Anthropic is chasing a $4B raise
Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation
TL;DRAnthropic dropped plans to buy AI chip startup MatX; MatX now fundraising at lower valuation.
Why it matters: Shows AI companies reconsidering chip acquisition strategies as valuations cool and capital gets scarcer.
The Pentagon is already using Mythos
TL;DRJudge blocks Pentagon from blacklisting AI company Anthropic over supply-chain risk claims.
Cognition is generating ~$900M in annualized revenue, up more than 3x
TL;DRAI coding startup Cognition tripled revenue to ~$900M annually and expects $1.5B by year-end 2026.
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