Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, making it the largest public offering ever, surpassing SpaceX, according to the Financial Times. Investors told the pape…
Anthropic's anticipated initial public offering in October could become the largest ever, with investors expecting a valuation of at least $2 trillion (over 19 trillion Swedish kronor), surpassing Spa…
Anthropic's backers are positioning for a public valuation of $2 trillion or more, with an October IPO in view, according to the Financial Times. The company raised $65 billion in a Series H round at …
Anthropic signed a 20-year, $9.1 billion compute agreement with Riot Platforms on August 11, converting the former Bitcoin miner's 700 MW Rockdale, Texas campus into AI infrastructure. This is Anthrop…
XAI released Grok 4.6, a 1.5T-parameter model that scores 61 on the Artificial Analysis Intelligence Index, roughly in line with GPT-5.6 Sol Max but behind Claude Opus/Fable, with 88.4% on Terminal-Be…
XAI President Michael Nicolls admitted in an internal memo that the company is clearly behind rivals, with Model FLOPs Utilization at about 11% and a target of 50% in the next few months, according to…
Investor appetite for vibe-coding startups remains strong, with Swedish AI startup Lovable raising $400 million at a $13.3 billion valuation, while Cursor sold to SpaceX for $60 billion in June and Re…
California launched satellites built by Muon Space, launched by SpaceX, and using Google's AI to detect wildfires from space, with CAL FIRE and a global nonprofit coalition involved. Senator Bernie Sa…
SpaceXAI, the name xAI now trades under since its absorption into SpaceX, has shipped Grok 4.6, a post-training update to the same 1.5-trillion-parameter V9 foundation as Grok 4.5, priced at $2 per mi…
Cursor released a native iOS app on June 29, enabling users to launch and control cloud coding agents from their phones, with a Remote Control mode for local machines. The app, available only to paid …
OpenAI, Anthropic, and SpaceX, with a combined valuation projected in the trillions, are heading toward initial public offerings without publishing audited sustainability reports or full Scope 1, 2, a…
OpenAI and Anthropic, the makers of ChatGPT and Claude, face financial headwinds that could lead to their nationalization if markets reject them, according to a Guardian opinion piece. The article arg…
Stocks traded higher on Wednesday after the Consumer Price Index report showed inflation moderated in July, with the Nasdaq Composite leading major indexes as technology stocks gained. Nvidia rose 2% …
Lovable, a Stockholm-based AI startup, raised $400 million in a Series C round at a $13.3 billion post-money valuation, led by Menlo Ventures and the EU-backed Scaleup Europe Fund, with participation …
PitchBook's Q2 2026 U.S. VC Valuations report shows that 87.5% of U.S. venture dollars in the first half of 2026 went to AI megadeals, with AI companies seeing median valuation step-ups of 2.2x versus…
Elon Musk told SpaceX employees at a company all-hands meeting that SpaceX will train its Grok AI on the sum total of all SpaceX information, including employee data, saying 'it will be trained on you…
Nvidia is partnering with Wall Street on a $500 billion AI financing package, according to analyst Jay Goldberg of Seaport Global Securities, who discussed the deal on the Prof G Show. The episode als…
Founder-led companies significantly outperform the market, according to data discussed by Kenny Polcari, Jared Blikre, and Michael Monaghan on Yahoo Finance. The panel highlighted overlooked opportuni…
Anthropic, the artificial intelligence company valued at about $965 billion, is targeting a stock market debut in September or early October, according to The Wall Street Journal, in what could rival …
Elon Musk told SpaceX employees that artificial intelligence revenue will surpass rockets and Starlink combined, projecting $300 billion to $500 billion in annual revenue if the company brings 10 giga…