One investor who has backed both companies told the FT that justifying OpenAI's recent round required assuming an IPO valuation of $1.2 trillion or more — making Anthropic's current $380 billion valuation look like the relative bargain.
In an interview at the Semafor World Economy summit this week, Anthropic co-founder Jack Clark explained why the company was still engaged with the U.S. government while simultaneously suing them.
The device could help address multiple neurological conditions if it proves successful. One early use could be delivering gentle electrical stimulation to damaged brain or spinal cord cells to encourage healing.
Pillar hopes to offer sophisticated, institutional-grade tools to small and medium-sized enterprises. "Our goal is to make hedging as accessible and ubiquitous as payments or accounting software," he said.
