AI News

Latest updates from the world of artificial intelligence

Amazon Drops Its Sam Altman Movie After a $50B OpenAI Deal
Companies

Amazon Drops Its Sam Altman Movie After a $50B OpenAI Deal

Amazon MGM has shelved “Artificial,” Luca Guadagnino’s nearly finished film about Sam Altman, months after a $50B OpenAI–AWS partnership. The starry drama is now being shopped to other studios.

Variety

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Qualcomm Weighs $10B Tenstorrent Deal to Challenge Nvidia
Companies

Qualcomm Weighs $10B Tenstorrent Deal to Challenge Nvidia

Qualcomm is reportedly in advanced talks to acquire Jim Keller’s RISC-V AI-chip startup Tenstorrent for $8–10 billion, a move that would hand the company an open-architecture data-center stack to take on Nvidia and AMD.

Tom's Hardware

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ACCESS RESTORED — BY ID ONLY EXPORT BAN Worldwide · Jun 13 USA VERIFIED Citizens · Jul 8 FABLE 5 CLAUDE · ANTHROPIC BITSMINDS.COM
Companies

Anthropic's New Privacy Policy Hands U.S. Citizens a Workaround to the Fable 5 Ban — If They Show ID

A revised Anthropic privacy policy, effective July 8, lets U.S. citizens reclaim access to the banned Fable 5 and Mythos 5 by verifying citizenship with a government ID — but enterprise customers get no such path.

CIO

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ANTHROPIC · SEOUL OFFICE JUN 17 Anthropic opens in Seoul, and Korea is all in. NAVER, Samsung SDS, LG CNS, Nexon and more are already building on Claude. SEOUL PARTNERING WITH NAVER Samsung SDS LG CNS Hanwha Solutions Nexon KAIST + universities NAVER rolled out Claude Code org-wide · Korea is a top-12 Claude market BITSMINDS.COM Source: Anthropic
Companies

Anthropic Opens a Seoul Office With NAVER, Samsung SDS and LG CNS Already Building on Claude

On June 17 Anthropic opened a Korea office led by KiYoung Choi and named a deep roster of partners — NAVER has deployed Claude Code across its entire engineering org, while Samsung SDS, LG CNS, Nexon, Hanwha and a KAIST-led university consortium are all building on Claude.

Anthropic

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ANTHROPIC · CLAUDE AGENT SDK JUN 16 Nothing changes — for now. Anthropic pauses its June 15 billing overhaul amid the OpenAI price war. INCLUDED API RATES $0 EXTRA — STILL INCLUDED AGENT SDK · claude -p · GITHUB ACTIONS · THIRD-PARTY AGENTS STAY ON YOUR PLAN BITSMINDS.COM Source: The Decoder
Companies

Anthropic Backs Off Its Claude Agent SDK Billing Overhaul on the Day It Was Due — “Nothing Changes for Now”

On the day it was set to take effect, Anthropic paused its plan to move Claude Agent SDK, claude -p, GitHub Actions and third-party agent usage off subscriptions into a metered credit pool. Usage stays on regular Pro and Max plans “for now” — a retreat shaped by developer backlash, a looming OpenAI price war and an approaching IPO.

The Decoder

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SPACEX · ACQUISITION JUN 16 SpaceX buys Cursor for $60B. An all-stock merger to hand xAI a coding powerhouse. $60B ALL-STOCK Q3 2026 EXPECTED CLOSE </> VIA X67 SUBSIDIARY · NO IPO CASH · $4B ANTITRUST BREAK FEE · CURSOR ARR ~$4B BITSMINDS.COM Source: CNBC · Yahoo Finance
Companies

SpaceX Signs the $60B Deal to Buy Cursor — an All-Stock Merger That Hands xAI a Coding Powerhouse

SpaceX confirmed a definitive all-stock agreement on June 16 to acquire Anysphere, the maker of Cursor, at a $60 billion valuation — routed through a subsidiary so no IPO cash is touched. The deal hands Musk’s xAI a top AI-coding tool, is set to close in Q3, and carries a $4 billion antitrust break fee.

Yahoo Finance

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OPENAI · AUDITED 2025 FINANCIALS JUN 16 A $34B spend. $13B in revenue. The audited 2025 books, on the eve of a $1 trillion IPO. $13B $34B REVENUE SPEND $21B gap $19B R&D · ~$8B OPERATING LOSS · $30B NON-CASH CHARGE · IPO UP TO $1T BITSMINDS.COM Source: Financial Times
Companies

OpenAI’s 2025 Books: a $34B Spend, $13B in Revenue and a $39B Loss as the $1T IPO Nears

Audited figures reported by the Financial Times show OpenAI spent about $34 billion in 2025 — roughly $19 billion on R&D alone — against $13 billion in revenue, while a one-off accounting charge pushed its net loss near $39 billion, just as the company files to go public at up to $1 trillion.

Reuters

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Sarvam Becomes India’s Newest AI Unicorn With a $234M Round Led by HCLTech
Companies

Sarvam Becomes India’s Newest AI Unicorn With a $234M Round Led by HCLTech

Bengaluru’s Sarvam AI has raised $234 million at a $1.5 billion valuation, joining India’s unicorn club on the strength of foundation models built for Indian languages. IT services giant HCLTech led with $150 million, and the cash will fund Sarvam’s next frontier model and a push into agentic, coding and cybersecurity workloads.

TechCrunch

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ANATOMY OF A TAKEDOWN How a rival’s late-night call darkened Fable 5 Amazon is Anthropic’s top investor, a board backer, and its cloud host. THURSDAY EVE Amazon’s Jassy alerts Treasury WHITE HOUSE Cyber chief meets; Anthropic refuses 5:20 PM ET Export order + 90-min deadline BY 10 PM ET Both models go dark, worldwide BITSMINDS.COM Source: Axios · The Information
Companies

Amazon Led the Push That Took Anthropic’s Fable 5 Offline, Reports Say — Its Own Investor and Cloud Host

New reporting from Axios and The Information says Amazon CEO Andy Jassy personally alerted the Treasury secretary to a claimed Fable 5 jailbreak, and at least five other companies piled on — setting off the export-control order that darkened Anthropic’s flagship within hours.

