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Browsing: Business and Investments
Anthropic Just Surpassed OpenAI in the Private Market. The AI Race Has A New Leader and the Gap Is Widening Fast.
By precious
Anthropic, the maker of the Claude family of AI models, has become the world’s most valuable artificial intelligence (AI) startup,…
SpaceX Filed Its IPO Papers and Is Targeting a $1.75 Trillion Valuation. If It Goes Through It Will Be the Largest Public Offering in History and It Will Reshape the Tech Market Permanently.
By precious
After years of operating as one of the most closely watched private companies in the world, SpaceX is going public.…
Big Tech Is Spending More on AI Than Anyone Expected and Investors Are Furious. Here Is Why the Spending Is Not Stopping
By fariehan
Big Tech’s AI investment has crossed into territory that makes investors uncomfortable. Microsoft, Amazon, Meta, Google, and Apple plan to…
Moonshot AI Just Raised $2 Billion at a $20 Billion Valuation. China’s Homegrown AI Industry Is No Longer Catching Up. It Is Competing.
By precious
Moonshot AI, the Beijing-based lab behind the Kimi series of open-weight large language models, has raised roughly $2 billion at…
Anthropic Just Committed $100 Billion to Amazon. Here Is What That Number Tells You About Who Is Winning the AI Arms Race.
By precious
Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion it has already…
The Pentagon Is Writing Big Checks to AI Startups — Here’s What the U.S. Defense AI Funding Expansion Actually Means for the Industry
By fariehan
Defense AI is rapidly becoming one of the Pentagon’s biggest technology priorities. For years, many Silicon Valley companies avoided military…
China Just Blocked Meta From Buying One of Its Most Promising AI Startups. The Tech Cold War Just Got More Concrete.
By precious
China’s top economic planning agency has ordered Meta to walk away from its acquisition of Manus, a Singapore-based AI startup,…
Google Just Entered Nvidia’s Business by Selling Its Own AI Chips to Customers for the First Time. The Competitive Map Has Changed.
By precious
Google has spent years building its own AI chips for internal use and renting access to them through its cloud…
A sprinter who wins a race but finishes three seconds behind their personal best still wins the race. OpenAI finds…
OpenAI currently holds the record for the largest private funding round in startup history, and it got there by breaking…