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Corporate

Anthropic hits $965 bn valuation, overtakes OpenAI

Artificial intelligence company Anthropic has reportedly become the world’s most valuable AI startup, overtaking OpenAI with a valuation close to $965 billion, according to recent reports.

The sharp rise in Anthropic’s valuation comes amid growing investor confidence in generative AI companies and increasing demand for advanced AI tools across industries. The company, best known for its Claude AI chatbot, has seen rapid growth in both business partnerships and enterprise adoption over the past year.

Founded in 2021 by former OpenAI employees, including siblings Dario and Daniela Amodei, Anthropic has positioned itself as a major competitor in the global AI race. The startup focuses heavily on AI safety and responsible development, which has helped it attract strong backing from major technology companies and investors.

The valuation milestone places Anthropic ahead of OpenAI, the company behind ChatGPT, in terms of startup market value. OpenAI remains one of the biggest players in artificial intelligence globally, but Anthropic’s rapid rise reflects the intense competition within the AI sector.

Reports suggest that Anthropic’s valuation surge is linked to fresh funding discussions and expectations of future revenue growth. The company has secured large investments from firms including Amazon and Google, both of which are expanding their AI infrastructure and cloud partnerships with Anthropic.

The investor interest in AI companies continues to grow as businesses increasingly adopt AI-powered tools for automation, research, coding, customer service, and content generation. Companies seen as leaders in foundational AI models are attracting record levels of funding and market attention.

Anthropic is also reportedly preparing for a future public offering, although the company has not officially announced plans for an initial public offering (IPO). The possibility of a listing has further boosted market enthusiasm around the startup.

The development highlights how quickly the AI industry is evolving, with newer companies challenging established leaders in a rapidly expanding global market.

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Corporate

Anthropic-backed AI firm buys Fractional AI

A new artificial intelligence services company backed by Anthropic, Blackstone, and Hellman & Friedman has made its first acquisition by purchasing Fractional AI, marking an early step in its expansion strategy.

The company, positioned as an AI-native enterprise services firm, focuses on helping businesses adopt and integrate artificial intelligence into their operations. It aims to combine advanced AI capabilities with consulting and implementation services for corporate clients.

Fractional AI, the acquired startup, specialises in providing flexible AI engineering and deployment services to companies. It helps organisations design and implement AI solutions without requiring full-time in-house teams, using a project-based model.

The acquisition is expected to strengthen the new venture’s ability to deliver end-to-end AI services, from strategy and model application to deployment and operational support. The move comes as demand for enterprise AI adoption continues to grow rapidly across industries.

The new AI services firm is backed by major investment groups and AI research players, positioning it as a strong competitor in the expanding enterprise AI services sector. It aims to build a full-stack offering that includes consulting, technical implementation, and ongoing support.

Companies are increasingly looking for support in integrating AI into workflows, improving efficiency, and developing AI-driven products. This has created a growing market for firms that can bridge the gap between AI model developers and real-world business applications.

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Leaders

OpenAI co-founder joins Anthropic

Artificial intelligence researcher and OpenAI co-founding member Andrej Karpathy has joined AI company Anthropic, marking one of the most high-profile talent moves in the sector this year.

Karpathy announced the development in a post on X, saying he was excited to return to research and work on large language models. He will be part of Anthropic’s pre-training team, which focuses on building and training the core foundation models that power its AI assistant Claude.

Karpathy is widely known in the AI community for his work at OpenAI and Tesla, where he previously led AI and computer vision efforts, including contributions to Tesla’s Autopilot system. He is also a respected educator and public voice in AI, with a large following for his technical insights and commentary on machine learning and model development.

At Anthropic, Karpathy is expected to work closely on large-scale model training and help strengthen the company’s research direction as it competes with leading players like OpenAI, Google DeepMind, and Meta in developing advanced AI systems.

The move comes at a time when competition for top AI talent has intensified significantly, with major firms investing heavily in both infrastructure and researchers capable of advancing frontier models. Anthropic has been rapidly expanding its Claude ecosystem and positioning itself as a strong alternative in the enterprise AI and agent-based systems space.

Karpathy said he believes the next few years will be especially important for the evolution of large language models and expressed interest in focusing again on core research and development. He also indicated that he plans to continue his education-focused AI initiatives alongside his new role.

Also Read: Anthropic acquires stainless to boost Claude integrations

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Corporate

Anthropic acquires stainless to boost Claude integrations

Anthropic has acquired developer tools startup Stainless in a move aimed at strengthening its Claude ecosystem, particularly its API infrastructure and agent-based integrations.

