Here's your afternoon TNB Tech Minute for Friday, May 15th.

I'm Danny Lewis for the Wall Street Journal.

Anthropic is raising more than $30 billion at a $900 billion valuation,

as the AI giant seeks funding ahead of its widely expected initial public offering.

That's according to people familiar with the matter.

They say the Claude Chatbot makers fundraise is co-led by Greenoaks Capital, Sequoia Capital,

Dragonnear, and Altimeter Capital.

The deal hasn't closed.

Spokespeople for Green Oaks and Sequoia declined to comment,

and spokespeople for Altimeter and Dragonier did not respond to requests for comment.

Anthropics' new raise follows another $30 billion funding round that closed only three months ago, bringing the total amount the company has raised to over $90 billion since the beginning of last year.

An Australian defense tech startup has raised $18 million from private equity investors

as it seeks to expand a U.S. customer base

that already includes the Defense Department. The company, Archaeus, has developed an AI-powered

platform that allows drones and aircraft to see more clearly by gathering multiple layers of visual

data using smaller sensors, including light not visible to the human eye.

Archaeus says that can help military and civil systems operate more reliably in challenging

situations, like low visibility combat or in GPS black spots. The company's CEO says it will

use the new funds to set up a U.S. manufacturing facility and to help develop new capabilities.

And Salesforce is still under pressure as investors wait for updates on its business reacceleration.

That's according to Steeful analysts. But they say the company appears to be making progress

ahead of its first quarter results slated for later this month. They highlighted steady adoption and continued

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