Normal view

Investors Feed A.I. Firms’ Voracious Appetite for New Money

In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.

© Joe Raedle/Getty Images

The amount of cash needed for A.I. development is thought to be so enormous that already cash-rich companies are looking for more money.

Anthropic Releases ‘Safe’ Version of Its Mythos A.I. Technology

9 June 2026 at 18:16
Called Claude Fable 5, it is twice as expensive as the company’s previous flagship system.

© Jason Henry for The New York Times

Anthropic’s logo at a company event. The start-up’s Mythos artificial intelligence system caused worries about the security of computer networks.

OpenAI Files Confidentially for IPO as AI Companies Rush to Wall St.

8 June 2026 at 22:58
The company hopes to raise billions in a highly anticipated public offering that could unlock a new generation of tech industry wealth.

© Andres Kudacki for The New York Times

OpenAI’s ChatGPT chatbot started the artificial intelligence boom.
❌