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THE DAILY INDEX

Technology, AI, software, security, crypto and business

HEADLINES & LAUNCHES

TLDR AI

GOOGLE'S GEMINI 3.7 FLASH TARGETS CODING AND AGENTS WITH A 50% INTRODUCTORY PRICE CUT

Google is rolling out Gemini 3.7 Flash, a new version of its workhorse AI model. The release comes just three weeks after the release of Gemini 3.6 Flash, an unusually short turnaround attributed to developer feedback and algorithmic improvements. API prices have been temporarily cut in half. Gemini 3.7 Flash will cost $0.75 per million input tokens and $3.75 per million output tokens until the end of the year.

ANTHROPIC COULD BE WORTH $2 TRILLION WHEN IT GOES PUBLIC

Investors anticipate Anthropic's IPO could exceed a $2 trillion valuation, potentially becoming the largest in history, fueled by rapid revenue growth and demand for its AI models. Despite regulatory hurdles and competition, the startup projects annualized revenue of $100-120 billion by the end of 2026. Investors remain optimistic, citing Anthropic's strong market position and performance compared to rivals like OpenAI and Google.

WILL FINANCING BOTTLENECK AI COMPUTE? AN ANTHROPIC CASE STUDY

Much of the financing Anthropic needed for its infrastructure buildout was assembled before the company's revenue spiked. The buildout suggests that financing is unlikely to be the immediate limit on frontier computer growth. Institutional investors appear willing to lend capital against commitment to long-term payments, especially if more established organizations are willing to back up part of the risk.

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