Sources: Anthropic could raise a new $50B round at a valuation of $900B
Anthropic, the AI company behind Claude, is reportedly in talks to raise a significant new funding round at a valuation of $850 billion to $900 billion.
Read on TechCrunch →
SoftBank is launching a robotics company focused on building data centers, leveraging AI and robotics for infrastructure development and potentially aiming for a $100 billion IPO.
Why it matters
This initiative highlights the growing intersection of AI, robotics, and critical infrastructure development. By using AI and robots to build data centers, SoftBank is addressing the increasing demand for computing power needed to train and run AI models. This could lead to more efficient and scalable data center construction, potentially accelerating AI deployment and innovation globally.
SoftBank is starting a company that uses robots and AI to build the massive computer buildings (data centers) needed for AI. They hope to make a lot of money from this, possibly by selling shares in the company later.
Anthropic, the AI company behind Claude, is reportedly in talks to raise a significant new funding round at a valuation of $850 billion to $900 billion.
Read on TechCrunch →AI agent-tool startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million, reaching a $2 billion valuation.
Read on TechCrunch →Earth AI is vertically integrating its critical mineral search operations, leveraging AI to overcome delays and improve efficiency in exploration.
Read on TechCrunch →