Curated AI news from the last 24 hours — models, agents, enterprise, and developer tools.
Anthropic filed its S-1 with the SEC, reporting about $16.3 billion in first-half 2026 revenue against $1.2 billion a year earlier. Press coverage of the filing puts the net loss at $80.7 billion, largely from non-cash charges tied to convertible notes. The company plans to list on Nasdaq under the ticker ANT.
siliconangle.com ↗Fortune breaks down the financials in Anthropic's IPO filing, including adjusted operating profit in the first half and first-ever positive operating cash flow. The filing also warns that revenue is not expected to keep growing at comparable rates.
fortune.com ↗Fortune analyzes what Anthropic's S-1 discloses about its competitive position relative to OpenAI. The piece looks at areas where OpenAI may hold an advantage as both labs compete for enterprise customers.
fortune.com ↗Meta plans to raise up to $95 billion in stock, starting with about $35 billion in underwritten offerings and followed by an at-the-market program. The money is meant to fund AI infrastructure and superintelligence efforts, including multi-gigawatt data center campuses. Meta's 2026 capex guidance stands at $135 billion to $145 billion.
cnbc.com ↗Nvidia and AMD said they will invest $3 billion and $1 billion respectively in Meta's share offering. The investments deepen the chipmakers' ties to Meta as it expands its AI infrastructure buildout.
cnbc.com ↗Microsoft is offering voluntary exit packages to about 60,000 employees, roughly 27% of its workforce, in the US, Canada, India and the UK. The company ties the move to cost control during heavy AI infrastructure spending, and employees must decide in early December.
cnbc.com ↗