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AI & Enterprise

Anthropic raises $65 billion in Series H round, valuation rises to $965 billion

Anthropic raised $65 billion in a Series H funding round, lifting its valuation to $965 billion. TechCrunch reported the fundraising is likely to be the company’s last financing before an IPO. The round was co-led by Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue and D1 Capital Partners, with other institutional investors participating. Samsung, SK Hynix and Micron also joined. Anthropic said it will use the funds to expand safety and interpretability research, increase computing and expand products and partnerships.

AI & Enterprise

AI-era SI business emerges as major tech firms launch FDE push

Views on software customization in enterprise software are shifting as AI agents spread, with some in the industry saying optimization is becoming a future-defining keyword. Calls are growing for system integration-style work to build software to customer needs, with some arguing AI agents without customization struggle in enterprise markets. Major AI firms are expanding hiring of forward deployed engineers and forming joint ventures to support deployments, while executives say deploying agents is complex and requires deep process understanding.

AI & Enterprise

OpenAI forms joint venture to help companies adopt AI, buys AI consulting and engineering firm Tomoro

OpenAI said it has formed a joint venture with investment firms, consultancies and system integrators to help companies adopt and integrate AI. The venture, called the OpenAI Deployment Company, was established with 19 partners including TPG, Advent, Bain Capital and Brookfield. OpenAI raised more than $4 billion from partner companies and put the venture’s total valuation at about $10 billion. It also acquired AI consulting and engineering firm Tomoro.