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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.

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Bloomberg

Daniel Boulud's COVID-Era Bet

Five years after opening Le Pavillon during the height of COVID, Michelin-starred chef and Dinex Group Owner Daniel Boulud and SL Green CEO Marc Holliday joined Bloomberg Open Interest to talk about how luxury dining helped reinvent New York office real estate. They discuss the return-to-office boom, hospitality-driven workplaces, and why restaurants have become a key tool for attracting talent and premium tenants.

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Bloomberg

Gap Lowers Sales Outlook; Dell Soars on AI Demand | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Dell (DELL) shares are soaring after the company gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work. - Gap (GAP) shares plunged after the company lowered its sales outlook due to struggles with its product mix. - NetApp (NTAP) shares jumped after the data storage provider reported its latest earnings. Analyst say the report is a strong print from the company, showing strong growth, with upgrades to consensus expected.

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