Bending Spoons IPO Opens 11% Above Pricing

Anthropic has disclosed agreements with SpaceX worth up to $84.5 billion to access computing capacity through 2029, according to the company's confidential IPO prospectus reported by Reuters. The deals, which rely on Nvidia-based infrastructure, can be terminated with 90 days' notice. This represents a significant commitment to secure AI training and inference compute as Anthropic scales its operations.

Proximal, a San Francisco-based data curation startup, emerged from stealth with $15 million in seed funding led by General Catalyst at a $300 million valuation. The 40-person company, founded last fall by Calvin Chen and Justus Mattern, has reached $200 million in annualized revenue in just 10 months, capitalizing on AI developers' demand for high-quality training data in software engineering.

Reco, an AI agent security startup, raised $55 million in a new funding round, bringing its total funding to $140 million following a $30 million Series A in February. The company operates in a crowding market of AI agent security vendors as enterprises grapple with securing autonomous AI systems. The funding reflects investor confidence in the emerging category even as competition intensifies.

OpenAI has reached an annualized revenue run rate of approximately $70 billion, representing roughly 70% growth from the beginning of the third quarter. The acceleration reflects the company's strategic pivot toward enterprise sales and aggressive price cuts on its services. This milestone underscores OpenAI's rapid scaling as a commercial entity and its dominance in the generative AI market.