Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.
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.

In a federal courtroom in California on Thursday, Elon Musk testified that his own AI startup, xAI, has used OpenAI’s models to improve its own. The matter at question is model distillation, a common industry practice by which one larger AI model acts as a “teacher” of sorts to pass on knowledge to a smaller […]
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.