Startup funding rounds, valuation milestones, and venture capital market activity.
Who Stands to Gain From an Anthropic I.P.O.
Anthropic's path toward a potential initial public offering would create substantial winners across Wall Street and the technology sector. The artific…
In Anthropic I.P.O., Goldman and Morgan Stanley Slug It Out for Top Bank
Anthropic has selected Goldman Sachs and Morgan Stanley as joint lead underwriters for its initial public offering, a decision that awards both firms …
What’s Riding on Anthropic Going Public? Nearly Everything.
Anthropic's path to a public listing represents far more than a single AI company's entry into capital markets. The startup has woven itself into the …
SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Elon Musk announced that SpaceX closed a $40 billion debt financing round specifically earmarked for purchasing graphics processing units (GPUs), sign…
Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Marc Lore's Wonder is positioning itself for public markets by doubling down on three operational pillars: Texas expansion, kitchen automation, and a …
SpaceX Swings to a Profit, as A.I. Business Grows
Elon Musk's SpaceX has returned to profitability as revenue surged across its core business lines, driven by explosive growth in Starlink satellite in…
Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC
Anthropic, the AI safety startup behind Claude, is negotiating a second multibillion-dollar infrastructure deal with Nscale, a cloud computing operato…
'Everyone laughed' when he started a pumpkin farm—now it brings in $2 million a year
Kelly Schultz purchased a failing pumpkin farm in 1996 with minimal resources and no agricultural experience. Today his operation generates $2 million…
Anthropic's third-quarter revenue is said to hit $16.8 billion ahead of IPO
Anthropic projects third-quarter revenue of $16.8 billion, positioning the artificial intelligence startup for a substantial public market debut. The …
Anthropic to disclose new revenue numbers as AI lab financials become central to tech trade
Anthropic plans to disclose updated financial metrics to investors convening at its San Francisco headquarters this week, marking a rare public-facing…
AI’s quiet safety gatekeepers are stepping into the spotlight
# AI's Quiet Safety Gatekeepers Step Into the Spotlight A small cohort of third-party evaluators is rapidly gaining influence over one of the world's…
Pokémon card values are soaring. What collectors should know before buying or selling
Pokémon trading card values have entered a new bull market, driven by a combination of nostalgia-fueled demand, limited supply, and speculative buying…
Nvidia-backed Aussie AI firm Firmus withdraws historic IPO, citing market volatility
Firmus, an Australian artificial intelligence data center operator backed by Nvidia, has pulled its initial public offering from the market. The compa…
A New Open-Weight Challenger to Anthropic, Reflection, Emerges
Reflection AI launched an open-weight large language model designed to challenge both Chinese AI competitors and established U.S. players like Anthrop…
Anthropic expands Claude Startups program in bid to snag founders and fast-growing companies
Anthropic has broadened its Claude Startups program to attract founders and fast-growing companies, signaling the AI safety company's strategy to lock…
Novig credits Sydney Sweeney-backed campaign for platform’s surge in growth
Novig, a sports-focused trading platform, saw a sharp uptick in user growth and trading activity following its "Just Sports" campaign featuring actres…
Anthropic to invest $100 million to train AI engineer talent
Anthropic, the AI safety-focused startup behind Claude, commits $100 million to develop engineering talent across the sector. The San Francisco compan…
FTC is investigating OpenAI, Anthropic and other AI companies over product risks
The Federal Trade Commission launched a formal investigation into OpenAI, Anthropic, and other artificial intelligence companies, examining whether th…
Google Wants Hollywood to Stop Being So Afraid of Technology
Google is making a strategic push into Hollywood entertainment production through a new venture called 100 Zeros, a partnership with Range Media Partn…
OpenAI abandons plan to release upcoming model as safety concerns escalate
OpenAI has shelved plans to release an upcoming artificial intelligence model, citing escalating safety concerns that align with renewed industry pres…
SpaceX launches its massive Starship rocket into orbit for the first time
SpaceX achieved a major milestone on Monday with the first orbital test flight of Starship, the world's most powerful rocket system developed under El…
SpaceX prepares to send Starship rocket to orbit for first time
SpaceX stands at the threshold of a transformative moment in commercial spaceflight. The company plans to conduct the first integrated flight test of …
Job Titles Are Out. Now We’re All ‘Members of the Technical Staff.’
