Anthropic secured a $10 billion funding round at a $350 billion valuation, fueled by the popularity of its Claude Code tool among developers.
NVIDIA advanced physical AI with Alpamayo for autonomous driving and Nemotron Speech ASR for real-time recognition.
In India, PM Modi hosted AI startups ahead of the India AI Impact Summit 2026, emphasizing the country’s role in global AI innovation.
Key Funding News
Anthropic’s term sheet, led by Coatue and GIC, nearly doubles its valuation from $183 billion in September 2025. The company eyes a potential 2026 IPO amid AI competition.
Model and Tool Updates
Technology Innovation Institute released Falcon-H1R, a 7B reasoning model outperforming larger systems on efficiency. Anthropic launched Claude Code v2.1.0 with agent management, multilingual support, and smoother workflows.
Also read about: Claude’s Memory Upgrade Made Smarter by Anthropic
India AI Developments
The India AI Mission provides startups access to 38,000 GPUs, boosting innovation in language models and healthcare. The AI Impact Summit is set for February 19-20 in New Delhi.
Hardware and Market Trends
Micron reports AI memory shortages for chips from Nvidia and AMD, with demand outstripping supply. Agentic AI market is projected to grow from $5.2B in 2024 to $200B by 2034
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