Microsoft folds AI Frontiers team, head exits
Microsoft Research has closed its AI Frontiers team, merging members into the Microsoft AI division. Head John Langford announced his departure, describing the project's failure.
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OpenAI acquires travel startup Odessia
OpenAI has acquired Odessia, a travel startup founded by Sonder co-founder Francis Davidson. OpenAI has not yet disclosed its specific plans for the travel sector, signaling a strategic expansion into new verticals.
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Goldman Sachs Projects Anthropic to Hit $600B Revenue by 2030
Goldman Sachs disclosed to potential investors that it projects Anthropic's revenue to grow from approximately $52 billion in 2025 to $600 billion by 2030. If these forecasts materialize, Anthropic's revenue scale would rank it among the largest companies in the world.
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Anthropic sets IPO price range with valuation up to $1.4T
Anthropic set its IPO price range at $70 to $78 per share. Valuing the company at up to $1.404 trillion on a fully diluted basis if shares list at the top of the range.
TechCrunchThe Verge2 outlets
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Alibaba Plans to Spin Off T-Head for Independent IPO on HKEX Main Board
Alibaba announced its proposal to spin off its wholly-owned subsidiary T-Head for an independent listing on the HKEX Main Board. As a leading full-stack data center chip supplier in China, the split aims to allow investors to independently assess T-Head's value and attract specialized investors.
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Anthropic Prepares IPO Seeking $64.4B
Anthropic plans to raise up to $64.4 billion through its IPO, alongside a $26 billion private placement with cornerstone investors including Google and Nvidia. The prospectus lists a preliminary price range of $70 to $78 per share, with total proceeds potentially reaching $90.4 billion to expand AI infrastructure.
IT之家THE DECODER2 outlets
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