OpenAI's Biggest Backers Are Now Betting on Its Rival Anthropic
Anthropic is closing a $30 billion funding round at a $900 billion valuation, with four major investors—three of whom are also top OpenAI backers—leading the charge.
Amazon
Most RecentModal's Revenue Hits $300M as It Eyes $4.5B Funding Round
Modal's annual revenue hits $300M, five times last fall, driven by AI agent sandbox demand. The company eyes a $4.5 billion valuation in a new funding round.
Microsoft lost Cursor to Musk, now bids for $1B AI startup Inception
Microsoft is on an AI startup buying spree as it prepares to go independent from OpenAI. After losing Cursor to SpaceX, it's now competing for Inception, a startup valued at over $1 billion.
TabPFN-3 processes a million rows in a single pass — no tuning needed
Recursive, founded by former DeepMind chief scientist Tim Rocktäschel, wants AI to run its own experiments. The startup just raised $650M at a $4.65B valuation.
Amazon employees are 'tokenmaxxing' to pad AI usage stats
Amazon employees are using an internal AI agent tool called MeshClaw to inflate their token consumption on company leaderboards, gaming metrics meant to justify the tech giant's massive AI spending.
Anthropic’s Claude Platform lands on AWS with zero-lag API sync and unified billing
Artificial Analysis' first Coding Agent Index ranks AI programmers: Cursor CLI with Opus 4.7 scores 61, beating Codex and Claude Code by one point, but with trade-offs in time and cost.
Amazon and Google Hunt for Cheap Debt to Fund $725B AI Arms Race
Thariq explains why he and the Claude Code team prefer HTML over markdown for AI-generated artifacts — richer visuals, easier sharing, and interactive documents.
Big Tech’s Cash Flow Plunges to $4 Billion as AI Spending Surges
DeepSeek founder Liang Wenfeng plans to personally invest up to 20 billion RMB (~$2.7B) in the company's first funding round, raising valuation to over $51.5B. The startup also announces its V4.1 update for June.
Microsoft's $1 Billion OpenAI Investment Was a Fear-Driven Gamble, Emails Reveal
Internal Microsoft emails from 2017-2018 reveal executives were unenthusiastic about investing in OpenAI, but fear that OpenAI might go to Amazon drove them to eventually bet $1 billion — a deal that later grew to $13 billion.
Anthropic Plans $50B Funding Round, Tops OpenAI at $900B Valuation
Anthropic is raising up to $50B at a $900B valuation, eclipsing OpenAI, as annual revenue soars to $45B fueled by enterprise tools. It's also prepping for a possible IPO.