Perplexity AI's annual recurring revenue surpasses $450 million as of March 2026, more than doubling in a single quarter, while its user base tops 100 million and its valuation soars to $21 billion — up from just $3 billion in mid-2024.
Anthropic deploys Claude Mythos Preview, a powerful AI model deemed too dangerous for public release, in a $100M cross-industry initiative called Project Glasswing, partnering with AWS, Apple, Google, Microsoft, and CrowdStrike to identify and fix critical software vulnerabilities before malicious actors can exploit them.
AI-powered sourcing tools like Alibaba's Accio are transforming small e-commerce businesses by compressing weeks of product research into a single chat session, with Accio surpassing 10 million monthly users since its 2024 launch — though experts warn human judgment remains essential for negotiations and key business decisions.
OpenAI is calling on California and Delaware attorneys general to investigate Elon Musk for alleged anti-competitive behavior, claiming he is coordinating with Meta's Mark Zuckerberg to sabotage the company ahead of an April 27 trial, while potentially benefiting his own xAI platform and Grok AI product.
Meta is releasing its first AI models from its new superintelligence team, led by former Scale.AI CEO Alexandr Wang, adopting a hybrid strategy that blends proprietary and open-source licensing as it pivots toward consumers rather than competing directly with OpenAI and Anthropic in the enterprise market.
Anthropic's revenue explodes past $19 billion annually, fueled by surging demand for its Claude Code AI tool, but the company now faces a potentially devastating blow as Defense Secretary Pete Hegseth designates it a supply-chain risk, threatening to cut off all US government sales.
Meta is set to release hybrid AI models under Alexandr Wang, prioritizing broad consumer distribution across WhatsApp, Facebook, and Instagram over top benchmark performance, while offering open-source options to democratize AI access as an alternative to enterprise-focused rivals like OpenAI and Anthropic.
Anthropic acquires stealth AI biotech startup Coefficient Bio in a $400 million stock deal, bringing the 10-person team behind an AI-driven drug discovery platform into its health and life sciences division, accelerating the company's growing push into healthcare.
Apple races to reclaim its AI crown at 50, leveraging a bold Google Gemini partnership and on-device processing to resurrect Siri after squandering a five-year lead in the generative AI race.
Anthropic cuts third-party tool access for Claude Code subscribers starting April 4, 2026, forcing separate pay-as-you-go payments, while OpenClaw's creator accuses the company of copying open-source features into its own closed tool before locking out competitors — a charge Anthropic denies, calling it a sustainability decision.