Susan Li reports on Big Tech’s massive AI spending surge in 2026, highlighting the tech giants’ billion-dollar bets.
Anthropic is nearing a financing deal that would value the San Francisco AI startup at roughly $380 billion previously; if closed, the valuation would rise to about 2.5 times its late-MQ1 value, positioning Anthropic ahead of OpenAI. Mythos, a security-focused AI model, has sparked international interest after limited release.