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The Latest Breaking News from Anthropic

OpenAI’s annualised revenue tops $40 billion ahead of IPO

OpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to a report by Bloomberg. The ChatGPT maker’s revenue has accelerated in recent months, driven in part by the growth of its AI coding software, said the report.

The Economic Times

Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit

Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen for a company that has yet to report an annual profit. That might bode well for OpenAI.

Fortune

Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex race

Big Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against just $7 bn in free cash flow. Jefferies’ Chris Wood warns that growing reliance on cash-burning AI firms OpenAI and Anthropic could pose a hidden risk.

The Economic Times

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Buried in OpenAI's latest research: No correlation between AI use and revenue per employee

The AI lab grapples with a question that's existential for its future: Do ChatGPT corporate customers get a clear ROI?

Fortune

'Multi-part case study on China’s media' finds that AI models can't hallucinate away Chinese censorship

New research suggests Chinese state media and authoritarian speech restrictions can shape the answers produced by leading U.S. AI models

Fortune

Anthropic Has Filed For An IPO But Has Not Yet Discussed a Valuation: Report

The company confidentially filed its prospectus with the SEC in June.

International Business Times

Riot Platforms Re-Wires the Ledger for a $9B AI Power Play

Riot Platforms posted a $237.2M net loss, but a 20-year, $9.1B Anthropic data center lease at Rockdale signals its pivot from crypto mining to AI hosting infrastructure.

MarketBeat

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Claude users outraged by new Anthropic change

AI chatbot will start invisibly watermarking text so people can found out whether it was automatically generated – but not all users are happy

The Independent UK

Anthropic Reportedly Eyes $6 Billion Deal For Nvidia-Backed Decart AI Ahead Of Its IPO

The Claude maker is considering its largest acquisition yet as it seeks technology that could help lower the computing costs of running AI models.

International Business Times

AI Agents Are Getting Better at Hacking. Cybersecurity Could Be the Next Spending Boom.

A series of recent incidents has intensified concerns about what happens when autonomous AI systems escape controlled testing environments and gain access to real-world computer networks.

International Business Times

Claude Cowork is coming to your Chrome browser, and I might finally use it now

Anthropic upgrades the Claude in Chrome side panel to Claude Cowork.

TechRadar

Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPO

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startup’s revenue continues to surge. The Claude maker’s rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure…

The Economic Times

Vinod Khosla Says AI Is Creating a ‘Hyperabundance’ of New Drugs, but Testing Is Still ‘18th-Century’

Venture capitalist Vinod Khosla said artificial intelligence (AI) is rapidly expanding drug discovery, but traditional testing methods have failed to keep pace with the technology’s progress.

Benzinga

Anthropic in talks to buy startup Decart AI for $6 billion

Decart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology could help Anthropic’s existing infrastructure absorb more demand, according to a person familiar with the matter. Anthropic, which rarely makes large acquisitions, has been spending heavily on computing power to develop…

The Economic Times

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Barchart

Anthropic’s Massive AI Buildout Is Another Bullish Signal for AMD Stock

Anthropic’s expanding data center footprint strengthens AMD’s AI growth story as Instinct deployments accelerate and Data Center revenue surges.

The Economic Times

Inside the Google executive moves that led to its big AI reshuffle

On August 5, the Mountain View, California, tech giant announced a sweeping leadership overhaul of its Google DeepMind AI division in which its chief, Demis Hassabis, stepped aside in favor of his deputy, Koray Kavukcuoglu. Hassabis became chair, with fewer management obligations. At the same time, the two original technical…

International Business Times

Anthropic's Claude Gets Invisible Text Watermarks That Proofreading Alone Could Trigger

For text, Claude will embed what Anthropic calls "imperceptible" patterns to indicate that the content was generated or processed by the model.

The Economic Times

Accel raises $3.5 billion to invest in emerging global AI startups

The firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds dedicated to backing young startups in a moment when the AI race is upending the fundraising market. A $1.35 billion global expansion fund will be set aside for larger early-stage rounds and…

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Salon

Bernie's AI warnings are being ignored

Like Helaena Targaryen from "House of the Dragon," the Vermont senator is sounding an alarm that won't be heard

TechRadar

‘New models will mark AI-generated content from day one’: Claude will now hide an invisible watermark inside ordinary words — here’s how that’s even possible, and how EU rules could push OpenAI and Google to follow suit

Anthropic has announced that new Claude models will hide an invisible watermark inside any generated text — here’s how that’s even possible, and how OpenAI and Google might have to follow suit.

TechRadar

A dangerous Zoom screen-sharing bug could have let hackers hijack other devices on a call

It doesn't matter if the attacker is the host or a participant.

Fortune

87.5% of venture dollars went to AI. The rest fought over scraps

PitchBook's Q2 valuations data shows a market split in two.

Tom’s Hardware

Claude will begin digitally watermarking marking AI-generated text and images — Anthropic details how it'll comply with the EU's Artificial Intelligence Act

European users of Anthropic's Claude models can expect that future versions of those tools will begin embedding digital marks in generated text and images to identify them as the product of AI.

The Guardian - US

If the markets reject OpenAI and Anthropic, the US should nationalize them

From space to telecommunications, the US has a long history of fostering technology for the public good. These AI models could be aligned to democratic values, not corporate profits

International Business Times UK

Anthropic Eyes Historic $965B IPO: Could Beat OpenAI to Public Markets

Anthropic, valued at $965 billion, is eyeing a major IPO, potentially surpassing SpaceX's record. The AI firm faces investor scrutiny over spending, competition, and AI safety concerns.

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