4 stories for “IPO”
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.
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.