Axios

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RAMP AI INDEX · APRIL 2026 Anthropic passes OpenAI in U.S. business adoption Anthropic OpenAI 40% 30% 20% 10% 0% 34.4% 32.3% Apr 2025 Oct 2025 Apr 2026 BITSMINDS.COM Source: Ramp AI Index · share of U.S. businesses
Companies

Anthropic Overtakes OpenAI in U.S. Business Adoption for the First Time, Ramp Data Shows

More American companies are now paying for Claude than for ChatGPT, according to the Ramp AI Index — the first crossover since the generative-AI race began, capping a year in which Anthropic quadrupled its enterprise footprint.

Ramp AI Index

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OpenAI Acquires Ona to Run Codex Agents Inside the Customer’s Own Cloud
Companies

OpenAI Acquires Ona to Run Codex Agents Inside the Customer’s Own Cloud

OpenAI is buying Ona — the German cloud startup formerly known as Gitpod — to give its Codex agents secure, persistent environments that run inside a company’s own infrastructure, a direct answer to enterprise fears about turning autonomous coders loose.

The Next Web

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U.S. EXPORT-CONTROL DIRECTIVE Fable 5 & Mythos 5 Pulled Offline Anthropic complies, disabling both for everyone BITSMINDS.COM
Companies

Anthropic Pulls Fable 5 and Mythos 5 Worldwide to Comply With a U.S. Export-Control Directive

Three days after launch, Anthropic disabled Claude Fable 5 and Mythos 5 for every customer to comply with a Commerce Department order that bars foreign-national access on national-security grounds. The company calls it a misunderstanding over a "minor" jailbreak and is fighting to restore access.

Anthropic

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Bezos's Project Prometheus Closes a $12B Series B at a $41B Valuation — to Build an 'Artificial General Engineer'
Companies

Bezos's Project Prometheus Closes a $12B Series B at a $41B Valuation — to Build an 'Artificial General Engineer'

Seven months after launching with $6.2B, Jeff Bezos's industrial-AI startup has raised $12 billion at a $41 billion valuation. Its mission, co-CEO Bezos insists, has 'nothing to do with robotics' — it's AI for engineering, manufacturing, and drug design.

Axios

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Code with Claude Lands in Tokyo — Anthropic's First Developer Conference in Asia-Pacific
Companies

Code with Claude Lands in Tokyo — Anthropic's First Developer Conference in Asia-Pacific

Anthropic brought its Code with Claude developer conference to Tokyo on June 10 — its first stop in Asia-Pacific — with three tracks on research, the Claude platform, and Claude Code, plus an Extended builder day on June 11. The move plants a flag in Japan's enterprise market before rivals do.

Code with Claude (Anthropic)

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Moonshot AI Targets a $30 Billion Valuation — a Sevenfold Jump in Six Months
Companies

Moonshot AI Targets a $30 Billion Valuation — a Sevenfold Jump in Six Months

The Beijing startup behind the Kimi chatbot is in talks to raise up to $2 billion at a $30 billion valuation — its third financing in half a year. In December it was worth $4.3 billion. The leap captures just how hot China's AI funding race has become.

TechNode

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FUNDING · SERIES CPHYSICSX$300M ROUND$2.4B VALUATION · LED BY TEMASEKLarge Physics Models · NVIDIA-backedhigh-fidelity simulation, in secondsBITSMINDS.COMSource: PhysicsX
Companies

PhysicsX Raises $300M at a $2.4B Valuation to Scale 'Large Physics Models' for Industrial Engineering

The London startup behind "Large Physics Models" — pretrained AI for high-fidelity engineering simulation — closed an oversubscribed $300 million Series C at a $2.4 billion valuation, led by Temasek with backing from NVIDIA, Siemens, and Applied Materials.

PhysicsX

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OPENAI · STRATEGYTHE THIRDPHASEABUNDANT · SAFE · FOR EVERYONEaltman + pachocki · june 8 2026THREE GOALS1Automated AI researcherresearch that compounds on itself2Accelerate the economyAI woven through everyday work3Personal AGI for everyonefor every person on EarthBITSMINDS.COMSource: OpenAI
Companies

OpenAI Declares a 'Third Phase': An Automated AI Researcher, a Faster Economy, and a Personal AGI for Everyone

On the same day it confirmed a confidential IPO filing, OpenAI published a manifesto from Sam Altman and Jakub Pachocki declaring a "third phase" built on three goals — an automated AI researcher, accelerating the economy, and a personal AGI for every person on Earth.

OpenAI

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Jeff Bezos Backs Flourish, a $500M Brain-Inspired AI Startup Chasing a 50-Watt Path Past AI's Energy Wall
Companies

Jeff Bezos Backs Flourish, a $500M Brain-Inspired AI Startup Chasing a 50-Watt Path Past AI's Energy Wall

Flourish, co-founded by Internet Explorer creator Thomas Reardon, raised $500 million at a $2.5 billion valuation to reverse-engineer the brain's 'core algorithm' — betting that neuroscience, not more silicon, is the way past AI's energy wall.

