Gamma, the AI‑powered platform that creates presentations, websites and social media posts, announced a $68 million Series B round that lifts its valuation to $2.1 billion. Led by Andreessen Horowitz, the round also includes participation from Accel, Uncork Capital and other existing investors. Co‑founder and CEO Grant Lee said the company has reached $100 million in annual recurring revenue on a profitable basis and now serves roughly 70 million users. The funding will support further product development and global expansion. Read more →

Anthropic is targeting up to $70 billion in revenue and $17 billion in cash flow by 2028, driven by rapid adoption of its AI business products. The firm expects its current‑year API sales to reach $3.8 billion, more than double OpenAI’s projected $1.8 billion from the same channel. Partnerships with Microsoft, Salesforce, Deloitte and Cognizant are expanding Claude’s enterprise footprint, while new, cost‑effective models such as Claude Sonnet 4.5 and Claude Haiku 4.5 aim to capture large‑scale deployments. A recent $13 billion financing round valued Anthropic at $170 billion, and future fundraising could push the valuation toward $300–$400 billion. The company also reports a $2.5 billion credit facility and a $1.5 billion legal settlement. Gross‑profit margins are projected to rise to 50% this year and 77% by 2028, marking a dramatic turnaround from a negative 94% margin last year. Read more →