Anthropic is planning to potentially raise money at a $1 trillion valuation.

And on the same day, we have Cloudflare who is cutting more than 1,100 jobs in kind of what they're calling an AI native reset.

This is similar to what we've seen from Coinbase and what we've seen also from eBay.

Snapchat has canceled their $400 million perplexity deal because

their Q1 revenue for ad sales was $1.53 billion lower than they expected. And we also have a

bunch of new texts and information from Elon Musk versus Sam Altman lawsuit. And a couple

really interesting revelations come out of that.

One, apparently Microsoft was worried that OpenAI was going to quote-unquote storm off to Amazon before they gave them a billion dollars. They're worried if they didn't give them enough money, that they were going to go leave them and go somewhere else. And so that's kind of what prompted Microsoft put a billion dollars in. Of course, that was probably the greatest investment in Microsoft history, so ended up being a great thing for them. We also learned that Microsoft was deeply skeptical of opening I ever achieving AGI before they put that billion dollars in. And one last

juicy thing that we find is there's a bunch of text messages, about 78 text messages between

Miriam Moradi and Sam Altman after

Sam Altman got kicked out, basically him trying to get himself rehired and trying to get the then

CTO of Open AI to bring him back. And there's a bunch of viral videos that people are making of this

where they're like turning into emo punk songs. And anyways, it's hilarious. And oh,

last thing we got to talk about is Apple's camera equipped AirPods. They're getting near to be in

production and they'll have Siri and AI built into the AirPods. I'm super stoked about that.

Maybe the most stoked about all of these announcements. Let's get into all of it on the podcast.

Let's kick this off with the big story, which is Anthropic coming in for a $1 trillion round of funding, according to the Financial Times. They've reported on this. According to the Financial Times, a lot of the demand on this is coming from, number one, sovereign wealth funds in Asia and the Middle East, and number two from Google and Amazon. Now, when you do a colossal round like this, added one trillion dollar valuation, you have to have big companies or funds backing you. So this seems to be the source of where a lot of this is coming from. Some people are saying, hey, look, this is Google and Amazon trying to get in and double their money really quickly before the IPO happens or whatever multiple they think they're going to be able to pull off before an IPO happens. The IPO is slated for the end of 2026. So at the,

you know, the end of this year could be in Q3 or could be in Q4. They're going to be trying to

IPO according to what we're seeing from Goldman Sachs and J.P. Morgan Chase. Both of them

are pitching an anthropic IPO between $400 and $500 billion,

so they are looking to pick up a lot of money. Something that's interesting to me, though,

with all of this is on the same day, we're getting a lot of this news out. We're also getting

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