In the last two months alone, Anthropic pushed out more than 50 updates to Claude Code. And with each update comes new documentation, published on its website, that explains what’s new and how it works.

Traditionally, the blog posts, FAQs and instruction manuals that companies publish along with a new product or software updates were written by people. But in 2024 Anthropic turned to AI startup Mintlify, which generates and maintains documents related to software, including user guides, directories of codebases and technical overviews. The startup uses AI models to generate the documents directly from the code as well as automatically update them every time a product is updated or released.

Not properly explaining how to use a new product is “actually not that different from the product not existing at all,” says Mintlify cofounder and CEO Han Wang.

Mintlify’s AI system is already used by 20,000 companies, including blue chip firms like PayPal, Coinbase, Microsoft and Amazon. Along with generating documentation, it also has a chatbot that lives on a customers’ website, which can answer people’s questions about the best way to use any given product.

The San Francisco-based startup announced Tuesday that it has raised $45 million at a $500 million valuation in a Series B round co-led by Andreessen Horowitz and Salesforce Ventures with participation from Bain Capital Ventures, Y Combinator and DST Global.

As AI agents increasingly interact with software, having accurate and up-to-date documentation is even more important so that agents have all the right information they need to carry out a specific action, like surf the web or make a purchase, Wang says. “50% of all the viewership across all of our docs, across all of our customers are AI agents now, not humans,” he says.

As developers themselves, Cornell grads Wang, 25, and cofounder Hahnbee Lee, 26, struggled to work with sparse and inaccurate documentation while building apps. They believed there was an opportunity to use AI to improve its creation, but pivoted their product eight times before finally landing on Mintlify in late 2022. “We were trying to build everything around it,” Wang says. “But then we stopped overthinking it.” They were on Forbes 30 Under 30 last year.

The startup offers a free plan as well as a subscription plan based on how many documents it creates and manages. A majority of its revenue, which reached eight-figures in early 2026, comes from its usage-based pricing model for more advanced features, like embedding its AI chatbot in a customer’s website.

Now let’s get into the headlines.

The rivalry between Anthropic and OpenAI is heating up. The latest indication: OpenAI’s chief revenue officer Denise Dresser sent a memo to employees on Sunday that said Anthropic made a “strategic misstep” in not acquiring enough compute and is inflating its run rate revenue by roughly $8 billion, The Verge reported (Anthropic has not publicly responded to this accusation). Dresser also acknowledged that OpenAI’s tie-up with Microsoft, while foundational to its success, has curbed its ability to “meet enterprises where they are.”

The public sentiment towards AI is changing, according to the Stanford AI Index published on Monday. Only 33% of Americans expect AI to make their jobs better. Some 67% of Americans say AI will disrupt industries and eliminate jobs. Last week, that fear turned into violence when a 20-year-old man threw a Molotov cocktail at OpenAI CEO Sam Altman’s house in San Francisco. He also smashed the glass doors at OpenAI’s headquarters and told security that “he came to burn it down and kill anyone inside,” according to a federal criminal complaint. His backpack contained a document that discussed the “impending extinction” of humans because of AI.

When twenty-somethings Spencer Mateega and Carlos Georgescu moved to San Francisco in late 2025, they didn’t yet have a product for their nascent startup AfterQuery. After struggling to create AI agents for finance, they decided to create human data to train AI, and use software systems to ensure the data actually improves the models in question. Now, Forbes is reporting the months-old company is already pulling in $100 million in annualized revenue, with customers like OpenAI and Anthropic.

HED: Amazon’s AWS Chief Is ‘Bullish’ On Middle East Despite Conflict

Amazon’s data centers have taken numerous hits since the war against Iran broke out. In early March, two AWS data centers in the United Arab Emirates were directly struck by drones, while one in Bahrain was damaged by a nearby strike. The hits caused structural damage to the facilities, as well as water damage from putting out resulting fires. And last week, Iran’s Revolutionary Guard said it targeted an Amazon data center in Bahrain. The tech powerhouse says it’s working with local authorities on recovery efforts and advising its customers to migrate their data to other regions.

Despite the recent troubles, Matt Garman, CEO of AWS, still has high hopes for business in the Middle East.

“We continue to be extremely bullish about our partnerships in the Middle East and about the long term potential of the region,” Garman tells Forbes. “Obviously there's conflicts going on there right now, which dampens the very short term aspects. And we think everybody hopes for a quick end to fighting, but it doesn't really dampen our long term views on the prospects of the region.”

Garman says that the industry is “rethinking” cloud security as global conflict has increased. “We’ll think about anything we have to do,” Garman says. “The world went through a long period, starting before the Ukraine war, of not really having a lot of conflict between nations. And we see some of that ramping up.”

His comments came hours before President Donald Trump declared a two-week ceasefire in Iran, after the nation said it would open up the Strait of Hormuz to ships for safe passage. Trump had earlier threatened wide-scale annihilation to Iran, posting on his social network Truth Social: “A whole civilization will die tonight, never to be brought back again.” Even so, both sides have issued threats to continue attacks if the ceasefire fell apart.

When it comes to conflict zones, Garman extols the general virtues of the cloud, which allows customers to keep their data in more than one place and “avoid having all your eggs in one basket.” Since the data is decentralized, it lets clients move their data operations to different sites more quickly. “Otherwise they would have been down for months and months and months in conflict regions.”

Read the full story on Forbes.

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