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Amazon commits €10 billion to Europe’ with 25,000 new business and warehouse robots

by the Logistics TransportIn the the General Assembly

Amazon is launching a major investment spurt in Europe’, allocating more than €10 billion for the expansion and modernization of its continent-wide warehouse and delivery network in the coming years.

The announcement at Amazon’'s Delivering the Future event in London’ on Thursday follows the company's announcement that it has invested more than 60 billion Euro’ across Europe in 2025; This is the largest annual investment on the continent and underlines the extent of its breakthrough on the continent.

Part of the new investment will go towards robot technology and automation in order fulfillment centers.

Amazon said the systems are designed to handle physically demanding tasks, such as carrying heavy loads or repetitive lifting, so employees can focus on other jobs at their own facilities.

Technologies included in the investment include a new version of Amazon’'s autonomous warehouse robot, Proteus’, and the company says it can understand employees' instructions in human language.

The investment move will also be aimed at expanding and improving Amazon’'s fulfillment centers, which have large warehouses where orders are processed, packaged and shipped, adding new technology to European operations and increasing capacity.

Amazon did not specify all its supply centers in Europe’, which will receive funding under the new €10 billion plan. The order fulfillment network already covers many European countries, including the UK, Germany, France, Italy, Spain, Poland, the Czech Republic and Slovakia.

The company said the investments will also support the creation of 25,000 additional jobs across Europe in the coming years.

Amazon also announced a $1 billion (€860 million) fund for targeted worker training by 2030, as part of a broader global skills development program of $2.5 billion.

The fund will help employees train for roles in areas such as cybersecurity, software development, logistics, renewable energy and mechatronics, and the program is available in some European countries, including the United Kingdom, the company said.

The figures underscore the extent of Amazon’'s expanding presence in Europe’. The company says it already supports more than 1.5 million jobs across the continent, including 230,000 direct Amazon employees, more than 400,000 ’ people in its expanded workforce, including contractors and seasonal workers, and more than 600,000 ​​ jobs linked to 200,000 European ’ small businesses and entrepreneurs selling through Amazon.

The announcement comes at a time when Avrupa’ is grappling with the loss of some of its most promising companies to ABD’, and its place in the global AI and robotics race between China and ABD’ at warp speed.

According to a report by former European Central Bank president Mario Draghi’, nearly 30 percent of start-up ’s established in Avrupa’ between 2008 and 2021, which later became unicorns, moved their headquarters abroad, mostly in ABD’ye.

European ​​ policymakers are putting pressure on measures to make it easier for companies to set up, scale and stay in Europe’, including EU Inc., an initiative that will allow start-up ’s to register once and operate more easily across the bloc.

SpaceX set the IPO price and set the company's value at $1.75 trillion before setting the record

by the Logistics TransportIn the the General Assembly

SpaceX has announced plans to raise up to $75 billion (€66 billion) in funding at its long-awaited stock market launch; This will make it the largest IPO in history, and its founder Elon Musk will significantly increase ’'s wealth, potentially making him the world's first trillionaire.

The company, officially known as Space Exploration Technologies Corp., said on Wednesday it plans to sell 555.6 million shares at $135 each. The offer will exceed the $26 billion (23 billion euros) Saudi Aramco’ raised in 2019’, and SpaceX’e will value approximately $1.77 trillion (1.56 trillion euros).

Such a valuation would place SpaceX’i among the world's most valuable stock exchange companies. Only a handful of firms are currently worth more, including Nvidia, which has a market cap of around $5.2 trillion (€4.6 trillion).

Musk’'s control continues

According to Forbes calculations, the public offering will also increase the value of Musk’'s stake in the company by an estimated $223 billion (EUR 196 billion). This could increase its net worth on paper to over $1 trillion (880 billion euros), although much of its wealth is tied to company shares.

The updated file also underscores Musk’'s control over the company. Thanks to Class B shares, each of which carries 10 votes, SpaceX CEO ’ will have roughly the same voting power after being listed. %He'll keep his 82.4’.

Despite rising valuation, losses continue

While SpaceX has offered to enter a blockbuster market, it is currently losing billions of dollars a year. Legal records show that the company reported operating losses of $2.6 billion (€2.3 billion) on revenue of $18.7 billion (€16.5 billion) last year, and losses continued during the first months of 2026’.

