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Anthropic is on the verge of closing the largest private funding round in history — roughly $50 billion at a valuation near $900 billion. That would more than double the company's $380B valuation from February and leapfrog OpenAI's $852B post-money mark. Board decision expected imminently; this is likely Anthropic's last private round before an IPO.
For the first time, Anthropic's annualized revenue has eclipsed OpenAI's — $30 billion vs. OpenAI's $25 billion. That's 80x year-over-year growth, from $1B in late 2024 to $30B in April 2026. Claude Code alone hit $1B ARR within six months of launch, and eight of the Fortune 10 are now Claude customers.
Breaking today: Nvidia has committed over $40 billion in equity investments across the AI ecosystem this year, including a $30B check to OpenAI, $3.2B to Corning, and $2.1B to IREN this week alone. The chipmaker is now financing the entire AI supply chain — raising questions about circular economics as it backs the same companies buying its GPUs.
The Defense Department finalized classified-network AI agreements with OpenAI, Google, Microsoft, Amazon, Oracle, Nvidia, SpaceX, and Reflection AI. Anthropic was pointedly excluded after refusing to drop safety guardrails on military use. Defense Secretary Hegseth called CEO Dario Amodei an "ideological lunatic" during congressional testimony. Anthropic is contesting the exclusion in federal court.
In a historic first, UK-based DeepMind workers voted 98% to form the world's first union at a frontier AI lab, driven by backlash over Google's Pentagon deal allowing Gemini in classified military networks for "any lawful purpose." Workers are also raising concerns about IDF use of their technology and demanding stronger whistleblower protections.
Anthropic's security-focused model Claude Mythos Preview autonomously discovered thousands of zero-day vulnerabilities across major operating systems and browsers, including a 17-year-old FreeBSD RCE (CVE-2026-4747). In response, Anthropic launched Project Glasswing — a cybersecurity coalition with Apple, Microsoft, Google, AWS, CrowdStrike, NVIDIA, JPMorgan, and others — backed by $100M in compute credits.
Canadian AI company Cohere is merging with Germany's Aleph Alpha at a combined $20B valuation, backed by both governments and €500M from retail giant Schwarz Group. The deal creates a transatlantic "sovereign AI" alternative to the US-China duopoly, targeting regulated sectors like defense, finance, and healthcare.
AI agents can now create Cloudflare accounts, purchase domains, start subscriptions, and deploy applications to production — all without a human touching a keyboard. The new protocol, co-designed with Stripe, handles discovery, authorization, and payment with a $100/month default spending cap. No raw payment details ever reach the agent.
Apple's next AirPods have hit the design validation testing stage — near-final prototypes with infrared cameras in both earbuds that feed environmental context to an AI-powered Siri in real time. The cameras won't capture photos or video. Launch is tied to iOS 27 and the new Siri, expected in September.
The Ozempic-maker is integrating OpenAI across its entire pipeline — drug discovery, clinical trials, manufacturing, supply chain, and commercial operations — with full deployment planned by year-end. The partnership aims to compress the typical 10-year drug development timeline.