Nearly half of new Korean AI services based on Chinese foundation models

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• Matiks raises $10M to expand its math and puzzle gaming platform

  Matiks, an India-based gaming company, has raised $10 million in pre-Series A funding to expand its math and puzzle gaming platform. The startup, founded by college friends Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur, has seen real traction this year, with daily users growing from 22,000 earlier in the year to over 300,000 by September. The app also saw 2.2 million monthly active users in that month, attracting fresh investor interest. The company has raised over $13.5 million to date, with the funding led…

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• Sources: Anthropic is aiming to go public the week of November 16 and could raise ~$100B at a $1.5T to $2T valuation, after initially preparing for October (Wall Street Journal)

  Anthropic, a tech startup aiming for a public offering, is set to go public the week of November 16, potentially raising $100 billion at a valuation between $1.5 trillion and $2 trillion. The company initially planned for an IPO in October but has since shifted plans to November. Anthropic has not disclosed its target valuation or the number of shares it intends to sell. The company has filed its IPO paperwork.

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• Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs - Reuters

  Anthropic, an AI startup, recently went public through an IPO, showcasing rapid growth but also rising costs, which have raised concerns about the company's long-term sustainability. The company's valuation has increased, positioning it among the most valuable AI startups. However, the high costs associated with AI development remain a significant concern.

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