Updated Sep 7
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Anthropic Nears $900B Valuation with Upcoming Funding Round
Anthropic is eyeing a $900 billion valuation with its latest funding round expected to close within two weeks. The AI company is raising $50 billion to support massive computing needs before an anticipated IPO later this year. Existing investors since 2024 may skip this round, holding out for IPO gains.
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OpenAI Boosts APAC AI Strategy with New Marketing Chief Jennifer Lien
Jennifer Lien joins OpenAI as head of marketing for APAC, headquartered in Singapore. Her role focuses on expanding AI adoption and relevance in the region's consumer and B2B sectors, emphasizing local strategies. With AI uptake climbing, Lien plans to merge global vision with regional specificity.
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Perplexity AI's Meteoric Rise: A New Contender in the Search Arena
Perplexity AI is gaining ground against search giants like Google with remarkable revenue growth and strategic expansions. In 2025, the company achieved a 233% increase in annual recurring revenue, reaching over $100 million fueled by AI-driven innovations and strategic enterprise partnerships. Its user base now exceeds 10 million monthly active users, positioning it as a front-runner in the AI search revolution.
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