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Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.- Who truly leads the AI industry now? Anthropic’s $965 billion valuation and Claude Opus 4.8 launch reignite the battle for AI supremacy beyond OpenAI’s early leadWho truly leads the AI industry now? As Anthropic reaches a $965 billion valuation and launches Claude Opus 4.8, the AI race enters a new p...
- Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding roundThe company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI ra...
- Anthropic raises $65 billion, now valued at $965 billionAnthropic said on Thursday it has raised $65 billion in a series H funding round, valuing it at $965 billion post-money.
- Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
- Anthropic has agreed terms for $30 billion funding deal at $900 billion valuation: FTAI firm Anthropic is reportedly nearing a $30 billion fundraising round, valuing the company at $900 billion. This significant valuation su...
- Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...
- Former DeepMind researchers bet on visual AI with new startupAndrew Dai has launched Elorian, a startup aiming to improve AI’s ability to understand and reason about visual information. Backed by majo...
- OpenAI set to raise about $10 billion from MGX, Coatue, ThriveOpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backe...
- VCs break taboo by backing both Anthropic, OpenAI in AI battleSequoia Capital and Altimeter Capital, for example, are both expected to invest in Anthropic’s latest financing, which is set to bring in m...
- OpenAI close to finalising its $40 billion SoftBank-led fundingOpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue Management, and Foun...
- Cut jobs, shareholder tells Facebook parent MetaThe suggestion was made by the technology-focused hedge fund an open letter to Chief Executive Mark Zuckerberg. Altimeter has a 0.1% stake ...
- Cut workforce, spending on metaverse, key investor tells Mark ZuckerbergBrad Gerstner, CEO of Altimeter Capital, which holds 2.46 million shares in Meta, has written an open letter to its founder Mark Zuckerberg...
- Grab slumps in US debut after record SPAC merger dealShares in Grab, Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut following the company’s r...
- Grab's Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefulsGRAB-Analysis: Grab's Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefuls
- Singapore's Grab to go public in world's biggest $40 bn SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- Singapore's Grab to go public in world's biggest $40 billion SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- SoftBank-backed Grab said to weigh US IPO via SPAC mergerGrab Holdings is in talks to go public through a merger with an SPAC controlled by Altimeter Capital Management that could value the SoftBa...
- Actis, Altimeter put $82 million in Pine Labs to grow rootsThough the company did not reveal the details around the split between the primary and the secondary component, its CEO Lokvir Kapoor said:...
- Practo to explore overseas markets with $55 million Series-D fundingThe company said it plans to use these funds to further integrate its platform and for global expansion. The total funds raised by Practo n...
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