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Antonio Pequeño IV, Forbes Staff

Anthropic is now worth almost $1 trillion—more than OpenAI

OpenAI’s valuation reached $730 billion in March following a massive $122 billion funding round.

  • By Antonio Pequeño IV

Meta shares jump after company announces premium subscriptions for Facebook and Instagram

The subscriptions are being rolled out under the banner of “Meta One,” which incorporates paid subscriptions for the company’s apps and AI chatbot.

  • By Antonio Pequeño IV

Elon Musk’s SpaceX files for highly anticipated IPO

The space and AI company’s initial public offering could be valued as high as $2 trillion, which would be the biggest IPO ever.

  • By Antonio Pequeño IV

Nvidia hits record $5.5 trillion value. First company to ever reach mark

Shares of the AI juggernaut are up nearly 20% in the last four weeks.

  • By Antonio Pequeño IV

Asides

Musk’s SpaceX will give Anthropic access to its ‘Colossus’ super computer for AI training

Anthropic has also expressed interest in partnering up with SpaceX on the development of AI data centers in space.

  • By Antonio Pequeño IV

Alleged Jeffrey Epstein suicide note released by federal judge

The document had been sealed for years and was allegedly found by Epstein’s former cellmate in a graphic novel.

  • By Antonio Pequeño IV

Musk admits distilling OpenAI data for his XAI—here’s why that’s controversial

Musk has accused Anthropic, another rival of xAI, of using stolen data to train its artificial intelligence models.

  • By Antonio Pequeño IV

Mark Zuckerberg says AI costs contributed to layoffs of 8,000 staffers

Meta plans to slash 8,000 jobs at the company, accounting for 10% of its workforce.

  • By Antonio Pequeño IV

LIV Golf loses Saudi Arabia funding—effectively ending PGA rival: report

Reports and speculation about the professional golf league’s shutdown have swirled for weeks as Saudi Arabia’s Public Investment Fund has distanced itself from LIV.

  • By Antonio Pequeño IV

Nvidia sets new record with nearly $5.3 trillion value after AI darling surges 4%

Shares of Nvidia are now up 16% on the year after slumping in March.

  • By Antonio Pequeño IV
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