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Broadcom lends Anthropic $42B to buy its own chips

Broadcom agrees to lend Anthropic up to $42B to finance chip leases, following Nvidia's vendor-financing playbook and locking in its largest AI customer.

OpenAI catches Moonshot AI distilling its models

OpenAI disrupted a coordinated campaign to extract protected reasoning from its models, attributing core activity to Moonshot AI — the Chinese maker of Kimi.

Anthropic's $2T IPO hides a $42B loss

Anthropic's leaked S-1 shows $42B net loss, $518B compute commitments, and 47% revenue dependence on Amazon and Google — all while chasing a $2T valuation.

OpenAI seeks $30B at $1.4T, skips IPO

OpenAI is in talks for a $30B bridge round at $1.4T valuation, choosing private capital over an IPO as Anthropic prepares to go public.

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