The flattening of corporate hierarchies has reached the artificial intelligence sector, where traditional job titles are disappearing in favor of a si…
CEO who posted 'Lake America' sweatshirt photos is no longer with the company
Debbi Smith, CEO of Benson Hill, stepped down from her role following backlash over social media posts featuring "Lake America" branded merchandise. T…
Altman and Amodei expected to join UN Security Council meeting about AI
Sam Altman and Dario Amodei, the leaders of OpenAI and Anthropic respectively, are expected to participate in a UN Security Council meeting focused on…
Anthropic selects Accenture as first embedded evaluator to help implement Amodei's slowdown proposal
Anthropic appointed Accenture as its inaugural embedded evaluator to support implementation of Dario Amodei's proposed AI development slowdown. The mo…
AI cloud provider Nscale files to go public
Nscale, an AI-focused cloud infrastructure provider, has filed to go public, joining a wave of specialized cloud companies seeking capital in a market…
Anthropic Pursues IPO Despite Its A.I. Safety Warnings
Anthropic, the artificial intelligence startup founded by former OpenAI executives Dario Amodei and Daniela Amodei, is preparing for an initial public…
Anthropic shares 3 metrics to help AI companies monitor pace of development
Anthropic, the AI safety-focused startup behind Claude, has released three internal metrics designed to help artificial intelligence companies track t…
OpenAI investors have approached the company about a new funding round
OpenAI's path to public markets accelerated this week as investors began approaching the artificial intelligence company about a new funding round ahe…
Outkick Moves Past Its Clay Travis Era
Fox Sports Digital has restructured Outkick, the sports commentary site it acquired in 2021, following founder Clay Travis's departure from the platfo…
OpenAI Considers New Financing at a $1.5 Trillion Valuation
OpenAI is exploring a financing round that would value the artificial intelligence company at $1.5 trillion, a figure that would double its current va…
Anthropic walks tightrope to Nasdaq, pushing for a slowdown while pursuing $2 trillion valuation
Anthropic, the artificial intelligence startup founded by former OpenAI researchers, faces a paradox as it prepares for what could become a landmark N…
Anthropic's Amodei says China presents 'toughest dilemma' for his proposed AI slowdown
Dario Amodei, CEO of Anthropic, has ignited a debate about AI governance by proposing a coordinated global slowdown in artificial intelligence develop…
Inside the $440 Million Collapse of Guidepost Montessori
# Inside the $440 Million Collapse of Guidepost Montessori A venture-backed education startup that promised to transform American preschool through s…
Anthropic's Amodei proposes plan to 'slow the pace' of advancing AI capabilities
Anthropic co-founder Dario Amodei is proposing a deliberate deceleration of artificial intelligence capability advancement, marking a significant pivo…
Experts weigh in as researcher says AI has more than 10% chance of 'killing all humans'
A researcher has ignited a debate about artificial intelligence safety by claiming that AI systems carry a greater than 10% probability of causing hum…
SpaceX rival launches rocket in historic first, says industry is 'desperate' for more
Isar Aerospace successfully reached orbit on its second test flight, marking a turning point for the German rocket startup in a landscape hungry for l…
Data centers in space: Four big obstacles and Elon Musk's ambitious timeline
# Data Centers in Space Face Steep Technical and Economic Hurdles, Despite Musk's Timeline Elon Musk has positioned SpaceX's Starlink satellite const…
Kenyans Made a Living Writing College Essays. Then A.I. Arrived.
# AI Reshapes Global Gig Work: Kenya's Essay-Writing Economy Faces Extinction Artificial intelligence has obliterated an entire category of remote wo…
OpenAI's ad business shows blistering growth, hits $1 billion annualized revenue run rate
OpenAI has achieved a $1 billion annualized revenue run rate from its advertising business, demonstrating rapid monetization of its flagship ChatGPT p…
U.S. Start-Up and Saudi Arabia Form Data Center Partnership
Together AI, a startup specializing in open-source artificial intelligence infrastructure, has forged a partnership with Humain, a Saudi Arabian compu…
Help Wanted: ‘Forward-Deployed’ Humans for the A.I. Era
Start-ups building artificial intelligence tools are rebranding customer support roles as "forward-deployed" positions, borrowing military terminology…
OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access
OpenAI is inserting advertisements into ChatGPT for free users and subscribers paying 399 rupees monthly (approximately $4) on its "Go" plan tier in I…
The U.S. Start-Up Making Low-Cost Interceptors for the Iran War
Powerus, a Florida-based defense startup, has emerged as a manufacturer of low-cost drone interceptor technology amid escalating Middle Eastern confli…