SNAK Venture Partners raises $50M fund to back vertical marketplaces
SNAK Venture Partners announced Wednesday the close of its oversubsubscribed $50 million debut fund, anchored by Pritzker Group.
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OpenAI boasts enterprise win days after internal ‘code red’ on Google threat
ChatGPT Enterprise usage grew 8x year-over-year as workers report saving an hour daily, but OpenAI faces competitive pressure from Anthropic and questions about cost sustainability.
Anthropic projects $70B in revenue by 2028: Report
The Information reports that Anthropic expects to generate as much as $70 billion in revenue and $17 billion in cash flow in 2028. The growth projections are fueled by rapid adoption of Anthropic’s business products, a person with knowledge of the company’s financials said.