Daily AI news, sourcedUpdates / Business & funding
Updates Business & funding · Reported · 64 items · newest issue first · page 1 of 4
AreaAllModelsAgents & codingApps & productsChips & infraResearchPricing & limitsBusiness & fundingPolicy & safetyOther
- OpenAI is racing to raise about $30 billion at a valuation of over $1.4 trillion before Anthropic's IPO, per ReutersReportedReutersOct 20Business & funding
- Nscale and Anthropic are in talks on a second $45 billion compute deal, per Bloomberg
- Anthropic's Long-Term Benefit Trust can seat most of its board, but its governing documents are still private ahead of the IPO, per The Wall Street Journal
- AI companion app Tolan raises $30M from USV, Khosla Ventures and Homebrew, per Upstarts Media
- Executives expect a neocloud shakeout that could hit Nvidia's non-hyperscaler sales, per The InformationReportedThe InformationOct 19Business & funding
- Stripe says Link agent purchases rose 38x in September as about 200 agents shop through it, per Upstarts MediaReportedUpstarts MediaOct 19Business & funding
- Disney agrees to offer jobs to most of Character.AI's workforce in its bankruptcy bid, per TechCrunch
- GeoPT first author Wu Haixu has founded a physics world-model startup valued at several hundred million dollars, per QbitAIReportedQbitAIOct 17Business & funding
- Replit CEO Amjad Masad says Replit no longer works with Anthropic, citing cost and performance, per TechCrunch
- Anthropic got a BB+ rating from KBRA in June, the highest junk grade, per Financial TimesReportedFinancial TimesOct 17Business & funding
- Some Anthropic investors weigh an IPO valuation around $1.5 trillion, below earlier $2 trillion expectations, per Reuters
- Cal AI hit $30M revenue in two years via influencer seeding before a March MyFitnessPal acquisition, per TechCrunch
- Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos and other AI models, per CNBCReportedCNBCOct 16Business & funding
- Anthropic tells prospective investors third-quarter revenue reached $16.8 billion and was profitable on an adjusted basis, per Reuters
- McKinsey will have some entry-level candidates spend 10 minutes with an AI-simulated client during interviews, per The Wall Street JournalReportedThe VergeOct 15Business & funding
- Jensen Huang says Nvidia will announce $2 billion in new European investments within a week and takes stakes in four French startups, per Bloomberg
- Zenzap raises $44M from Bessemer, Lightspeed and others for an AI workplace chat app pitched as a WhatsApp replacement, per TechCrunch
- Indian startup Scimplify raises $25M led by Hitachi Ventures for AI-run specialty chemicals production, per TechCrunch
- Pluto Security comes out of stealth with $42M to find risky AI tools and vibe-coded apps inside companies, per TechCrunch
- DeepSeek to lead a seed round in Winverse AI, ex-Tencent scientist Hu Han's robot AI startup, at about a $400 million valuation, per BloombergReportedBloombergOct 13Business & funding