Anthropic secured $65 billion in a Series H funding round at a $965 billion valuation, potentially its last private raise before going public. The round included major investors like Altimeter Capital, Sequoia, and Amazon, among others. The funds will support safety research, computing expansion, and product scaling, coinciding with the release of its improved Claude Opus 4.8 AI model. Anthropic's revenue run rate recently surpassed $47 billion, with expectations of a 130% increase leading to its first operating profit, positioning it as a strong competitor to OpenAI ahead of their IPOs.
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 are experiencing volatile and choppy trading as investors closely monitor interest rate developments. The Nasdaq 100 is hovering around the 30,000 level, seen as a key support and poten...
BTCC Exchange has launched the TradFi Trading Carnival, a limited-time campaign offering USDT rewards for trading traditional financial instruments like precious metals, commodities, forex, indices, and stocks using USDT as collateral. Since introduc...
The EMEA technology sector's sports sponsorship market more than doubled its spending from $1.29 billion in 2020 to $2.94 billion in 2024 and remained steady at $2.93 billion in 2025. Soccer leads the market with 63.2% of sponsorship value, followed ...
Equity markets in 2026 have reached valuation levels and concentration similar to the 1999 Internet Boom, driven largely by AI advancements. However, unlike 1999, today's economic, fiscal, and geopolitical conditions are less supportive, increasing s...
Neil Lindsay, Amazon's senior vice president of Health Services, will step down from his role on July 1. He has been with Amazon for over 15 years and led key health initiatives including the online pharmacy and One Medical. Dr. Roy Schoenberg, cofou...
