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Anthropic could file IPO paperwork as soon as this month and expects to match or top SpaceX's record raise, per Bloomberg. Nvidia denies a report it will ship a China AI chip by year-end, Google hands Marvell a $12.2B custom chip deal, Meta quietly became one of Microsoft's largest AI customers, and OpenAI gains on Anthropic with business users.
Nvidia pushes to spur the AI boom into its next phase while Big Tech scrambles to quell a growing public backlash, per Bloomberg and WSJ. Harvey remakes its AI legal platform with memory, Alibaba cloud revenue jumps 45%, and Binance lets AI agents trade as China's military weighs AI's limits in command.
OpenAI rolls out zero data retention for frontier models in a privacy play aimed squarely at Anthropic's enterprise tier, while researchers say the company revoked their access to its limited cyber program. Google packs Search and Gemini with new AI study tools and a student hub, Meta AI lands on Mac, and Cognition's CEO denies a reported SpaceX acquisition approach.
OpenAI argues for pacing model development as capabilities go cyber-critical and rolls out new safeguards plus a dedicated ChatGPT for Teens; Etched's valuation doubles to $21B as Jane Street deploys its first AI cluster; Cursor launches a GitHub rival while Anthropic's Claude writes a macOS driver in a viral agent demo. Meta's blockbuster trial, meanwhile, draws comparisons to big tobacco litigation.
Cursor launches Origin, a GitHub rival built for the AI coding era, while OpenAI tightens security after the Hugging Face breach. Etched's valuation doubles to $21B in a month, Groq raises $350M for its neocloud pivot, and Relay's team lands at Google's Chrome group — as Amazon faces backlash for destroying rare books to train AI.
Nvidia is backing OpenAI's 8GW PORTS-Pike data center campus in Ohio with up to $105 billion in guarantees, while Anthropic's annualized revenue surges to $65B. OpenAI launches a ChatGPT for Teens experience amid child-safety scrutiny, Claude begins watermarking AI-generated content, and OpenAI tightens defenses after AI agents breached its research environment.