Anthropic announced it is raising twice the amount originally planned, increasing its target from $10 billion to $20 billion. The expanded round aims to bring the company’s valuation to $350 billion and includes investors such as Sequoia Capital, Singapore’s sovereign wealth fund, and Coatue. The move follows a prior $13 billion raise that set a $183 billion valuation and follows reports that the firm is preparing for an initial public offering later this year. Read more →

Sequoia Capital is set to invest in Anthropic, the AI startup behind the Claude language models, as part of a multi‑billion‑dollar raise led by GIC and Coatue. The deal, valued at over $350 billion, signals a shift in venture‑capital strategy, with Sequoia backing competing AI firms simultaneously. Analysts view the round as a benchmark for private AI valuations and a catalyst for increased global capital flow into the sector, while European stakeholders watch for implications on regional AI ecosystems. Read more →

Anthropic has retained law firm Wilson Sonsini to begin preparations for an initial public offering that could occur as early as 2026. The AI startup is running an internal checklist and exploring a new funding round that might value the company at over $300 billion. While no underwriter has been selected, the firm is in talks with investment banks and continues to build on its recent $13 billion raise that set its valuation at $183 billion. The move comes as peers such as OpenAI are also testing IPO waters. Read more →

OpenAI sold $6.6 billion worth of shares held by current and former employees, a transaction that lifted its valuation to $500 billion, the highest ever for a privately held firm. The sale, which involved investors such as SoftBank, Dragoneer Investment Group, Thrive Capital, MGX and T. Rowe Price, was not a traditional funding round because the proceeds went directly to shareholders. The move comes amid heightened competition with Meta’s AI lab, recent large‑scale funding rounds, and strategic partnerships with Oracle, Nvidia and Microsoft, while the company continues to roll out new products like the Sora 2 video model. Read more →

Enterprise AI model maker Cohere announced a $100 million extension to its recent financing, pushing its valuation to $7 billion. The company also unveiled a partnership with AMD, enabling its Command-family models to run on AMD Instinct GPUs while maintaining support for Nvidia hardware. Co‑founder Aidan Gomez, noted for his role in the original transformer paper, highlighted the focus on enterprise customers seeking AI sovereignty. New investors include the Business Development Bank of Canada and Nexxus Capital Management. The announcement was made at a TechCrunch event in San Francisco. Read more →

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more →

AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more →

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Read more →

AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Read more →

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Read more →

AI chip startup Groq announced a $750 million financing that lifts its post‑money valuation to $6.9 billion. The round, led by Disruptive with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and existing backers such as Samsung, Cisco and Altimeter, more than doubles the company’s valuation from a year ago. Groq’s LPUs – marketed as inference engines – are positioned as a non‑GPU alternative for AI workloads, and the firm now claims to power the AI applications of over two million developers. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more →