Mistral signs Airbus and BMW for industrial AI. Wall Street builds futures markets for GPU compute. Warren proposes taxing AI companies. And Snowflake bets $6 billion on Amazon chips over Nvidia.
Anthropic officially closes its $65 billion funding round at a $965 billion valuation, surpassing OpenAI and signaling an IPO is next. Plus: a brand new Claude model, the coding AI startup Devin triples its valuation to $26 billion, and Visa quietly starts building payment rails for AI agents.
The Pope issued the first ever papal document on AI and brought Anthropic’s co-founder to the Vatican. Anthropic is about to close at a $900 billion valuation, more than doubling in three months. Andrej Karpathy, who co-founded OpenAI, just joined Anthropic’s pretraining team. And Anthropic is in federal court fighting the Pentagon over weapons guardrails.…
Anthropic is projecting its first ever operating profit of $559 million on $10.9 billion in Q2 revenue. Claude has overtaken ChatGPT among paying businesses per Ramp data covering 50,000 companies. Musk’s xAI faces an NAACP lawsuit over 46 gas turbines in Mississippi. And nine jurors are now deliberating the future of OpenAI.
OpenAI files for IPO targeting September, Anthropic unveils Dreaming so agents learn from their own mistakes, Sam Altman buys equity in all 169 YC startups with tokens, and Anthropic is paying SpaceX $1.25 billion a month and still needs more servers.
Anthropic grew 80x and had to rent Musk’s Memphis data center. Nvidia wants billions of AI agents to run on its new CPU. A startup nobody has heard of raised $700 million to build the AI device nobody has seen. And Google’s new AI Search broke on the word “disregard.”
OpenAI’s reasoning model disproves an 80-year-old geometry conjecture. GitHub loses 3,800 internal repos to an 18-minute VS Code attack. Trump kills his own AI executive order after calls from Musk and Zuckerberg. And Anthropic’s Jack Clark tells Oxford that AI will win a Nobel Prize in 12 months, and might also end humanity. Just another…
Google’s Gemini Spark plants an AI agent inside your inbox and never sleeps. Meta fires 8,000 people to fund $145 billion in AI. Nvidia admits it has walked away from China and Huawei is winning. And nine jurors told Elon Musk his lawsuit against OpenAI was filed too late.
Nvidia reported record quarterly revenue of 81.6 billion dollars, up 85 percent year over year, with data center sales alone reaching 75.2 billion dollars as demand for its Blackwell AI chips continues to overwhelm supply.
Mustafa Suleyman, CEO of Microsoft AI, told the Financial Times that AI will achieve human-level performance on virtually all professional white-collar tasks within twelve to eighteen months, naming accounting, legal, marketing, and project management as among the most exposed roles.