Anthropic has given investors just 48 hours to commit to its next fundraising round, which insiders say could bring in about $50 billion and close within two weeks. The company is aiming for a valuation near $900 billion—potentially higher—while gearing up for an IPO later this year. Early backers who invested in 2024 or earlier are sitting out, hoping to cash out when the stock debuts. The capital will fund Anthropic’s expanding compute infrastructure as its revenue run rate climbs toward $40 billion. Read more →

Legora, the Swedish‑born legal‑tech startup, announced a $50 million Series D extension that pushes its post‑money valuation to $5.6 billion. The round, led by Nvidia’s corporate venture arm NVentures, follows a $550 million Series D completed a month earlier and comes as the company reports $100 million in annual recurring revenue. Legora’s rapid growth pits it against rival Harvey, which recently posted an $11 billion valuation, sparking a high‑stakes battle for market share among law firms worldwide. Read more →

Artificial‑intelligence startup Anthropic is fielding preemptive bids to raise as much as $50 billion, potentially valuing the company at $850‑$900 billion. Sources say the round could total $40‑$50 billion and that investors are eager to commit, even before the firm decides at a May board meeting. Anthropic’s revenue run rate has surged past $30 billion, driven by its Claude coding tools, prompting investors to see untapped growth in sectors like finance and healthcare. The company has not commented on the fundraising talks. Read more →

The S&P 500’s Shiller CAPE ratio now sits at 38‑40, the highest level in 155 years aside from the March 2000 dot‑com peak. While market concentration and lofty valuations echo 2000, leading AI firms such as Nvidia, Microsoft, and Alphabet generate cash at historic rates. Analysts debate whether the AI rally will end in a bust or prove sustainable, hinging on whether the $660‑$690 billion annual hyperscaler capex delivers returns. The outcome will decide if today’s prices look like a bubble or a justified premium for a profitable new wave of technology. Read more →