GenAI Daily - February 14, 2026: Anthropic's $30B Mega-Round, Big Tech's $650B AI Infrastructure Push, Enterprise Agent Deployment Wave

Top Story

Anthropic closed a massive $30 billion Series G funding round on February 12, valuing the AI company at $380 billion post-money.

The round was led by GIC and Coatue, with participation from D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX.

The company is building momentum from recent successes with its coding agents boosting developer productivity, while last week's legal and business research models rattled public data firm share prices as investors worried about AI disruption potential.

The funding comes as both Anthropic and rival OpenAI prepare for potential IPOs ahead of a "blockbuster summer" in public markets, with OpenAI reportedly assembling its own $100 billion fundraising round.

This represents one of the largest single funding rounds in AI history, underscoring sustained investor appetite for frontier AI development despite growing concerns about infrastructure spending returns.

Why it matters: At $380 billion, Anthropic now rivals many Fortune 100 companies in valuation, giving it massive resources to compete directly with OpenAI and build enterprise-grade AI systems at scale.

Key Developments

Big Tech Commits Historic $650 Billion to AI Infrastructure

Microsoft, Google, Amazon, and Meta are projected to spend nearly $700 billion combined in 2026 to fuel their AI build-outs, representing a more than 60% increase from 2025's historic levels.

Alphabet leads with expected capital expenditures of $175-185 billion, potentially doubling its 2025 spend.

Amazon is targeting $200 billion this year, while Morgan Stanley analysts project the company could see negative free cash flow of $17 billion.

Wedbush analysts see this as the "early innings" of an AI infrastructure boom that will reshape cloud economics and reward scale players despite near-term margin pressure.

Google's cloud backlog surged 55% sequentially to $240 billion, while cloud revenue jumped nearly 48% year-over-year.

Impact: This unprecedented infrastructure spending creates a winner-takes-all dynamic where only the largest tech companies can afford to compete in frontier AI development.

OpenAI Ships Frontier Enterprise Agent Platform - UPDATE

OpenAI launched Frontier on February 5, an end-to-end platform designed for enterprises to build, deploy, and manage AI agents like human employees.

The open platform allows users to manage agents built outside OpenAI and program them to connect to external data and applications for task execution beyond the OpenAI ecosystem.

The platform pairs OpenAI Forward Deployed Engineers with customer teams, working side-by-side to develop production-ready agent best practices while providing direct connections to OpenAI Research.

Frontier connects siloed enterprise systems to create a semantic layer that all AI coworkers can reference, giving them shared business context across data warehouses, CRM systems, and internal applications.

Impact: This represents OpenAI's major push beyond chat interfaces into enterprise workflow automation, directly competing with traditional business software.

Intuit Launches AI-Native Construction ERP

Intuit announced February 11 the launch of a construction-specific edition for Intuit Enterprise Suite, an AI-native ERP solution targeting the $2 trillion construction industry.

Unlike retrofitted ERP systems, the construction edition is purpose-built to reflect how construction businesses actually operate.

The launch comes as 93% of construction industry leaders believe technology can significantly increase productivity and reduce rising cost impacts.

The new capabilities are currently in beta for existing Enterprise Suite customers at no additional cost and available as a paid add-on for QuickBooks Online Advanced users.

Impact: Intuit's vertical-specific AI approach signals how established software companies are using AI to penetrate industry-specific markets previously dominated by specialized vendors.

Funding & Deals

• Anthropic - $30B Series G: Builds Claude AI assistant for enterprises, competing with OpenAI's models with focus on safety and constitutional AI - Led by GIC and Coatue (Crunchbase)

• Bracket - $7M Seed: AI-powered FX, treasury and cash management platform for mid-market businesses achieving 600% revenue growth in 2025 - Led by Macquarie Group and Blackfinch Ventures (Fintech Global)

• Day.ai - $20M Series A: AI productivity platform raising Series A on February 2 after $4M seed round - Led by Sequoia Capital (Tracxn)

Tomorrow's Watch List

• Samsung Galaxy Unpacked on February 25 promising next-generation AI phone capabilities
• Vector Institute's Remarkable AI conference February 19-20 showcasing latest AI innovations
• Continued fallout from Big Tech's infrastructure spending announcements on Q1 earnings calls

Related reading: Check out this week's Deep Insights analysis for strategic context on these developments.