Anthropic raised $65 billion in a Series H funding round, valuing the AI lab at $965 billion post-money, in one of the largest private funding rounds in tech history. Why it matters: With the round, Anthropic leapfrogs OpenAI, which was most recently valued at $730 billion. Driving the news: The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. - The company said the funding will support safety and interpretability research, expand compute capacity and scale Claude products and partnerships. - Anthropic said its run-rate revenue crossed $47 billion earlier this month. Zoom in: The round includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon. - Infrastructure…
Anthropic raised $65 billion in a Series H funding round, valuing the AI lab at $965 billion post-money, in one of the largest private funding rounds in tech history. Why it matters: With the round, Anthropic leapfrogs OpenAI, which was most recently valued at $730 billion. Driving the news: The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. - The company said the funding will support safety and interpretability research, expand compute capacity and scale Claude products and partnerships. - Anthropic said its run-rate revenue crossed $47 billion earlier this month. Zoom in: The round includes $15 billion of previously committed hyperscaler investments, including $5 billion from Amazon. - Infrastructure…Open
The Department of Justice is investigating the nonprofit of billionaire Reid Hoffman, which made contributions that were partially used for E. Jean Carroll's legal expenses during her civil lawsuit against President Trump , a source familiar tells Axios. Why it matters: The investigation raises concerns about a pattern of retaliation against Trump critics while testing the independence of DOJ officials. - Hoffman, a LinkedIn co-founder, has donated millions to Democratic causes and the party over the years and is a longtime Trump critic. The president previously alleged Hoffman is a funder of "radical left" groups that promote political violence. What they're saying: "The investigation is more focused on Reid Hoffman's nonprofit,"…
The Department of Justice is investigating the nonprofit of billionaire Reid Hoffman, which made contributions that were partially used for E. Jean Carroll's legal expenses during her civil lawsuit against President Trump , a source familiar tells Axios. Why it matters: The investigation raises concerns about a pattern of retaliation against Trump critics while testing the independence of DOJ officials. - Hoffman, a LinkedIn co-founder, has donated millions to Democratic causes and the party over the years and is a longtime Trump critic. The president previously alleged Hoffman is a funder of "radical left" groups that promote political violence. What they're saying: "The investigation is more focused on Reid Hoffman's nonprofit,"…Open
The disaster at the mill in Longview, Wash., that took at least two lives was greeted with sadness but not surprise by a community that knew cutbacks and other pressures had raised risks.
Abhijeet Dipke’s “Cockroach Janta Party” has emerged as the unexpected voice of young people feeling let down by the government and struggling to find jobs.
After attacking the Texas attorney general, who won the G.O.P. nomination, Senate Republicans are pivoting sharply to support him in what is now a competitive race.
The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water.