The public offering outlines ambitious plans for future growth, including financing missions to the Moon and Mars’a, and expansion of the Starlink satellite network. The document also reiterates Musk’'s long-standing goal of establishing a permanent human settlement on “ Mars”, a population of at least one million, which appears as existential threats that could condemn “ to the same fate as the ”dinosaurs.

Artificial intelligence targets are at the heart of growth plans

Artificial intelligence stands out in SpaceX’'s growth strategy. SpaceX said in its IPO application that the value of the global artificial intelligence market could reach $26.5 trillion (23.4 trillion euros). Although some of his plans, including space-based data centers, have not been technologically proven.

Analysts say artificial intelligence will be vital not only for SpaceX, but also for Musk’'s wider business empire, including electric vehicle maker Tesla. Wedbush Securities analyst Dan Ives even suggested a future merger between the two companies.

SpaceX’in, however, is facing scrutiny of artificial intelligence credentials. According to industry analysts, Musk’'s AI startup is struggling to keep up with competitors like xAI, OpenAI, and Anthropic.

IDC analyst Arnal Dayaratna said the main AI product, chatbot Grok’un “ister OpenAI, is less impressive than anything we've seen from other major players in the field, whether it's Anthropic or (Google’'s) Gemini.

Dayaratna said this does not mean that SpaceX’ has no potential as a major AI player; This is in part a move that could help Anthropic and Musk compete for enterprise customers using OpenAI and Anthropic products, thanks in part to a recent computer agreement with SpaceX’e that entitles them to buy the artificial intelligence coding tool Cursor’u for $60 billion (€53 billion) later this year.

SpaceX plans to use the net revenue from the IPO to fund the expansion of infrastructure for artificial intelligence and rocket business, among other investments, and to strengthen the satellite team that powers Starlink Mobile’a.

The company plans to be listed under the Nasdaq’ta “SPCX” symbol and may begin trading by the end of next week.

And SpaceX isn't the only gigantic market start that investors are currently preparing for. Earlier this week, Anthropic filed a confidential applicationTo officially launch its own IPO clock with the U.S. Securities and Exchange Commission.

OpenAI has not yet submitted an applicationThe initial SEC paperwork is ready, but the ChatGPT maker is widely expected to go public.

Ives, “This list represents the first major test for public markets after years of IPO silence, paving the way for SpaceX, AI giants Anthropic and OpenAI’ to follow shortly thereafter.

EuropeEnergy transport corridors to ’ are powered by artificial intelligence and new digital systems

by the Logistics TransportIn the the General Assembly

The rapidly developing Middle Corridor trade routes connecting Asia’ to Europe’ through the Southern Gas Corridor and the Caspian region are emerging as strategic energy transport bridges amid global disruptions, but these energy transit systems and their safety require urgent investments in logistics connectivity and infrastructure.

At the Baku Energy Forum’, the increasing importance of the Southern Gas Corridor ’ for European energy security as an alternative to Russian gas was an important issue focusing on future capacity expansion, regional cooperation and the long-term stability of pipeline infrastructure in the wider Caspian region.

Gio Cristofoli, BP’'s Regional President for Azerbaijan, Georgia and Turkey, told Euronews’e that in the “South Corridor, BTC pipeline and SUPSA pipeline, ’ already has a world-class infrastructure that allows the diversification of energy sources to Europe’, as the geopolitical situation really emphasizes the importance of Azerbaijan” as a key energy center.

The Forum's focus on the Middle Corridor’ also means the rapid development of transport, logistics and infrastructure through railways, ports, pipelines and trade routes as interconnected assets.

The digitalization of new technologies and the rise of artificial intelligence already have a significant impact on the efficiency and security of smarter energy systems through digital pipeline monitoring systems, predictive maintenance platforms, and intelligent operational technologies.

But business leaders at the event said infrastructure modernization would require a significant amount of long-term investment due to increased demand for technologically advanced pipeline systems through automation and intelligent infrastructure management to reduce operational costs and increase efficiency.

In order to maximize production efficiency and maintain long-term operational stability, innovation and advanced technologies have become indispensable, Cristofoli said.

euronews’e, regional leader of BP’, said: “ We use artificial intelligence to develop seismic data to really see where we can drill wells.”

“We bring the latest technology in the use of drilling, robotics and drones for inspection systems that people can't go to. Technology is indeed the key to unlocking volumes in the coming years, ” explained.

