According to a report in The Wall Street Journal, Anthropic is seeking to raise $2 billion, valuing the company at $60 billion. To date, the AI startup has received over $8 billion in investments from Amazon alone and has also received investments from Alphabet and Qualcomm. This follows a busy year of eye-popping fundraising for AI companies as they seek capital to fund expensive new models. This valuation would put it in the top five valuations for AI companies.
Netflix is raising its subscription prices for the fourth time in four years, a move first spotted by Android Authority.
Per Netflix’s US pricing page, the cost of an ad-supported plan is climbing $1 to $8.99 per month, while the cost of a standard ad-free plan is going up $2 to $19.99 per month. The premium tier has also risen $2 to $26.99 per month.
The streamer last raised its subscription costs more than a year ago in January 2025. It also hiked prices in 2023, 2022, 2020, and 2019. Netflix shares climbed about 2% on the news.
“Our approach remains the same: we continue offering a range of prices and plans to meet a variety of needs, and as we deliver more value to our members we are updating our prices to enable us to reinvest in quality entertainment and improve their experience by updating our prices,” said a Netflix spokesperson, in a statement to Sherwood News.
The streamer last raised its subscription costs more than a year ago in January 2025. It also hiked prices in 2023, 2022, 2020, and 2019. Netflix shares climbed about 2% on the news.
“Our approach remains the same: we continue offering a range of prices and plans to meet a variety of needs, and as we deliver more value to our members we are updating our prices to enable us to reinvest in quality entertainment and improve their experience by updating our prices,” said a Netflix spokesperson, in a statement to Sherwood News.
The retailer’s apparel and accessories sales hit their lowest point since the pandemic last year.
