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Bloomberg reports that Anthropic has upsized their newest funding round — previously aiming to raise up to $5 billion, and now “nearing a deal to raise as much as $10 billion in a new round of funding, according to people familiar with the matter.” This reinforces our observation that investors do not believe the upcoming class action copyright infringement trial brought by Bartz et al represents a “death-knell” situation that would force Anthropic into a massive settlement in order to avoid a ruinous judgement. In a filing from a week ago, the author plaintiffs made similar and more expansive arguments …
Star Lawrence Dies at 82
Aug. 21, 2025
Deal of the Day
NYT-bestselling author of ACE OF SPADES and WHERE SLEEPING GIRLS LIE Faridah Abike-Iyimide's THE HEIRS, pitched as Knives Out meets THE INHERITANCE GAMES, in which a wealthy family of teen geniuses is brought back together for their father's annual prodigy ball, during which he is murdered, to Foyinsi Adegbonmire at Feiwel and Friends, in a major deal, for seven figures, in an exclusive submission, in a two-book deal, for publication in June 2026, by Molly Ker Hawn at The Bent Agency, … read more
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