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Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation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 considered buying AI chip maker MatX for $7B, but deal fell through; MatX now fundraising at $4B.
Why it matters: Shows AI labs are racing to control chip supply chains, and valuation swings signal market uncertainty around AI hardware startups.
Cognition is generating ~$900M in annualized revenue, up more than 3x
TL;DRCognition tripled revenue to $900M annually and expects $1.5B by end of 2026.
Uber says weekly AI agent requests have grown 9.4x since February, but
TL;DRUber's AI usage exploded but spending flatlined after burning budget early.
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