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The U.S. government is set to resume operations on Thursday after the longest shutdown in American history left air traffic disrupted, food aid suspen...
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.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Mali's Prime Minister, General Abdoulaye Maiga, sharply criticised France and Algeria on Tuesday (11 November) for allegedly supporting terrorist groups operating in the Sahel region. His comments came during the opening of the Bamako Military Exhibition (BAMEX).
Streets and homes in Taiwan's Yilan County were left inundated with mud and rubble on Wednesday (12 November) after floodwaters swept through residential areas, forcing residents to wade through puddles of water and clear debris from damaged homes.
Russia has expressed its readiness to resume peace talks with Ukraine in Istanbul, according to a statement by a Russian foreign ministry official, Alexei Polishchuk, quoted by the state news agency TASS on Wednesday.
Russia’s Foreign Minister Sergei Lavrov has urged the U.S. to avoid actions that could intensify the war in Ukraine, citing President Donald Trump’s past support for dialogue.
Audi has unveiled the car that marks its first major step into Formula One. It presented the 2026 challenger at a launch event in Munich attended by drivers, team leaders and senior company executives.
Billionaire Jeff Bezos’s Blue Origin has launched NASA’s twin ESCAPADE satellites to Mars on Sunday, marking the second flight of its New Glenn rocket, a mission seen as a crucial test of the company’s reusability ambitions and a fresh challenge to Elon Musk’s SpaceX.
China has announced exemptions to its export controls on Nexperia chips intended for civilian use, the commerce ministry said on Sunday, a move aimed at easing supply shortages affecting carmakers and automotive suppliers.
Nobel Prize-winning scientist James Watson, who co-discovered the DNA double-helix structure, has died at 97, his former research lab confirmed.
As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace the West, raising concerns that America is losing its technological edge.
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