AI & RoboticsNews

Anthropic projects $70B in revenue by 2028: Report

November 5, 2025
The Information reports that Anthropic expects to generate as much as $70 billion in revenue and $17 billion in cash flow in 2028. The growth projections are fueled by rapid adoption of Anthropic’s business products, a person with knowledge of the company’s financials said. Last month, Reuters reported that Anthropic is projected to more than double, and potentially nearly triple, its annual…
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AI & RoboticsNews

Microsoft’s $15.2B UAE investment turns Gulf State into test case for US AI diplomacy

November 4, 2025
Microsoft will invest $15.2 billion in the United Arab Emirates over the next four years, the company announced Monday at the first annual Abu Dhabi Global AI Summit. The investment will include the first-ever shipments of the most advanced Nvidia GPUs to the UAE. As part of the deal, the U.S. has granted Microsoft a license to export Nvidia chips to the UAE, a move that positions the country as…
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AI & RoboticsNews

Reddit CEO says chatbots are not a traffic driver

November 3, 2025
Reddit CEO Steve Huffman said AI chatbots aren’t a major traffic driver for the social platform despite companies like OpenAI and Google having seen progress in people using AI for search. During Reddit’s Q3 2025 call, the exec noted that Google search and direct access continue to be its top traffic drivers. “[Chatbots are] not a traffic driver today. I think our relationships with the…
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AI & RoboticsNews

Nvidia expands AI ties with Hyundai, Samsung, SK, Naver

November 3, 2025
Nvidia CEO Jensen Huang is visiting South Korea for the first time in 15 years to unveil new plans and deepen collaboration with major Korean tech companies – including Hyundai Motor, Samsung, SK, and Naver. During this week’s APEC Summit 2025, Nvidia and the South…
AI & RoboticsNews

Bevel raises $10M Series A from General Catalyst for its AI health companion

October 31, 2025
Most people tracking their health today end up with scattered clues. Their smartwatch shows sleep duration. A fitness app logs steps. A nutrition app counts calories. Yet few tools help people understand how all of this fits together. Bevel, a New York-based startup, believes that’s the missing piece in the shift toward proactive health. The company has raised a $10 million Series A from General…
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