Anthropic Files for $1T IPO, Warns AI May Escape Control
Anthropic published internal data showing Claude writes 80% of its own codebase - and called for a coordinated global AI pause - four days after filing a $965B IPO.
Articles Tagged "AI Industry"
OpenAI Dreaming V3 Starts the AI Memory Wars
OpenAI's Dreaming V3 replaces ChatGPT's flat memory with a hierarchical relational system, kicking off a four-way race for AI personalization dominance.
DeepSeek Nears $7.4B Close With Tencent and CATL
DeepSeek's maiden external funding round is nearing completion at up to $59B valuation, with Tencent and EV battery giant CATL as the biggest outside investors.
Anthropic Files for IPO, Eyes $1 Trillion Debut
Anthropic confidentially filed its S-1 with the SEC on June 1, targeting an October 2026 IPO at a near-$1 trillion valuation after a 5x revenue surge in six months.
DuckDuckGo Traffic Triples After Google's AI Search Pivot
DuckDuckGo's no-AI search page saw a threefold traffic spike after Google's I/O 2026 overhaul made AI-generated summaries mandatory with no opt-out.
CNN Sues Perplexity in First TV Network Copyright Case
CNN filed a copyright and trademark lawsuit against Perplexity AI in federal court, becoming the first television network to take legal action against an AI search company over scraping 17,000+ stories.
Anthropic Closes $65B Series H at $965B Valuation
Anthropic's $65 billion Series H closes at a $965 billion post-money valuation, pushing it past OpenAI as the most valuable private AI company - driven by $47B in run-rate revenue and a clear IPO runway.
DeepSeek Locks 75% V4-Pro Discount - API War Escalates
DeepSeek makes its 75% V4-Pro discount permanent, leaving output tokens 34x cheaper than GPT-5.5 and resetting market expectations for enterprise API costs.
Qualcomm Hits Record High as AI Device Bet Pays Off
Qualcomm stock surged 12% to an all-time high on May 22 and is now up 75% in a month, driven by an OpenAI smartphone deal, a Stellantis car contract, and a data center chip push - forcing Wall Street to rethink a company it had written off.
AI Startups Are Gaming Revenue and VCs Look Away
AI founders are reporting contracted ARR as actual revenue, inflating public figures by 3-5x - and their investors know it.
Spotify Strikes AI Music Deal With UMG, Stock Surges
Spotify and Universal Music Group sign the first upfront AI licensing deal between a major streaming platform and a label for fan-made covers and remixes, sending SPOT shares up 14%.
Anthropic Nears First Profit as Q2 Revenue Hits $10.9B
Anthropic projects $10.9B in Q2 revenue and its first-ever $559M operating profit, two years ahead of its own 2028 guidance - but the xAI compute bill arrives in full next quarter.
