Benioff says missed OpenAI bet pushed Salesforce into Anthropic
Salesforce chief executive Marc Benioff said the company's stake in Anthropic exists only because Microsoft's grip on OpenAI blocked a preferred inves
Anthropic
Every Fin-node story mentioning Anthropic — 83 stories, newest first.
Anthropic · 83 stories
Huang Accuses AI Rivals of Regulatory Capture
Nvidia CEO Jensen Huang used a CBS interview aired Sunday to accuse the leaders of frontier AI labs of manufacturing existential risk narratives to es
SpaceX CFO Points to $13.3 Billion New ARR in $100 Billion Target
SpaceX CFO Bret Johnsen told a technology conference last week that the company has locked in a hosting contract worth more than $1.1 billion per mont
Warsh Hawks Rates, OpenAI Flags Safety, Boeing Slows
The Federal Reserve raised its benchmark rate by 25 basis points on Wednesday, the first increase in more than three years, and Chairman Kevin Warsh t
SpaceX compute deals push ARR toward $100 billion target
SpaceX chief financial officer Bret Johnsen told a technology conference last week that the company has secured a new hosting contract worth more than
Amazon's Anthropic Stake Nears $400 Billion at IPO Valuation
Amazon's $190 billion carrying value in Anthropic could be worth nearly $400 billion if the AI startup lists at the $2 trillion valuation Wall Street
Huang Sees Chip Volume Doubling Next Year
Nvidia chief executive Jensen Huang told reporters on Thursday that the company will sell twice as many chips next year as it does in the current one,
Karp Says AI Labs Seek Nationalization to Dodge IP Lawsuits
Palantir CEO Alex Karp told CNBC on Thursday that the safety debate engulfing frontier AI labs is a misdirection, the real aim, he argued, is a govern
Big Tech CEOs Agree Verbal Slowdown on AI Frontier
The chief executives of OpenAI, Anthropic, Google DeepMind and SpaceX agreed over the weekend to a verbal pact they described as “pacing the frontier”
Nadella Warns AI Pace Risks Operating Permission
Microsoft chief executive Satya Nadella told employees Monday that the industry's current speed on artificial intelligence threatens the license to op
Nasdaq Futures Slide 1.7% After AI Founders Urge Slowdown
Nasdaq 100 futures dropped roughly 510 points, or 1.7%, to trade near 29,170 in the predawn hours Monday, while S&P 500 contracts slipped about 0.7%.
Anthropic targets Nasdaq listing while its chief argues for pumping the brakes
Anthropic is moving toward a Nasdaq debut that could value the five-year-old company at $2 trillion, even as its chief executive publishes a manifesto
SoftBank Falls 11% After OpenAI Delays IPO
SoftBank Group shares dropped 11 percent in Tokyo on Monday after OpenAI confirmed it would not pursue an initial public offering this year and joined
AI Safety Fears Trigger Global Chip Selloff
Global technology stocks slid on Monday as a crescendo of warnings from inside the AI industry itself sparked a broad reassessment of the sector’s gro
Nvidia bets cybersecurity becomes AI's next revenue engine
Nvidia chief executive Jensen Huang told a Goldman Sachs conference on Thursday that cybersecurity will emerge as artificial intelligence's next major
Broadcom Targets $230 Billion AI Chip Revenue by 2028
Broadcom told investors on its latest earnings call that it expects roughly $230 billion of AI semiconductor revenue in 2028, a figure that would more
Oil jumps on Middle East tension, gas hits holiday record
Stock futures opened the shortened week lower after Middle East conflict sent crude to six-week highs and the national gasoline average marked its fir
SpaceX and Anthropic Pitch Thirty Trillion AI Market
SpaceX's initial public offering prospectus values the company above $1.5 trillion by pointing to a $28.5 trillion addressable market for space, conne
Nvidia Buys Hugging Face for $13 Billion as Snowflake Soars
Nvidia agreed to acquire open-source AI platform Hugging Face for nearly $13 billion, a deal that rewrites the infrastructure map before the market op
OpenAI Pledges Billion Dollars for Cyber Defense as Safety Questions Mount
OpenAI committed $1 billion in subsidized access to its artificial intelligence cybersecurity tools on Wednesday, a move that arrives as the company c
Nvidia tightens AI grip as EQT backs Acronis