SiliconANGLE

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FINTECH · MARKET INTELLIGENCE · FUNDINGALPHASENSE · JUNE 3$7.5BValuation · $350M round · June 3, 2026Up from $4B — nearly 2× · over $1B raised to dateLed by Vitruvian, Accenture Ventures, J.P. Morgan AMARR over $600M · 7,000+ enterprises · 500M+ docsNEW STRATEGIC PARTNERAccenture — first channel partner · CapitalG · GoldmanSUPERANALYSTNEWSummarize NVDA Q1 risk factorsANSWER · 14 SOURCESSupply concentration, export controls,and data-center demand dominate therisk section this quarter.BITSMINDS.COMSource: AlphaSense · FinTech Futures
Companies

AlphaSense Raises $350M at a $7.5B Valuation as Its Market-Intelligence AI Clears $600M ARR

The enterprise market-intelligence platform nearly doubled its valuation to $7.5 billion, crossed $600 million in annual recurring revenue, and made Accenture its first strategic channel partner — while launching an always-on research agent called SuperAnalyst.

AlphaSense

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Suno Raises $400M at a $5.4 Billion Valuation as It Pivots Toward Licensed AI Music
Companies

Suno Raises $400M at a $5.4 Billion Valuation as It Pivots Toward Licensed AI Music

AI music startup Suno closed a $400 million Series D at a $5.4 billion valuation — more than double its worth seven months ago. The round arrives as the company settles with Warner Music and tries to turn a copyright fight into a licensing business.

Variety

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GEN-1FOUNDATION MODELarmhumanoidmobiledroneROBOTICS · JUNE 4, 2026PHYSICAL AIGeneralist AIOne brain for every robot$400M round — led by Radical Ventures$2B valuation — Nvidia + Bezos backingFoundation models for physical AIBITSMINDS.COMSource: SiliconANGLE · TechFundingNews
Companies

Generalist AI Raises $400M at a $2B Valuation to Build Foundation Models for Robots

Robotics startup Generalist AI raised $400 million in a round led by Radical Ventures, reaching a $2 billion valuation. The Nvidia- and Bezos-backed company is building general-purpose foundation models meant to serve as a shared “brain” across many different robots.

SiliconANGLE

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Anthropic Says Claude Now Writes Over 80% of Its Merged Code — but Insists It's Not Recursive Self-Improvement Yet
Companies

Anthropic Says Claude Now Writes Over 80% of Its Merged Code — but Insists It's Not Recursive Self-Improvement Yet

More than 80% of the code Anthropic merges into production is now authored by Claude, up from low single digits before Claude Code launched — and leaders say some products are effectively 100% Claude-written. But Anthropic draws a careful line: this is not yet recursive self-improvement, even as it warns that moment “could come sooner than most institutions are prepared for.”

Anthropic

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Anthropic Quadruples Project Glasswing to ~200 Partners in 15+ Countries as Mythos Goes After Critical Infrastructure
Companies

Anthropic Quadruples Project Glasswing to ~200 Partners in 15+ Countries as Mythos Goes After Critical Infrastructure

Anthropic is adding ~150 Glasswing partners across power, water, healthcare and communications — quadrupling the program to ~200 organizations as it warns that Mythos-class cyber capability will be replicated within 6–12 months.

Anthropic

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AI INFRASTRUCTURE · EQUITY RAISE · CAPEXALPHABET · JUN 1$80BEquity raise to fund the AI buildoutDemand is exceeding available supplyHOW THE $80B BREAKS DOWN$30B$40B$10BPublic offeringAt-the-marketBerkshireRAISE vs 2026 CAPEXTHIS RAISE$80BALPHABET 2026 CAPEX$180–190BINDUSTRY AI INFRA · 2026≈ $700B across Big TechBITSMINDS.COMSource: TechCrunch · CNBC · Alphabet filing
Companies

Alphabet to Raise $80 Billion for Its AI Buildout — With a $10 Billion Vote of Confidence From Buffett’s Berkshire

Google’s parent will sell roughly $80B in stock to fund AI infrastructure as demand outstrips supply — including a $10B private placement to Berkshire Hathaway, with 2026 capex guided to $180–190B.

TechCrunch

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Anthropic Confidentially Files for an IPO, Beating OpenAI to the SEC at a $965B Valuation
Companies

Anthropic Confidentially Files for an IPO, Beating OpenAI to the SEC at a $965B Valuation

Anthropic submitted a confidential draft S-1 to the SEC on June 1, days after a $65B round lifted it to a $965B valuation — setting up a three-way IPO race with OpenAI and SpaceX.

PYMNTS

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Tripo AI Maker Vast Raises ~$200M, Joins China’s Unicorns
Companies

Tripo AI Maker Vast Raises ~$200M, Joins China’s Unicorns

Vast, the Beijing startup behind Tripo AI, has raised nearly $200 million at a valuation above $1 billion, making it China's newest AI unicorn. Founded by Gen-Z gamer Simon Song, Vast turns text and image prompts into production-ready 3D models for games, film and manufacturing — and already counts NetEase and Sony among its customers.

Bloomberg

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AI MEMORY · HBM · SEMICONDUCTORS MICRON · MAY 2026 Micron sells out 2026 memory HBM booked solid as AI demand outruns supply SOLD OUT · 2026 HBM Capacity bet ~$200B Q2 gross margin ~75% Stock, YTD +150% (~$795) HIGH-BANDWIDTH MEMORY MODULE HBM4 Stacked DRAM · the gating part for every AI accelerator BITSMINDS.COM Source: Micron Q2 FY2026 · Reuters · Yahoo Finance
Companies

Micron Sells Out Its Entire 2026 Memory: HBM Booked Solid as the AI Crunch Mints a New Chip Giant

Micron’s entire 2026 high-bandwidth memory output is now spoken for, locked up under binding contracts before the year is half over. Record quarterly revenue near $24 billion at roughly 75% gross margin, a ~$200 billion capacity build-out, and a stock up about 150% this year to ~$795 have turned the one-time commodity DRAM maker into something the market now treats as scarce AI infrastructure — the memory bottleneck sitting right next to every AI accelerator.

