AI Companies & Funding

openai gives pro 100 and pro 500 users double the work and codex limits as anthropic race intensifies OpenAI has doubled the Work and Codex quotas on its Pro 100 and Pro 500 plans. Subscribers don't need to opt in. Current customers already have the higher limits, and anyone signing up now gets them from the start.

OpenAI gives Pro 100 and Pro 500 users double the Work and Codex limits as Anthropic race intensifies

cathedral says its ai agents got into anthropic data in under 12 hours Cybersecurity startup Cathedral says its AI agents reached internal Anthropic data in less than 12 hours. Anthropic says the claim makes the incident sound bigger than it was.

Cathedral says its AI agents got into Anthropic data in under 12 hours

jpmorgan lenders now want cash flow from ai firms not just the ai name J.P. Morgan Private Bank says the market now puts the five-year default odds of one AI infrastructure company carrying heavy debt near or above 50%. Twelve months earlier, the same measure was below 30%.

JPMorgan: lenders now want cash flow from AI firms, not just the AI name

anthropic submits ipo filing targets nasdaq listing at a possible 2 trillion valuation Anthropic, the AI company that has spent years urging its industry to slow down, now plans to sell shares to the public. It has filed a Form S-1 with the Securities and Exchange Commission, which confirms the stock will trade on Nasdaq under the ticker "ANT."

Anthropic submits IPO filing, targets Nasdaq listing at a possible $2 trillion valuation

apollos torsten slok ai still isnt paying off for companies outside big tech At the seven largest tech companies, revenue per worker keeps going up. Across the remaining 493 companies in the S&P 500, it hasn't moved.

Apollo’s Torsten Slok: AI Still Isn’t Paying Off for Companies Outside Big Tech

a16z drops crypto from its fund name as it widens its focus to ai and Andreessen Horowitz (a16z), one of the most vocal financial supporters of crypto, is taking the word out of its fund's name. The firm is rebranding a16z Crypto as a16z Frontier, and the fund will now cover artificial intelligence and other emerging technologies too.

A16z drops ‘Crypto’ from its fund name as it widens its focus to AI and frontier tech

tether heads 15 million series a for mural a startup building payment rails for ai agents Tether is putting money behind the idea of software that pays for things by itself. The stablecoin issuer led a $15 million Series A in Mural, a startup based in New York that builds the infrastructure AI agents would use to make payments.

Tether heads $15 million Series A for Mural, a startup building payment rails for AI agents

musk counters anthropics 100 billion share pledge with a spacex stock On paper, Anthropic's pledge is worth roughly $100 billion. Elon Musk took less than a day to respond with an offer of his own, valued at about $10.5 billion.

Musk counters Anthropic’s $100 billion share pledge with a SpaceX stock gift for every American child

openais revenue climbs again as the company pursues 30 billion in new funding

OpenAI’s revenue climbs again as the company pursues $30 billion in new funding

china killed metas 2b manus takeover the ai agent startup just secured While Beijing was unwinding Meta's roughly $2 billion purchase of Manus this spring, the AI agent startup went out and secured a round of more than $500 million anyway.

China Killed Meta’s $2B Manus Takeover — the AI Agent Startup Just Secured $500M Anyway