U.S. envoy Kushner leads Cairo talks with Hamas and mediators on Gaza plan as Israel continues strikes
U.S. President Donald Trump’s push to end the war in Gaza returned to the diplomatic arena on Sunday (16 August), as his envoys met Egyptian,...
AI startup Anthropic has closed a $3.5 billion funding round led by Lightspeed Venture Partners, pushing its post-money valuation to a staggering $61.5 billion.
This milestone marks more than a threefold increase from its valuation of $18 billion just last year, underscoring the intense investor interest in breakthrough AI technologies.
Anthropic’s rapid rise is backed by impressive business growth. Late last year, the company was reported to have an annual revenue run rate of about $1 billion—a figure that has since grown by roughly 30%. The funding round attracted a diverse group of high-profile investors, including Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners, and Jane Street. Amazon remains a key supporter, having previously invested $8 billion in the company, while Google has also lent its backing, highlighting the broad industry confidence in Anthropic’s vision.
With this fresh capital, Anthropic plans to accelerate its global expansion, particularly in Asia and Europe, as it seeks to capitalize on the burgeoning demand for advanced AI solutions. The company is also set to boost its research efforts in areas critical to responsible AI development, such as mechanistic interpretability and alignment, while expanding its computing capacity to support more sophisticated model training.
Anthropic’s flagship AI models—Claude 3.7 Sonnet and its predecessor Claude 3.5 Sonnet—demonstrate the company’s innovative approach. Claude 3.7 Sonnet introduces "hybrid reasoning" capabilities, allowing users to choose between quick responses and more in-depth, step-by-step thinking, and features a 128,000-token "thinking" budget for extended reasoning. These models, which excel in tasks ranging from coding to multimodal understanding, are available across multiple platforms including Anthropic’s own Claude.ai, the Anthropic API, Amazon Bedrock, and Google Cloud’s Vertex AI.
Emphasizing user privacy, Anthropic has stated that it does not train its generative models on user-submitted data without explicit permission—a commitment that continues to build trust among its growing customer base.
As the competition in the AI landscape intensifies, Anthropic’s latest funding round and soaring valuation position the startup as one of the world’s most valuable emerging tech companies, poised to shape the future of artificial intelligence alongside industry giants.
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
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