Latest Altimeter News & Updates

See the latest news and media coverage for Altimeter. We track all announcements, press releases, and industry mentions in real time, all in one place.

Altimeter

Technology-focused investment firm

altimeter.com

Headquarters: Menlo Park, United States
Company type: Private company
Number of employees: 10–60

Last updated Today

Latest news about Altimeter

In short: Altimeter aggressivey invested in the AI supercycle, leading major funding rounds for Anthropic and OpenAI while expanding its leadership team.

Company announcements

June 12 Altimeter

Altimeter CEO Brad Gerstner analyzes SpaceX IPO

He argued SpaceX's AI hyperscaler pivot and deals with Anthropic and Google change the investment thesis, and highlighted need for broader market participation via Invest America.

May 5 Altimeter

Altimeter CEO discusses markets and AI

Brad Gerstner highlights mega-cap earnings validating AI investments, multi-company competition, and long-term Nvidia view. Video available.

April 9 Altimeter

Altimeter announces investment in Elorian AI

Elorian, founded by Andrew Dai, builds AI models for visual reasoning, addressing key gaps in current capabilities. Altimeter highlights its potential importance in AI.

March 2 Altimeter

Altimeter shares February AI and portfolio updates

Highlights Brad Gerstner's media appearances on AI supercycle, doubled investment in Anthropic, analyst insights on Block and Uber, and welcomes new Head of IT Mansur Wadalawala.

Media coverage

May 27 MSN

Altimeter Capital partially exits Pine Labs via ₹211 cr block deal

US-based venture capital firm Altimeter Capital has offloaded 1.56 Cr shares in fintech major Pine Labs in a block deal worth ₹211.08 Cr. As per...

May 15 Yahoo Finance

Anthropic closing in on $30B raise that would top OpenAI s valuation

Anthropic is nearing a $30 billion fundraising round that would value the artificial intelligence...

May 4 MSN

Why Altimeter sold Microsoft for Nvidia, SK Hynix: CEO Gerstner warns investors must 'make choices' between software and AI compute

Altimeter Capital has sold its Microsoft Corp. MSFT holdings to aggressively fund positions in AI hardware giants like Nvidia Corp. NVDA and SK Hynix, signaling...

March 24 The Hindu

OpenAI set to raise $10 billion from MGX, Coatue and Thrive, source says

OpenAI is close to securing about $10 billion in fresh funding from ‌investors, boosting its valuation to $850 billion, including the money ⁠raised, a person...

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