Nvidia’s reported $12.9 billion move for Hugging Face and EQT’s majority stake in Acronis at a $3.5 billion-plus valuation landed in the same week, si
Anthropic Gates Advanced AI Behind Trusted Access Program
Anthropic released Claude Mythos 5.1 on Monday, a restricted model priced at ten dollars per million input tokens and fifty dollars per million output
Broadcom AI revenue doubles but guidance disappoints
Broadcom's fiscal third quarter showed AI semiconductor revenue more than doubling to $16.7 billion, yet shares slipped after the company forecast $34
Ternus Takes Helm Before Foldable iPhone Debut
John Ternus has officially succeeded Tim Cook as Apple chief executive, stepping into the role days before the company's most consequential product ev
OpenAI completes $7 billion employee tender at $852 billion valuation
OpenAI bought back about $7 billion of shares from current and former staff at an $852 billion valuation, a transaction that provided liquidity withou
Nvidia, Salesforce earnings break bear cases
Jim Cramer argued Thursday that Nvidia and Salesforce each dismantled a dominant pessimistic narrative with their latest quarterly prints, driving sha
Salesforce surges 20% on earnings beat and Anthropic deal
Salesforce shares jumped more than 20 percent Thursday, putting the stock on track for its second-best session on record behind only the 26 percent ra
CrowdStrike raises guidance after Mythos-driven quarter
CrowdStrike shares jumped 11% in extended trading after the cybersecurity vendor delivered a fiscal second quarter that beat on both adjusted earnings
Nvidia Defends Half Trillion Dollar AI Financing Push
Nvidia chief executive Jensen Huang went on television Wednesday to argue that the chipmaker’s expanding role as financier to the AI boom is not a rou
Salesforce surges 20% on earnings beat and Anthropic deal
Salesforce shares jumped more than 20 percent on Thursday, putting the stock on track for its second-best session on record behind only the 26 percent
Snyk employee shares collapse to $1.16 from $10 peak
The cybersecurity startup Snyk, once valued at $8.5 billion, has seen the value of its employee stock grants shrink to a fraction of their peak, a sli
Okta and CrowdStrike surge on AI-driven cyber demand
Okta shares jumped 27 percent and CrowdStrike climbed 18 percent Thursday after both companies reported fiscal second-quarter results that beat consen
Anthropic Secures $45 Billion Nscale Compute Deal
Anthropic has agreed to pay roughly $45 billion to rent 460 megawatts of compute capacity from Nscale at a West Virginia data center slated to open at
AWS and the trillion-dollar revenue question
Andy Jassy has moved the goalposts. The Amazon chief executive told analysts last week that Amazon Web Services could eventually surpass $1 trillion i
CrowdStrike shares jump on AI-driven security demand
CrowdStrike shares rose 10 percent after the company reported fiscal second-quarter revenue of $1.47 billion, a 26 percent increase from a year earlie
Salesforce Surges on Anthropic Gain and Agentforce Beat
Salesforce shares rose 12% in extended trading Wednesday after the company reported fiscal second-quarter adjusted earnings of $5.90 a share, nearly d
Anthropic IPO could eclipse SpaceX valuation record
Anthropic has confidentially filed for a U.S. listing and may debut before year-end at a valuation that would surpass SpaceX’s $1.77 trillion June flo
Anthropic's $65 Billion Run Rate Fuels IPO Speculation
Anthropic, the operator of the Claude chatbot, is running at a $65 billion annualized revenue pace, roughly seven times the rate recorded at the end o
Hugging Face Explores Sale at Thirteen Billion Dollar Valuation
Hugging Face is working with an advisor to test buyer appetite for a deal that would value the AI developer platform at $13 billion or more, according
US equity funds draw $11.7 billion as bond flows hit six-week high
US equity funds pulled in $11.72 billion during the week ended August 21 while bond funds recorded their largest weekly inflow since mid-July, a diver
Rillet reaches unicorn status with $100M Series C
AI accounting startup Rillet raised $100 million at a $1 billion valuation in 48 hours without running a formal process, led by existing backer Iconiq
Amazon's Anthropic Stake Nears Half a Trillion
Amazon's $13 billion investment in Anthropic has swollen to a paper value of roughly $420 billion on secondary-market marks, turning a minority AI bet
Anthropic IPO Targets SpaceX Record
Anthropic is preparing an initial public offering that could match or exceed the $86.2 billion SpaceX raised in 2024, a figure that would make it the
Anthropic credit facility expansion tops ten billion
Anthropic is expanding its pre-IPO revolving credit facility beyond $10 billion, with banks jostling for allocation tiers that signal their expected r
Anthropic Tops OpenAI Revenue in Second Quarter
Anthropic generated more revenue than OpenAI in the second quarter for the first time, with the former posting $11.6 billion against the latter's $6.7
Ellison Falls to Eighth Richest as Oracle Shares Halve
Larry Ellison dropped to the world's eighth-richest person on Friday, his net worth falling to $192.6 billion after a two-month slide in Oracle shares
Jane Street Posts First Monthly Loss in Decade
Jane Street lost roughly $15 billion in July, its first monthly decline in about ten years, as its stake in the AI hedge fund Situational Awareness co
Anthropic Revenue Jumps Fourteenfold in Second Quarter
Anthropic posted preliminary second-quarter revenue above $11.5 billion, a fourteenfold increase from the same period a year earlier and more than dou
CoreWeave Shares Jump 14% After Revenue Doubles on AI Demand
CoreWeave shares surged 14% in after-hours trading Tuesday after the AI infrastructure provider posted quarterly revenue that more than doubled from a
SpaceX cash burn tops twenty five billion in half year
SpaceX posted ninety two percent revenue growth and nearly tripled adjusted EBITDA in its first quarterly report, but the line item that separates the
Billionaire funds pile into Amazon as AI lag persists
A roster of billionaire fund managers has spent the past year quietly turning Amazon into their largest or second-largest position, betting that the m
SpaceX Revenue Doubles on Compute Pivot While Shares Slide
SpaceX posted $7.8 billion in second-quarter revenue, a 92 percent jump from $4 billion a year earlier, driven by a compute-hosting pivot that the com
Amazon Lifts CapEx to $220 Billion as Cloud Growth Hits 43%
Amazon raised its 2026 capital expenditure target to $220 billion from $200 billion Thursday, pointing the bulk of the increase at AI infrastructure a
Palantir revenue surges 93% on commercial AI demand
Palantir reported second-quarter revenue of $1.94 billion, a 93% jump from a year earlier that blew past the $1.8 billion consensus and sent shares up
Amazon's Anthropic Stake Nears $210 Billion on IPO Plans
Amazon's 21 percent stake in Anthropic could be worth more than $210 billion if the AI startup achieves its reported $1 trillion valuation in an Octob
Palantir commercial revenue surges 149% on AI sovereignty demand
Palantir’s U.S. commercial business grew 149% to $764 million in the second quarter, the line item that blew past every model on the Street and sent s
AMD commits up to five billion to Anthropic for two gigawatt Helios deployment
Advanced Micro Devices said Wednesday it will invest up to $5 billion in Anthropic "in the future" as the AI company agrees to deploy two gigawatts of
Amazon Shares Jump After Cloud Revenue Outpaces Capex Concerns
Amazon shares rose nearly 10 percent in after-hours trading Thursday after the company reported second-quarter net sales growth of 20 percent and clou
Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness saw its assets shrink from
a peak of $45 billion earlier this month to roughly $10 billion by Thursday after forced liquidation of leveraged equity positions to Citadel at a dis
Microsoft posts $90 billion quarter on AI gains
Microsoft beat analysts’ expectations in the fiscal fourth quarter ended June, reporting $90 billion in revenue and $35.8 billion in net income. The r
Samsung Q2 profit surges 19-fold on AI chip demand
Samsung Electronics posted a record 89.5 trillion won ($62 billion) in operating profit for the June quarter, a more than 19-fold increase from a year
Amazon’s e-commerce engine roars back as AWS hits 37% growth
Amazon shares surged 13% Friday after the company posted its strongest quarterly growth in five years, with revenue climbing 20% to $200.6 billion and