Micron / Reuters

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AI INSURANCE · FUNDING · INSURTECH CORGI · MAY 28 Corgi doubles to $2.6B Full-stack, AI-native commercial insurance — valuation doubled in three weeks $106M Series B1 raise $2.6B Post-money valuation 3 wks Since last round $378M Raised since 2024 $1.3B · May 6 $2.6B · May 28 Insures AI-related risk · clients incl. Deel, Artisan · led by TCV BITSMINDS.COM Source: TechCrunch · PR Newswire · Reuters (May 28)
Companies

AI Insurance Startup Corgi Hits $2.6B in New $106M Round

Corgi, a full-stack, AI-native commercial insurance startup, has raised a $106 million Series B1 at a $2.6 billion valuation — double the $1.3 billion it was worth in a $160 million Series B closed just three weeks earlier. Founded in 2024 by Emily Yuan and Nico Laqua, Corgi has now raised $378 million in total and underwrites the kind of AI-related risks that legacy insurers often exclude, for customers including Deel and Artisan.

TechCrunch / PR Newswire

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FINTECH · AGENTIC PAYMENTS · DEV PLATFORMSVISA × REPLIT · MAY 28VISAINTELLIGENT COMMERCE●●●● ●●●● ●●●●4287TRUSTED AGENTCLAUDE-OPUS-4.7VERIFIED ✓WHAT SHIPPED · MAY 28Strategic investmentVisa · Replit, terms undisclosedIntelligent Commerce + TAPNative card rails inside vibe-coded agentsSelf-serve enterprise up to $200K50M users · 85% of the Fortune 500BITSMINDS.COMSource: TechCrunch · Replit · Visa
Companies

Visa Takes a Stake in Replit and Wires Intelligent Commerce Into Vibe-Coded Agents

On May 28, Visa announced a strategic investment in Replit and is integrating Visa Intelligent Commerce — plus its Trusted Agent Protocol registry — directly into the platform, so AI agents and apps vibe-coded on Replit can initiate verified card transactions over Visa’s network. Replit also opened self-serve enterprise contracts up to $200,000 and named Accenture, Slalom and Hexaware as founding Solution Partners.

TechCrunch / Replit / Visa

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SPACEX · NASDAQ: SPCXLARGEST IPO IN HISTORY$1.75TTarget valuation · up to $75B raisedSurpassing Saudi Aramco's $35.4B record raiseJUN 4RoadshowJUN 11PricingJUN 12Trading · SPCXSource: SpaceX S-1 · CNBC
Companies

SpaceX Sets Terms for the Largest IPO Ever: ~$1.75T Valuation, Up to $75B, Trading June 12 as SPCX

SpaceX has locked in the schedule for what would be the biggest IPO in history: an investor roadshow opening June 4, pricing on June 11 and a Nasdaq debut on June 12 under the ticker SPCX, targeting a valuation around $1.75 trillion and a raise of up to $75 billion. That would dwarf Saudi Aramco's $35.4 billion record — and the prospectus is also where the AI world learned SpaceX is renting Anthropic $1.25 billion of compute a month.

SpaceX S-1 / CNBC

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AI SILICON · THE CHIP RACEMICROSOFT × ANTHROPIC4thSilicon vendor in Anthropic's stackif the Maia 200 talks with Microsoft closeStatus: early talks — nothing signed yetMICROSOFT SILICONMAIAMAIA 200216 GB HBM3e · TSMC 3 nm10+ PFLOPS FP4 · launched Jan 2026WHAT IT MEANSAlready on AWS, Google and Nvidia chipsMicrosoft holds a ~$5B stake in AnthropicSource: WSJ / CNBC
Companies

Anthropic in Talks to Run Claude on Microsoft's Maia 200, Adding a Fourth Silicon Vendor

Anthropic is in early-stage talks to rent Azure servers powered by Microsoft's homegrown Maia 200 accelerator, according to reports first surfaced on May 21. Nothing is signed, but if it closes, Anthropic would become the first major external customer for Microsoft's custom silicon — and would add a fourth chip platform on top of AWS Trainium, Google TPUs and Nvidia GPUs.

WSJ / CNBC

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TeamPCP Hackers Put 450 Mistral AI Repos and 5GB of Source Code Up for Sale at $25,000
Companies

TeamPCP Hackers Put 450 Mistral AI Repos and 5GB of Source Code Up for Sale at $25,000

The same supply chain crew that hit TanStack and rotated OpenAI’s code signing certificates is now auctioning what it says is nearly 450 internal Mistral AI repositories — training, fine-tuning, benchmarking, model delivery and inference code — with a one-week deadline before a free dump on hacker forums. Mistral confirms a breach, says its hosted services and user data were not touched.

BleepingComputer / TechRadar

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Japan's Megabanks Get Anthropic's Claude Mythos After US Treasury Brokers Sovereign Access
Companies

Japan's Megabanks Get Anthropic's Claude Mythos After US Treasury Brokers Sovereign Access

Finance Minister Satsuki Katayama said Friday that Japan will receive Mythos within two weeks — making it the first foreign government cleared for Anthropic's most capable vulnerability-finding AI.

Japan Today

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ANTHROPIC · JACK CLARK AT OXFORD · MAY 21, 2026 BITSMINDS 12 MONTHS AI-aided Nobel Prize "A question of months, not whether" — Jack Clark, co-founder, Anthropic 2 YEARS Bipedal robots assist tradespeople 18 MONTHS AI-run companies make millions END OF 2028 AI designs its own successors May 2026 Oxford lecture May 2027 Nobel-grade discovery Nov 2027 AI-only firms May 2028 Bipedal robots Dec 2028 Self-designing AI ⚠ "Non-zero chance of killing everyone" Source: Oxford Institute for Ethics in AI · Anthropic
Companies

Anthropic Co-Founder Jack Clark: AI Wins a Nobel Within a Year — And Could Still Kill Everyone

In an Oxford lecture on May 21, Anthropic co-founder Jack Clark predicted an AI-assisted Nobel within 12 months, bipedal robots in two years, and AI-run companies generating millions inside 18 — while warning the existential risk has not gone away.

