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Private investors have been falling over themselves to get a piece of Anthropic, given the AI model maker is growing at a dizzying pace. Multiple investors told TechCrunch that the company’s $65 billion fundraise at a $965 billion valuation, announced last week, was greatly oversubscribed. Now, with that private demand still strong, Anthropic has revealed…
The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American…
Anthropic announced Monday it has acquired Stainless, a startup founded by former Stripe engineer Alex Rattray whose software is widely used by rival AI labs, including OpenAI and Google. Anthropic didn’t disclose terms of the deal. However, The Information reported last week that the company was in talks to acquire Stainless, which is backed by…
Drug discovery is one of the most expensive failures in modern industry. Finding a single viable molecule can take a decade and cost billions, and most candidates still don’t make it. A generation of AI startups has promised to fix that — most have made the problem less painful for researchers who are already technically…
Codex is going mobile. The coding tool — which OpenAI launched approximately a year ago — has now been integrated into the ChatGPT app, allowing users to monitor and manage their development workflows remotely. The new function allows users to see their Codex live environments in any devices where it is running. The company announced…
With the tech industry singularly focused on AI models, Anthropic is having an exceptionally good year. The company may soon pull ahead of its main competitor, as it looks to raise tens of billions of dollars in a funding round that would put its valuation at some $950 billion (OpenAI was valued at $854 billion…
Google and SpaceX are in talks to launch orbital data centers in space, reports The Wall Street Journal, citing sources familiar with the matter. The potential deal comes as SpaceX gears up for its $1.75 trillion IPO later this year, selling investors on the idea that data centers in space will be the cheapest place…
As investors scramble to get their hands on shares of AI companies of all stripes, Anthropic this week updated its website to warn investors that a slew of private and secondary investment platforms that offer access to shares in the AI company are not, in fact, allowed to do so. The company named Open Doors…
Fictional portrayals of artificial intelligence can have a real effect on AI models, according to Anthropic. Last year, the company said that during pre-release tests involving a fictional company, Claude Opus 4 would often try to blackmail engineers to avoid being replaced by another system. Anthropic later published research suggesting that models from other companies…
Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave. It has launched a venture called Next Frontier to buy up land near large power sources…