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Google to Invest Up to $40 Billion in Anthropic, Deepening AI Partnership
Google plans to invest up to $40 billion in Anthropic at a $350 billion valuation. The massive deal intensifies the AI arms race and is reshaping venture capital dynamics for crypto startups.
Anthropic Shares in Short Supply: Buyers Offer $2B While OpenAI Stock Loses Appeal
Anthropic has become the hottest stock on the secondary market for private companies, while OpenAI shares trade at a discount. Meanwhile, SpaceX prepares for a record-breaking IPO valued at over $2 trillion.
OpenAI Raises $122B at $852B Valuation, Announces Universal AI Superapp
OpenAI closed a $122 billion funding round at an $852 billion valuation. The company plans to build a unified AI superapp combining ChatGPT, Codex, a browser, and AI agents.
Transak Founder Says VCs Have Rewritten the Rules for Crypto Startup Funding as Midas Raises $50M
Transak founder Sami Start says venture capital firms have become far more selective in crypto deals, prioritizing infrastructure over abstract ideas. Meanwhile, Midas closed a $50M Series A round.
Tether Backs Utexo's $7.5M Seed Round to Bring Native USDT to Bitcoin
Startup Utexo raised $7.5M led by Tether, Big Brain Holdings, and Portal Ventures to enable native USDT transactions on the Bitcoin blockchain via Lightning Network channels.
Nvidia CEO Hints at Ending Investments in OpenAI and Anthropic
Jensen Huang said Nvidia's recent $30 billion investment in OpenAI could be its last, citing the AI startup's upcoming IPO. A similar fate likely awaits the company's $10 billion stake in Anthropic.
OpenAI Secures Record $110 Billion Round at $730 Billion Valuation
OpenAI closed the largest startup funding round in history at $110 billion, backed by Amazon, SoftBank, and Nvidia, with a $730 billion valuation.
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