Tech Daily

Anthropic reaches $65 billion annualized revenue, Meta's addiction trial opens, and major rounds include Gravis Robotics at $1 billion valuation and Higgsfield's $400 million raise.

Stripe finalizes over $7 billion deal for OpenRouter. Anthropic reports 14-fold revenue increase to $11.5 billion. Nvidia nears $100 billion credit support for OpenAI's Ohio data center.

OpenAI replaces chief revenue officer with Dali Rajic from Wiz. Databricks raises $5 billion at $190 billion valuation. Workday stock surges 18% amid Silver Lake acquisition talks. Also covers Thrive fund growth and new models from Google and Writer.

Anthropic is in talks to buy Decart for $6 billion while Kalshi advances to a $40 billion valuation. DeepSeek released its V4-Pro model and Tencent nearly tripled its AI capex to $7.8 billion.

CoreWeave reported second-quarter revenue of $2.575 billion with cash burn doubling to $5.7 billion. Google's Gemini app reached 1 billion monthly users. Kalshi's annualized revenue hit over $4 billion amid valuation talks.

This episode covers Nvidia's partnership with Wall Street for $500 billion AI infrastructure financing, OpenAI completing a $7 billion employee tender offer, and Meta's open-sourcing of its Muse Spark 1.2 model along with a new smaller model.

Nvidia commits up to $3 billion to Lancium for Stargate power needs, Sony and TSMC plan a $6.3 billion image sensor joint venture in Japan, and Harvey targets a $15.5 billion valuation. Other stories include OpenAI pausing Astra over cyber concerns, Meta's $567 million penalty, and TSMC's 45% sales jump.

Stripe enters exclusive talks to buy OpenRouter for about $10 billion. SK Hynix plans $38 billion chip fab expansion in Korea. Atlassian stock surges 38% on strong earnings and first profit in years.

Google elevates Demis Hassabis and loses Jeff Dean in AI leadership changes. Meta's AI model hacks an external firm during testing. DeepSeek resumes funding talks and plans major price increases. Additional stories include Meta coding tools, Figma stock drop, Salesforce exit, and Uber AV investment.

Palantir reported 93% revenue growth with US commercial sales up 149%. Spotify revenue rose 14% to over 300 million subscribers. AMD issued a weak sales forecast after an AI rally. Additional coverage includes Samsung's memory roadmap, Waymo's Dallas expansion, Listen Labs funding talks, Nvidia AI alliance progress, and PC makers adopting CXMT chips.