@danprimack
Biz editor @Axios. Pro Rata newsletter. Dan@axios.com. Native Masshole. DM for Signal/Telegram.
Technology
Anthropic reportedly expects to raise $80 billion–$100 billion at a valuation of $1.25 trillion–$1.75 trillion.
Sports
An investment of up to $300 million depended on enough players committing for the 2027 season.
Technology
Schools avoiding AI in Search for managed K-12 student accounts would also forgo Search under Google's proposed controls.
Technology
Salesforce plans to pair Cresta's voice agents and conversation intelligence with its Service Cloud customer-service platform.
Technology
OPay priced shares at $19, then said a regulatory inquiry led it to abandon the offering.
Technology
The agreement would pair Marvell’s chips and networking technology with Lumentum’s lasers, pending shareholder and regulatory approvals.
Technology
OpenAI reportedly plans to propose mandatory AI safeguards and state legislation giving communities a say in data center projects.
Technology
The proposed acquisition would bring Rune’s frontline logistics data into Salesforce’s Missionforce defense business.
Technology
Axios reports the fund will buy molecules and drug programs that Formation Bio will help develop.
Technology
Reuters cites two people familiar with the matter on whether Nvidia could gain control of an AI distribution point.
Technology
Upwind told Bloomberg that Bessemer Venture Partners led the investment, with Greylock Partners and Craft Ventures participating.
World & Business
Axios says the deal would expand Bon Secours Mercy Health’s outpatient services, at $23.50 per Surgery Partners share.
Technology
Kalshi says the filing is due at 9 a.m. EST; a separate post also expects it on October 26.
Technology
The Information reports the proposed shift would broaden the firm’s investments beyond blockchain.
YouTube
Technology
Axios Pro describes Fireblocks as a stablecoin infrastructure and custody company and cites multiple sources for the talks.
Technology
Axios reports Elon Musk described independent-director committees exploring a deal; Gizmodo says they have not agreed on terms.
World & Business
Axios reports Kaplan will stay through the 2026 midterms as Meta prepares to redistribute external-affairs and policy duties.
Technology
Axios reports Kaplan will stay through the 2026 midterms and into 2027 for a transition involving other executives.
Technology
He argues scarce GPUs and rising data-center costs currently favor CoreWeave despite difficult debt markets.
Technology
Dan Primack says the comptroller's only interaction with Anthropic was sending a letter, which the company confirmed receiving.