The maker of Claude reported $16.3 billion in first-half revenue and an $80.7 billion net loss as it aims to price its offering in mid-November.
Business
AI giant Anthropic files for blockbuster IPO


The maker of Claude reported $16.3 billion in first-half revenue and an $80.7 billion net loss as it aims to price its offering in mid-November.
Business
Anthropic's operating loss for the first half was $693 million. Most of the remaining loss came from marking its convertible notes to a rising valuation.
Business
Michael Saylor’s Strategy paused its bitcoin accumulation last week, instead spending nearly $205 million repurchasing its preferred shares as the company continues to reshape its capital structure. Strategy Stockpiles More STRC Strategy (…
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The S-1 shows revenue up from $1.2 billion a year earlier, and a share structure that leaves a trust and the co-founders in control.
Business
Investors had “incredibly high” expectations around the Phase 3 data for the drugmaker’s experimental cancer treatment.