According to The Economic Times, Anthropic's revenue jumped 1,100% ahead of its IPO, as its AI spending commitments neared $900 billion. Gizmodo separately reported that Anthropic claims to be near recursive self-improvement.
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Goldman Sachs has restricted most staff from using AI tools designed for coding, citing productivity and risk concerns, per Bloomberg. One post says the ban covers bankers and traders and names Claude Code as an example of the tools affected.
Anthropic reported Q3 2026 revenue of $17.0B, up 1,127% from a year ago, and an operating loss of $567M. The company posted a net loss of $23.3B, compared to $12.1B a year ago. Adjusted operating income was $2.5B with a 15% margin.
Anthropic is reportedly targeting a November IPO at a $1.5 trillion to $2 trillion valuation, which could surpass SpaceX's record. An updated IPO prospectus has reportedly been filed to list under $ANT.
Oracle (ORCL) shares fell more than 5% after the company announced plans to raise $20 billion through equity and debt issuances to fund its AI buildout. The stock is now down 54% from this year's high, according to a post by @KobeissiLetter.
Anthropic's Q3 2026 revenue was $17.0B, up 1,127% year over year and 47% from Q2. The company posted an operating loss of $567M after a $974M profit in Q2, and a net loss of $23.3B, compared with $12.1B a year earlier.
Security researcher Jun Song reported that an anonymous black hat group approached him, offering a large sum to post-train open-weight models with reinforcement learning using exploit data. He said the group claims to hold attack data on an unprecedented scale.
The global sell-off in AI stocks has eased, following the Nasdaq's worst month in over a year, according to the Financial Times.
The company behind Claude has officially filed for an IPO on Nasdaq under the proposed ticker ANT, according to a social media post. The source raises the question of whether AI growth can outrun its costs but does not provide further financial details.
OpenAI has signed deals to deploy its technology across energy companies, investment firms and government agencies in the UAE. The agreements deepen ties as OpenAI seeks billions of dollars in funding from the country's state-backed investors.