• Anthropic raised a $65B Series H at a $965B post-money valuation led by Altimeter, Dragoneer, Greenoaks, and Sequoia, and says its revenue run rate crossed $47B (New York Times)
• Anthropic says it expects Mythos-class models to be available to all customers "in the coming weeks" following the development of stronger safeguards (Madison Mills/Axios)
• Corgi, which uses AI to provide insurance for startups, raised a $106M Series B1 at a $2.6B valuation, up from $1.3B on May 6, for a total funding of $378M (Dominic-Madori Davis/TechCrunch)
• Anthropic launches Opus 4.8, saying it's "more likely to flag uncertainties about its work and less likely to make unsupported claims", at the same price as 4.7 (Russell Brandom/TechCrunch)
• Elon Musk says Anthropic's Colossus deal is "a 180 day lease with 90 day notice"; SpaceX's S-1 said Anthropic "agreed to pay a monthly fee through May 2029" (Russell Brandom/TechCrunch)
• Meta's Oversight Board says Meta agreed to increase its funding by $13M, ensuring that it will be funded through 2028, reversing a planned decrease in funding (Casey Newton/Platformer)
• IBM plans to invest more than $10B in quantum computing over five years as it aims to build the first large-scale, error-free quantum computer by 2029 (Reuters)
• Waymo unveils Ojai, a vehicle designed in partnership with Zeekr for robotaxi use, initially for select riders in San Francisco, Los Angeles, and Phoenix (Edward Ludlow/Bloomberg)
• YouTube launches new Premium podcast features, including an AI-powered recommendation tool, an "Auto speed" setting, and a new on-the-go listening mode (Aisha Malik/TechCrunch)
• Saris, which builds AI agents to automate back-office work for banks and credit unions, raised a $28.8M Series A led by 8VC (Ryan Lawler/Axios)
• Reactor, which says its AI platform can generate video in real-time with near-zero latency, emerges from stealth with a $59M Series A led by Lightspeed (Todd Spangler/Variety)
• Visa makes an undisclosed investment in Replit; the two will explore how developers on Replit can use Visa Intelligent Commerce and the Trusted Agent Protocol (Ivan Mehta/TechCrunch)
• Source: Groq is raising up to $650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team leave (Dan Primack/Axios)
• Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the "fast evolution of AI capabilities" and currency exchange rate difficulties (CJ Haddad/CNBC)
• Intel unveils its first dedicated handheld gaming chips, the Arc G3 and Arc G3 Extreme, featuring Xe3 GPU cores, arriving first in the Acer Predator Atlas 8 (Sean Hollister/The Verge)
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