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AI giant Anthropic files for US IPO as investors bet big on AI future
AI giant Anthropic files for US IPO as investors bet big on AI future Anthropic, which operates AI chatbot Claude, did not disclose the size or the terms of the offering. Artificial intelligence (AI) giant Anthropic has confidentially filed for an initial public offering (IPO) in the United States, teeing up what could become a watershed moment for Wall Street’s AI frenzy. The move, announced on Monday, sets up a high-stakes test of whether investor appetite for the AI revolution that has...
AI giant Anthropic confidentially files for US IPO as investors bet big on AI future
AI giant Anthropic confidentially files for US IPO as investors bet big on AI future June 1 : AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up what could become the watershed moment for Wall Street's AI frenzy. The move sets up a high-stakes test of whether investor appetite for the AI revolution that has reshaped white-collar work around the world can match the sky-high expectations surrounding the booming sector. Anthropic did not...
Three Charts That Sum Up the Big AI Debates Right Now
A screen showing an advert for Anthropic PBC's Claude Code software at a Code with Claude developer conference in London, UK, on Tuesday, May 19, 2026. Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. Photographer: Chris Ratcliffe/Bloomberg
The lawsuits that could give AI its ‘Big Tobacco’ moment
The legal strategy that hammered the tobacco industry and inspired a cascade of social media lawsuits is posing a rising threat to artificial intelligence companies. That threat got its boldest example Monday when Florida Republican Attorney General James Uthmeier sued OpenAI and CEO Sam Altman, alleging in part that ChatGPT is a dangerous product for users’ mental health and public safety. The suit is a novel use of product liability law for AI — and it parallels a legal strategy that...
'Warned these guys': US scientist hits back at Oracle's Larry Ellison on AI's big problem
American scientist Gary Marcus isn't letting Larry Ellison have his moment. When the Oracle founder recently argued that AI models from OpenAI, Google, Meta, and xAI are all turning into commodities because they train on the same public internet data, Marcus pounced. His message, posted on X, was blunt: he called this exact outcome two years ago, and Silicon Valley simply wasn't listening.
Apple shares slide after big Siri AI reveal
Apple shares fell 3% on Tuesday, a day after the company revealed new artificial intelligence software at its annual Worldwide Developers Conference. Apple announced new frameworks that will allow app developers to tap into Apple's AI on iPhones and Macs, called Apple Intelligence, as well as a new version of Siri called Siri AI that's based on large language models. Apple also revealed that it is using a cloud model "comparable" to so-called frontier models with help from Google and Nvidia.