Emin Sevdimalıyev, media secretary of Azerbaijan State Oil Company SOCAR’, Euronews’e said: “1990When we first started in ’, the landscape was completely different” and “twenty or thirty years ago, we could only imagine innovations such as cloud computing or artificial intelligence.”

SOCAR also used the forum to announce the signing of several strategic agreements, including the Southern Gas Corridor-linked gas supply project to export Azerbaijani gas to Turkey ’, and a memorandum of understanding with Shell and JPMorgan for future cooperation and financing of strategic projects.

Edward Strachan, Managing Director of ICA Events, said: "Billions of dollars worth of contracts were signed during the opening of “Baku Energy Forum, and these are agreements that have been built as a result of years of cooperation and discussions.

EU trade chief to meet Chinese envoy amid growing trade tensions

by the Logistics TransportIn the the General Assembly

Euronews’e confirmed on Wednesday that EU trade chief Maroš Šefčovič’in will meet with his Chinese counterpart trade envoy Li Chenggang on the sidelines of the OECD ministerial meeting in Paris’ on Thursday.

The visit comes at a time when EU-China relations remain strained, with Brussels’ trying to solve China’'s overcapacity problem and Beijing’le trying to solve its record 359.9 billion-euro trade deficit.

Following AB’'s announcement of the Industrial Accelerator Act and the Cyber Security Act, which could exclude Chinese companies from the EU market, China said, was threatenedThe retaliation fuels fears of a trade war between the two trading partners.

Tensions escalated last week when EU commissioners met to discuss the bloc's strategy for the Asian giant.

In a statement after the meeting, the Commission said that the current state of the “Trade and investment relationship is not sustainable, ” said.

Euronews’e, an EU official, said a majority of the Commission members had agreed to strengthen AB’'s commercial defence tools to counter China’. The proposals will be presented to EU leaders at a summit in ’ on 18 June.

However, member states are divided over EU’'s China policy. A document signed by France, Italy, Spain, the Netherlands and Lithuania called for faster use of tariffs and quotas on imports that threaten EU industrial sectors, with China being ’'s main target. The idea is to create equal conditions against Chinese trade practices, which many in the European ’ describe as unfair.

Among the countries that have adopted a different attitude is Germany, whose policy is to protect their companies' access to the Chinese market despite facing a deep trade deficit.

Meanwhile, the Commission said it would continue its relations with China. There are reports that Trade Minister Wang Wentao’ may visit Brussels’ on 28 and 29 June, but the visit has not yet been made public.

France, Italy and Spain press for new regime to fix banking fragmentation in AB’

by the Logistics TransportIn the the General Assembly

According to a document seen by Euronews, France, Italy and Spain have proposed new rules aimed at facilitating cross-border banking operations and eliminating bureaucracy across the bloc.

The three countries submitted their proposals as input to the European Commission ’, which is expected to publish a report on the competitiveness of the banking sector on 15 July’.

European Commission President Ursula von der Leyen has made competitiveness one of the main issues on the EU agenda. As part of this effort, the Commission is planning a reform of the European banking sector with a proposed law expected in 2027’.

Despite a decade of progress under the Banking Association, the European banking market remains structurally fragmented along “ national borders, the document notes, suggesting that this limits the industry's ability to better serve businesses and households.

The three countries quote the European Central Bank, ’'s estimate that the absence of cross-border liquidity exemptions restricts the transferability of high-quality liquid assets within the Banking Union of approximately €230 billion.

In the document, “This undermines competitiveness, increases compliance costs, limits access to products and services, and undermines the scale and efficiency gains European banks need to support strategic EU priorities.”

To solve the problem, it is proposed to create a new, voluntary and temporary regime with important cross-border activities for EU banking groups.

This new voluntary, interim regime for “AB banking groups will complement the simplification proposals aimed at achieving better regulatory consistency and reducing regulatory burden and compliance costs, especially by improving the predictability and availability of capital and liquidity buffers.”

Luca Bertuzzi contributed to the journalism.

SOCAR, TotalEnergies and ADNOC locked in Caspian gas supply deal

by the Logistics TransportIn the the General Assembly

Azerbaijan’'s state oil company SOCAR signed a long-term gas supply agreement with TotalEnergies, ADNOC’'s investment arm XRG and Turkish state pipeline operator BOTAŞ, securing future exports from the Absheron offshore site in the Caspian Sea’ from 2029.

