What's breaking now, across thousands of outlets.
The AI lab expects an IPO price of $70 to $78 a share, and seven partners agreed to buy $26 billion of stock in a private placement
We haven't written up this one. Quartz has the full story — the link below goes straight to it.
Shirtmaker TM Lewin is pivoting towards t-shirts and knitted sweaters as the AI-driven cutback in graduate hiring means fewer young workers need shirts and ties.
In the IPO, Anthropic plans to achieve a gross revenue of up to $64.4 billion - less than SpaceX at its record debut. What valuation the AI provider is still targeting.
The company’s debut indicates confidence in market appetite for the AI trade despite a recent selloff.
The A.I. company’s pricing would make it one of the biggest ever public listings. It comes at a volatile moment amid fears that the A.I. boom may not be sustainable.
Fears of more AI scrutiny rose after the Democrats’ massive gains in the US midterm elections.
