Anthropic reveals loss as it plans to sell public shares for first time
Related Stories
Private equity giant: AI payoff strictly limited to Big Tech
AI has yet to deliver any financial payoff to US businesses outside of the tech sector, according to investment biz Apollo Global Management. The global asset firm made the claim in a posting to its Daily Spark blog that features analysis on the US economy and capital markets. It says corporate America is starting to view token spending not as a source of growth, but rather as a cost center that weighs on company margins.
Brazilian Markets Convulse After Unlikely Election Result
Brazil’s president, Luiz Inacio Lula da Silva, celebrating on Monday after his victory in the presidential runoff election.
Belgian Deputy Prime Minister Open to BNP Paribas Stake Sale
Belgian Deputy Prime Minister David Clarinval sees the country’s 5.7% stake in BNP Paribas SA as non-strategic and suggested he would be open selling some or all of the holding.
Anthropic’s IPO filing shows explosive growth, risks and staggering costs
Anthropic disclosed steep losses and red-hot revenue growth in its US IPO filing on Monday, as it laid out its ambition to build AI systems capable of reshaping the global economy despite the high costs of developing the technology. The prospectus highlights Anthropic’s rapid growth over the past year, fuelled by Big Tech’s breakneck spending that has driven a rally in AI stocks while raising concerns about lofty valuations and rising debt. In the first half of 2026, net loss widened...