AI Update | Meta Trials Subscription Model, Anthropic’s Valuation Skyrockets Amidst Funding Surge

Anthropic secured $65 billion in a Series H funding round, spearheaded by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia, elevating its valuation to $965 billion. Meanwhile, Meta is piloting paid AI subscriptions starting at $7.99 per month, with plans to potentially enter the cloud computing space and increase AI capital expenditures to as high as $145 billion by 2026. Samsung has announced that its next-generation AI memory supply for 2026 is fully booked, and both Mistral and OpenAI are expanding their AI initiatives.