 300% YTD — one of the AI trade's largest gainers. *(Bloomberg)*

#### [Bill Ackman Takes New Stake in Microsoft](https://www.bloomberg.com/news/articles/2026-05-15/pershing-square-has-taken-new-stake-in-microsoft-ackman-says?ref=adjacent.media)

Size to be disclosed in a 13F filing, but Ackman's public framing — that investors have underestimated Microsoft — reads less like commentary and more like a thesis for buying on weakness. *(Bloomberg)*