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Top stories today:
- Anthropic CEO meets Bessent, Wiles as U.S. using Mythos
- Polymarket seeks $400M at ~$15B valuation, below Kalshiās $22B
- Cursor seeks ~$2B at $50B+ valuation with a16z, NVIDIA
- Cerebras files for IPO after scrapping plans last year
- Pancreatic cancer mRNA vaccine shows lasting survival in early trial
- DeepSeek said to seek $300M+ at $10B+ valuation in first outside raise
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Anthropic CEO Amodei meets Bessent, Wiles as U.S. reportedly using Mythos despite disputes
Wiles was reportedly circumspect on the Pentagon issue, saying āitās in court.ā
Safeguards around Anthropicās code and model release decisions were also discussed.
Several U.S. government CIOs have requested access to Mythos but lack White House approval.
The NSA is reportedly using Mythos Preview.
Mythos is also reportedly widely used within the DoD despite its āsupply chain riskā designation.
Mythos is raising concerns about heavier workloads for open-source maintainers amid a surge in bug reports.
Separately, Amodei said AI can only ādiffuse at the speed of trustā; and trust is currently in short supply.
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3. Polymarket said to seek $400M at ~$15B valuation, below Kalshiās $22B
The round could reach $1B with additional strategic investors beyond Intercontinental Exchange.
Polymarket recently launched in the U.S. and has just begun charging fees, while Kalshi is more established with ~$1.5B annualized revenue.
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5. Cursor said to seek ~$2B at $50B+ valuation with a16z, NVIDIA
