Anthropic and the Gates Foundation have both just committed $200 million to deploy Claude in

Global Health and Education. This is going to be over the next four years for this particular

partnership. And we have some big IPO news. I'm actually kind of excited about this because we have

a lot of big AI IPOs coming up later this year. But Sarah Brass has priced their IPO at $5.5 billion.

Once they did that, their stock doubled in

its first day of trading. I think actually reported on this a few days ago, and my prediction on this

was that they were pricing it low intentionally to try to get a first day pump, and it looks

like they got that. Microsoft is scouting a bunch of new startups that they are going to be using

as sort of a hedge against open AI disappearing

their open AI dependence. They definitely don't want to keep that up. And it seems like they have

sort of a bit of a breakup going on right now. Cleo has just hit a $500 million in annual recurring

revenue. As Anthropic, there, you know, is now their big competitor, is getting into

the legal AI space with Claude for Legal, but it doesn't seem like these big legal AI companies

are slowing down. $500 million in annual recurring revenue is super impressive.

Jensen Huang's Foundation has just purchased $108 million of CoreWeave Compute, and he has then

donated it to researchers. This is kind of cool,

but also it's an interesting strategy, right? It's not like he wrote $108 million check to these

researchers to go and use for whatever they wanted or even to say, you know, hey, you could use

this in compute anywhere. He specifically bought it from CoreWeave and gave it to them. Now,

pros and cons, I mean, we'll get into all of this, but maybe he's being super generous because it's hard to get allocation. He got that allocation from Corweave. Or maybe he has some interest in Correve, and it just, Corweaving, and it just kind of pumped up their company a little bit to have this guaranteed $108 million inflection. So, you know, there's a couple of different ways to look at this.

Let's get into the Anthropic story first. So the Gates Foundation and Anthropic, they both announced this $200 million for your partnership to get clawed into global help. It's also in

life sciences, education, and economic mobility programs. With this whole commitment right now, it's basically, there's a few things pulled into this. Number one is grant funding. There's also clawed usage credits. And then there's also some engineering support, which, to be fair, I actually like the spread on this as far as the benefits go. Obviously, Anthropic is going to try to get clawed usage credits in there. That's the easiest thing for them to donate. But I do appreciate that they have engineering support because,

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