Anthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each investing over $2 billion. Google and Amazon also joined as part of previously announced multibillion-dollar commitments to Anthropic.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires