Anthropic hits $350B valuation (not a typo)
π4 min read
π° Anthropic Hits $350B Valuation, Economy Still Makes Sense Apparently
Anthropic is closing a $20B+ funding round at a $350 BILLION valuation. Nvidia and Microsoft are dropping $15B alone. That's "buy a small country" money.
Why it matters: VCs are literally throwing money at the void hoping it returns as AGI. The bubble isn't popping - it's achieving escape velocity. (source)
π’ Harvey Wants $11B for... Legal AI??
Legal AI startup Harvey is raising $200M at an $11B valuation after hitting $190M ARR. Yes, a chatbot for lawyers is worth more than most airlines.
Why it matters: Turns out the most lucrative AI market isn't replacing artists - it's replacing billable hours. Lawyers in shambles. (source)
πΈ Apollo Loans $3.4B to Help Elon Lease GPUs (Again)
Apollo Global is giving xAI another $3.4 BILLION loan to lease Nvidia chips. This is their SECOND chip-leasing deal after a $3.5B one in November (??)
Why it matters: We've invented GPU mortgages. The AI bubble has its own financial instruments now. This is fine!! (source)
πΊ OpenAI Tests Ads, ChatGPT Era Officially Over
Sam Altman says ChatGPT is growing 10% monthly, so naturally they're testing ads. $200K minimum spend btw. Also Codex usage is up 50% weekly somehow??
Why it matters: The enshittification speedrun begins. Next up: ChatGPT Premium Plus Ultra Pro Max (no ads for $99/month). (source)
π¬ ByteDance's Seedance 2.0 Makes Hollywood Sweat
ByteDance dropped Seedance 2.0 with native audio, 2K resolution, and 15-second outputs that look like actual cinema. It handles text, image, audio, AND video inputs.
Why it matters: Chinese AI labs are casually revolutionizing video production while we're still arguing about watermarks. RIP film industry (2026-2026). (source)
π Anthropic Wants 10 GIGAWATTS of Data Centers
Anthropic is hiring Google/Stack Infrastructure execs to lease 10GW of data center capacity. That's "small nation" levels of power consumption.
Why it matters: AI companies aren't just software anymore - they're becoming infrastructure monopolies. Very normal, very cool!! (source)
π Cisco Makes a Chip That Actually Does Something
Cisco's Silicon One G300 promises to make AI jobs 28% faster by auto-routing around network problems. They're taking on Nvidia's networking dominance.
Why it matters: Finally, someone realized the bottleneck isn't compute - it's making the computers talk to each other. Revolutionary concept. (source)
π Waymo Built a Driving Simulator Using DeepMind Magic
Waymo's new simulator (built on DeepMind's Genie 3) generates infinite edge-case driving scenarios that have never existed. Engineers reshape scenes with text prompts.
Why it matters: Instead of waiting for weird accidents to happen IRL, they're procedurally generating car crashes. What could go wrong?? (source)
π° Amazon Creates AI Content Marketplace (Publishers Still Doomed)
Amazon's launching a marketplace where publishers can sell their content to AI companies. They want usage-based fees that scale with how much AI uses their stuff.
Why it matters: Publishers finally get to monetize their own demise. At least they're getting paid this time?? (source)
π₯ Study: AI Tools Are Making Burnout WORSE
UC Berkeley studied 200 tech workers for 8 months. Result?? AI productivity tools intensified work instead of reducing it. People voluntarily worked MORE because tasks felt "doable."
Why it matters: The "AI will save us from work" narrative just died. Turns out we're just speedrunning burnout with better tools. We love to see it!! (source)
β‘ Tem Raises $75M to Fix the Energy Crisis AI Created
London's Tem raised $75M for an AI energy marketplace promising 30% savings on electricity bills by matching generators with consumers.
Why it matters: AI is literally solving the energy crisis it created. It's giving ouroboros energy (pun intended). (source)
π Gather AI Gets $40M for "Curious" Warehouse Drones
Gather AI raised $40M for drones that are programmed to be "curious" about boxes and barcodes. Yes, we're giving robots curiosity now.
Why it matters: "Embodied AI" is here - robots that vibe check your inventory. Your warehouse manager? A drone with anxiety. (source)
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