Temporal in Talks for $500M Round at $12B Valuation — SkimNews

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- Temporal Technologies is in talks to raise approximately $500M at a $12B+ valuation, according to Bloomberg sources
- Temporal previously closed a $300M round in February at a $5B valuation, meaning the new round would roughly 2.4x its price tag in a matter of months
Why it matters: A jump from $5B to $12B+ in months signals extraordinary investor appetite for AI-adjacent infrastructure plays; even an unconfirmed round at this size would rank among the year's steepest markup for a developer tools company.
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