Anthropic / Oxford Institute for Ethics in AI

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OpenAI Files Confidential S-1 With the SEC, Targeting a September IPO at Up to $1 Trillion
Companies

OpenAI Files Confidential S-1 With the SEC, Targeting a September IPO at Up to $1 Trillion

OpenAI quietly handed Goldman Sachs and Morgan Stanley a draft prospectus on May 22, setting up a Q4 listing at a valuation between $852 billion and $1 trillion — even as the company lost $1.22 for every dollar it earned in Q1.

Fortune

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Nvidia Splits Data Center Reporting Into Hyperscalers and a New ACIE Bucket to Calm Investor Nerves
Companies

Nvidia Splits Data Center Reporting Into Hyperscalers and a New ACIE Bucket to Calm Investor Nerves

Jensen Huang is separating Meta, Amazon, Google, Microsoft, and Oracle revenue from everything else — a reporting change that lets Nvidia show off 31% growth in the half of the business not tied to the $725B Big Tech capex boom.

Gizmodo

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Brett Adcock's AI Hardware Startup Hark Closes $700M Series A at a $6B Valuation
Companies

Brett Adcock's AI Hardware Startup Hark Closes $700M Series A at a $6B Valuation

The Figure.AI and Archer founder's third hard-tech company quietly raised one of the largest consumer AI Series A rounds ever, with Nvidia, AMD, Intel, and Qualcomm all on the cap table.

TechCrunch

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Anthropic Locks In $1.25B a Month on SpaceX's Colossus and Hits Profit Two Years Early
Companies

Anthropic Locks In $1.25B a Month on SpaceX's Colossus and Hits Profit Two Years Early

A $15B-a-year compute pact and a projected $10.9B Q2 revenue mark Anthropic first profitable quarter, two years ahead of plan.

Axios

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Jury Throws Out Elon Musk's Lawsuit Against OpenAI in Under Two Hours
Companies

Jury Throws Out Elon Musk's Lawsuit Against OpenAI in Under Two Hours

A nine-person California jury unanimously dismissed every claim in Musk vs. OpenAI on statute-of-limitations grounds — and the judge agreed, tossing the case that had hung over OpenAI for two years.

CNN Business

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SpaceX Lines Up a $60B Cursor Buyout for 30 Days After Its June 12 IPO
Companies

SpaceX Lines Up a $60B Cursor Buyout for 30 Days After Its June 12 IPO

Bloomberg reported on May 19 that SpaceX intends to close a $60 billion acquisition of AI coding startup Cursor approximately 30 days after its June 12 listing — with a $10 billion breakup fee on the table if the deal collapses.

Bloomberg

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OpenAI Co-Founder Andrej Karpathy Joins Anthropic to Use Claude on Claude
Companies

OpenAI Co-Founder Andrej Karpathy Joins Anthropic to Use Claude on Claude

Andrej Karpathy started at Anthropic this week, building a new team inside the pre-training group that will use Claude itself to speed up the most expensive phase of frontier model development.

TechCrunch

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Anthropic Buys Stainless for ~$300M, Pulling SDK Plumbing Out From Under OpenAI and Google
Companies

Anthropic Buys Stainless for ~$300M, Pulling SDK Plumbing Out From Under OpenAI and Google

Anthropic's first big tooling acquisition absorbs the dev-tools startup that quietly generated official SDKs for OpenAI, Google, Cloudflare, and Anthropic itself — and shuts the hosted product down.

TechCrunch

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Anthropic Eyes $30B at a $900B Valuation Just Months After Its Record Series G
Companies

Anthropic Eyes $30B at a $900B Valuation Just Months After Its Record Series G

The Claude maker is in talks to nearly triple its February valuation as annualized revenue hits $14B and Claude Code alone clears $2.5B.

Bloomberg

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Decart Raises $300M With NVIDIA Backing for Real-Time World Models on Amazon's AI Chips
Companies

Decart Raises $300M With NVIDIA Backing for Real-Time World Models on Amazon's AI Chips

Israeli world-model startup Decart closed a $300M Series B at a $4B valuation, with NVIDIA, Radical Ventures, and angels including Andrej Karpathy and Michael Eisner backing its push into real-time interactive video.

SiliconANGLE

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PwC Bets the Office of the CFO on Claude, Pledges to Certify 30,000 on Anthropic Tools
Companies

PwC Bets the Office of the CFO on Claude, Pledges to Certify 30,000 on Anthropic Tools

PwC stands up a Claude-native finance business unit and a joint Center of Excellence with Anthropic, rolling Cowork and Claude Code to its global workforce.

Anthropic

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Mistral Builds Cybersecurity AI for European Banks Cut Off From Anthropic's Mythos
Companies

Mistral Builds Cybersecurity AI for European Banks Cut Off From Anthropic's Mythos

Locked out of Anthropic's limited-access Mythos cyber model, European lenders are talking with Mistral about an on-premises alternative — and OpenAI is circling the same gap.

PYMNTS

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Runway Hits $5.3B Valuation as the Filmmaker AI Pivots to World Models to Take On Google
Companies

Runway Hits $5.3B Valuation as the Filmmaker AI Pivots to World Models to Take On Google

Once known for plugging into Hollywood production pipelines, Runway is now spending its $860 million of total funding on world models — systems that simulate reality from observed video — and squaring off directly against Google Veo and Genie.

TechCrunch

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Richard Socher’s Recursive Superintelligence Exits Stealth With $650M to Build AI That Improves Itself
Companies

Richard Socher’s Recursive Superintelligence Exits Stealth With $650M to Build AI That Improves Itself

Backed by GV, Greycroft, Nvidia, and AMD at a $4.65B valuation, the Socher–Rocktäschel lab is betting recursive self-improvement is the fastest path to superintelligence.

