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Friday, 24 May 2024

Sources: a16z, Sequoia Capital, and Tribe Capital commit to joining xAI's new funding round, in which the company seeks to raise ~$6B at an $18B valuation (Financial Times)

Financial Times:
Sources: a16z, Sequoia Capital, and Tribe Capital commit to joining xAI's new funding round, in which the company seeks to raise ~$6B at an $18B valuation  —  Billionaire's artificial intelligence start-up closes in on $6bn funding round as it seeks more financial firepower



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Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg : Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025...