Anthropic Investors Expect $2 Trillion Valuation in October IPO
Anthropic investors expect the company to seek a valuation above $2 trillion in its planned October IPO, based on rapid revenue growth and annualized run rate projections.
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Anthropic investors expect the company to seek a valuation above $2 trillion in its planned October IPO, based on rapid revenue growth and annualized run rate projections.
OpenAI is on track to exceed $40 billion in annualized revenue, roughly twice its run rate at the end of 2025. Growth has come from coding tools, subscriptions, advertising, and demand for AI agents.
Pony AI and Uber plan to deploy more than 2,000 robotaxis across Europe, expanding from Zagreb to four additional cities.
LG plans to publicly unveil a bipedal humanoid robot built with NVIDIA Isaac GR00T in the first quarter of next year. The agreement with NVIDIA also covers CLOiD robot validation, AI factory reference sites, and an AI defined vehicle platform.
TIER IV has joined a Japan Science and Technology Agency semiconductor research program to develop open AI chip designs for Level 4 autonomous driving.
Kirin Holdings and GenerativeX have introduced an AI agent research environment in selected Kirin laboratories. The system supports hypothesis generation, information searches, brainstorming, documentation, and knowledge sharing.
Skywork AI detailed Matrix-Game 3.5, an interactive world model with Patch Memory, 720P streaming video generation at about 20 FPS on a single GPU, and one minute memory.
CVC DIF has agreed to acquire a significant majority stake in firstcolo from CUBE Infrastructure. The deal includes plans to continue developing firstcolo's FRA7 data center in Rosbach, Germany, with up to 24 MW of total capacity.
XTransfer says it has served over 1 million enterprise clients and expanded AI tools in TradePilot, its system for risk review in B2B trade payments.
IncQuery has launched an AI assisted tool that checks surveys against research objectives before fielding. The tool flags potential gaps, reviews question fit, and explains its recommendations.
Realtime Robotics has appointed Kevin Carlin as CEO, effective immediately. Cofounder Peter Howard will continue as nonexecutive chairman as the company works to expand its Resolver platform with automotive manufacturers.
IBM and OpenAI have announced a partnership to add OpenAI models and tools to IBM Consulting services for enterprise AI projects.
Heron Power selected Morgan Hill, California, for its first factory. The company plans to invest more than $100 million, create more than 600 jobs, and produce up to 10,000 Heron Link systems a year starting in late 2027.
Feagine Robotics announced Fi0, a foundation model designed to keep robot task knowledge intact when a robot body changes. It was released with three FEAGINE A series biomimetic manipulators.
Hippocratic AI launched Agentic Orchestrators, teams of voice AI agents coordinated by a supervising system for healthcare workflows across payers, providers, and life sciences organizations.
zeb has been named an OpenAI Select Partner in the OpenAI Partner Network. The company said it will work with OpenAI to help enterprises build, deploy, and scale AI systems.
Elephas Biosciences has signed an exclusive commercial partnership with Neuberg Diagnostics to bring its elive immunotherapy response platform into India.
Alcor has launched CMDB Catalyst, an AI powered product built on the ServiceNow Platform to monitor, automate, and optimize Configuration Management Database operations.
AGent Energy raised an $11 million Series Seed round to expand its AI based platform for aggregating backup generation at commercial, industrial, and institutional sites.
Israel has adopted a national AI action plan that includes a National AI Institute, regional labs, 100,000 AI accelerators, a domestic quantum computer, and AI security labs.