May 26, 2026Twila Rosenbaum
Anthropic, the AI safety-focused startup, has finalized a $30 billion funding round led by GIC and Coatue, doubling its valuation to $380 billion. Investors include Microsoft, Nvidia, and Sequoia Capital. The company plans to spend $50bn on US data centers as it races to compete with OpenAI.
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May 26, 2026Twila Rosenbaum
Amazon, Microsoft, and Nvidia are reportedly negotiating investments totaling up to $60 billion in OpenAI. Amazon, a new investor, may contribute $50 billion, while Nvidia and Microsoft could add $30 billion and less than $10 billion respectively. The funding round could value OpenAI at approximately $830 billion, with SoftBank also in discussions to invest an additional $30 billion. Amazon CEO Andy Jassy is leading talks with OpenAI's Sam Altman.
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May 16, 2026Twila Rosenbaum
Anthropic and OpenAI have each announced joint ventures aimed at deploying enterprise AI services. Anthropic's venture, backed by Blackstone and Goldman Sachs, is valued at $1.5 billion. OpenAI's counterpart, The Development Company, seeks $4 billion. Both aim to provide dedicated engineering resources and preferred access to investor portfolio companies.
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May 16, 2026Twila Rosenbaum
2025 was a transformative year for OpenAI's ChatGPT, marked by rapid growth to 800 million weekly users, the launch of GPT-5 and its successors, and intense competition from Google and DeepSeek. The year saw significant legal battles over copyright and mental health, a $1 billion Disney partnership, and internal reorganizations as CEO Sam Altman declared a 'code red' to refocus on the chatbot. This article provides a detailed timeline of key events.
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Apr 13, 2026Twila Rosenbaum
The rise of AI coding tools is transforming the software industry, with major players like OpenAI and Anthropic leading the charge. This article explores the evolution and impact of these tools on developers and the broader tech landscape.
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