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Anthropic raises $13 billion, now valued at $183 billion

Anthropic, the startup behind the Claude AI chatbot, said it has completed a $13 billion round of fundraising.

The Series F round gives the company a valuation of $183 billion, securing its place in the elite group of leading AI startups alongside OpenAI and xAI.

The round was led by ICONIQ along with Fidelity Management & Research and Lightspeed Venture Partners. Other investors in this round included the Qatar Investment Authority, BlackRock, and Blackstone.

Anthropic is reportedly closing in on $5 billion in annualized revenue, but is burning through cash at an high rate, as the cost of running its Claude models grows. The Information reported that the company expects to burn $3 billion this year, after burning $5.6 billion in 2024.

Amazon has invested $8 billion in the startup, and Anthropic also counts Google and Qualcomm as investors.

The Series F round gives the company a valuation of $183 billion, securing its place in the elite group of leading AI startups alongside OpenAI and xAI.

The round was led by ICONIQ along with Fidelity Management & Research and Lightspeed Venture Partners. Other investors in this round included the Qatar Investment Authority, BlackRock, and Blackstone.

Anthropic is reportedly closing in on $5 billion in annualized revenue, but is burning through cash at an high rate, as the cost of running its Claude models grows. The Information reported that the company expects to burn $3 billion this year, after burning $5.6 billion in 2024.

Amazon has invested $8 billion in the startup, and Anthropic also counts Google and Qualcomm as investors.

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🤖 75%

On Wednesday, Google CEO Sundar Pichai said in a blog post that AI is now writing 75% of new code at the company. This is up from 50% last fall. Pichai said all code is “approved by engineers.”

Google announced new TPU 8 chips today at its annual Cloud Next event. Pichai wrote:

“We’re now shifting to truly agentic workflows. Our engineers are orchestrating fully autonomous digital task forces, firing off agents and accomplishing incredible things.”

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Tesla just opened the door to 50,000 government buyers

Tesla signed a deal that lets more than 50,000 public agencies — including police departments and school districts — buy its vehicles without the usual slow bidding process, making it much easier to compete in a market long dominated by Ford and General Motors. The public sector currently represents less than 1% of Tesla’s sales.

The move doesn’t guarantee orders, but it removes a major barrier at a time when Tesla is looking for new demand to bolster its main source of revenues. Tesla’s Q1 deliveries fell short of analyst expectations and annual sales have declined for two years in a row. The public sector also represents a large pool of buyers who are beyond Elon Musk’s other companies.

Tesla reports earnings after the bell today.

The move doesn’t guarantee orders, but it removes a major barrier at a time when Tesla is looking for new demand to bolster its main source of revenues. Tesla’s Q1 deliveries fell short of analyst expectations and annual sales have declined for two years in a row. The public sector also represents a large pool of buyers who are beyond Elon Musk’s other companies.

Tesla reports earnings after the bell today.

Google TPU 8i  chip

Google shares jump on new TPU 8 chips, enterprise agent platform, and partnership with Nvidia

The raft of announcements from Google’s Cloud Next ’26 event sent shares up in early trading.

tech

How Elon Musk has shifted SpaceX’s goals ahead of its IPO

The New York Times took a close look at how Elon Musk is reshaping SpaceX’s priorities ahead of its highly anticipated, potentially record-breaking IPO — and what that could mean for the company and its investors.

As the NYT’s Ryan Mac noted in the article, “Shifting aims before an I.P.O. would be unthinkable for most corporate leaders, who tend to focus on their core businesses and try to project steadiness to potential investors.”

But Musk, who is also the ever-unpredictable CEO of Tesla, doesn’t follow typical playbooks. Here’s a quick look at how SpaceX’s goals have changed:

But Musk, who is also the ever-unpredictable CEO of Tesla, doesn’t follow typical playbooks. Here’s a quick look at how SpaceX’s goals have changed:

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