Startups & Entrepreneurship
Anthropic Hits $350B Valuation Amid $30B Nvidia GPU Lock-In; xAI, Discord, and Babylon Surge in AI and Crypto Innovation
TL;DR * Anthropic raises $10 billion at $350 billion valuation in Series F round led by GIC and Coatue to accelerate Claude AI development and secure $30B in Nvidia-powered Azure compute capacity * MiniMax Group oversubscribes Hong Kong IPO with multiple-fold order books, targeting $1–2.5B valuation as Asia’s