Amazon backed AI firm Anthropic valued at $61.5 billion after latest round

Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round

Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.

CNBC - 6h

A.I. Start-Up Anthropic Closes Deal That Values It at $61.5 Billion

The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.

The New York Times - 5h

Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues

Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry ...

VentureBeat - 5h

Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model

Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.

Inc. - 3h

Anthropic closes in on $3.5 billion funding round as investor interest soars

AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.

CNBC - Feb. 24

Anthropic’s valuation triples to $61.5bn in bumper AI funding round

Start-up raises $3.5bn from Silicon Valley venture firms in race against OpenAI and DeepSeek

Financial Times - 6h

Amazon's most powerful new Alexa features being powered by Anthropic's AI, sources say

Anthropic's Claude large language model is powering the majority of complex tasks for Amazon's new Alexa+, sources tell CNBC.

CNBC - 3d

MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases

Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforce

MarketWatch - Feb. 25

Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion

Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).

CNBC - Feb. 24

YouTube star MrBeast planning investment round that could value company at $5bn

Funds would be used to create holding company for 26-year-old’s growing empire of video and food businesses. The world’s biggest YouTube star, MrBeast, is planning to raise hundreds of millions of ...

The Guardian - 4d

North Korean hackers behind $1.5 billion crypto hack: Security firm

North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...

The Hill - Feb. 25

Anthropic Launches the World’s First ‘Hybrid Reasoning’ AI Model

Claude 3.7, the latest model from Anthropic, can be instructed to engage in a specific amount of reasoning to solve hard problems.

Wired - Feb. 24

Anthropic’s Newest AI Wants to Be a Pokémon Master. Here’s Why That’s a Big Deal

For Anthropic, having their AI play Pokémon is more than just a game—it shows how their system is improving.

Inc. - 4d

Energy Department scientists participate in 'AI Jam' with OpenAI, Anthropic

Nearly 1,000 scientists from multiple U.S. National Laboratories gathered Friday to test artificial intelligence (AI) models from leading firms like OpenAI and Anthropic in an effort to harness the ...

The Hill - 3d

Fantasy Baseball: 7 bounce-back candidates offering draft value

Fred Zinkie examines players coming off disappointing 2024 seasons who are ready to rebound for fantasy baseball managers.

Yahoo Sports - Feb. 24

6,000 IRS Employees Fired in Latest Round of Trump Cuts

Labor unions have sued to try to stop the mass firings, but this ruling has allowed them.

Inc. - Feb. 20

Neighbours cancelled for second time as Amazon backs out

Long-running Australian soap will be ‘resting’ from December, after streaming giant withdraws from production. Neighbours: the 10 best memories, from Scott and Charlene to Madge’s ghost The ...

The Guardian - Feb. 21

SoftBank Considers Borrowing $16 Billion to Fund AI

This would be on top of the $15 billion SoftBank has already committed to Stargate.

Inc. - 23h

Ofgem demands action from energy firms over back billing

The energy regulator is demanding to know how many people have been sent back bills.

BBC News - Feb. 22

Chinese tech firms take two steps forward, one step back

Well-founded rally remains in jeopardy from geopolitical risks

Financial Times - 6d

ICE signs $1 billion contract with private firm for New Jersey detention center

The U.S. Immigration and Customs Enforcement (ICE) said Wednesday it would reopen a 1,000-bed New Jersey detention center after signing a $1 billion contract with a private global lender. ICE will ...

The Hill - 4d

Amazon Debuts New Alexa Voice Assistant With AI Overhaul

It’s called Alexa+, and the idea behind it is that generative AI can take the voice assistant to the next level.

Inc. - 5d

With Its AI-Powered Alexa+, Amazon Just Put Apple on Notice

Amazon just showed off the AI future everyone is promising—including Apple.

Inc. - 5d

Anthropic’s Claude 3.7 Sonnet takes aim at OpenAI and DeepSeek in AI’s next big battle

Anthropic launches Claude 3.7 Sonnet AI with groundbreaking 'thinking time' controls, challenging OpenAI and DeepSeek while reshaping enterprise AI with unified reasoning capabilities and new ...

VentureBeat - Feb. 24

Anthropic says it's released its 'most intelligent' AI model yet as competition ramps up

Anthropic unveiled its latest frontier model, Claude Sonnet 3.7, on Monday and claims it's the company's "most intelligent" version yet.

CNBC - Feb. 24

Value investor Bill Nygren explains why Nvidia isn’t the best AI stock to own now

Look at companies that use AI effectively — not AI hardware manufacturers — Oakmark Fund manager says.

MarketWatch - 5d

After years of firm support, 10 days upended the US approach to Ukraine

As Ukraine approached the three-year mark of Russia’s full-scale invasion, the country’s hoped-for path to a favorable and lasting peace has been upended in a matter of days by the administration ...

ABC News - Feb. 22

Museums defend BP sponsorship after firm abandons climate targets

British Museum and Science Museum said BP’s decision to grow fossil fuel investment would not alter relationship. Business live – latest updates Two of Britain’s best-loved museums have been ...

The Guardian - 4d

DOGE Staffers at HUD Are From an AI Real Estate Firm and a Mobile Home Operator

Elon Musk's men at HUD come from the real estate sector. They have access to vast stores of personal and financial data—and control over who can access which HUD systems.

Wired - 5d

Dell forecasts $15 billion of AI server sales this year

Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.

CNBC - 4d

FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto

The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firm

ABC News - 4d

Brazilian city in Amazon declares emergency after huge sinkholes appear

In Buriticupu, about 1,200 people risk losing their homes, and residents have seen the problem escalate in 30 years. Authorities in a city in the Brazilian Amazon have declared a state of ...

The Guardian - Feb. 21

Who will be the next James Bond? Speculation mounts after Amazon buys 007

Daniel Craig's replacement will be Amazon's biggest decision after gaining control of the franchise.

BBC News - Feb. 22

Amazon bets savings from automation can help fuel AI spending boom

US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency drive

Financial Times - 5d

Amazon unveils revamped Alexa with AI features for $19.99 per month, free for Prime members

Amazon has been working for years to overhaul Alexa with generative AI features as it faced rising competition from OpenAI's ChatGPT and other chatbots.

CNBC - 5d

Eli Lilly's stock recovery chugs along, and Amazon's AI strategy adds a new pillar

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

CNBC - 5d

Rebuilding Alexa: How Amazon is mixing models, agents and browser-use for smarter AI

In rearchitecting the upgraded Alexa voice assistant, Amazon turned to model mixing to bring agentic capabilities to devices.

VentureBeat - 5d

Latest news on Pope Francis' health after lung infection, kidney failure

Pope Francis is still hospitalized after coping with a lung infection and several other health matters. CBS News contributor Delia Gallagher reports from Vatican City.

CBS News - Feb. 24

Japanese trading house shares surge after latest Buffett endorsement

Famed investor says his Berkshire Hathaway group is likely to take bigger stake in five groups

Financial Times - 6d

After waiting with bated breath, Wall Street absorbs Nvidia's latest earnings

Rarely has a single company's earnings report been so closely watched by Wall Street as a make-or-break moment for the broader market.

NBC News - 5d

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