Nvidia-backed AI video platform Synthesia doubles valuation to $2.1 billion

• 

  AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

  The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.
  
  Inc. - 6d

• AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal

  Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
  
  MarketWatch - 6d

• Anthropic’s $60 billion valuation would obscure a stark reality in AI

  Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...
  
  MarketWatch - Jan. 8

• Anthropic in talks to raise funding at $60 billion valuation

  AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.
  
  CNBC - Jan. 7
• 

  AI start-up Anthropic closes in on $60bn valuation

  Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sector
  
  Financial Times - Jan. 7
• 

  Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

  The company plans to grow the company’s Azure cloud business in India and set up new data centers.
  
  The Wall Street Journal - Jan. 7
• 

  Nvidia launches blueprint for AI agents that can analyze video

  Today as part of its CES 2025 opening keynote by CEO Jensen Huang, Nvidia launched a blueprint for AI agents that can analyze video.
  
  VentureBeat - Jan. 7
• 

  Nvidia Drive Hyperion platform passes key safety assessments for autonomous vehicles

  Nvidia today announced that its autonomous vehicle (AV) platform, Nvidia Drive AGX Hyperion, has passed industry-safety assessments.
  
  VentureBeat - Jan. 7
• 

  Nvidia launches Cosmos World Foundation Model platform to accelerate physical AI

  Nvidia launched its Cosmos World Foundation Model platform to accelerate physical AI development.
  
  VentureBeat - Jan. 7
• 

  Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

  Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...
  
  GameSpot - Jan. 6

More from CNBC

• Meta announces 5% cuts in preparation for 'intense year' — read the internal memo

  Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.
  
  CNBC - 11h

• SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership

  The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares at "artificially low prices."
  
  CNBC - 9h

• JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

  JPMorgan's results will be closely watched for signs that industry optimism is warranted.
  
  CNBC - 5h

• Intel to spin off venture capital arm as chipmaker continues to restructure

  Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm.
  
  CNBC - 11h

• Goldman Sachs is about to report fourth-quarter earnings

  Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.
  
  CNBC - 5h

More in Business

• 

  Gilt investors warn Reeves she may need to raise taxes

  Chancellor is trying to reassure bond market after UK borrowing costs rose to highest level since financial crisis
  
  Financial Times - 16m

• These Chinese apps have surged in popularity in the U.S. A TikTok ban could stop them in their tracks

  A law that could see TikTok shut down in the U.S. threatens to ensnare other Chinese social media apps gaining traction in the country, legal experts say.
  
  CNBC - 20m

• German economy contracts 0.2% in 2024 in second consecutive annual slowdown

  The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe's largest economy.
  
  CNBC - 21m

• Companies are expected to post their best earnings growth in 3 years. The biggest gains won’t come from Big Tech.

  Financials should be the biggest profit gainers this earnings season — but as Trump returns, trends could be “much more volatile than Trump 1.0,” analyst says.
  
  MarketWatch - 22m

• There’s a $34 billion deal in the works to create a testing and inspection giant

  Two European testing, inspection and inspection companies are in talks on a merger that would create a dominant player in the space potentially worth more than €33 billion ($34 billion).
  
  MarketWatch - 23m