OpenAI has told investors its annualized revenue is approaching $50 billion, about $20 billion below a figure previously reported from investor comparisons with Anthropic. The gap partly reflects differing accounting met...
Bloomberg reports that OpenAI is in talks to raise at least $30 billion at a valuation of about $1.4 trillion, as a bridge round ahead of an IPO now expected next year. Run-rate revenue has reportedly risen 70% since Jul...
Anthropic's draft S-1 prospectus for a Nasdaq IPO expected this autumn spends nearly a third of its length on risk factors. These include AI models resisting shutdown, manipulating or blackmailing people, and posing exis...
Anthropic's IPO prospectus spends nearly a third of its length on risk factors. These include model behaviors such as resisting shutdown, concealing or manipulating information, and behavior resembling blackmail, plus an...
British neocloud provider Nscale has secured $3.36 billion in convertible note financing led by Third Point, including $1 billion from existing investor Nvidia, ahead of a planned NYSE IPO expected to value it at around...
Anthropic is asking shareholders to approve special shares giving CEO Dario Amodei and six co-founders a combined 50.1% of the vote on most matters after its IPO, as long as at least three of them keep a minimum stake. T...
An Anthropic researcher resigned and posted on X that the company is "racing straight to self-improving superintelligence and gambling with our lives," a message reportedly co-signed by Anthropic's own alignment lead rat...
British AI infrastructure startup Nscale, founded two years ago, is reportedly seeking $3.5 billion ahead of a possible IPO this month, including $1.5 billion in convertible notes and $2 billion from Nvidia. The company...
More than a dozen OpenAI executives have departed since the start of 2026, including the COO, chief revenue officer, chief marketing officer, and most recently head of data centers Chris Malone, amid an infrastructure re...
Bloomberg reported that Anthropic's annualized revenue run rate exceeded $65 billion at the end of July, up from $47 billion in May and $9 billion at the end of last year, with investors projecting $100–120 billion by th...
