Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave. It has launched a venture called Next Frontier to buy up …

Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter. The round, which TechCrunch reported is expected to be roughly $50 billion, is estimated to close within two weeks, the sources said. As we previously …

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. …

Google has granted the U. Department of Defense access to its AI for classified networks, essentially allowing all lawful uses, according to multiple news reports. This deal follows Anthropic’s public stand against the Trump administration after the model maker refused to grant the DoD the same terms. The Pentagon wanted …

In a recent experiment, Anthropic created a classified marketplace where AI agents represented both buyers and sellers, striking real deals for real goods and real money. The company admitted this test — which it called Project Deal — was only “a pilot experiment with a self-selected participant pool” of 69 …

Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports. The Alphabet subsidiary is committing to invest $10 billion now, at a $350 billion valuation for Anthropic, with another $30 billion to follow if Anthropic hits certain performance targets, according …

OpenAI and Anthropic continue to take swipes at each other. This week, during a podcast appearance, OpenAI CEO Sam Altman called out his competitor’s new cybersecurity model, noting that the company was using fear to make its product sound more impressive than it actually is. Anthropic announced Mythos earlier this …

A group of unauthorized users has reportedly gained access to Mythos, the cybersecurity tool recently announced by Anthropic. Much has been made of Mythos and its purported power — an AI product designed for enterprise security that, in the wrong hands, could become a potent hacking tool, according to the …

Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing …

OpenAI has been all over the news recently, whether that news is about acquisitions, competition with Anthropic, or bigger debates about AI’s impact on society. On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I did our best to round up all the latest OpenAI news. …