Anthropic Files Confidentially for IPO, Setting Up a Test of AI Valuations
SAN FRANCISCO — The paperwork has not been made public, and the company has said almost nothing, but the filing landed this week and it is the most anticipated document…
OpenAI’s Codex Adds Plugins for Six Professions, Reaching Into Banking
NEW YORK — The workflow OpenAI demonstrated for its new investment banking plugin looked like a junior banker’s morning compressed into seconds. Codex pulled the comparable transactions, checked them against…
Microsoft Ships Seven In-House AI Models, Testing Its Ties to OpenAI
SEATTLE — On the Build 2026 stage, a Microsoft engineer handed a new reasoning model a 40,000-line codebase and asked it to find a memory leak, explain the cause in…
IBM Commits $10 Billion to Quantum Computing With a 2029 Deadline
IBM announced on June 2 that it will invest more than $10 billion in quantum computing over the next five years, a commitment it tied directly to a specific promise:…
A Startup Raises $10 Million to Police AI Output Before It Reaches Customers
Kumesh Aroomoogan has raised venture money before, but nothing like this. The chief executive of ZeroDrift, a New York startup that sits between AI systems and their users to catch…
Water Rights and Bank Fees Complicate SpaceX’s Path to Market
SpaceX begins its IPO roadshow this week with a valuation target that would make it the largest company ever to debut on U.S. markets, and two of the messiest details…
Alphabet Plans $80 Billion Equity Raise to Fund Its AI Buildout
Alphabet said on June 1 that it plans to raise $80 billion through equity offerings to finance the expansion of its artificial-intelligence infrastructure, an amount larger than the sovereign wealth…
Anthropic Files Confidentially for an IPO, Stepping Ahead of OpenAI
The announcement landed on a Monday morning with the understated cadence of a compliance notice, and it changed the shape of the year’s biggest listing season. Anthropic, the artificial-intelligence company…
Salesforce Buys Contentful, Betting Content Is the Missing AI Layer
The deal had been discussed for years inside both companies, and on June 1 it finally closed on paper. Salesforce announced it had signed a definitive agreement to acquire Contentful,…
SoftBank Overtakes Toyota as Japan’s Most Valuable Company
The ticker at the Tokyo Stock Exchange told the story that hundreds of analysts had been expecting. On June 1, SoftBank Group’s market capitalization edged past Toyota Motor’s, making the…
