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ANTHROPIC FINANCIAL RESULTS
Anthropic revenue jumps 1,100% ahead of IPO as AI spending commitments near $900 billionAnthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI compan...
AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI ResearchThe combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to ...
Ahead of Market: 10 things that will decide stock market action on MondaySensex and Nifty ended the week up about 0.5%, supported by resilient large-cap, IT and healthcare stocks. However, midcap and smallcap ind...
Bonus issues, stock splits, dividends: Infosys, Asian Paints among over 40 stocks turning ex-date this weekMore than 40 companies have scheduled record dates for dividends, bonus issues, rights issues and stock splits during November 2–6, 2026. M...
Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
Ahead of IPO, Anthropic says safety-monitoring demands pushed customers to other providersThe Claude-maker said its safety approach could also create “foregone or delayed revenue opportunities” compared with rivals that prioritis...
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocksIndian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion...
VerSe valuation sinks; Paytm Q2 profit risesHappy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
D-St set for a negative opening as GIFT Nifty signals weak startBenchmark Nifty gained on Monday, while broader markets also rallied amid ongoing geopolitical tensions. Analysts suggest that Indian stock...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian stock markets saw a notable recovery after early losses on Monday. Sensex rose nearly 483 points, while Nifty gained over 153 points...
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risksAnthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1...
Anthropic IPO: What should investors consider when valuing the AI company? Aswath Damodaran explainsAnthropic is on track for an IPO expected in mid-November, reporting impressive revenues of $16.3 billion. However, the company faces a sta...
Nasdaq CEO flags IPO slowdown amid market volatilityThe IPO market is grappling with hurdles stemming from macroeconomic instability and fluctuating market conditions that are influencing cor...
She studied English literature before founding Anthropic. Daniela Amodei's unusual journey to one of the richest AI professional with net worth of $15 billionDaniela Amodei, the co-founder and president of Anthropic, studied English literature at the University of California, Santa Cruz before bu...
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 ...
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...