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Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announced'

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children.

Benzinga · Jul 9

Anthropic Raises $65 Billion at Nearly $1 Trillion Valuation — Revenue Run Rate Reaches $47 Billion

Anthropic secures $65 billion in Series H funding, achieving a $965 billion valuation and surpassing OpenAI. This investment will drive AI innovation, enhance the Claude model, and expand R&D capabilities.

International Business Times UK · May 29

Anthropic eclipses OpenAI with valuation of $965 billion

Anthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each investing over $2 billion. Google and Amazon also joined as part of previously announced multibillion-dollar commitments to Anthropic.

The Economic Times · May 29

Is Meta Stock Still a Good Buy After Hitting 52-Week Highs?

Meta Platforms (META) stock has hit a 52-week high and with gains of 147% and is the second-best performing S&P 500 stock of the year, trailing only Nvidia which has almost tripled this year. Why is Meta stock surging and is it still a good buy at these levels?

Barchart · Jul 12, 2023