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.
Technology-focused investment firm
altimeter.com- Headquarters
- Menlo Park, United States
- Company type
- Private company
- Number of employees
- 10–60
Last updated
Latest news about Altimeter
In short: Altimeter intensified its focus on the AI supercycle through major investments in OpenAI and Anthropic while launching a pro-innovation agenda.
Company announcements
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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.
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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.
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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.
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Altimeter announces investment in Baseten
Baseten provides an inference platform for AI companies, optimizing quality, latency, and cost. It recently released training infrastructure and acquired Parsed.
Media coverage
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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...
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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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Altimeter Capital Management LP Buys Shares of 3,502,000 Grab Holdings Limited $GRAB
Altimeter Capital Management LP purchased a new stake in shares of Grab Holdings Limited (NASDAQ:GRAB - Free Report) in the 3rd quarter, according to the...
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Altimeter Capital Boosts Microsoft Stake to $601.91 Million - Redmond Today
Altimeter Capital Management LP increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 9.8% in the third quarter, according to a recent SEC filing. The hedge...
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