Anthropic has reached $1.4 billion in annualized revenue as of this month, according to a person with direct knowledge of the companyâs finances, implying monthly revenue of around $116 million. The OpenAI competitorâs revenue has increased from the $1 billion in annualized revenue that ... Read more âș
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Anthropicâs year is off to a good start. Its annualized revenueâa measure of the past month's revenue multiplied by 12âhas grown from $1 billion at the end of last year to $1.4 billion as of earlier this month, according to a person who has seen the numbers. In other words, Anthropic is generating more than $115 million a month. Thatâs roughly the same revenue pace its rival OpenAI reached in... Read more âș
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After Sridhar Ramaswamy became CEO of database provider Snowflake a year ago, customers such as banks and healthcare firms said they might move their business elsewhere because they felt they couldnât safely access artificial intelligence from OpenAI, Anthropic or Google through Snowflakeâs core product. Some customers considered switching to rival products from Amazon and Microsoft that grant access to cutting-edge AI while preventing customersâ business data from leaking to the... Read more âș
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The sudden rise of DeepSeek represents an opportunity for banks and financial firms to access a low-cost but still sophisticated artificial intelligence modelâif only it wasnât from China. Geopolitical tensions between Washington and Beijing, along with perceived security risks posed by the Chinese-made AI tool, have kept U.S. banks from even experimenting with DeepSeek. Read more âș
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Larry Ellison has done a remarkable job of making Oracle part of the conversation around artificial intelligence data centers alongside much bigger cloud rivals such as Microsoft and Google. But as Oracleâs February-quarter results, released on Monday night, show, the enterprise software firm is hitting the limits of what it can spend on new data centers, at least without borrowing a bucketload of money. Ellison himself may have more financial... Read more âș
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Oracleâs stock was up slightly after hours on Monday after the company indicated that its business of renting out servers for artificial intelligence will help boost revenue 15% to $66 billion in the fiscal year that begins in June compared to 7% growth on average in recent quarters. CEO Safra ... Read more âș
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CoreWeave, an Nvidia-backed cloud provider, has signed a five-year deal to rent AI servers to OpenAI, according to a Reuters report. As part of the cloud deal, OpenAI will also get a stake in CoreWeave expected to be worth $350 million when the company goes public. CoreWeaveâs largest customer ... Read more âș
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Amazon Prime Video has licensed the streaming rights for the first seven seasons of âThe Apprentice,â a reality-TV competition show that was hosted by President Donald Trump and originally premiered on NBC in 2004. The deal deepens the relationship between the tech giant and the current ... Read more âș
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Sam Altman, Elon Musk and other artificial intelligence leaders dominate headlines as they raise unprecedented funds. But talent, not capital, has separated the winners and losers in generative AI. Weâve identified 20 up-and-coming researchers who have been at the forefront of their firmsâ successes but whose names typically arenât found in news articles. We chose them based on conversations with employees and managers who work with or compete against them.... Read more âș
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Mortgage firm Rocket agreed to buy Redfin at a valuation of $2.4 billion, a 50% premium to where the real estate brokerage has been trading. The companies said the deal would unite firms engaged with two sides of the home buying sector. The deal follows a difficult period of several years ... Read more âș
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ServiceNow is buying AI startup Moveworks for $2.85 billion, the enterprise software firm announced first thing this morning, an effort by ServiceNow to get a jump on agent-powered services. We included Moveworks in our Generative AI Takeover List, which you can see here. And now on to the rest of the columnâŠWeâve written a lot about how investors have warmed to AI applications businesses, in part because of how much... Read more âș
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ServiceNow will acquire AI startup Moveworks for $2.85 billion in cash and stock, the enterprise software firm said Monday morning, as it attempts to get a jump in the race to sell AI agent-powered software to businesses. Moveworks sells AI assistant software, used by sales teams and to provide ... Read more âș
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Celsiusâ $1.8 billion purchase of influencer-founded energy drink brand Alani Nu last month sparked fresh hope among investors in startups touting healthier versions of mainstream food and beverage brands. Among the fast-growing brands that could be the next targets for purchase are Good Culture, which sells cottage cheese packaged in single servings, and Chomps, which is targeting $1 billion in retail sales of meat sticks and other snacks this year,... Read more âș
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ServiceNow is close to buying Moveworks, a 9-year-old startup that sells artificial intelligence to handle IT support tickets, for $3 billion, according to a person familiar with the deal talks. The deal, if struck, would be a departure for ServiceNow, which has stuck to smaller ... Read more âș
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President Donald Trump said he was dealing with âfour different groupsâ of potential buyers for TikTok. âA lot of people want it and itâs up to me,â he told reporters on Air Force One Sunday. Trump didnât elaborate on who the potential buyers are. Some groups, such as one led by former ... Read more âș
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Cohere, one of the earliest venture-backed developers of artificial intelligence models, is teaming up with a subsidiary of electronics giant LG to develop highly localized AI products for businesses in South Korea, the companies said Monday. Canada-based Cohere, which has faced tough ... Read more âș
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Uber and Lyft dominate ride-hailing in North America, a position that has helped them turn cash-burning operations into moneymakers. Now Bolt, an Uber rival in Europe and Africa, is trying to undercut the two ride-hailing companies in their home markets. Earlier this year, Bolt started offering ride-hailing services in Toronto and scooter rentals in Washington through the Hopp app. Bolt is using the same playbook that it uses for its... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: We know how Project Stargate beginsâą The Top 5: The think tanks that matter to Trump and techâą Plus, our Recommendations: Anne Frank in America; how to make a millennial LOL; and when heart cancer warms the heart In Washington, time is a malleable concept. In some moments, it seems like nothing there can ever happen fast. And thenâzip, zip, zzzzip. The... Read more âș
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In the new Trump era, Washington and Silicon Valley are increasingly merged together, with scores of the top tech talent decamping for the capital. And in this upended landscape, a new wave of think tanks has emerged as a critical player. Many of them have direct ties to tech through funding and board members, and all are assembling research and policy proposals that would deeply affect the tech industry in... Read more âș
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The Department of Justice, in a filing Friday, reaffirmed its demand that a federal court should force Google to sell its Chrome browser to remedy the companyâs illegal search monopoly. In the filing Friday, the Justice Department reiterated many aspects of its proposed final judgment, including ... Read more âș
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23.03.2026 19:26
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