GIBBI, Today

Mar 21, 2025

Stories:

Anthropic’s AI-powered chatbot, Claude, can now search the web — a capability that had long eluded it
Web search is available now in preview for paid Claude users in the U.S., Anthropic said in its blog, with support for free users and additional countries coming soon
Claude’s ability to search the web brings it to feature parity with most rival AI-powered chatbots, including OpenAI’s ChatGPT, Google’s Gemini, and Mistral’s Le Chat
GIBBI View: This is what competition does, that “force” the companies to offer a better services and in a faster way to bring more customers than their competitions and generate more revenues

CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion
Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion
But price range announcements are always a bit of a game. The announced range is often lower than the bankers think the company can really get. Then the company officially sets a higher price
GIBBI View: Remember that last March 11th, I wrote here that OpenAI had invested $12 billion in CoreWeave, where OpenAI will receive $350 million worth of equity in CoreWeave

A group led by William Chisholm and backed by private equity fund Sixth Street has reached an agreement to buy the Boston Celtics, according to multiple people familiar with the agreement, in what will be the most expensive NBA team sale in history
The managing partner of Symphony Technology Group, Chisholm has agreed to buy the team in two stages, which was the stated goal of the Celtics’ current ownership, led by the Grousbeck family. The deal values the team at $6.1 billion in the first payment
The current Celtics owners bought the NBA team in 2002 for $360 million. They announced that the franchise was for sale last July, less than two weeks after winning an NBA-record 18^th championship
GIBBI View: In reality, Mr. Chisholm and his group will buy Celtics for $7.3 billion (the secon payment will of $1.2 billion), where this is the a record sale prices in any Sport Team in history; by the way, remember that last wednesday I wrote here that Sixth Street bought 10% stake on San Francisco Giants

The Apple TV+ premium subscription service is losing more than $1 billion per year, according to an anonymously sourced report by The Information published Thursday
Apple TV+, which features virtually an all-original lineup, has about 45 million subscribers, per the report
Apple TV+ in the U.S. costs $9.99/month (or $99.99/year). Among the major subscription streaming services, it’s the only one that does not offer a reduced-price ad-supported tier
GIBBI View: Remember that tech companies like Apple, Amazon, Google, try to diversify and invest in other areas, they can “loss” money in this new areas for 5 to 10 years before they can generate big returns because these new investments represent less than 5% of all the revenues that they generate per year, amazing

Perplexity AI is in talks to raise funds at an $18 billion valuation, a person familiar with the matter told Reuters on Thursday, as the Nvidia-backed, opens new tab startup looks to grow and capture soaring demand for its search tools
The company has discussed raising between $500 million and $1 billion in the round, the source added
Last month, the company teased a new web browser, Comet, which can use AI to not only retrieve information but also understand complex queries, execute tasks and make decisions
GIBBI View: In average, big AI startups are raising money 3 to 4 times per year, I know that AI startups need to raise million of dollars to make it but I think that this AI bubble is going to “explode” in less than 2 years from now

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GIBBI