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Anthropic Reports $17B Quarterly Revenue Ahead of Potential IPO

Anthropic has reported $17 billion in quarterly revenue, according to coverage of its latest IPO filing. The figures show substantial commercial growth, but the company is still recording losses as it invests in AI infrastructure and operations. The filing arrives as Anthropic prepares for a potential public listing. It also

Technology News

42AI emerges from stealth with $62.5M funding and behavioral world model

42AI has come out of stealth with $62.5 million in funding and a world model designed to anticipate human actions. The startup says its system can predict what a person is likely to do before they make a decision, even when the situation is new to the model. That

Brave faces US copyright allegations over AI and news content

Two US legal actions are putting Brave at the center of disputes over copyrighted journalism and artificial intelligence. In one case, Brave has been accused of supplying copyrighted journalism to major AI developers. A separate case alleges that the company’s AI copied content from The New York Times and

Delaware DOJ Opens Probe Into OpenAI Following Reported Hugging Face Hack

The Delaware Department of Justice has begun an investigation into OpenAI following a reported hack involving Hugging Face. The available report does not describe how the intrusion occurred, what systems or data were affected, or OpenAI’s response. The case adds a legal and security dimension to the incident, but

ADNOC Partners With OpenAI and G42 on Advanced AI

ADNOC has announced a partnership with OpenAI and G42 to advance the adoption of advanced artificial intelligence technologies. The collaboration brings together the energy company, an AI developer, and a technology partner with the stated aim of strengthening the deployment of frontier AI capabilities. Further details about the scope, applications,

SBI Research Says AI-Related Debt Drives Magnificent Seven Borrowing to $578 Billion

Debt financing tied to artificial intelligence is contributing to a significant increase in borrowing by the Magnificent Seven technology companies, according to SBI Research. The report puts the group’s borrowing at $578 billion, representing a 45% increase. The figures indicate that AI-related capital needs are becoming a major

OpenAI Reportedly Lowers Funding Target by $10 Billion

OpenAI has reportedly cut its funding target by $10 billion amid growing investor concern about the artificial intelligence market. The reduction points to a more cautious funding environment for major AI companies. No additional details were provided about the revised target, the reasons for the change, or how the funding