April 30, 2026 News

Anthropic Seeks $900B+ Valuation in Massive Funding Round Ahead of Anticipated IPO

Anthropic is soliciting investor allocations for a roughly $50 billion funding round targeting a $900 billion valuation, with closure expected within two weeks. The AI company, which has surpassed $30 billion in annual revenue (closer to $40 billion according to sources), is raising capital to fund computing infrastructure before a planned IPO later this year. This would more than double its February 2026 valuation of $380 billion and surpass rival OpenAI's $852 billion valuation.

OpenAI Restricts Access to GPT-5.5 Cyber Tool Despite Criticizing Anthropic's Similar Approach

OpenAI is limiting access to its new cybersecurity tool, GPT-5.5 Cyber, releasing it only to "critical cyber defenders" through an application process, despite CEO Sam Altman previously criticizing Anthropic for taking the same approach with its Mythos tool. The tool can perform penetration testing, vulnerability identification, and malware reverse engineering, with concerns about potential misuse by malicious actors. OpenAI is consulting with the U.S. government to eventually expand access to verified cybersecurity professionals.

Elon Musk Confirms xAI Used Model Distillation on OpenAI's Grok Training

Elon Musk testified in federal court that xAI used distillation techniques—training AI models by prompting competitors' chatbots—on OpenAI models to develop Grok, calling it a general industry practice. This admission comes amid growing concerns from frontier labs like OpenAI and Anthropic about distillation undermining their competitive advantages, particularly regarding Chinese firms creating cheaper, comparable models. The revelation highlights potential violations of terms of service and raises questions about the ethics and legality of such practices among leading AI companies.

Stripe Launches Link Digital Wallet with Autonomous AI Agent Payment Capabilities

Stripe has introduced Link, a digital wallet designed for both human users and autonomous AI agents to manage payments securely. The wallet allows users to grant AI agents controlled spending permissions without exposing raw payment credentials, using OAuth authentication and approval workflows. Link supports payment methods including cards, banks, crypto wallets, and buy now/pay later services, with plans to add agentic tokens and stablecoins.

Anthropic in Talks for Massive $50B Funding Round at $900B Valuation Amid Explosive Revenue Growth

Anthropic, creator of the Claude AI assistant, is reportedly considering a $40-50 billion funding round at a valuation between $850-900 billion, with a board decision expected in May. The company's annual revenue run rate has surged dramatically from approximately $9 billion at the end of 2025 to over $30 billion recently, with current estimates closer to $40 billion, driven largely by AI coding capabilities through Claude Code and Cowork platforms. This potential raise would more than double Anthropic's February valuation of $380 billion and position it competitively with OpenAI's $852 billion valuation.