Anthropic hits profit again as $2 trillion Nasdaq IPO looms
The company that told everyone not to worry about AGI timelines is now telling investors not to worry about cash burn—because there isn't any.
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The company that told everyone not to worry about AGI timelines is now telling investors not to worry about cash burn—because there isn't any.
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Hong Kong's IPO market just became ground zero for AI infrastructure capital formation. Ligent Technologies, an AI computing networks maker, is raising up to $727 million in a Hong Kong IPO, joining a wave of AI infrastructure listings in 2026
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The AI darling everyone said would burn cash forever just told investors it's printing money two quarters in a row. Anthropic told select shareholders it expects adjusted operating profit this quarter, marking two consecutive profitable quarters as it preps for an IPO
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An AI just did what cryptographers couldn't for nearly four centuries — and it happened while everyone was busy arguing about whether models can "reason." Claude Fable 5.1 cracked the Cyphral Distich, a cipher that stumped mathematicians and codebreakers for 370 years
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The 2026 midterms just became a referendum on whether machines get training wheels or running shoes. Barack Obama told Democrats to make AI a "central agenda" and develop a clear plan for safeguards, while Trump dismissed concerns as overblown fearmongering
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OpenAI asked a mathematician to delete his collaborator from a Clay Prize-worthy proof because the guy works at Anthropic.
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The Senate votes Tuesday on whether crypto is a commodity or a security — the first real attempt to settle the question that's tied up billions in regulatory limbo for seven years.
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The Fed might raise rates to please bond traders, not because your grocery bill demands it. CME FedWatch data shows a 90% probability of a Fed rate hike by year-end, driven by market expectations rather than inflation fundamentals
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The safety warnings arrived right on schedule, just as the product demos wrapped up.
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The company warning about AI extinction risk is simultaneously preparing to sell shares to the public—because apparently nothing says "prudent risk management" like spreading the liability around.
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The AI model wars just flipped from a tech race to a business model reckoning, and the winners might not be the ones with the smartest algorithms. Anthropic's U.S. customers are choosing cheaper AI models over its flagship Fable 5, even as the company heads toward what could be the largest IPO ever
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The Treasury is about to refinance more debt in one year than most countries will borrow in a decade, and the timing couldn't be worse. The US faces a $7.5 trillion Treasury debt refinancing challenge this year as rate hike expectations mount
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The AI buildout isn't stopping — it's just learning to read the room. BMO Capital Markets says near-term AI slowdown concerns won't derail the infrastructure, investment, or demand already locked in across markets
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The people building the machines just blinked first. Jacob Coxon quit Anthropic with a warning that AI labs are "gambling with our lives" and builders believe the tech "could kill us all by the end of the decade"
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The picks-and-shovels play on AI infrastructure isn't chipmakers or cloud providers — it's mobile home parks in rural Louisiana. Angel and Bryan Crawford run 18 rental properties near Meta's largest-ever AI data center in Richland Parish, Louisiana, serving construction workers building the facility
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SpaceX just made a bigger bet on earthbound server racks than on Mars rockets. Data center construction is surging to meet AI compute demand, with energy consumption projected to double by 2030 as infrastructure races to keep pace with training and inference workloads
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The people building the most powerful AI systems now publicly estimate a greater than 10% chance their work kills everyone within a decade—and they're accelerating anyway.
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The complexity that kept retail out of leveraged equities just got Solana-fied, and now anyone with a wallet can trade them 24/7. Jupiter Exchange integrated leveraged tokenized equities from Shift RWA, bringing traditional financial instruments to Solana's DeFi ecosystem
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The AI safety debate just got its real deadline — and it's being set in Beijing, not San Francisco. Eclipse Ventures CEO Lior Susan argues the AI risk debate needs to shift from retreat to collaboration if the US wants to maintain its lead over China
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When your storage layer needs to handle 22 million requests per second, you're not optimizing infrastructure — you're building the pipes for the agent economy. OpenAI scaled Habitat from a Python library to a distributed storage platform serving 1 billion ChatGPT users at 22M requests/second
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