Snowflake in the spotlight again as AI, cloud data, and earnings chatter push stocks; founded in San Mateo, now Menlo Park-based data platform.
Anthropic has raised $65 billion in a funding round led by Altimeter Capital, Greenoaks, Dragoneer and Sequoia, valuing the company near $965 billion post‑money and placing it ahead of OpenAI in private valuations. The cash will fund enterprise expansion of Claude, new model development and hiring as Anthropic readies for potential IPOs and broader commercial growth.
The AI-driven demand for memory chips has pushed Micron and SK Hynix to trillion-dollar valuations, with Samsung maintaining a leading profit position. Industry consolidation and AI-related memory usage are reshaping the sector, while concerns over moats and demand durability linger.