“Anthropic is set to raise $20 billion in its latest funding round, double the amount it initially targeted, according to the FT.”, — write: www.coindesk.com
- Anthropic, the maker of the Claude chatbot, is set to raise about $20 billion in new funding at a valuation of $350 billion, according to the Financial Times.
- That’s double the amount the company initially sought to raise.
- The news is boosting spirits in the AI sector, with bitcoin miners turned AI infrastructure providers like IREN, TeraWulf, Cipher Mining and Hut 8 surging higher.
The San Francisco-based firm had targeted a $10 billion investment round, people familiar with the matter told the FT, but it quickly became evident that investors are hungrier for AI than anticipated.
Anywhere between $10 to $15 billion of the fresh capital will be received as early as Tuesday, with the rest being finalized in the coming weeks. The deal is led by Singaporean sovereign wealth fund GIC and US investor Coatue, with Sequoia Capital also contributing a large sum.
Those bitcoin miners that have pivoted more towards AI and high-performance computing (HPC) infrastructure are seeing major gains on Tuesday alongside the news. IREN (IREN) and Cipher Mining (CIFR) are each higher by more than 12%, with Hut 8 (HUT) and TeraWulf (WULF) posting gains of more than 8%.
AI-linked token Near Protocol NEAR$1.4814 is modestly higher as well.
In addition to this funding round, tech powerhouses Microsoft and Nvidia have previously said that they would invest $10 billion and $5 billion, respectively, into Anthropic.
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
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The president said he isn’t concerned about the dollar’s recent declines, sending the greenback plunging even lower.
- Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
- Gold rose to a new record above $5,200 per ounce following the president’s comments.
- One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.
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