Browsing: Anthropic

OpenAI’s quarterly revenue reportedly crossed $10 billion for the first time, driven by strong demand for its AI models and improved profitability metrics.

Anthropic sets its IPO price range at $70 to $78 per share, targeting a $1.4 trillion valuation. The company plans to list on Nasdaq under the ANT ticker.

OpenAI has reached a $1.25 trillion valuation following an $11 billion funding round, while rival Anthropic prepares to go public.

Anthropic has released an open source system called FlashProve to verify AI model identity using cryptographic proofs that do not reveal proprietary model weights.

Anthropic acquired one-person biotech Mithril Medicine to prove its Claude model can handle drug discovery. The company aims to speed up clinical trials and expand into healthcare.

Anthropic’s revised S-1 filing warns that the company is nearing a threshold for self-building AI, raising safety concerns despite human oversight plans.

Anthropic reported $17 billion in quarterly revenue and 1,127% growth in its latest SEC filing ahead of a proposed initial public offering.

Biotech founder Gabriel Ocana Santero used an AI agent to control a robotic arm for a live brain injection in a mouse, testing model reliability and safety protocols.

OpenAI, Google, Microsoft, and Anthropic have agreed to adopt a new standard that allows publishers to opt out of AI scraping across multiple platforms.

Nvidia is considering a residual value guarantee for Nscale’s West Virginia AI data center, a move that would backstop billions in debt for a project tied to Anthropic’s massive contract.