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Anthropic's confidential IPO filing reveals $80.7 billion H1 loss, massive computing costs

The loss largely reflected accounting adjustments related to financing agreements, including $72 billion in charges linked to changes in the value of convertible notes and other financial instruments

Anthropic's confidential IPO filing reveals $80.7 billion H1 loss, massive computing costs

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

Read the original at thehindubusinessline.com →

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SpaceX Revenue Surges 161% as AI Overtakes Rocket and Starlink Businesses

SpaceX, the space exploration company led by Elon Musk, reported stronger-than-expected third-quarter results, driven by explosive growth in its artificial intelligence (AI) business.

  • SpaceX revenue surges 161% to $14.58 billion in Q3 2023
  • AI segment becomes primary revenue generator, up 830% year-on-year
  • Starlink's revenue grows 69% to $5.25 billion, operating income up 99%

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