The agreement, announced at Baku Energy Week ’, covers the gas supply to be obtained from the next development phase of the Absheron site. The final investment decision for this phase is expected later this year.

SOCAR press spokesman Emin Sevdimaliyev said that “SOCAR signed an agreement with XRG, TotalEnergies and BOTAŞ on the supply of Azerbaijani gas to Turkey’, a major development.” said.

“Different companies will strengthen cooperation between Azerbaijan, Turkey and our foreign partners. The Southern Gas Corridor will also contribute to the importance of ’.”

The Southern Gas Corridor, which transports Caspian gas to Turkey's ’ and from there to Europe's ’, has become even more important since ’'s total occupation of Ukraine's ’ in 2022, when European governments stepped up their efforts to reduce dependence on Russian pipeline gas.

Azerbaijan has steadily increased its gas exports to Europe’ya since then; Brussels sees the Caspian gas supply as part of its broader diversification efforts.

Azerbaijan is already one of the main gas suppliers of ’ in Turkey. While Ankara is trying to diversify its import sources, the agreement is expected to deepen this relationship.

The agreement for ADNOC marks another international expansion through investment platform XRG, and shows Abu Dhabi’'s growing interest in securing positions in global gas infrastructure.

The Absheron site is located about 100 kilometers southeast of Baku ’ and is estimated to contain about 350 billion cubic meters of natural gas and 100 million tons of condensation water at a depth of 500 meters.

Up to 1.3 million jobs at risk in AB’ due to war in Middle East’

by the Logistics TransportIn the the General Assembly

Up to 1.3 million jobs across the EU are at risk due to the ongoing war in the Middle East ’, European ’'s chief business officer Roxana Mînzatu said on Wednesday.

The warning came during the presentation of the 2026 Spring Semester Package’, which is issued twice a year by the EU administration and provides guidance to the 27 member states on the bloc's economic priorities.

"Up to 1.3 million jobs are at risk, especially in energy-intensive industries, due to the war in the “ Middle East," ’ said at a news conference.

Commissioner, I would also like to underline that increasing energy costs will have a particularly negative impact on low-income households in Europe“; Therefore, we recommend that all member states take targeted measures so that they can support vulnerable groups, ” added.

The conflict, which began with Israel and the US ’ attacking Iran ’ in late February of this year, has already had tangible effects on the European economy, resulting in higher energy prices. According to the latest European economic forecasts released in May, the war slowed European ’'s growth while raising inflation.

Economic data on growth and inflation vary widely across the EU, and the Commission considers this inequality a threat to competitiveness.

The main priorities

The package allocates an important place to employment, focuses on supporting quality jobs and how EU countries can overcome the lack of skilled workers in strategically important sectors.

In the Term Pack, “ continues to be key priorities for improving educational outcomes and better aligning people's skills with labor market needs, as well as addressing workforce and skills shortages that are particularly severe in strategic sectors such as cybersecurity, quantum, artificial intelligence, and semiconductors.”

At the press conference, Mînzatu said that 77% of European ​​ companies reported that skills shortages continue to be a significant obstacle to investment. He said the main reason for these shortcomings was poor working conditions.

"We can't attract talent, we can't reduce deficits, we can't increase people's earnings without making sure we have good working conditions," “ said.

A competitive move

Since the beginning of this mandate, European Commission President Ursula von der Leyen has made competitiveness one of the Commission's highest priorities as geopolitical uncertainties increase.

The latest Semester Package reflects this and focuses on how Europe can strengthen ’'s position on the global stage.

In particular, the bloc wants to reduce economic barriers in the single market, create a more business-friendly environment for companies and capital, and minimize strategic dependencies, particularly on China and the United States.

To this end, the Commission is pushing member states towards a more robust industrial policy, more investment in capital markets, and a simplification agenda that will reduce administrative burdens in both the private and public sectors, among other things.

In parallel, the Commission is working to accelerate economic reforms at the EU level, but progress depends largely on the willingness of member states to act; This is a long-standing coordination problem.

Commission says US’'s tariff threats on forced labour are ‘unfair’

by the Logistics TransportIn the the General Assembly

The European Commission said on Wednesday that the new U.S. tariff The threats areClaiming that EU legislation was robust enough to ban such products, products linked to forced labour were found to be “ unfair”.

The move comes as AB’ prepares to implement the contentious trade agreement reached between US President Donald Trump and European Commission President Ursula von der Leyen last summer in Turnberry, Scotland.

