KPMG Goes All-In on Claude, Deploying to 276K Staff
KPMG and Anthropic signed a global alliance giving all 276,000 employees access to Claude, with a dedicated PE product and a preferred-consultant designation for private equity deployments.
Articles Tagged "Venture Capital"
AI Startups Are Gaming Revenue and VCs Look Away
AI founders are reporting contracted ARR as actual revenue, inflating public figures by 3-5x - and their investors know it.
Brett Adcock's Hark Raises $700M for AI Interface
Brett Adcock's AI lab Hark has closed a $700M Series A at a $6B valuation before shipping a single product, with chip companies AMD, Intel, Qualcomm, and NVIDIA all backing the bet.
Cowboy Space Raises $275M to Build Its Own Rockets
Baiju Bhatt's orbital AI compute startup raises $275M at a $2B valuation and plans to build its own rockets to bypass SpaceX and Blue Origin bottlenecks.
OpenAI, Anthropic Launch $11.5B Enterprise AI Bets
OpenAI and Anthropic announced rival PE-backed enterprise AI services ventures on the same day, each deploying forward-deployed engineers into corporate clients via private equity distribution.
Nvidia Bets $40B on Its Own AI Customers
Nvidia has crossed $40 billion in equity commitments this year, investing in the same AI companies that buy its chips - raising serious questions about circular money flows in the ecosystem.
Moonshot AI Goes From $4.3B to $20B in Six Months
Moonshot AI closed a $2B round at a $20B valuation, four-times its end-2025 value, on the strength of its Kimi open-weight models and $200M ARR.
DeepSeek Nears $45B as China's Big Fund Leads Round
China's state semiconductor fund is leading DeepSeek's first-ever VC raise at a $45B valuation, signaling a strategic shift from chip investment to backing AI model labs directly.
SubQ Launches: 12M-Token Context on Sub-Quadratic AI
Subquadratic exits stealth with SubQ, the first frontier model built on a sparse-attention architecture, a $29M seed round, and a 12M-token context window that costs a fraction of Opus.
Sierra's $950M Round and the End of the Call Center
Sierra raised $950M at a $15.8B valuation to put AI agents in charge of customer service for some of the world's largest insurers and banks - and the safety questions are just beginning.
OpenAI, Anthropic Race to Build Their Own Palantir
On the same day, OpenAI and Anthropic each announced PE-backed enterprise ventures valued at a combined $11.5B, both built on the forward-deployed engineer model Palantir made famous.
OpenAI Misses Revenue Targets - IPO in Doubt
WSJ reports OpenAI missed multiple monthly revenue targets and its 1B user goal in 2026, sending Oracle down 6% and chip stocks sliding as IPO doubts surface.
