Anthropic Makes Its Move

Welcome to the tech brew ride home for Friday, 02/13/2026. I'm Brian McCullough. Today, Anthropic raises the second largest financing round of all time. Other AI players are beginning to show hockey stick revenue growth. Meta wants to add facial recognition to its glasses. Ring pulls back from some recognition partnerships for its cameras. And, of course, your weekend long read suggestions. Here's what you missed today in the world of tech. Anthropic has raised a $30,000,000,000 series g round led by GIC and Co2 and co led by D. E. Shaw, Dragonair, Founders Fund, ICONIC, and MGX at a $380,000,000,000 post money valuation, quoting CNBC. OpenAI has the largest private tech fundraising round on record. Rival, Anthropic, now has the second largest. Anthropic announced on Thursday the close of a $30,000,000,000 funding round at a $380,000,000,000 post money valuation, more than double what the artificial intelligence company was worth in September when it last raised money. Anthropic said the round includes a portion of the previously announced investments from Microsoft and NVIDIA, which said in November that they plan to commit up to 5 and $10,000,000,000 respectively. Anthropic's annualized revenue has climbed to $14,000,000,000, the company said, after revenue last year reached roughly $10,000,000,000. Whether it is entrepreneurs, startups, or the world's largest enterprises, the message from our customers is the same. Claude is increasingly becoming more critical to how businesses work. Anthropic CFO Krishna Rao said in a statement, this fundraising reflects the incredible demand we are seeing from these customers. The company said the Fresh Capital will support Anthropic's infrastructure expansion, research, and its continued investment in enterprise grade products. OpenAI is also engaged in fundraising talks with investors for a round that could close at around a $100,000,000,000 as CNBC previously reported. The company has to pad its cash position after inking $1,400,000,000,000 worth of infrastructure deals last year. Anthropic gets about 80% of its business from enterprises CEO Dario Amadai told CNBC last month. That's partly thanks to the company's viral AI coding tool, Cloud Code, which can automate parts of the software development process. Claude Code's annualized revenue has increased to 2 and a half billion dollars and business subscriptions have quadrupled since the start of the year, Anthropic said Thursday. Enterprise users represent more than half of Claude Code's revenue, end quote. Just to underline that a bit, Anthropic says its run rate revenue has hit $14,000,000,000 growing over 10 x annually in each of the past three years and Cloud Code's run rate revenue has grown to more than 2 and a half billion dollars. We are, folks, seeing revenue in some of these places. Go hockey stick. Here's another data point to that end, also from CNBC. Cohere hit roughly $240,000,000 in annual recurring revenue last year, surpassing its $200,000,000 target according to a February investor memo viewed by CNBC. It saw quarter over quarter growth of more than 50% throughout 2025, the memo said. Our thesis is clearly resonating in …