About
NetChoice is a trade association fighting for free speech and free enterprise online. This page is a new education project of NetChoice’s.
The goal of our Tech Competition webpage is to show how the abundance of competition in the tech industry benefits consumers through new exciting services, and market signals pushing businesses to constantly innovate and improve their offerings to their customers. We’ll keep this page updated frequently with news and facts that highlight the prevalence and impact of vigorous competition in U.S. tech markets.
If you have any further questions, please visit NetChoice.org/contact-us.
Posts
Tech Competition is Helping Americans. Here's How.
-
Friday • May 30, 2025
Prepared raises $80M to expand AI-powered emergency response platform
Prepared Plans to Use the Money to Accelerate the Development and Deployment of Its Assistive AI Platform
Prepared, a startup offering artificial intelligence-powered solutions for emergency response, revealed today that it has raised $80 million in new funding. It plans to use the money to accelerate the development and deployment of its assistive AI platform for emergency response, expand its reach to more public safety agencies, and enhance features such as real-time translation, automated call triage and quality assurance tools.
Founded in 2019, Prepared offers assistive AI technology designed to modernize emergency response systems across the U.S. The company works with more than 1,000 public safety agencies in 49 states to help protect nearly 100 million people with its AI-driven solutions tailored for 911 call centers and emergency services.
-
Thursday • May 22, 2025
Anthropic launches Claude 4, its most powerful AI model yet
Anthropic Stopped Investing in Chatbots at the End of Last Year and has Instead Focused on Improving Claude’s Ability to do Complex Tasks
The company said the two models, called Claude Opus 4 and Claude Sonnet 4, are defining a “new standard” when it comes to AI agents and “can analyze thousands of data sources, execute long-running tasks, write human-quality content, and perform complex actions,” per a release.
-
Monday • May 12, 2025
AI Startup Perplexity’s Valuation Surges to $14 Billion in New Funding Round
Artificial-Intelligence Search Company is Raising $500 Million
Perplexity is in advanced talks for a new funding round that would value it at $14 billion, a more than 50% increase from late last year, according to people familiar with the matter.
-
Friday • May 9, 2025
Anysphere’s AI coding tool Cursor surges to $9B valuation in blockbuster $900M round
Anysphere Has Reportedly Reached a $9B Valuation After Securing $900M in New Funding
According to The Financial Times report, Thrive Capital led the investment round, which is among the largest ever for an enterprise software startup. The round also includes participation from leading firms Andreessen Horowitz (a16z) and Accel. These firms previously backed Anysphere’s $100M round in December, which valued the company at $2.6B. The latest deal more than triples Anysphere’s valuation, bringing total disclosed funding to over $1B.
-
Tuesday • January 7, 2025
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
Amazon-Backed OpenAI Rival Was Valued at $18 Billion Last Year
Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago. The funding round is being led by the venture firm Lightspeed Venture Partners, people familiar with the matter said. The $60 billion valuation includes the money Anthropic plans to raise in the round.
The deal would make Anthropic the fifth-most valuable U.S. startup after SpaceX, OpenAI, Stripe and Databricks, according to data provider CB Insights. It was valued last year at $18 billion in a round led by Menlo Ventures.
-
Saturday • January 4, 2025
Elon Musk’s xAI Raises $6 Billion in New Funding
“A lot of compute is needed,” Mr. Musk Said in a Post About the Financing
The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the start-up a major lift as it competes with rivals, including OpenAI. The company said on its website that it would use the money to continue building its infrastructure and accelerate research and development. BlackRock, Fidelity, Sequoia Capital and others participated in the funding round. The fund-raising could value xAI at $35 billion to $40 billion, up from $24 billion earlier this year, The New York Times previously reported.
SHARE