Sources: OpenAI's Q2 sales grew 18% QoQ to $6.7B as its losses widened from $9.3B to $12.3B; Anthropic's sales grew 2x+ to $11.6B, with a small operating profit
The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter
Sources: OpenAI's Q2 revenue grew 18% QoQ to $6.7B, but its operating margin sank further; Anthropic more than doubled its revenue to $11.6B in the same period
The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter
Sources: legal AI startup Legora is in early talks to raise funds at a $10B+ valuation, up from $5.6B four months ago; its ARR rose 50% QoQ to $150M in Q2
Federal lobbying disclosures: Anthropic spent $1.97M in Q2, up 26% QoQ, and OpenAI spent $1.2M, up 18%; Meta remained the largest spender at $5.99M, down 15%
Federal lobbying disclosures: Anthropic spent $1.97M in Q2, up 26% QoQ, and OpenAI spent $1.2M, up 18%; Meta remained the largest spender at $5.99M, down 15%
February investor memo: Cohere hit ~$240M in ARR in 2025, above its $200M target, with QoQ growth of 50%+ and gross margins averaging around 70% throughout 2025
February investor memo: Cohere hit ~$240M in ARR in 2025, above its $200M target, with QoQ growth of 50%+ and gross margins averaging around 70% throughout 2025
Artificial intelligence startup Cohere has told investors that it's seeing momentum with enterprise customers, even as rivals like Google …
Galaxy Digital reports Q3 net income up 1,546% QoQ to $505M and total assets up 27% QoQ to $11.5B, including $1.9B in cash and stablecoins and $3.2B in equity
Blockworks :
TrendForce: Q2 global chip foundry revenue surged 14.6% QoQ to $41.7B, with TSMC securing a 70% market share, followed by Samsung with 7.2% and SMIC with 5.1%
Luke James / Tom's Hardware :
PitchBook: US VC investment in AI startups rose 33% QoQ to $65B in Q1, up 550% from the quarter prior to ChatGPT's 2022 release
Companies like OpenAI, Amazon and Meta have supersized their spending on artificial intelligence, with no signs of slowing down. Bluesky: @beyerstein Bluesky: Lindsay Beyerstein / @beyerstein : The fr...