Stainless is a New York-based developer platform founded in 2022 that helps companies automatically generate and maintain software development kits (SDKs) from APIs. Its tools are widely used by major tech firms, including AI companies and API providers, to simplify how developers connect services across systems.

While financial details of the acquisition have not been officially disclosed, earlier reports indicated that the deal is valued at over $300 million. The acquisition marks another step in Anthropic’s broader strategy to deepen its developer ecosystem as competition intensifies in the AI space.

According to company statements and reports, Stainless will help improve how Claude connects with external tools, data sources, and third-party APIs. This is especially important as Anthropic shifts its focus toward building more capable AI agents that can perform complex tasks across multiple systems rather than just responding to prompts.

The company said the acquisition is intended to enhance developer experience and strengthen the “connections between agents and external systems.” Stainless’ technology will now be integrated more closely into Anthropic’s Claude platform, which is already used widely by developers building AI-powered applications.

As part of the deal, most of Stainless’ team, including its founder Alex Rattray, is expected to join Anthropic. The move is also expected to phase out Stainless’ standalone hosted product, with its core capabilities being absorbed into Anthropic’s internal tools.

Anthropic has been rapidly expanding its developer ecosystem in recent months, positioning Claude as a strong alternative to other AI platforms by improving coding tools, integrations, and enterprise readiness.

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Leaders

Anthropic CEO says firm grew 80-fold with AI boom

Artificial intelligence company Anthropic has witnessed explosive growth in early 2026, with CEO Dario Amodei revealing that the company expanded nearly 80-fold in the first quarter compared to the same period last year.

Speaking at Anthropic’s developer event in San Francisco, Amodei said the surge in demand for the company’s AI tools far exceeded internal expectations. According to him, Anthropic had initially planned infrastructure and operations for around 10 times growth, but actual usage and revenue increased much faster than anticipated.

The rapid rise has been driven largely by growing adoption of Anthropic’s Claude AI models among businesses, software developers, and enterprise customers. Claude is increasingly being used for coding assistance, workflow automation, research, and customer support applications, helping Anthropic emerge as one of the strongest competitors in the global AI industry.

Amodei acknowledged that the company has faced challenges in handling such massive expansion, especially in securing enough computing power to support growing user demand. He joked during the event that the pace of growth had become difficult for the company to manage, highlighting one of the biggest issues facing AI firms today, access to large-scale computing infrastructure.

To address capacity constraints, Anthropic has reportedly expanded infrastructure partnerships and compute agreements in recent months. The company has been investing heavily in cloud and data centre access to support training and deployment of advanced AI models.

Founded in 2021 by former OpenAI executives, including siblings Dario and Daniela Amodei, Anthropic has quickly become a major player in the artificial intelligence sector. The company has attracted billions of dollars in investments from global technology firms and investors amid rising competition in generative AI.

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Technology

Google plans a huge $40 bn investment in Anthropic

Google’s parent company, Alphabet, has announced plans to invest up to $40 billion in artificial intelligence startup Anthropic, one of the leading rivals in the fast-growing AI space. The deal strengthens an already close partnership between the two companies.

According to reports, Google will immediately invest about $10 billion in Anthropic. A further $30 billion may follow, but only if the startup meets certain performance targets. The investment values Anthropic at around $350 billion.

Anthropic is best known for its AI chatbot family called Claude, which competes directly with OpenAI’s ChatGPT and Google’s own Gemini models. The company has seen rapid growth in demand, especially for its coding-focused tools.

Along with funding, the deal also includes major support for computing power. Google will provide large-scale access to its cloud infrastructure and specialized AI chips to help Anthropic train and run its models. This kind of computing capacity is seen as critical for building advanced AI systems.

The investment comes as competition among big tech firms intensifies. Amazon recently announced its own multi-billion-dollar backing for Anthropic, making the startup one of the most heavily funded AI companies in the world.

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Leaders

Anthropic brings in Novartis CEO Narasimhan to board

Artificial intelligence company Anthropic has appointed Vas Narasimhan, the chief executive of Novartis, to its board of directors in a move that signals its growing ambitions in the healthcare space.

Narasimhan’s appointment brings a fresh perspective from the pharmaceutical industry, marking a step towards combining advanced AI capabilities with real-world healthcare applications. His experience leading one of the world’s largest drugmakers is expected to help Anthropic better understand how its technology can be used in areas such as drug discovery, clinical research, and patient care.