SiliconANGLE

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Anthropic Locks In $30B at a $900B Valuation, Leapfrogging OpenAI in Three Months
Companies

Anthropic Locks In $30B at a $900B Valuation, Leapfrogging OpenAI in Three Months

Dragoneer, Greenoaks, Sequoia, and Altimeter are co-leading a $30 billion round that nearly triples Anthropic's valuation in 90 days as annualized revenue races past $45 billion.

Financial Times

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Anduril Hits $61B as Thrive and a16z Lead Record $5B Series H for Autonomous Defense
Companies

Anduril Hits $61B as Thrive and a16z Lead Record $5B Series H for Autonomous Defense

Palmer Luckey's defense tech firm doubled its valuation in less than a year, capping a defense funding surge that has poured nearly $13.6 billion into the sector since January.

TechCrunch

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OpenAI Spins Out a $4B Deployment Company With TPG and Buys Tomoro for Its Forward-Deployed Engineers
Companies

OpenAI Spins Out a $4B Deployment Company With TPG and Buys Tomoro for Its Forward-Deployed Engineers

OpenAI has carved out a majority-owned subsidiary, the OpenAI Deployment Company, seeded with $4 billion from a consortium led by TPG and valued at $10 billion at launch — and is acquiring London-based consultancy Tomoro to give it 150 forward-deployed engineers from day one.

OpenAI

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Isomorphic Labs Raises $2.1B Series B to Industrialize Its AI Drug Design Engine
Companies

Isomorphic Labs Raises $2.1B Series B to Industrialize Its AI Drug Design Engine

Demis Hassabis's Alphabet-backed drug discovery spinout has closed a $2.1 billion Series B led by Thrive Capital, with new money from MGX, Temasek, CapitalG and the UK Sovereign AI Fund — capital it says will push its IsoDDE platform from research curiosity to clinical pipeline.

Isomorphic Labs

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OpenAI and Microsoft Cap Revenue-Sharing at $38 Billion, Clearing the Runway to an IPO
Companies

OpenAI and Microsoft Cap Revenue-Sharing at $38 Billion, Clearing the Runway to an IPO

OpenAI and Microsoft have agreed to cap the AI lab's revenue-sharing payments at $38 billion through 2030, according to The Information — a renegotiation that could save OpenAI tens of billions of dollars and clear a long-standing obstacle to a potential public listing later this year.

Business Today

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Snap and Perplexity Quietly Kill Their $400M AI Search Deal Before It Ever Shipped
Companies

Snap and Perplexity Quietly Kill Their $400M AI Search Deal Before It Ever Shipped

The cash-and-equity partnership that was supposed to put a Perplexity-powered chatbot inside Snapchat collapsed in Q1, and Snap is now guiding 2026 with zero contribution from the deal.

TechCrunch

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Sereact Raises $110M Series B to Scale 'Robot Brain' VLAMs Across BMW, Daimler, and US Logistics
Companies

Sereact Raises $110M Series B to Scale 'Robot Brain' VLAMs Across BMW, Daimler, and US Logistics

German robotics startup Sereact closed a $110M Series B led by Headline to scale its vision-language-action models — already running in BMW, Daimler Truck, and Mercedes plants — and to push into the US warehouse market.

TNW

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Anthropic Unveils Project Glasswing, Hands Claude Mythos Preview to Apple, AWS, JPMorgan to Find Zero-Days
Companies

Anthropic Unveils Project Glasswing, Hands Claude Mythos Preview to Apple, AWS, JPMorgan to Find Zero-Days

Anthropic's restricted Project Glasswing gives 12 launch partners early access to Claude Mythos Preview — a frontier model that already uncovered a 27-year-old OpenBSD bug and thousands of zero-days across every major OS and browser.

Anthropic

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Nvidia's AI Equity Bets Cross $40 Billion in 2026, Anchored by a $30B OpenAI Stake
Companies

Nvidia's AI Equity Bets Cross $40 Billion in 2026, Anchored by a $30B OpenAI Stake

Nvidia has now committed more than $40 billion to AI equity deals this year, including $30B in OpenAI, $3.2B in Corning for optical interconnect plants, and $2.1B in data-center operator IREN.

CNBC

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Code with Claude 2026: Anthropic Reveals 'Dreaming' Agents, Routines, and a Rebuilt Claude Code
Companies

Code with Claude 2026: Anthropic Reveals 'Dreaming' Agents, Routines, and a Rebuilt Claude Code

At its second annual developer conference, Anthropic unveiled a stack of agentic features — overnight self-improving 'dreaming' agents, scheduled Routines, multi-agent orchestration, automated Code Review and CI auto-fix — alongside doubled Claude Code rate limits.

Simon Willison's Live Blog

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Anthropic Hits $30B Revenue Run Rate, Pulls Ahead of OpenAI After 'Crazy' 80x Year
Companies

Anthropic Hits $30B Revenue Run Rate, Pulls Ahead of OpenAI After 'Crazy' 80x Year

Anthropic's annualized revenue tripled to $30 billion in the first four months of 2026, eclipsing OpenAI's disclosed $24 billion run rate as enterprise demand for Claude Mythos and the new managed agents pulled forward years of forecast growth.

Sherwood News

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Anthropic Taps SpaceX's Colossus 1 for 220,000 GPUs and Eyes Orbital Compute
Companies

Anthropic Taps SpaceX's Colossus 1 for 220,000 GPUs and Eyes Orbital Compute

Anthropic has secured the entire compute capacity of SpaceX's Colossus 1 data center in Memphis &mdash; over 300 megawatts and 220,000 NVIDIA GPUs &mdash; and the two companies are exploring multiple gigawatts of orbital AI compute.

Anthropic

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Anthropic Commits $200B to Google for TPUs and Cloud in Five-Year Mega-Deal
Companies

Anthropic Commits $200B to Google for TPUs and Cloud in Five-Year Mega-Deal

Anthropic has reportedly agreed to spend $200 billion with Google over five years on TPUs and cloud capacity, accounting for more than 40% of Google's disclosed revenue backlog and briefly pushing Alphabet past Nvidia in market value.

