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AI News‘Human Capital Does Not Become Less Valuable as Token Capital Grows,’ Says Satya Nadella
11:46 AM IST · June 15, 2026
The Microsoft chief warned against a future in which a handful of AI models capture most of the economic value created by AI.
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SpaceX has acquired AI coding startup Cursor in a $60 billion (roughly Rs. 5,66,500 crore) all-stock deal, bringing a prominent competitor to Anthropic's Claude Code and OpenAI's Codex under its growing artificial intelligence business. The acquisition follows months of collaboration between the two companies on AI model training and infrastructure, and comes days after SpaceX's public market debut. The deal also marks the latest step in SpaceX's efforts to expand its presence in the AI sector by combining software development capabilities with large-scale computing resources.
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Enterprise AI’s real frontier isn’t more workflows, it’s execution. With 78% of organisations stuck in pilot mode and only 14% reaching production scale, the gap between AI ambition and operational reality is 2026’s defining leadership challenge.
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The discussions focused on how emerging technologies can help improve accessibility, efficiency, and responsiveness in public service delivery
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Anthropic is having a month. The AI lab finished May by surpassing OpenAI in market share of business spending for the first time, Ramp justrevealed. It raised $65 billion at a $965 billion valuation (also besting OpenAI) at the end of May, then waltzed into June by filingconfidential paperwork for an IPO, reportedly on the strength of itsfirst-ever profitable quarter. Then on Friday, the Trump administration renewed its war on the model maker by sending a letter demanding it ban non-Americans, including Anthropic’s employees, from accessing its state-of-the-art models: the limited-release Mythos 5 and the more guarded version of Mythosreleased to the public three days earlier, called Fable 5. This essentially forced Anthropic to pull its latest all-powerful model from the market altogether. Although the White House invoked an obscure export control directive when ordering the ban, the exact cause remains unclear. Thechatter was that hackers easily bypassed Fable 5’s guardrails, which were intended to prevent access to Mythos’ capabilities. That model is so good at finding security flaws in software code that Anthropic itself marketed it as dangerousand restricted its public release. This new drama comes after Anthropic famously refused to allow the government to use its models for mass surveillance of Americans and fully autonomous weapons. As a result, in March, the Trump administration declared the companya supply-chain risk. That didn’t deter Anthropic’s sales to businesses. Quite the opposite, Ramp’s data shows. Ironically, this latest feud with the Trump administration, which also appears to validate the hubbub over Mythos’ mythological power, may help rather than hurt Anthropic, according to Ramp’s lead economist, Ara Kharazian. Kharazian is the person who compiled the business-spending AI data. “If anything, it’ll probably boost them,” Kharazian told TechCrunch. “Anthropic’s best month on record, as far as business adoption, was the month that the Department of Defense labeled them a supply-chain risk. There’s a lot of aura that comes with your model specifically being named too dangerous to use.” Ramp’s data isn’t granular enough for us to see how much of a financial hit the company will take by pulling Mythos and Fable 5 off the market. Still the data, from more than 70,000 businesses that use its platform, shows that customers heavily use Anthropic’s Opus models and that business use has been growing. For instance, Ramp reported that Anthropic’s share of AI subscriptions paid for by businesses rose 2.5 percentage points in May to 41%. This compares to OpenAI, which commanded 39.5% of AI subscriptions by its customers, essentially flat from the prior month. (OpenAI still greatly leads Anthropic in overall consumer usage, according tonew data from Sensor Tower.) Beyond subscriptions, the vast majority of what companies spend money on is API calls to the model, which cover token use for activities like coding. Anthropic’s Claude Code has a strong reputation as a powerful AI coding tool. Ramp can’t always see from the spending data which models most businesses are using. When it can see the model details — in about one-third of transactions — businesses are mostly spending on various flavors of Claude Opus, particularly the later versions. Opus is the model that preceded Mythos and is still openly available. In fact, in late May, Anthropicreleased a new version, Opus 4.8. Mythos had not been on the market for that long, having been released to limited users as of April. And Fable 5 was shut down after a few days. While we can’t predict how this latest drama with the White House will impact Anthropic’s ability to go public as it hoped to (public-market investors tend to be wary of companies embroiled in controversies with the government), the numbers indicate that Anthropic’s available models are more popular with businesses than ever before.
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