Anthropic founders plan equal IPO share sales while retaining voting control
Anthropic's seven co-founders each plan to sell 3,378,378 shares in its IPO while collectively retaining 51.1% of the votes, TechCrunch reported from the company's new S-1 filing. The initial price range is $70 to $78 per share.
Anthropic bankers weigh higher IPO price and valuation target of $1.5T or more
Anthropic's bankers are considering raising its IPO price after heavy investor demand, the Financial Times reported, citing sources. The increase could lift the Claude maker's valuation target to $1.5T or more.
Blue J raises $176M to expand AI tools for tax work
Toronto-based Blue J raised $176M in a Series E led by JMI Equity, valuing the tax AI company at more than $700M. Existing investors Oak HC/FT and Sapphire Ventures participated alongside Intrepid Growth Partners, and JMI principal Jack Duane will join the board.
Mercor raises $750M at a $20B valuation
AI training startup Mercor said Tuesday it raised $750M in a Series D funding round at a $20B valuation, Reuters reported. Benchmark, General Catalyst and Nvidia participated alongside other investors. The valuation increased from $10B in October 2025.
Odessia founder says OpenAI acquired travel startup as its tool shuts down
OpenAI has acquired AI travel startup Odessia, founder Francis Davidson said in an announcement. Davidson has joined OpenAI to work on travel, and an OpenAI spokesperson confirmed his hire to TechCrunch. The deal's terms were not disclosed.
Google Cloud opens US preview of Gemini for healthcare
Google Cloud made Gemini for healthcare available in US preview on Tuesday, offering an AI agent that works across hospitals' and insurers' existing records, billing and insurance systems.
