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Bloomberg reports, as relayed by TechCrunch, that Anthropic and AI infrastructure provider Nscale are close to announcing a second $45 billion compute deal, a little over a month after their first deal of the same size. Sources cautioned that talks are ongoing and the details could change. If completed, it would be the latest of many larg…
Character.AI filed for bankruptcy earlier this week, and Disney has agreed to make employment offers to at least 60 of its employees, the majority of the workforce, at an estimated $60 million in annual compensation. A legal filing spotted by Bloomberg says the "vast majority" of those offered jobs accepted. Disney had previously agreed t…
OpenAI is reportedly working on a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation, led by Coatue and investors in the UAE, according to sources cited by CNBC. An earlier Bloomberg report put the figure at $1.4 trillion, and terms are still under negotiation. The UAE funding may be paired with a deal to s…
DeepSeek, the Hangzhou-based Chinese AI lab, has reportedly raised about $15 billion (roughly 100 billion yuan), according to Bloomberg as relayed by TechCrunch. The round came two days after the U.S. ordered federal civilian agencies to remove DeepSeek's AI technology from their systems over security concerns. Potential investors reporte…
Eric Schmidt, the former Google CEO, reportedly owns about 1% of Anthropic after investing tens of millions of dollars in its 2021 Series A, according to Bloomberg. Dario Amodei, co-founder and CEO, is said to hold about 2%. Anthropic is widely expected to go public before the end of the year, with top-end estimates valuing it at up to $2…
