Overview
- Reports show Anthropic's annualized revenue run rate has climbed past $65 billion, a dramatic jump that the company has been sharing with investors as it prepares for possible public-market options.
- NVIDIA and project partners substantially cut the size of NVIDIA's financial guarantee for the OpenAI Ohio campus, reducing the original plan and limiting the guarantee to cover the project’s first phase of capacity.
- Higgsfield, an AI video-generation startup, raised $400 million at about a $5.4 billion valuation and said its annual revenue has already expanded into the hundreds of millions of dollars as it shifts toward enterprise customers.
- Chinese robotics and embodied‑AI firms are moving to markets and public listings with INFIFORCE announcing nearly ¥1 billion in A/A+ rounds and Yush Technology confirming a Shanghai STAR Market IPO for August 19.
- Public tech firms reported mixed results in recent quarterly reports with AI, cloud, and compute segments growing fast while ad and legacy businesses weighed on near‑term profits and pushed firms to reallocate spending.