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Bloomberg

Trump Is Making 'Final Determination' on Iran

President Donald Trump says he's making a "final determination" on a preliminary deal to extend a ceasefire with Iran. Trump said Friday on Truth Social that he's holding meetings in the Situation Room. Former US Rep. Jane Harman, a Democrat from California, says Trump doesn't have many military options left. She is on "Balance of Power."

Read more: Trump Is Making 'Final Determination' on Iran
Bloomberg

SpaceX Said to Lower Target for IPO Valuation to $1.8 Trillion

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, according to sources, after Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. Bloomberg's space and aviation managing editor Benedikt Kammel joins Tim Stenovec on "Bloomberg Tech."

Read more: SpaceX Said to Lower Target for IPO Valuation to $1.8 Trillion
Bloomberg

Anthropic Raises at $965 Billion Valuation, Eclipsing OpenAI

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI's value for the first time. The funding, announced Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Each of the lead investors put in more than $2 billion, according to people familiar with the matter. Sequoia declined to comment. The other three firms did not respond to a request for comment. For more, we speak with Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence.

Read more: Anthropic Raises at $965 Billion Valuation, Eclipsing OpenAI