Altimeter Capital
Coverage of Altimeter Capital in the Nexus archive.
- The architect of Trump Accounts says the president hopes to auto-enroll 70 million American kids
The architect of Trump Accounts, Brad Gerstner, stated that President Donald Trump aims to automatically enroll up to 70 million American children under 18 into investment accounts. The program, currently opt-in, would require collaboration with government agencies to use Social Security numbers for auto-enrollment, with contributions from private donors and corporations.
- These are the millionaires and billionaires pledging to fund Trump accounts
Michael Dell and Brad Gerstner are among wealthy individuals pledging to fund Trump Accounts, a government-launched investment savings account for children born between 2025 and 2028. The accounts receive a $1,000 federal contribution, with private donors like the Dells adding $6.25 billion for 25 million children in specific income areas. The initiative aims to promote capitalism and wealth-building for future generations.
- Anthropic hits $965B valuation with latest funding round, overtaking OpenAI
Anthropic raised $65 billion from investors at a $965 billion valuation in its latest funding round, surpassing OpenAI's valuation. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
- Anthropic overtakes OpenAI as the most valuable AI startup
Anthropic raised $65 billion in a Series H funding round, achieving a $965 billion valuation and surpassing OpenAI's $730 billion valuation. The funding, led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, includes $15 billion in prior hyperscaler commitments, with Amazon contributing $5 billion. Anthropic plans to use the funds for safety research, compute expansion, and scaling its Claude products.
- Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges
Anthropic raised $65 billion in private funding, pushing its valuation to $965 billion and surpassing OpenAI in market value and revenue. The company reported $47 billion in annualized revenue and launched a new AI model, Claude Opus 4.8, while facing legal challenges with the Trump administration over AI use in warfare.