Engadget

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SAP Acquires Tabular AI Pioneer Prior Labs, Pledges €1B+ to Build European Frontier Lab
Companies

SAP Acquires Tabular AI Pioneer Prior Labs, Pledges €1B+ to Build European Frontier Lab

SAP is buying Prior Labs and pledging more than €1B over four years to spin up a Freiburg-based frontier lab for Tabular Foundation Models, AI built for structured business data.

SAP News

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Anthropic Eyes $50B Raise at $900B Valuation, Likely Last Private Round Before IPO
Companies

Anthropic Eyes $50B Raise at $900B Valuation, Likely Last Private Round Before IPO

Anthropic is lining up a $50B round at a roughly $900B valuation, more than doubling its February mark and leapfrogging OpenAI ahead of a possible October IPO.

TechCrunch

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Novo Nordisk and OpenAI Partner to Speed Drug Discovery and Manufacturing
Companies

Novo Nordisk and OpenAI Partner to Speed Drug Discovery and Manufacturing

Danish pharmaceutical giant Novo Nordisk has signed a strategic partnership with OpenAI to deploy AI across drug discovery, clinical trials, manufacturing, and corporate operations, with full integration planned by the end of 2026.

Novo Nordisk

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KKR Backs $10B Helix Digital Infrastructure to Build AI's Physical Backbone
Companies

KKR Backs $10B Helix Digital Infrastructure to Build AI's Physical Backbone

Private equity giant KKR has secured more than $10 billion to launch Helix Digital Infrastructure, a new full-stack AI infrastructure company led by former AWS CEO Adam Selipsky.

TechStartups

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Sierra Hits $15.8B Valuation in $950M Round as Bret Taylor Races to Lock Up Enterprise AI
Companies

Sierra Hits $15.8B Valuation in $950M Round as Bret Taylor Races to Lock Up Enterprise AI

OpenAI chair Bret Taylor's customer-experience agent startup banks $950M led by Tiger Global and GV, doubling its valuation in six months as it claims more than 40% of the Fortune 50.

TechCrunch

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Meta Acquires Assured Robot Intelligence to Fast-Track Humanoid Robotics Push
Companies

Meta Acquires Assured Robot Intelligence to Fast-Track Humanoid Robotics Push

Meta has bought robotics-AI startup Assured Robot Intelligence, founded by Lerrel Pinto and Xiaolong Wang, folding the team into Superintelligence Labs to build foundation models for humanoid machines.

TechCrunch

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Cohere Acquires Aleph Alpha to Forge $20B Transatlantic Sovereign AI Powerhouse
Companies

Cohere Acquires Aleph Alpha to Forge $20B Transatlantic Sovereign AI Powerhouse

Toronto-based Cohere is absorbing Germany’s Aleph Alpha in a $20B combination backed by a $600M check from Schwarz Group, pitched as a sovereign AI alternative to U.S. hyperscalers and blessed by both governments.

TechCrunch

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Recursive Superintelligence Banks $500M From GV and Nvidia at $4B Valuation, Four Months In
Companies

Recursive Superintelligence Banks $500M From GV and Nvidia at $4B Valuation, Four Months In

A four-month-old AI lab founded by ex-DeepMind, OpenAI, and Salesforce researchers is targeting fully self-improving frontier AI — and has already pulled in oversubscribed funding from Google's venture arm and Nvidia.

The Decoder

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AlphaZero Creator David Silver Raises Record $1.1B Seed for Ineffable Intelligence
Companies

AlphaZero Creator David Silver Raises Record $1.1B Seed for Ineffable Intelligence

The DeepMind veteran behind AlphaGo and AlphaZero has emerged from stealth with the largest seed round in European history, backed by Sequoia, Lightspeed, Nvidia, and Google to chase superintelligence through pure reinforcement learning.

CNBC

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Anthropic in Talks With UK Chip Startup Fractile to Diversify Beyond Nvidia
Companies

Anthropic in Talks With UK Chip Startup Fractile to Diversify Beyond Nvidia

A new report says Anthropic is in early discussions to buy specialized inference silicon from UK-based Fractile when it ships in 2027, joining a broader push to ease its dependence on Nvidia and AWS.

The Information

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Parag Agrawal's Parallel Web Systems Hits $2B Valuation in $100M Series B Led by Sequoia
Companies

Parag Agrawal's Parallel Web Systems Hits $2B Valuation in $100M Series B Led by Sequoia

The web-search-for-agents startup founded by the former Twitter CEO closed a $100 million Series B at a $2 billion valuation just five months after its Series A — a near tripling of its price tag as Clay, Harvey, Notion, and Opendoor pile in as customers.

TechCrunch

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Google Unveils TPU 8t and 8i: Two Chips Built for the Agentic Era
Companies

Google Unveils TPU 8t and 8i: Two Chips Built for the Agentic Era

Google split its eighth-generation TPU into a training giant and an inference workhorse, paired with a 134,000-chip Virgo Network fabric aimed squarely at agentic AI.

Google

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Netomi Banks $110M Series C to Push Agentic AI Deeper Into Customer Service
Companies

Netomi Banks $110M Series C to Push Agentic AI Deeper Into Customer Service

Accenture Ventures led a $110 million round in Netomi as the agentic AI platform expands deployments at Delta, United, Paramount Skydance, the NBA and DraftKings.

SiliconANGLE

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Anthropic Eyes $900B Valuation in $50B Round That Would Top OpenAI
Companies

Anthropic Eyes $900B Valuation in $50B Round That Would Top OpenAI

Anthropic is fielding preemptive offers for up to $50 billion in new funding at a valuation between $850 billion and $900 billion, with a board decision expected in May.

