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Anthropic is expected to close its $30 billion mega-round as soon as this week, co-led by Sequoia, Dragoneer, Greenoaks, and Altimeter at a pre-money valuation exceeding $900 billion. If the deal lands at the upper end, Anthropic leapfrogs OpenAI's $852 billion March valuation to become the world's most valuable AI startup.
Anthropic told investors it expects roughly $10.9 billion in second-quarter revenue — more than double Q1's $4.8 billion — and approximately $559 million in operating profit, its first ever. The primary growth driver is enterprise adoption of Claude Code; the company cautioned profitability may not hold for the full year due to planned compute spending.
OpenAI filed its confidential S-1 with the SEC on May 22, targeting a Q4 2026 public listing at a valuation between $852 billion and $1 trillion. Goldman Sachs and Morgan Stanley are leading. The filing reveals $13.1 billion in 2025 revenue against roughly $22 billion in total spending — a $9 billion net loss.
The Vatican released "Magnifica Humanitas" on May 25, a 42,300-word encyclical focused on protecting human dignity in the age of AI. Anthropic co-founder Christopher Olah was invited to speak at the presentation. Signed 135 years to the day after Leo XIII's Rerum Novarum on workers' rights, the document urges governments and corporations to slow deployment and ensure ethical oversight.
OpenAI co-founder and former Tesla Autopilot lead Andrej Karpathy announced he has joined Anthropic, working on pretraining under team lead Nick Joseph. He will also launch a new team focused on using Claude itself to accelerate pretraining research. A major talent coup for Anthropic in the AI lab arms race.
The White House withdrew a planned AI executive order that would have established voluntary pre-release safety reviews for advanced models, after direct calls from Elon Musk, Mark Zuckerberg, and David Sacks. The "accelerationist" argument — that regulation would cede AI dominance to China — carried the day. Notably, OpenAI had supported the order.
SpaceX's IPO prospectus disclosed that Anthropic is paying $1.25 billion per month through May 2029 for access to over 220,000 NVIDIA GPUs at xAI's Colossus facilities — a total contract worth roughly $45 billion. The deal gives Anthropic over 300 megawatts of compute capacity across Colossus 1 and 2.
Anthropic's May update on Project Glasswing — its security-focused deployment of the unreleased Mythos model to roughly 50 defensive-security partners — reported over 10,000 high- or critical-severity vulnerabilities discovered across partner software in the first month, with a 90.6% true-positive rate across 1,752 assessed open-source vulnerabilities.
Announced at I/O 2026, Google's biggest search redesign in 25 years features an intelligent search box powered by Gemini 3.5 Flash, background "Information Agents" that monitor the web 24/7 on your behalf, and dynamic generative UI that builds custom dashboards and visualizations per query. AI Mode has surpassed one billion monthly users.
NextEra Energy's $67 billion all-stock acquisition of Dominion Energy creates the world's largest regulated electric utility, stretching from Florida to Virginia's AI data center corridor. The deal underscores how AI-driven electricity demand — projected at 15-25% of US consumption by 2030 — is reshaping the energy sector.
