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TECHNOLOGY GROWTH AND SAFETY
- Anthropic IPO by the numbers, from a possible valuation in the trillions to surging revenue
The artificial intelligence lab filed papers Monday setting up a Wall Street debut next month, ahead of its chief rival OpenAI and just mon...
Anthropic takes AI test with filing for Wall Street debutAnthropic PBC has filed for an IPO, becoming a potential leader in AI technology. The company anticipates trading under the symbol ANT on t...
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 files for US IPO amid AI boom, rising costs and safety concernsAnthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details s...
Anthropic unveils its US IPO filing; puts AI ambitions, costs in spotlightThe prospectus highlights Anthropic's rapid growth over the past year, fueled by Big Tech's breakneck spending that has driven a rally in A...
Nifty's PEG ratio near 10-year low but why don't stocks look cheap yet? Valuation paradox explainedNifty’s PEG ratio approaches a decade low, suggesting an enticing potential for valuation and earnings growth. The substantial drop in the ...
ISRO to have four functional launch pads by 2029: Chairman NarayananISRO plans to expand its operations with four launch pads by 2029 to meet global satellite demands. A dedicated 2,000-acre Small Satellite ...
Global Market: Eurozone bond markets stabilise after volatile weekEurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid unc...
Global Market: Anthropic presses ahead with November IPO as AI listings face delaysAnthropic is preparing for a potential mid-November IPO despite market volatility, rising interest rates and concerns over AI spending. Wit...
Major new US regulation on AI unlikely despite rising political focus: UBS ReportIn the United States, significant regulations on Artificial Intelligence appear improbable, as economic optimism prevails. This technology ...
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...
Women entrepreneurs can power Asia’s digital trade boomWomen entrepreneurs across Asia are increasingly turning to digital trade, enabling them to reach markets far beyond their local confines. ...
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 ...
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
AI rapidly improving, could vastly boost US GDP: Anthropic's Clark tells policymakersClark, speaking at IMF and World Bank annual meetings in Bangkok, said that international cooperation was needed to erect "unusual and seri...
ETMarkets Smart Talk | Manufacturing, healthcare and financialisation could create India’s next wealth creators: Sanjay DoshiAbakkus Mutual Fund’s Sanjay Doshi sees opportunities across market capitalisations, despite elevated mid- and smallcap valuations. He urge...
Nitin Gadkari looks to Japan for better roads in India: From advanced construction technology to safer tunnels and bridges, here's what was discussedIndia and Japan discussed strengthening cooperation in road infrastructure during the 12th session of the India-Japan Joint Working Group o...
India to take a leap in quantum, NM-ICPS 2.0 in works: DST Secy WaghmareIndia aims to become a leader in quantum technology among Global South countries. The Centre is preparing for NM-ICPS 2.0, building on the ...
AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam SankarShyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out...
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...