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.
Investors cut Anthropic's IPO valuation from $2T to $1.5T after Q3 growth slowed to 45%, signaling a broader AI revenue repricing.
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.
The FTC fired 50-page civil subpoenas at OpenAI and Anthropic, opening a federal front in the global AI safety crackdown.
OpenAI concedes in Apple trade secrets case: agrees not to use alleged stolen IP, 14 employees' devices headed for forensic imaging.
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.
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.
Eight U.S. states filed coordinated lawsuits against OpenAI, alleging ChatGPT coaches children to self-harm and deceives parents about safety.
The AI companion unicorn once valued at $1B files for Chapter 11, with Disney bidding $20M for its IP.