News & Updates
The latest news and updates from companies in the WLTH portfolio.
Anthropic Said to Walk Away From $6 Billion Decart Acquisition
Anthropic PBC has decided against pursuing an acquisition of artificial intelligence startup Decart AI, people familiar with the matter said. Anthropic had been exploring a deal and performed due diligence on Decart, but ultimately walked away, according to the people, who asked not to be ...
Anthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility
Anthropic PBC is set to finalize expanding its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm's public filing for its highly anticipated IPO. Morgan Stanley is leading the process, the people said. ...
Crusoe Raises Over $3 Billion in Funding at $30 Billion Valuation
Crusoe, a cloud-computing provider and data center developer doing business with OpenAI, Microsoft Corp. and Meta Platforms Inc., has raised over $3 billion in a funding round that values the startup at roughly $30 billion, according to people familiar with the situation. Atreides Management and ...
Anthropic Legal Fight With Pentagon Shows Shifting Politics of AI
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world. Today, Austin Carr reports on Anthropic's legal case against the US government for designating the AI startup as a supply chain risk. Tech Across the Globe Meta's PR campaign: ...
Anthropic Wins Court Challenge to US Supply-Chain Risk Label
The Trump administration must lift its ban on Anthropic PBC's artificial intelligence technology for federal agencies, a US judge ruled. US District Judge Rita F. Lin in San Francisco sided late Thursday with the Claude chatbot maker in its challenge to the Department of Defense, finding that the ...
Who Should Control Anthropic?
Traditionally there are two main theories of corporate governance: * Shareholders are the owners of the firm, and they should have the final say in how it is run. Of course a board of directors and a chief executive officer run the company day to day, but the shareholders have the ultimate power to ...
Anthropic Says Australia is Falling Behind in Claude Coding Use
Anthropic PBC's customers in Australia are lagging global peers in using its Claude chatbot's coding capabilities, but are more heavily employing the artificial intelligence tool for simple tasks, according to the firm's country head. "When I look at our usage here in Australia, I think we ...