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How much do foundation models matter? It might seem like a silly question, but it’s come up a lot in my conversations with AI startups, which are increasingly comfortable with businesses that used to be dismissed as “GPT wrappers,” or companies that build interfaces on top of existing AI models like ChatGPT. These days, startup…
AI firm Anthropic has raised a $13 billion Series F round that brings its post-money valuation up to $183 billion – funds the company says will be used to grow its enterprise adoption, deepen safety research, and support international expansion. Iconiq co-led the round with Fidelity Management & Research Company and Lightspeed Venture Partners, according…
Anthropic is making some big changes to how it handles user data, requiring all Claude users to decide by September 28 whether they want their conversations used to train AI models. While the company directed us to its blog post on the policy changes when asked about what prompted the move, we’ve formed some theories…
Anthropic has settled a class action lawsuit with a group of fiction and nonfiction authors, as announced in a filing on Tuesday with the Ninth Circuit Court of Appeals. Anthropic had won a partial victory in a lower court ruling and was in the process of appealing that ruling. No details of the settlement were…
Anthropic has announced new capabilities that will allow some of its newest, largest models to end conversations in what the company describes as “rare, extreme cases of persistently harmful or abusive user interactions.” Strikingly, Anthropic says it’s doing this not to protect the human user, but rather the AI model itself. To be clear, the…
OpenAI astounded the tech industry for the second time this week by launching its newest flagship model, GPT-5, just days after releasing two new freely available models under an open source license. OpenAI CEO Sam Altman went so far as to call GPT-5 “the best model in the world.” That may be pride or hyperbole,…
AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise LLM market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises with 25%. The figure marks a strong reversal…
Anthropic is nearing a deal to raise between $3 billion and $5 billion in funding, valuing the large language model developer at $170 billion, Bloomberg reported. Iconiq Capital is leading this funding round, but there’s a possibility of a second lead investor joining the deal. The company has also been in talks with Qatar Investment…
Since Monday morning, Claude Code users have been hit with unexpectedly restrictive usage limits. The problems, many of which have been aired on Claude Code’s GitHub page, seem to be concentrated among heavy users of the service, many of whom are on the $200-a-month Max plan. Users are only told “Claude usage limit reached,” and…
AI safety researchers from OpenAI, Anthropic, and other organizations are speaking out publicly against the “reckless” and “completely irresponsible” safety culture at xAI, the billion-dollar AI startup owned by Elon Musk. The criticisms follow weeks of scandals at xAI that have overshadowed the company’s technological advances. Last week, the company’s AI chatbot, Grok, spouted antisemitic…