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Anthropic nears $15 billion revolver ahead of IPO filing

Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter cited by Bloomberg. Morgan Stanley is leading the process, with Goldman Sachs, JPMorgan Chase and Citigroup also holding prominent roles. The facility clears a hurdle before Anthropic's anticipated public filing, Bloomberg reported. Companies typically finalize such revolvers before formally assigning bank roles for a listing.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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JPMorgan deploys $230 billion in economic security financing

JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...

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Town raises $108m at $1bn valuation for workplace AI assistants

Town announced a $108m Series B on Monday at a $1bn valuation, co-led by Forerunner Ventures and Menlo Ventures. Existing investors a16z and First Round Capital also participated. The startup connects individual AI assistants to ...

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AI companion startup Tolan raises $30 million

Tolan has raised another $30 million from investors including Union Square Ventures, Khosla Ventures and Homebrew, TechCrunch reported, citing Upstarts Media. The round doubles the AI companion startup's total funding; its new val...

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Dream Labs raises $90M seed round for robot model business

Dream Labs raised a $90M seed round led by B Capital and Kindred Ventures, Forbes reported. The company offers an API for Dream-1, a robot foundation model trained on human videos, giving developers a way to access the model throu...

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Prism Data raises $20 million for credit risk analytics

Prism Data raised $20 million in Series A funding led by Story Ventures, CEO Jason Rosen told Axios. The company provides credit-scoring data and analytics that use bank transaction data to help lenders assess borrowers' credit ri...

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