TechCrunch

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Rogo Raises $160M to Build the AI Operating System for Wall Street
Companies

Rogo Raises $160M to Build the AI Operating System for Wall Street

Rogo closed a $160M Series D led by Kleiner Perkins to scale Felix, its agentic AI for investment banking, now used by 35,000 professionals across top banks and private equity firms.

TechFundingNews

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Firestorm Labs Raises $82M to Put 3D-Printed Drone Factories Inside Shipping Containers
Companies

Firestorm Labs Raises $82M to Put 3D-Printed Drone Factories Inside Shipping Containers

The San Diego defense startup wants to bring drone manufacturing to the front lines, packing HP Multi Jet Fusion 3D printers into 20-foot containers that can produce a flyable airframe in under 24 hours.

TechCrunch

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Manifest Lands Record $60M Series A to Build the First AI-Native Law Firm
Companies

Manifest Lands Record $60M Series A to Build the First AI-Native Law Firm

The legal-AI startup raised the largest Series A in legal tech history at a $750 million valuation, betting on a model that replaces billable hours with AI-supervised attorneys under a single brand.

PYMNTS

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Devin Maker Cognition in Talks to More Than Double Valuation to $25 Billion
Companies

Devin Maker Cognition in Talks to More Than Double Valuation to $25 Billion

The startup behind autonomous AI software engineer Devin is negotiating a new round at a $25B valuation, up from $10.2B in September, as enterprise demand for agentic coding accelerates.

Bloomberg

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OpenAI and Microsoft Settle Cloud Dispute, Clearing the Way for $50B Amazon Pact
Companies

OpenAI and Microsoft Settle Cloud Dispute, Clearing the Way for $50B Amazon Pact

A renegotiated agreement ends Microsoft's exclusive grip on OpenAI's products through 2032, lets OpenAI ship to AWS, and removes the legal cloud hanging over its $50 billion Amazon deal.

TechCrunch

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Ex-DeepMind Star David Silver Raises Record $1.1B Seed to Build AI That Learns Without Human Data
Companies

Ex-DeepMind Star David Silver Raises Record $1.1B Seed to Build AI That Learns Without Human Data

Ineffable Intelligence, founded by AlphaZero architect David Silver, has closed Europe's largest-ever seed round at a $5.1B valuation to pursue a reinforcement-learning superlearner.

TechCrunch

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Google Deepens Ties With Mira Murati's Thinking Machines in New Multi-Billion-Dollar Deal
Companies

Google Deepens Ties With Mira Murati's Thinking Machines in New Multi-Billion-Dollar Deal

Google Cloud locks in another fast-rising frontier lab with a single-digit-billion-dollar agreement covering Nvidia GB300 GPUs and reinforcement-learning workloads.

TechCrunch

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Google to Invest Up to $40 Billion in Anthropic, Doubling Down on Claude
Companies

Google to Invest Up to $40 Billion in Anthropic, Doubling Down on Claude

Google commits $10 billion now and up to $30 billion more in milestone-based funding, on top of a five-gigawatt cloud compute deal — its biggest bet yet on Anthropic.

TechCrunch

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Anthropic Hits $1 Trillion Implied Valuation on Secondary Markets, Surpassing OpenAI
Companies

Anthropic Hits $1 Trillion Implied Valuation on Secondary Markets, Surpassing OpenAI

Anthropic's implied valuation on secondary markets has reached $1 trillion — overtaking OpenAI on Forge Global — fueled by 233% revenue growth in a single quarter driven by Claude Code adoption.

Tech Funding News

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Jeff Bezos Closes In on $10 Billion for Project Prometheus, His Physical AI Lab
Companies

Jeff Bezos Closes In on $10 Billion for Project Prometheus, His Physical AI Lab

Jeff Bezos and co-CEO Vikram Bajaj are finalizing a $10 billion funding round for Project Prometheus at a $38 billion valuation — a lab training AI on real-world physics, engineering, and robotics data.

Bloomberg / The Decoder

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Amazon Invests Up to $25 Billion in Anthropic in Landmark $100 Billion AWS Partnership
Companies

Amazon Invests Up to $25 Billion in Anthropic in Landmark $100 Billion AWS Partnership

Amazon deepens its AI bet with a new $25 billion stake in Anthropic and a $100 billion AWS cloud commitment — mirroring an identical deal it struck with OpenAI just two months prior.

GeekWire

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SpaceX Acquires xAI in History's Largest Merger at $1.25 Trillion
Companies

SpaceX Acquires xAI in History's Largest Merger at $1.25 Trillion

Elon Musk merged SpaceX and xAI in February 2026, creating a $1.25-trillion combined entity with plans to build orbital data centers powered by Starlink satellite infrastructure — the largest acquisition in corporate history.

TechCrunch

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OpenAI Closes $122 Billion Round at $852 Billion Valuation, Setting Silicon Valley Record
Companies

OpenAI Closes $122 Billion Round at $852 Billion Valuation, Setting Silicon Valley Record

OpenAI has closed the largest private financing deal in Silicon Valley history, raising $122 billion at an $852 billion valuation anchored by Amazon, Nvidia, and SoftBank as the company prepares for its anticipated IPO.

Bloomberg

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OpenAI Closes Historic $122 Billion Funding Round at $852 Billion Valuation
Companies

OpenAI Closes Historic $122 Billion Funding Round at $852 Billion Valuation

OpenAI has completed the largest private funding round in history, raising $122 billion at an $852 billion valuation, with Amazon, Nvidia, and SoftBank among the lead investors.

TechCrunch

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ElevenLabs Raises $80M and Launches Dubbing Studio
Companies

ElevenLabs Raises $80M and Launches Dubbing Studio

ElevenLabs closes a funding round and launches an automatic dubbing tool supporting 29 languages.

TechCrunch

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Apple Acquires Cursor for $2 Billion
Companies

Apple Acquires Cursor for $2 Billion

Apple acquires Cursor, the AI-powered IDE, aiming to integrate deep AI capabilities into Xcode and its developer tools.

Bloomberg

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