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  1. IndustryReach 54

    Anthropic lands $30B mega-round at $380B valuation

    Anthropic just closed a massive $30 billion Series G round led by GIC and Coatue, pushing its post-money valuation to $380 billion. The company revealed a $14 billion annualized revenue run rate, with Claude Code generating over $2.5 billion and authoring 4% of all public GitHub commits. Why it matters: Anthropic is parlaying its commanding lead in enterprise coding into an unprecedented cash pile to fund next-gen compute infrastructure.

  2. IndustryReach 66

    Key Stable Diffusion researchers resign as Stability AI struggles

    Stability AI just lost the core research team behind Stable Diffusion, including lead researcher Robin Rombach and two key co-authors. The high-profile departures follow a string of executive exits, mounting compute and payroll debts, and stalled fundraising efforts, putting the open-source darling under immense survival pressure.