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Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing capacity to train and run…
Fermi co-founder and CEO Toby Neugebauer and CFO Miles Everson have suddenly departed the AI nuclear power firm, sending shares down 22% on Monday. The company said Neugebauer has stepped down as chairman, although he still remains on the board. Lead Independent Board Director Marius Haas has stepped into the role of chairman, the company…
Surveillance and analytics company Palantir recently posted what it called a “brief” 22-point summary of CEO Alex Karp’s book “The Technological Republic.” Written by Karp and Palantir’s head of corporate affairs, Nicholas Zamiska, “The Technological Republic” was published last year and described by its authors as “the beginnings of the articulation of the theory” behind…
In a recent episode of “No Priors” — the excellent podcast co-hosted by AI investors Sarah Guo and Elad Gil — Gil made a point about exit timing that’s undoubtedly familiar to founders who’ve spent time with him but seems particularly useful in this moment of go-go dealmaking. For most companies, Gil said, there’s roughly…
OpenAI has been all over the news recently, whether that news is about acquisitions, competition with Anthropic, or bigger debates about AI’s impact on society. On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I did our best to round up all the latest OpenAI news. While the company’s latest acquisitions…
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! A few weeks ago, I wrote about how Uber seemed to be everywhere, all at once in…
Anthropic announced on Friday that it’s launching Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude. The company says Claude Design is intended to help people like founders and product managers without a design background share their ideas more easily. With Claude Design, users describe…
Tesla is expanding its robotaxi service to Dallas and Houston, according to a social media post from the company. The post says simply that “Robotaxi is now rolling out in Dallas & Houston 🤠” and includes a 14-second video showing Tesla vehicles driving without human monitors or drivers in the front seat. The company now…
Cerebras Systems, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public. The company previously filed for an initial public offering in 2024, but that was delayed due to a federal review of an investment from Abu Dhabi-based G42 and was ultimately withdrawn….
Despite recently being designated a supply-chain risk by the Pentagon, Anthropic is still talking to high-level members of the Trump administration. There were earlier signs of a thawing relationship — or a sense that not every part of the administration wanted to cut off Anthropic — with reports saying that Treasury Secretary Scott Bessent and…