Meta Shares Plunge On $145 Billion AI Spend Plan
Meta shares dropped more than 8% after hours as the company laid out a $130 billion to $145 billion AI investment plan for the year while missing seco
Microsoft logs $3.2 billion Anthropic gain in single quarter
Microsoft's $5 billion bet on Anthropic produced a $3.2 billion paper gain in the June quarter, a one-period windfall that nearly matched the full-yea
Amazon Capex Hits 220 Billion as AWS Growth Accelerates
Amazon shares jumped more than 9 percent in after-hours trading Thursday after the company delivered a quarter that made the bull case look almost too
Morgan Stanley leads $15B loan for Anthropic Texas campus
Morgan Stanley is arranging a $15 billion loan to Nexus Data Centers for an AI campus in Hubbard, Texas, built for Anthropic and backstopped by Google
Azure Hits $100 Billion Annual Revenue
Microsoft’s Azure cloud business crossed $100 billion in annual revenue for the first time in the fiscal year just ended, a 41 percent jump from $75 b
Microsoft Azure Forecast Lifts Shares as Meta Stumbles on Costs
Microsoft shares jumped as much as 10% in pre-market trading on Thursday after the company forecast accelerating Azure growth and posted record quarte
Alphabet Goes Cash Flow Negative on $44.9 Billion AI Buildout
Alphabet posted negative free cash flow of $5.9 billion in the second quarter, the first time since its 2004 IPO that the company has burned more cash
Meta Earnings Test AI Spending Discipline
Meta Platforms reports second-quarter results after the close today, and the market has already decided the story: the stock has clawed back roughly 1
Blackstone Hits $1.35 Trillion AUM on Data Center Surge
Blackstone’s assets under management climbed to a record $1.35 trillion in the second quarter, an 11 percent increase from a year earlier, as the firm
Glow reaches unicorn status with $180M Series A
A cybersecurity startup founded last year by former Meta and Snowflake executives just raised $180 million at a $1.2 billion valuation before disclosi
AMD Commits Five Billion to Anthropic for Helios Rollout
Advanced Micro Devices is putting $5 billion of equity into Anthropic to lock in a multi-gigawatt pipeline for its Instinct MI455X GPUs, a bet that th
Meta Turns Power Scarcity Into $10 Billion Cloud Bet
Meta Platforms has quietly become a commercial cloud landlord, leasing energized AI compute capacity to Anthropic in a deal valued at up to $10 billio
The Bet That Broadcom Overtakes Apple and Microsoft
A prediction published this week argues Broadcom will surpass Apple and Microsoft in market value within a decade, a call that requires the chipmaker
AI Lobbying Surges as Big Tech and Defense Pull Back
OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in the second quarter, a 23 percent jump from the first three months of the ye
Buffett Claims Alphabet Stake as His Own
Warren Buffett does not usually sign his work, but in a recent interview he made clear that Berkshire Hathaway’s Alphabet position was his call. That
Nvidia's $20 Trillion Valuation Bet Hinges on Data Center Surge
Jensen Huang is betting that global data center capital expenditures will hit $4 trillion annually by 2030, a fivefold jump from an estimated $800 bil
Apollo Frames Private Credit as Cupcake With Sprinkles
Apollo Global Management took to LinkedIn this week with a frosted cupcake and a message: the $40 trillion private-credit universe is 95 percent inves
Goldman Sachs Shares Hit Record After Blowout Quarter
Goldman Sachs shares surged 7.5 percent to an intraday record of roughly $1,136 on Tuesday after the bank reported second-quarter revenue that jumped
Alibaba ADRs climb after Apple confirms Qwen integration
U.S.-listed shares of Alibaba rose 4 percent in premarket trading Wednesday after the Chinese conglomerate confirmed its Qwen artificial intelligence
Amazon chip commitments top $225 billion as AWS silicon scales
Amazon chief executive Andy Jassy put a striking figure on the company’s in-house silicon effort during the first-quarter earnings call in April, sayi
Fireworks AI reaches $17.5 billion valuation as enterprises hunt cheaper inference
Nvidia-backed Fireworks AI said Thursday it has raised $1.5 billion at a $17.5 billion valuation after annualized revenue surged past $1 billion, a fi