Seeking Alpha’s roundup of announcements, statements, and remarks that could impact the technology sector.
- Anthropic, best known for its AI chatbot Claude, said it plans to triple its international workforce and quintuple the size of its applied AI team due to increased global demand for its technology.
The company, which is backed by Amazon (NASDAQ:AMZN), said nearly 80% of Claude usage now comes from overseas, with South Korea, Australia, and Singapore already topping the U.S. in usage. Anthropic attributed the boost in part to increased adoption of its technology in the pharma and sovereign wealth management sectors.
“What is amazing is we haven’t, up until recently, had significant human presence in Europe, in Japan, in our international markets, and yet we already have a very, very significant business over there,” Anthropic Chief Commercial Officer Paul Smith told CNBC in an interview.
Anthropic’s business customer base has mushroomed from just under 1,000 to over 300,000 in two years, CNBC added.
Other leading developers of AI chatbots include Microsoft-backed (MSFT) OpenAI, Tesla (TSLA) CEO Elon Musk’s xAI, Meta (META), and Alphabet’s Google (GOOG) (GOOGL).
- SPAC king Chamath Palihapitiya raised $300 million, while Fundstrat’s Tom Lee raised $250 million through IPOs for their respective AI-focused blank check companies.
American Exceptionalism Acquisition Corp. (NYSE:AEXA), which is led by Palihapitiya, plans to focus on the energy, AI, decentralized finance, and defense sectors. SoFi (SOFI) and Virgin Galactic (SPCE) both went public through mergers with previous Palihapitiya-backed SPACs.
Meanwhile, FutureCrest Acquisition Corp. (FCRS), a SPAC backed by Fundstrat co-founder Tom Lee, also went public on Friday. The blank check company plans to focus on a potential merger in the AI, digital assets, robotics, or fintech space.