Meta takes on OpenAI and Anthropic in enterprise AI

Meta takes on OpenAI and Anthropic in enterprise AI

Meta Platforms on Wednesday unveiled an AI agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at the company’s WhatsApp-focused Conversations conference in London, the new product expands on existing business messaging services by enabling “agentic” capabilities in which the assistant…

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AI giant Anthropic files for landmark US listing

AI giant Anthropic files for landmark US listing

AI giant Anthropic has confidentially filed for a US initial public offering, teeing up what could become a watershed moment for Wall Street’s AI frenzy. The move sets up a high-stakes test of whether investor appetite for the AI revolution that has reshaped white-collar work around the world can match the sky-high expectations surrounding the…

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Anthropic tops valuation of AI pioneer OpenAI

Anthropic tops valuation of AI pioneer OpenAI

Anthropic has raised US$65-billion at a post-money valuation of $965-billion, as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series-H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852-billion post-money in March. “Since our series-G in…

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Amazon and Anthropic forge massive 5 billion alliance to dominate AI

Amazon and Anthropic forge massive $125 billion alliance to dominate AI

Amazon and Anthropic have dramatically expanded their strategic partnership, moving beyond simple venture funding into a massive, decade-long infrastructure and capital commitment. In an announcement today, Amazon revealed a new $5 billion direct investment in the AI safety and research firm, accompanied by an unprecedented $20 billion in milestone-based payments. This follows two previous $4…

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Anthropic mulls building its own AI chips

Anthropic mulls building its own AI chips

Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. The plans are in early stages and the company may still decide to only buy AI chips and not design…

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