Anthropic will pay xAI $1.25B per month for compute
Elon Musk’s xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it’s worth.
Elon Musk’s xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it’s worth.
Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter.
Elon Musk is publicly reframing xAI’s massive Anthropic compute deal as short-term and cancellable, despite SpaceX’s own S-1 filing describing payments through May 2029.
The new Opus model comes with a tool called Dynamic Workflows, for coordinating swarms of subagents.
Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup’s final private fundraise before a highly anticipated IPO.
Anthropic, now an AI powerhouse that has landed top-tier enterprise customers, was once considered an underdog in the emerging world of large language models.
Anthropic is expanding Project Glasswing, its security vulnerability program, and access to Mythos to 150 organizations across 15 countries — targeting critical infrastructure in power, water, healthcare, and communications where a cyberattack could affect 100 million people.
Uber’s cutback has occurred after the company had reportedly encouraged staff to use AI as much as possible.
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable’s footprint on Google Cloud, and expanded access to Anthropic Claude.
Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025. That trajectory faces a real test, though.