Cohere's revenue momentum and IPO plans

Anthropic raises the second largest financing round of all time. Other AI players are beginning to show hockey stick revenue growth. Meta wants to add facial recognition to its glasses. Ring pulls back from some recognition partnerships for its camera. And, of course, your Weekend Longreads Suggestions.

• Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups (CNBC)
• Enterprise AI startup Cohere tops revenue target as momentum builds to IPO: Investor memo (CNBC)
• Meta Plans to Add Facial Recognition Technology to Its Smart Glasses (NYTimes)
• Ring cancels its partnership with Flock Safety after surveillance backlash (The Verge)

Weekend Longreads Suggestions:

• The AI Gold Rush Is Breaking a Silicon Valley Taboo: Cashing Out Before the IPO (WSJ)
• The New Fabio Is Claude (NYTimes)

Learn more about your ad choices. Visit megaphone.fm/adchoices