Criticised by some members of the European Parliament as unbalanced, the agreement imposes 15 percent US tariffs on EU goods, while the EU will lift its own taxes on US industrial products. EU lawmakers will vote on the agreement on June 16, ’.

But on Tuesday, the US administration proposed new tariffs of 10’ percent to some of its trading partners, including the European Union, citing inadequate efforts to curb trade in goods produced using forced labor as damaging US ’'s business interests.

The proposed 10 percent U.S. tariffs will rise above current most favoured country taxes and raise average tariff levels above the 15 percent ’ ceiling set in the EU-U.S. agreement.

“Agreement is a deal”

Following the announcement of the new tariffs, Commission vice-president Olof Gill said in a statement that the “Commission will carefully analyze the preliminary findings of the investigation, but ”AB“ found the tariffs imposed on these grounds unfair, ’ said.

The investigation comes after the U.S. Supreme Court ruled in February that Trump’ overstepped its authority by using the International Emergency Economic Powers Act (IEEPA) to impose far-reaching duties on trading partners under the ’'s Trade Act of 1974, a legal instrument that could provide the administration with an alternative basis for imposing customs duties under the ’ 301. It was started within the scope of the article.

German MP Bernd Lange (S&D), the European Parliament's chief negotiator on the implementation of ’'s Turnberry agreement, wrote that after ’'s defeat before the “ Supreme Court, the US administration was desperately seeking new legal grounds for ” to continue its “ tariff policy.

It is absurd to accuse “AB’ of not taking adequate measures against forced labor. The EU has adopted the world's strictest rules against forced-labor products, ” said.

In accordance with a regulation adopted in 2024, the EU prohibits the sale, import and export of products made by forced labor; Gill describes the law as “, one of the most ambitious instruments of its kind globally.

Referring to the Turnberry agreement, “ added that the agreement is the ” agreement.

On the “AB side, we are on track to ensure that our Joint Statement tariff commitments are implemented by the end of June. USAWe expect ’ to fully comply with the terms of the Joint Statement.”

Inditex, owner of Zara’, challenges ’'s war concerns with strong sales in Iran

by the Logistics TransportIn the the General Assembly

Inditex, the Spanish fashion giant behind Zara’, announced its annual launch in the first quarter. %It posted a net revenue of €1.4 billion, up 5.4 percent, and exceeded market expectations.

the Sales Department %8.7 billion Euro’ya with an increase of 5.8, i.e. at constant exchange rates %8.8’e increased; Analysts are roughly %It's beyond the 8’ estimation.

Gross profit, with the help of improvement in profit margins %EUR 5.4 billion increased to ’ with an increase of 6.9; This means that the company retains a larger share of revenue as profit. EBITDA, a measure of basic earnings %An increase of 7.3 to 2.6 billion Euro’.

Inditex shares on Wednesday after the company reported a strong start to the second quarter. %It has risen to more than 5’; Sales from May 1 to June 1 %It increased by 11.5, which assured investors that the Zara owner remained resilient despite signs of weakening consumer spending.

Mamta Valechha, discretionary consumer analyst at Quilter Cheviot’, said “Inditex maintained its strong momentum with recent results that exceeded first-quarter expectations and made a strong start to the second quarter as sales rose more or less in line with the company's previous quarter.

The increase in revenue from one of the world's largest clothing retailers points to strong consumer appetite towards the summer, despite concerns that the more uncertain economic and geopolitical environment could put pressure on spending in the coming months.

Managing geopolitical risks

The results come at a time when businesses around the world are facing growing uncertainty about the global economy and concerns that consumers could cut spending.

Inditex said its wide-ranging supply chain and flexible transportation network have helped keep products flowing to stores worldwide despite recent outages.

Quilter Cheviot’'s discretionary consumer analyst Mamta Valechha, “, said that ultimately Inditex continues to have a flexible business model that can withstand significant economic pressures and currency fluctuations.

He said strong customer demand and the company's ability to supply products close to its main markets helped him keep collections up to date while limiting the need for discounts. Efficiency improvements have also helped maintain profitability.

Retailer, geopolitical tensions, Barclays’in revenue approx. %He acknowledged that he had influenced sales in the Middle East ’, which he estimated formed 5’ini.

