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The Latest Breaking News from Anthropic

Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power

AI firm Anthropic is set to achieve its first quarterly operating profit. Sales are projected to double in the June quarter, reaching at least $10.9 billion. This surge is driven by high demand for its Claude AI. The company's success highlights a rare profit in the costly AI industry. SpaceX's…

The Economic Times

Elon Musk eyes record-breaking Wall Street debut with SpaceX IPO

Elon Musk's SpaceX filed for a stock market debut on Wednesday that could become the largest IPO in history, seeking to raise up to $75 billion at a valuation of as much as $1.75 trillion, according to US media reports. Musk would remain CEO, CTO and chairman after the listing.

France 24

Trump to sign order on AI oversight as security fears mount among supporters

President Trump is expected to sign an executive order on AI and cybersecurity, establishing a voluntary framework for developers to share new models with the government 90 days before public release. This move aims to balance pressure from populist supporters for increased oversight with the tech industry's resistance to mandatory…

The Economic Times

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Musk eyes Wall Street record with SpaceX IPO

NEW YORK - Elon Musk's SpaceX rocketed toward Wall Street on Wednesday, filing plans for what could become the largest initial public offering in history as the company seeks to raise up to $75 billion on the public markets.

Bangkok Post

Why is Anthropic Paying Elon Musk's SpaceX $1.25 Billion a Month? Inside The Massive Colossus Pact

Anthropic commits to a £980 million monthly deal with SpaceX for AI compute power, underscoring the critical need for infrastructure in the AI sector.

International Business Times UK

When AI giants go public, will ordinary investors know if they are along for the ride?

We’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are being poured into companies building ever more powerful technologies.

The Conversation

Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

SpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent for future IPOs from major tech firms. SpaceX's valuation could reach $1.75 trillion.

The Economic Times

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OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO wave

OpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise nearly $200 billion. OpenAI may file for its IPO before SpaceX goes public. That changes the entire AI market race. Investors are now watching Sam Altman, Elon Musk, and…

The Economic Times

OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing

The ChatGPT maker is working with bankers at firms, including Goldman Sachs and ⁠Morgan Stanley, ‌on a draft IPO prospectus that ⁠it plans to file confidentially with regulators soon, possibly as early as Friday, the report said.

The Economic Times

Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the year

Nvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY2027 report is the single most important data point in AI infrastructure this quarter.

The Economic Times

Web infrastructure company Cloudflare says Claude Mythos reasoning 'looks like the work of a senior researcher'

Cloudflare has been figuring out how to best use the model.

PC Gamer

Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will…

The Economic Times

Who Is Andrej Karpathy? OpenAI Co-Founder Joins Rival Anthropic to Advance Claude's AI Research

Andrej Karpathy, a prominent AI researcher, joins Anthropic, marking a notable shift in the AI industry. His move follows Anthropic's rapid revenue growth and strategic hires from rival companies.

International Business Times UK

Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and others

Andrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of OpenAI — has joined Anthropic. The AI researcher, known for his work at OpenAI and Tesla, announced that he is returning to hands-on research and development as competition between…

The Economic Times

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Evening Standard

AI-boosted office demand drives British Land to stronger profits

British Land’s office campuses business has benefited from deals with new AI-linked tenants, such as Claude parent firm Anthropic.

The Economic Times

How are Gemini 3.5 Flash and Gemini Omni changing AI unveiled at Google I/O 2026?

Google unveiled a suite of new Gemini AI tools at its I/O conference, including Gemini 3.5 Flash, Gemini Spark, and Gemini Omni. These advancements aim to make AI faster, cheaper, and more personal, positioning Google to compete with rivals like OpenAI and Anthropic by transforming AI into a constant digital…

TechRadar

Google I/O 2026 made one thing clear — Gemini is becoming impossible to avoid

Google I/O 2026 revealed Gemini evolving from a chatbot into a deeply integrated AI layer spanning Search, shopping, Android, productivity, and persistent AI agents

Fortune

The times they are a-changin': Trump pivots towards AI regulation in the face of a mounting public backlash

With a public backlash against AI mounting, the White House is changing its tune on AI regulation and talks with China on AI.

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The Independent UK

Appeals court judges appear to be divided over Pentagon's legal dispute with AI company Anthropic

A panel of appellate judges appears to be divided over a legal dispute between the Pentagon and Anthropic

Fortune

Andrej Karpathy, OpenAI founding member and inventor of ‘vibe coding,’ defects to Anthropic

Karpathy, one of AI’s most influential voices, posted a “personal update” on X: “I’ve joined Anthropic.”

AAP

IBM Brings Its Most Advanced AI-Powered Security Portfolio to Clients, and is Strengthened by Ongoing Project Glasswing Work

ARMONK, N.Y., May 20, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced the latest expansion of its enterprise security program for the AI era, and partners with Anthropic as a member of Project Glasswing, an industry initiative to defend the world's critical software infrastructure. For decades, IBM has secured the…

MarketBeat

The $132 Billion Infrastructure Pivot You Might Have Missed

Advanced Micro Devices and Intel Corporation are positioned to capitalize on the massive expansion of legacy server compute infrastructure.

Barchart

Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story

Palantir's artificial intelligence platform relies on foundational models like those from Anthropic and OpenAI, raising questions about who deserves a better valuation.

Barchart

The AI Boom Is Likely to Keep Pushing DELL Stock Higher

DELL stock is a buy for value investors.

Euronews

Bible bytes: The Pope and Anthropic co-founder join forces on AI ethics

Pope Leo's first major document will confront the age of AI.

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