February 12, 2026 News

Anthropic Secures $30 Billion Series G Funding at $380 Billion Valuation

Anthropic has raised $30 billion in Series G funding, increasing its valuation to $380 billion from a previous $183 billion. The round was led by GIC and Coatue, with participation from numerous high-profile investors including Founders Fund and Abu Dhabi's MGX. This massive funding comes amid intense competition with OpenAI, which is reportedly seeking $100 billion in additional funding for an $830 billion valuation.

Spotify Developers Stop Writing Code Manually as AI System Takes Over Programming Tasks

Spotify reported that its top developers haven't written code since December, relying instead on an internal AI system called "Honk" that uses Claude Code for real-time code deployment. Engineers can now request bug fixes and new features via Slack on their phones, with AI completing the work and deploying it to production without manual coding. The company shipped over 50 new features in 2025 using this approach and is building proprietary datasets for music-related AI applications.

OpenAI Launches Faster Codex Model Powered by Cerebras' Dedicated AI Chip

OpenAI released GPT-5.3-Codex-Spark, a lightweight version of its coding tool designed for faster inference and real-time collaboration. The model is powered by Cerebras' Wafer Scale Engine 3 chip, marking the first milestone in their $10 billion partnership announced last month. This represents a significant integration of specialized hardware into OpenAI's infrastructure to enable ultra-low latency AI responses.

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February 2026
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