5 articles
OpenAI has raised $110 billion at a $730 billion pre-money valuation, with major backing from SoftBank, NVIDIA (NVDA), and Amazon (AMZN). The company reports 900 million weekly ChatGPT users and an expanded strategic compute partnership.
Claude Code installations in Visual Studio Code nearly doubled in January, signaling rapid adoption of AI coding assistants and highlighting growing momentum for Anthropic, with indirect exposure through Amazon and Google's stakes.
Jeff Bezos' stealth AI initiative Project Prometheus has quietly acquired agentic computing startup General Agents after raising over $6 billion and expanding to more than 100 employees.
Perplexity just dropped a free AI-powered shopping tool for U.S. users, built together with PayPal. Starting next week, customers can search for products, compare options, and buy stuff without ever leaving the platform.
New WSJ commentary highlights how rapid AI investment is weakening Big Tech balance sheets. S&P Capital IQ and FactSet charts show falling cash ratios and rising capital expenditures at Amazon, Microsoft and Alphabet.
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Peter Smith
Saad Ullah
Usman Salis
Marina Lyubimova
