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- Anthropic launches $100M AI fund together with Menlo Ventures
Anthropic launches $100M AI fund together with Menlo Ventures
Bay Area Times
July 18, 2024
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Top stories today:
- Anthropic launches $100M AI fund together with Menlo Ventures
- TSMC’s net sales +40% YoY to NT$ 673.5B ($20.6B) in Q2
- Cybersecurity startup funding +144% YoY to $4.2B in Q2
- T-Mobile ranked fastest internet provider in U.S., most states
- Harris flips Biden on betting odds after he catches Covid
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Anthropic launches $100M AI fund together with Menlo Ventures
Checks of $100K+ into seed and Series A startups.
OpenAI’s Startup Fund raised $175M in May 2023.
2. TSMC’s net sales +40% YoY to NT$ 673.5B ($20.6B) in Q2
Net income +36%to $7.6B (37% margin).
Guidance of $23.2B in sales in Q3, above the maximum it had guided previously.
Stock +3% in the pre-market, after being -8%yesterday on news of tighter export controls and Trump saying that Taiwan took “about 100%” of America’s semiconduction business.
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