Anthropic released Claude Opus 4.8, which independent benchmarks show as an incremental improvement with mixed results — better efficiency and less over-agentic behavior in coding, but regressions in …
Apollo Global Management and Blackstone are competing to raise $36 billion to acquire chips from Google for use by Anthropic, the AI startup backed by Google. The deal would provide Anthropic with cri…
Apollo Global Management and Blackstone are arranging approximately $36 billion in debt to purchase custom Google TPU chips for Anthropic, with the hardware leased back to the AI company rather than p…
Anthropic closed a $65 billion Series H funding round, producing a $965 billion post-money valuation and a reported $47 billion revenue run-rate. The round was led by Altimeter Capital, Dragoneer, Gre…
Blackstone and Guggenheim are reducing software loan allocations in new collateralized loan obligations due to concerns that artificial intelligence will disrupt the business models of software compan…
AI is transitioning from experimental demos to foundational infrastructure, as evidenced by major investments and corporate restructuring. Key developments include Google and Blackstone planning a $5 …
Anthropic and OpenAI announced separate joint ventures with major financial firms to build AI-powered services companies, with Anthropic raising $1.5 billion from Blackstone, Hellman & Friedman, and G…
OpenAI finalized a $10 billion joint venture with a 19-firm Wall Street consortium led by Blackstone to embed its AI tools into the group's portfolio companies, while Anthropic is closing $1.5 billion…