The development comes at a time when Anthropic is expanding beyond building AI models to focusing on practical use cases. The company, known for its Claude chatbot, has been exploring ways to apply AI in life sciences, where it can help speed up the development of new medicines and improve the efficiency of clinical trials.

Bringing Narasimhan onto the board is also seen as a strategic move as Anthropic prepares for its next phase of growth, including a potential initial public offering (IPO). Strengthening its leadership with industry experts is likely aimed at building credibility and ensuring the company can navigate complex, highly regulated sectors like healthcare.

Narasimhan’s background in managing global healthcare operations and working within strict regulatory frameworks is expected to play a key role in guiding Anthropic’s approach to responsible AI use. As AI becomes more deeply integrated into sensitive industries, having domain expertise at the board level is increasingly important.

The appointment reflects a broader trend where technology companies are collaborating more closely with traditional industries to unlock new opportunities. In healthcare, especially, AI is being seen as a powerful tool to reduce costs, speed up innovation, and improve outcomes.

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Technology

Anthropic delays new AI model over risks

US-based AI firm Anthropic has unveiled its most advanced artificial intelligence model yet, but decided not to release it publicly due to concerns over potential misuse.

The model, called Claude Mythos, marks a significant leap in AI capability. It is designed to detect software vulnerabilities with exceptional accuracy, outperforming human experts in several tests. In one notable case, the system identified a decades-old flaw that had gone unnoticed for years, showcasing its powerful analytical abilities.

However, these same strengths have raised serious concerns. Experts believe the technology could be misused to find and exploit weaknesses in digital systems, potentially enabling sophisticated cyberattacks. This has prompted the company to take a cautious approach.

Instead of a full public rollout, Anthropic is limiting access to a small group of trusted partners under a controlled programme. The aim is to study how the model behaves in real-world conditions while reducing the risk of misuse.

The company is also in discussions with the United States government to better understand the broader implications of such powerful AI systems. CEO Dario Amodei has stressed the importance of building safeguards as AI becomes more capable and widely used.

The development highlights a growing challenge in the tech industry, how to balance rapid innovation with safety. While advanced AI can strengthen cybersecurity by identifying threats early, it can also create new risks if it is not properly controlled.

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Technology

Anthropic partners Google, Broadcom for AI expansion

Anthropic has entered into a major long-term partnership with Google and Broadcom to strengthen its access to advanced AI chips and computing infrastructure.

The agreement is aimed at meeting the growing demand for high-performance computing required to train and run advanced artificial intelligence models. As part of the deal, Anthropic will use Google’s custom-built Tensor Processing Units (TPUs), which are designed specifically for AI workloads.

The partnership is expected to significantly scale Anthropic’s computing capacity over the coming years. Reports suggest that the company could gain access to several gigawatts of compute power, reflecting the massive infrastructure needed for next-generation AI systems.

Broadcom will play a key role by helping design and supply custom chips that power Google’s AI infrastructure. The collaboration is part of a broader, multi-year arrangement that will support the development of future AI processors.

For Anthropic, the deal ensures a steady supply of critical resources needed to expand its AI offerings, including its Claude chatbot. The company has been rapidly growing and requires large-scale computing to keep up with increasing user demand and more complex AI models.

The partnership also highlights a wider trend in the tech industry, where companies are entering long-term agreements to secure access to chips and computing power. With AI systems becoming more resource-intensive, reliable infrastructure has become a key competitive factor.

For Google, the deal strengthens its cloud and AI ecosystem by promoting the use of its in-house chips. For Broadcom, it reinforces its role in the global semiconductor supply chain.

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Technology

Anthropic leaks AI tool code again

AI company Anthropic has once again accidentally leaked the source code of its coding tool, Claude Code, raising concerns about how securely it handles its systems.

The latest incident happened on March 31, when a large internal file with more than 500,000 lines of code was mistakenly made public during a software update. The company clarified that this was not a hack, but a human error during the release process.

The leaked code revealed how the AI tool is built and works, along with details about features that have not yet been officially released. Experts say this could give competitors useful insights into the company’s technology and future plans.

Anthropic confirmed that no user data or sensitive personal information was exposed. The leak was limited only to internal code and system design.

Even so, the incident has raised concerns because developers quickly accessed and shared the code online, making it hard to fully control once it was exposed.

This is the second such mistake by Anthropic in the past year, leading to questions about its internal processes and quality checks. The company has said it is taking steps to prevent similar errors in the future.

While the leak may not directly affect users, it highlights the growing challenges AI companies face in keeping their systems secure while rapidly developing new technologies.

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