Anthropic’s $6.4B revenue split, OpenAI’s $100B round and a $10 trillion AI infrastructure bet: AI finance news this month

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AI's growth story is getting more expensive.

Our latest reporting shows how soaring revenue forecasts are colliding with massive infrastructure costs, aggressive fundraising and bigger bets on the physical world. Subscribe now for $299 and save 25% on the first year to understand the context behind the headlines, and don't miss the next big story.

The margin squeeze

Anthropic could share up to $6.4 billion in revenue with Amazon, Google and Microsoft in 2027, up sharply from 2026. Those payments are separate from the tens of billions it expects to spend on computing power — underscoring how much of AI's topline flows back to cloud partners.

The $100 billion round

OpenAI is finalizing first commitments for a funding round that could reach $100 billion, aimed at supporting projected compute costs that could exceed $450 billion this decade.

Capital moves beyond models

Anduril is discussing new funding at a $60 billion-plus valuation as it expands weapons manufacturing. ServiceNow continues to grow around 20% annually with strong cash flow as investors reassess AI software plays. A startup developing a GPS alternative for physical AI has reached a $1 billion valuation.

The $10 trillion question

Niantic founder John Hanke argues that the projected $10 trillion investment in AI by 2030 must transform manufacturing, logistics and agriculture — not just digital ads and chatbots.

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