
Anthropic Signs $19B Lease With Former Bitcoin Miner
Anthropic signed a 20-year, $19 billion data center lease with TeraWulf at a former aluminum smelter in Kentucky, its largest dedicated infrastructure commitment yet.
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Anthropic signed a 20-year, $19 billion data center lease with TeraWulf at a former aluminum smelter in Kentucky, its largest dedicated infrastructure commitment yet.

Crusoe is in talks to raise roughly $3 billion at a $30 billion valuation, tripling what investors paid eight months ago as AI compute demand outstrips available infrastructure.

Crunchbase data shows global startup investment hit $510 billion in H1 2026 - more than all of 2025 combined - with AI absorbing over 70% of Q2 capital and two labs capturing 43% of the total.

Microsoft launches Frontier Company with $2.5B and 6,000 engineers to embed AI inside enterprise clients, escalating the arms race against OpenAI, Anthropic, and Amazon.

Erik Voorhees' privacy-first AI platform closes its first outside round at a $1B valuation, backed by crypto-native VCs Dragonfly and Coinbase Ventures.

MGX closes its first AI fund at $49B, beating a $45B target, after co-leading the biggest funding rounds for OpenAI, Anthropic, and xAI over the past six months.

Amazon's new Forward Deployed Engineering unit places AI specialists inside enterprise clients to build and ship agentic systems in weeks, following similar programs already launched by OpenAI and Anthropic.

Transformer ASIC startup Etched comes out of stealth with first-pass silicon on TSMC N4P, $800M raised, and more than $1B in signed customer contracts.

Sam Altman has rejected any sub-trillion IPO valuation as a nonstarter, pushing the listing to 2027 while SoftBank takes a 13% hit and SpaceX's stumbling debut makes the wait look smarter.

General Intuition raised $320 million at a $2.3 billion valuation on the bet that billions of hours of video game footage - with action labels - can train AI agents that operate in the real world.

Agility Robotics merges with Churchill Capital XI at a $2.5B valuation, becoming the first publicly traded pure-play humanoid robot company with robots already earning commercial revenue.

Micron and Anthropic signed a multi-year HBM supply deal on June 22, with Micron also investing in Anthropic's Series H as memory bandwidth becomes the rate-limiting constraint for frontier AI.