Money is a story we agree to believe. A dollar buys a dollar’s worth because we all act as if it does, and a company is worth whatever the next buyer pays, not a cent more. For most of the last century, the greatest exponents of that belief were countries and the giant public companies…
Anthropic has raised $65 billion in funding, bringing the Claude maker to a post-money valuation of $965 billion as enterprise demand for cutting-edge AI continues to draw greater capital funds into computing, cloud capabilities and model development. The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with a long list…
Anthropic (ANTH.PVT) is expanding its presence in the legal software market as it continues to grow its enterprise presence. The latest offerings include integration with platforms already used by law firms, such as Box (BOX) and Thomson Reuters (TRI), add-ons designed for specific tasks and roles, such as corporate counsel, regulatory counsel and law students,…
President Donald Trump did something no sitting president has done publicly: He appeared to endorse a publicly traded company by its stock symbol, praising defense technology company Palantir Technologies (NASDAQ:PLTR) on Truth Social on Friday in a post that reversed the stock’s decline in a matter of minutes. “Palantir Technologies (PLTR) has proven to have…
Anthropic has signed a deal with Google and Broadcom for about 3.5 gigawatts of computing capacity built on Google’s tensor processing units, with the capacity expected to come online starting in 2027, the company said. The agreement expands an existing relationship. Broadcom CEO Hock Tan said during an earnings call last month that Broadcom would…
REX Stock and tuttle capital management have applied for exchange-traded funds (ETFs) intended to offer double the daily return of SpaceX and anthropic once the companies start operating. The proposed funds, called 2x leveraged ETFs, reflect a growing trend among asset managers to move aggressively and secure first-mover advantage in products tied to high-profile listings,…
By Suzanne McGee PROVIDENCE, R.I., March 26 (Reuters) – REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded shares of SpaceX and Anthropic, according to regulatory filings, as the two companies try to capitalize on what are expected to be two of the most anticipated IPOs…
By Akash Sriram March 9 (Reuters) – Anthropic sued the U.S. government on Monday, escalating a dispute that the artificial intelligence company sees as retaliation for refusing to remove safety limits from its Claude model. The Amazon-backed company said it was willing to work with the military. Just “not under any terms.” He also filed…