Inditex also notes that the current “geopolitical challenges of ”, Barclays’in's revenue is approx. %He also said it had an impact on sales in the Middle East ’, which he estimates constitutes 5’ini.

The company also warned that ongoing instability in the region could affect its performance in the coming months.

Inditex faces a number of other challenges, including higher shipping costs and rising prices of raw materials such as cotton and polyester. Currency movements are also expected to weigh on the results this year.

Inditex completed the quarter with 5,456 stores and a net cash position of €10.8 billion.

For the last fiscal year, in May and November 2026, the Board proposed a dividend of 1.75 euros per share, consisting of the usual component of 1.20 euros and a bonus of 0.55 euros to be paid in two installments in ’.

Although Inditex made a strong start to the year ​​, it did not change its appearance. He said he expects sales growth to continue in the second quarter, supported by strong demand for spring and summer collections and ongoing improvements to its stores and operations.

However, the company believes that currency fluctuations are likely to increase sales all year round. %He said he'd cut it down by about one. It also expects to invest around 2.3 billion euros in the business in the current fiscal year.

Microsoft launches its own AI models to take over OpenAI and Anthropic’i

by the Logistics TransportIn the the General Assembly

Microsoft unveiled a family of seven on-premises AI models at its annual Build developer conference in San Francisco’; This is the clearest sign that the tech giant is taking action to reduce its dependence on AI companies, with billions of dollars pouring in.

After tuning its models for consulting firm McKinsey, Microsoft AI general manager Mustafa Suleiman said the company outperformed OpenAI’'s GPT-5.5’ in terms of quality and predicted ten times better cost efficiency based on public pricing data scaled to model sizes.

At the conference, CEO Satya Nadella, “, said, "We believe it's time for every company to move from consuming a border model to fully participating in the border."

The title version is MAI-Thinking-1’, Microsoft’'s first reasoning model; trained from the ground up with clean, commercially licensed data without being distilled from third-party systems.

It is a medium-sized model with 35 billion active parameters and a 256.000 coin context window, designed for complex multi-step instructions, long context reasoning, and code generation.

In addition, the company has launched MAI-Code-1-Flash’, an encoding model that converts text descriptions to source code for apps and websites, and is now available on GitHub Copilot and Visual Studio Code’.

By running its own models on Azure infrastructure, Microsoft can avoid the fees it already pays third-party providers and pass the savings on to developers.

According to Microsoft’, in blind reviews conducted by independent human rating partner Surge, MAI-Thinking-1 was preferred to Anthropic’in Claude Sonnet 4.6’, and the company said it matched Claude Opus 4.6 in its coding criteria.

Category: Quantum leaps

Also at Build’, Microsoft announced that the Majorana 2 quantum chip is 1,000 times more reliable than its predecessor; This is a milestone that the company says has come a striking distance to a commercially useful quantum computer.

Quantum qubits, the basic unit of quantum computing, are, as everyone knows, fragile: Even the slightest temperature changes or vibrations can lead them astray. The Majorana 2 chip handles this directly.

The qubits in the new chip survive an average of 20 seconds compared to the milliseconds in the original; This is a development that the company likens to upgrading a phone that needs to be charged daily to a phone that can last several years.

Zulfi Alam, corporate vice president of Microsoft Quantum’, said that in “2029’, we will have a quantum machine that can solve commercially viable, reasonable problems. While the chip currently has only 12 qubits, a handy machine requires millions of qubits.

Microsoft’'s approach focuses on topological qubits based on the properties of the semiparticle, first theorized by Italian physicist Ettore Majorana in the 1930s.

The path was not smooth – company had to withdraw a 2018 paper claiming evidence for the particle in the journal Nature – but the pressure continued and the second generation chip partially recovered from the first by replacing aluminum as a superconductor with lead.

The chip and the research supporting it have not yet undergone peer review, and some physicists have requested more information.

IPO race escalates

Microsoft’'s drive for model independence comes as companies allocate billions of dollars to prepare for blockbuster stock market launches.

Just days after raising $65 billion (59 billion euros) in the Series H funding round, which raised its valuation to $965 billion (877 billion euros), Anthropic, the artificial intelligence lab behind Claude’, secretly filed for an initial public offering on June 1, ’. OpenAI is also preparing its own secret file.

Microsoft has committed $13 billion (€11.8 billion) to OpenAI’, and Anthropic’e has invested up to $5 billion (€4.5 billion) while making models from both companies available through Azure.