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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.
Finance
Korea Investment & Securities says retail financial product balances top 100 trillion won
Korea Investment & Securities said on May 20 that balances in financial products held by individual clients have surpassed 100 trillion won. It said the result reflects a product lineup focused on returns and its asset management services. Balances rose from 41.2 trillion won in 2022 to 85.07 trillion won in 2025 and exceeded 100 trillion won as of May. The firm also reported steady client inflows and rising new customer numbers.
Crypto
Bitcoin price forecasts mixed at $30,000 to $250,000; Market line warns of \'May sell-off bomb\'
Scepticism is growing over forecasts that bitcoin will reach $250,000 by year-end, even as some bulls maintain their projections. Bitcoin is trading about 40% below its October 2025 record high of around $126,000, implying it would need to rise more than threefold to hit $250,000. Analysts have flagged risks of further declines based on a bear-flag pattern, post-halving cycle peaks and a recurring “May sell” pattern in U.S. midterm election years.