Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
21 Oct, 2026, 05.26 PM IST
Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
21 Oct, 2026, 07.51 AM IST
Former Google CEO Eric Schmidt owns 1% stake in Anthropic: ReportIn its IPO prospectus seen by Reuters in September, Anthropic laid out a vision that AI will transform the global economy more profoundly ...
20 Oct, 2026, 08.22 AM IST
OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
20 Oct, 2026, 07.40 AM IST
Anthropic’s new fund could help address AI’s impact on jobs and workersAnthropic has unveiled the Anthropic Public Benefit Fund, which focuses on ensuring job stability amid the rise of AI technology. The firm ...
19 Oct, 2026, 06.47 PM IST
Elon Musk pledges a share of his SpaceX company to 'every kid in America'Elon Musk has announced plans to gift one share of SpaceX to each child in America next year. This announcement came shortly after Anthropi...
19 Oct, 2026, 06.00 PM IST
Anthropic sees junior tech hires' share fall from 27% to 9% amid growing AI adoptionThe findings highlight how AI adoption could reshape employment opportunities for fresh graduates and early-career technology professionals...
19 Oct, 2026, 10.05 AM IST
Anthropic commits 5 pc of its stock to new 'public benefit' fundAnthropic has pledged to allocate 5 percent of its shares to a newly established public benefit fund, aiming to back a variety of charitabl...
19 Oct, 2026, 09.38 AM IST
Anthropic cofounder renews call for robust regulation of frontier AIConcerns about AI guardrails have soared after models developed by OpenAI and Anthropic were involved in security incidents during testing,...
16 Oct, 2026, 03.11 PM IST
Investors temper Anthropic IPO valuation expectations over revenue growth slowdownSome investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of ...
16 Oct, 2026, 07.36 AM IST
ET AI Explainer: Why are US AI labs wary of 'distillation attacks' from Chinese peersDistillation as a technique in which a less capable AI model is trained on the outputs of a stronger one. The aim is to help the less capab...
15 Oct, 2026, 05.31 PM IST
US FTC subpoenas OpenAI and Anthropic over consumer harms, Axios reportsThe US Federal Trade Commission has initiated an investigation into leading AI firms, amid rising safety concerns and allegations of mislea...
15 Oct, 2026, 03.24 PM IST
Google’s Gemini 4 Argon takes on OpenAI, Anthropic with focus on coding, research and reasoningGoogle has made its AI model Gemini 4 Argon available globally for developers and enterprises through API access. This launch follows its p...
15 Oct, 2026, 02.29 PM IST
Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPOAnthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second ...
15 Oct, 2026, 06.23 AM IST
- Anthropic opens office in Singapore, partners with government on AI safety and adoption
The new office is Anthropic's fifth in the Asia-Pacific region. The company said Singapore is one of its most active markets globally, with...
14 Oct, 2026, 07.05 PM IST
Anthropic seeks rehearing of case over Pentagon's security risk brandingAnthropic asked a US appeals court on Tuesday to reconsider a ruling that upheld the Pentagon's decision to label the AI company as a natio...
14 Oct, 2026, 07.56 AM IST
Anthropic says new safeguards sharply reduce AI distillation attacksAnthropic said on Monday new measures designed to prevent rivals from copying the capabilities of its Claude AI models have reduced data ha...
13 Oct, 2026, 08.09 AM IST