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Yahoo
3 hours ago
- Yahoo
Anthropic takes aim at OpenAI, offers Claude to ‘all three branches of government' for $1
Just a week after OpenAI announced it would offer ChatGPT Enterprise to the entire federal executive branch workforce at $1 per year per agency, Anthropic has raised the stakes. The AI giant said Tuesday it would also offer its Claude models to government agencies for just $1 — but not only to the executive branch. Anthropic is targeting 'all three branches' of the U.S. government, including the legislative and judiciary branches. The package will be available for one year, says Anthropic. The move comes after OpenAI, Anthropic, and Google DeepMind were added to the General Services Administration's list of approved AI vendors that can sell their services to civilian federal agencies. TechCrunch has reached out to Google to see if it plans to respond to Anthropic's and OpenAI's challenges in kind. Anthropic's escalation — a response to OpenAI's attempt to undercut the competition — is a strategic play meant to broaden the company's foothold in federal AI usage. 'We believe the U.S. public sector should have access to the most advanced AI capabilities to tackle complex challenges, from scientific research to constituent services,' Anthropic said in a statement. 'By combining broad accessibility with uncompromising security standards, we're helping ensure AI serves the public interest.' Anthropic will offer both Claude for Enterprise and Claude for Government. The latter supports FedRAMP High workloads so that federal workers can use Claude for handling sensitive unclassified work, according to the company. FedRAMP High is a stringent security baseline within the Federal Risk and Authorization Management Program (FedRAMP) for handling unclassified sensitive government data. Anthropic will also provide technical support to help agencies integrate AI tools into their workflows, according to the company. Anthropic, along with OpenAI, xAI, and Google, has been granted up to $200 million by the Department of Defense to leverage AI for national security, but the AI firm clearly hopes to integrate into a broader array of government work, including science research and health services. Anthropic noted in its press release that Claude is already being used at Lawrence Livermore National Laboratory to accelerate scientific discoveries, and also by the District of Columbia Department of Health to help residents access health services in multiple languages. Anthropic says it is able to make such deployments because Claude 'meets the government's highest security standards.' Aside from being certified for FedRAMP High, customers can access Claude through their existing secure infrastructure via partnerships with AWS, Google Cloud, and Palantir, giving them more control over their data. Anthropic's multicloud access could give it an edge in the competition with OpenAI, whose current official FedRAMP High offering is tied to Azure Government Cloud only. While Azure is widely adopted in government, some government agencies and security teams might prioritize data sovereignty, infrastructure control, and the operational flexibility a multicloud strategy offers. OpenAI is, however, actively working to reduce its reliance on Azure so it can embrace a more diversified infrastructure approach. We're always looking to evolve, and by providing some insight into your perspective and feedback into TechCrunch and our coverage and events, you can help us! Fill out this survey to let us know how we're doing and get the chance to win a prize in return!
Yahoo
3 hours ago
- Yahoo
Palantir Just Expanded Its SOMPO Partnership. What Does That Mean for PLTR Stock?
Palantir (PLTR) shares closed higher again on Tuesday after the data mining company announced a 'multi-year expansion' of its partnership with the Tokyo-based SOMPO Holdings. It's the second time that PLTR has decided in favor of extending its agreement with the Japanese insurance holding firm following an initial $50 million expansion in 2023. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Palantir stock has been on an absolute tear since the start of 2025. At the time of writing, it's trading nearly 190% above its year-to-date low of roughly $65 in mid-January. What a SOMPO Expansion Really Means for Palantir Stock Palantir's multi-year expansion with SOMPO Holdings signals deepening commercial traction in Asia. For investors, it's a significant development since enterprise adoption of artificial intelligence (AI) and data platforms is accelerating in the world's largest continent. Additionally, renewing and growing an existing partnership, especially after a previous $50 million expansion, demonstrates customer satisfaction and long-term value. More importantly, the announcement reflects Palantir's ability to monetize its Foundry platform beyond government contracts, which investors view as a key to long-term sustainable growth. It boosts recurring revenue visibility and validates the company's global strategy, helping support bullish sentiment around PLTR shares. Why PLTR Shares Look Unattractive at Current Levels While Palantir shares have delivered outsized returns this year, Stephen Bersey, an HSBC analyst, believes there's hardly any further upside left in this AI stock for 2025. Bersey maintained his 'Hold' rating on the data analytics firm last week and raised his price target to $181, roughly in line with the price at which PLTR stock is trading at the time of writing. His cautious stance on Palantir Technologies is based primarily on valuation concerns. Moreover, there have been 19 sales and 'zero' insider buys over the past three months as tracked by Barchart, which may be another red flag for those considering building a position in Palantir stock at current levels. Palantir Is a 'Hold'-Rated Stock Among Wall Street Analysts Note that HSBC isn't the only Wall Street firm keeping cautious on Palantir stock at north of $180. In fact, the consensus rating on PLTR shares currently sits at 'Hold' only with the mean target of about $156 indicating potential downside of well over 15% from here. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Harvard Business Review
6 hours ago
- Harvard Business Review
Accelerating Data-Driven Transformation in the Hybrid Cloud Webinar
Featuring Jean-Philippe Player, Field CTO, Cloudera; Anu Mohan, Vice President, Data Strategy, Cloudera; Jaidev Karthickeyan, Sr. Director & Global Head, Value Advisory, Cloudera; and Alex Clemente, Harvard Business Review Analytic Services (HBR-AS) Many companies are trying to become more data-driven, so they can make better, faster decisions and boost their profitability. And many also want to integrate AI into all aspects of their operations and strategy. But organizations tend to prioritize data production over data consumption, putting more resources into building and managing AI data pipelines than educating employees on how to apply insights from data and AI into their decision-making and daily workstream. The goals of becoming more data-driven and incorporating AI into their business operations and strategy require some degree of data transformation.
