9 stories for “Anthropic”
According to The Wall Street Journal, the valuation is about $7 billion. According to Calcalist, the price is lower, about $5.5 billion, after Nvidia and Anthropic passed. The company, founded by 8200 veterans, was only founded in 2023.
Cathedral reached the Claude maker's HR, sales and IT systems through third-party software, as part of a bug bounty program. According to Anthropic, user conversations, source code and model weights were not exposed.
Anthropic's security team revealed five attack chains built by an unreleased internal research model, including one-click remote code execution in Chrome. All the flaws were reported to vendors in advance and, according to reports, fixed.
The AI company's compute commitment to Elon Musk's company has grown almost threefold from early estimates. Most of the contracts can be cancelled on 90 days' notice, a key detail for IPO investors.
The FTC is widening its investigation into consumer harm from AI companies. Anthropic has already warned in its prospectus that the probe could be costly and force changes to its models.
Enthusiasm over Anthropic's IPO filing keeps pushing chip stocks higher, and Bank of America expects memory to stay tight in 2027 and 2028. This week: earnings from SK Hynix and SanDisk.
Bank of America, Citi, Morgan Stanley and Blackstone will fund a special-purpose company that buys the chips and leases them to the maker of Claude. Broadcom is guaranteeing part of the risk, and Moody's is already sounding a warning.
The developer of Claude opened its books ahead of one of the largest IPOs in tech history. Revenue jumped about 14x, and net loss reached $80.7 billion, mainly due to the revaluation of convertible bonds.
Google Cloud's new agent works inside Gmail, Docs and Sheets, but also in Microsoft 365 and Slack. It picks a model for each task, including Anthropic's Claude.
