Anthropic Eyes IPO as It Surpasses $47 Billion in Revenue
Anthropic, the AI model maker, raised $65 billion at a $965 billion valuation last week, signaling strong investor confidence ahead of an IPO.
Business
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The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
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Defense Tech, AI, and Fundraising Highlight StrictlyVC Los Angeles Event
StrictlyVC Los Angeles, set for June 18, will feature discussions on defense technology, AI, and fundraising trends, with notable speakers including Ethan Thornton and Carter Reum.
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Cloudflare CEO Warns of Pay-to-Crawl Future as Bots Overtake Humans
Cloudflare CEO Matthew Prince says bot traffic now makes up 57.4% of global HTTP requests, surpassing human traffic.
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Bain Study Finds Companies Miss AI Savings Targets Because Humans Keep Getting in the Way
A Bain & Company survey of 951 companies found 39 percent achieved less than 10 percent in AI cost savings, despite targeting 11 to 20 percent.
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Hello Robot Launches Stretch 4 for Home Assistance
Hello Robot unveiled Stretch 4, its fourth home assistance robot, priced at $30,000, designed to operate in real homes with real people.
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Apple Announces $1.4 Trillion in App Store Billings and Sales
Apple reported $1.4 trillion in app store billings and sales for 2025, up from $1.3 trillion in 2024, with 90% of transactions free from commission.
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Google, Microsoft, and OpenAI Address Water Use in Data Centers
Google, Microsoft, and OpenAI are adjusting cooling strategies to manage water use, with Google pledging to replenish more water than it consumes in some regions.
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OpenAI CEO Altman Predicts Proactive AI as Next Phase
OpenAI CEO Sam Altman outlined proactive AI as the next stage in AI development, following chatbots and agents, as rising costs challenge businesses.
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Quantinuum Launches Quantum Computing IPO Amid Uncertainty
Quantinuum, a quantum computing firm, plans to issue more shares at a higher price than expected, signaling strong investor interest despite financial losses.
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Lovable Signs Multi-Year Deal With Google Cloud to Up Usage 5x
Lovable, a fast-growing Stockholm startup, has signed a multiyear deal with Google Cloud to increase its usage of the cloud platform by fivefold, according to a source.
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Coralogix Raises $200M to Build Monitoring Layer for AI Agents
Coralogix, a Boston-based software monitoring startup, raised $200 million in Series F funding, valuing the company at $1.6 billion post-money.
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AI Music Startup Suno Doubles Valuation to $5.4 Billion
AI music startup Suno raised $400 million at a $5.4 billion valuation, doubling its value from seven months prior.