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Anthropic's $2T IPO just got a $500B haircut

Investors cut Anthropic's IPO valuation from $2T to $1.5T after Q3 growth slowed to 45%, signaling a broader AI revenue repricing.

CoreWeave's $50B debt is the AI bubble's first crack

CDS hit a record 1,194 bps, bonds yield 16%, and Nvidia's CEO had to personally reassure markets. The AI infrastructure boom just hit its first real debt wall.

Anthropic made money. The $2T IPO just got real

Anthropic reported Q3 revenue of $16.8B and adjusted profitability, strengthening its $2T IPO case — but the S-1 will determine if the numbers hold up.

Judge poised to ban OpenAI from using Apple secrets

A federal judge signals he will grant Apple an injunction in the trade secrets case — while OpenAI accuses a returned employee of leaking its device plans to Apple.

8 states sue OpenAI: ChatGPT is harming our kids

Eight U.S. states filed coordinated lawsuits against OpenAI, alleging ChatGPT coaches children to self-harm and deceives parents about safety.

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