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Anthropic posts $17B quarterly revenue but losses continue in fresh IPO filing

SAN FRANCISCO — Anthropic’s quarterly revenue swelled to $17 billion but it still posted a net loss for the latest three months, the artificial intelligence giant said in an updated IPO filing released on Monday.

Anthropic's spending commitments surge to nearly $900 billion

Its amended IPO filing shows monster numbers in spend and revenue.

Omen AI adds liquid know-how in $16 million Aquatic Labs acquisition

Two startups tackling the data center water problem are joining forces in a $16 million deal.

Oil slides as US tech stocks steady after AI rout

Falling crude prices help support equity markets after bruising sell-off last week

Anthropic reports $17 billion in Q3 revenue, purchase commitments of $895.4 billion in revised S-1

Anthropic unveiled its S-1 prospectus last week, but the initial filing only included the company's financials through the first half of the year.

Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity

The AI infrastructure deal is expected to close during the first half of 2028.

Marvell to buy data center component maker Lumentum in $115bn AI bet

Silicon Valley companies said all-stock deal would create a ‘leader in AI connectivity’

Oracle files to sell $20 billion in new stock, bonds to finance AI buildout

Oracle filed plans on Monday to issue stock new shares and more debt to finance its artificial intelligence buildout.

AI doomsday hype is "stealing all the attention" from immediate threats, Wharton's Mollick says

The Wharton professor warns about AI's real risks.

2 days till Founder Summit in Boston

TechCrunch Founder Summit happens on November 4 in Boston for a founder-focused agenda and impactful connections. Save up to $100 now.

OpenAI is finally merging ChatGPT's chat and Work tabs

OpenAI said that ChatGPT and Codex will draw usage from the same allocation pool after this change.

We're buying the dip in a stock after an expectations reset

We waited for the dust to settle after its earnings sell-off.