Anthropic closes in on $20B round

Anthropic is in the final stages of raising $20 billion in new capital at a valuation of $350 billion, Bloomberg reportsDue to demand from investors the company had to raise twice the amount it had set out to receive. The company raised $13 billion in equity funding. just five months agoBut intense competition among frontier…

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Is Wall Street losing faith in AI?

A tough week for tech stocks could be a sign of investors’ loss of confidence in artificial intelligence. Wall Street Journal report The Nasdaq Composite Index was down 3% – making it its worst week ever President Donald Trump announces his sweeping tariff plan In April. Tech companies that have performed well this year were…

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Apple and Microsoft are now both worth more than $4T

Both Apple and Microsoft are now worth more than $4 trillion. This is the first time Apple’s market capitalization has crossed the $4 trillion mark, making it the third company to cross this milestone after Nvidia and Microsoft. Redmond first crossed this figure julyBut after this its valuation came down slightly to $3.9 trillion, but…

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