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INVESTORS AND FUNDING
Physical Intelligence in talks at a $20bn valuation, Bloomberg reports
Physical Intelligence wants at least $1bn, with existing backers Avenir and Lux Capital in talks to lead. Bloomberg’s sources say it has no revenue yet.
ANTHROPIC
Anthropic may offer up to 20% of its IPO to retail, Bloomberg says
Senator Elizabeth Warren has given Anthropic until 3 November to answer questions on AI risk. Its S-1 also lists $120.5bn of SpaceX compute and a gross margin of about 85%.
BUSINESS APPS
Slack’s founder got one hour with Benioff before the $27.7bn sale
Butterfield left after Salesforce put him on a Davos panel with will.i.am. Slack co-founder Cal Henderson says Salesforce’s sales team didn’t use or understand Slack.
ANTHROPIC
Anthropic may offer up to 20% of its IPO to retail, Bloomberg says
Senator Elizabeth Warren has given Anthropic until 3 November to answer questions on AI risk. Its S-1 also lists $120.5bn of SpaceX compute and a gross margin of about 85%.
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