Topic
Markets
Funding rounds, IPO filings, acquisitions, prices and the money behind the AI build-out, and what it means for AI customers.
6 analyses
Photo: Scott S, CC BY 2.0 Anthropic's leaked IPO filing shows a $2 trillion ambition, deep losses and a warning about humanity's survival
Reuters has seen the draft prospectus for what could be one of the largest listings in history. The numbers show a company growing faster than almost anything before it, spending far faster still, and telling investors its product could pose an existential risk.
Frontier AI prices halved again. Your AI bill probably won't.
Anthropic's Claude Opus 5.5 beats last quarter's top model at 60% less, and OpenAI cut GPT-6 Sol and Luna prices in half on the same day. Here is why cheaper tokens rarely mean a smaller bill, and how to spend the savings.
Photo: Steve Jurvetson, CC BY 2.0 Nvidia bought Hugging Face and Stripe bought OpenRouter. The neutral middle of AI is for sale.
In fifteen days, the biggest hub for open models and the biggest independent model router both agreed to join much larger companies. Businesses that relied on them for neutrality should plan for a different kind of dependency.
AI is getting the blame for 2026's layoffs, while total layoffs are falling
Artificial intelligence has been the most-cited reason for US job cuts four months running. Yet total layoffs fell this year, and most executives say AI has not changed their headcount. The real effect is concentrated in entry-level jobs.
Photo: Carlos Jones/ORNL, U.S. Dept. of Energy, CC BY 4.0 Big Tech is spending $725 billion on AI this year, and central banks are worried
The four biggest cloud companies are putting three quarters of a trillion dollars into AI infrastructure this year, and the world's central banks now list it as a financial risk. If your business runs on their AI, part of that risk is yours.
Yann LeCun raised a billion dollars in Paris to bet against the models everyone uses
AMI Labs, the start-up Yann LeCun founded after leaving Meta, has raised $1.03 billion for AI that learns from the physical world instead of from text. It is Europe's largest seed round and a serious bet that today's language models are a dead end. It will not change what you buy this year.