Startup

Anthropic is expected to receive a high “junk” credit rating after its initial public offering, according to a Financial Times report.

The company aims to carry 90 passengers initially for 800 kilometers and later 1,000 kilometers, cutting emissions to zero on served routes.

Alex Lee has become the first engineer at Magic Patterns, the Y Combinator-backed startup building AI-first tools for product designers.

General Compute closed a $100 million Series A led by Blackbird Ventures and Abstract Ventures, raising its post-money valuation to $800 million from $60 million after May seed round.

Anthropic's forthcoming IPO could deliver billions to venture investors, but its S-1 shows the biggest financial winner may be Amazon.