… But Anthropic’s complicated corporate structure and governance, including its status as a public benefit corporation that partly answers to a committee the company calls a Long-Term Benefit Trust, could lead to both delays and a knockdown in valuation. …
… People are clamoring to buy equity in OpenAI and Anthropic on the secondary market, leading to a frenzy of transactions that may or may not be legitimate. …
… SpaceX is pursuing the largest IPO in history, with hopes of raising about $75 billion at a valuation of $1.75 trillion. …
… But Cursor says it has other strategies to compete with the leading AI labs. …
… Trajectory has raised a $15 million seed round at a $115 million post-money valuation, led by the venture capital firm Conviction, with participation from Bessemer Venture Partners, Radical VC, and BoxGroup. …
… But it spent far more money on cloud computing and thousands of staff, leading to billions of dollars in losses. …
… I think it gets in the way of—we're leading China, we're leading everybody, and I don't want to do anything that's going to get in the way of that lead. …