Anthropic

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AI-drafted bills are swamping the House office that writes US laws

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Congressional staffers and outside groups are using Claude and ChatGPT to draft legislation. The lawyers who check that work cannot keep up. Owen Dahlkamp reported the strain on the House Office of Legislative Counsel for Politico on Monday. He drew on interviews with eight current and former officials who work or have worked with the […]

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Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue

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Anthropic has told investors that its annualised revenue run rate topped $65bn by the end of July, according to a person familiar with the company’s finances who was cited by Reuters. The distinction matters as a run rate takes revenue from a recent, short window, often a single month, and multiplies it out to a […]

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Anthropic explains how Claude’s invisible text watermarks will work

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Anthropic has clarified how it’s planning to apply invisible watermarks to Claude-generated text in order to comply with Europe’s AI transparency rules. On Friday, Anthropic announced that Claude’s text marking system is “a version of the SynthID-Text approach” – an open-source watermarking technology developed by Google DeepMind that creates detectable patterns using wording probabilities. This […]

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Anthropic’s near-$2tn IPO rests on a revenue forecast for 2028

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According to a Reuters exclusive, the AI lab’s initial public offering hinges on an internal forecast that it will book between $190bn and $200bn of revenue in 2028, a previously unreported figure that bankers and investors are already leaning on to justify a price tag that could brush $2tn. The leap involved is the sort […]

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Dario Amodei admits AI companies have not delivered on their promises

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Dario Amodei wrote on X that the most accurate criticism of AI companies including Anthropic is that they have not yet delivered on their promises, and that only genuine breakthroughs will win public trust. It lands as Anthropic prepares a listing that backers expect to value it at $2trn. Dario Amodei has conceded the case […]

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Anthropic’s quarterly revenue passed $11.5bn, up more than 14-fold

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Anthropic has told prospective investors that second-quarter revenue exceeded $11.5bn, more than 14 times the $787mn it made a year earlier, and that it recorded positive adjusted operating income. The figures are preliminary and come as the company prepares a listing. Anthropic has told prospective investors that its second-quarter revenue passed $11.5bn. That is more […]

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AMD raises $4.75bn in its biggest ever bond sale

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AMD has raised $4.75bn in its biggest ever US dollar bond offering, sold in four tranches with maturities from three to ten years. It held $13.1bn in cash against $3.2bn of debt at the end of June, and has committed up to $5bn to Anthropic. AMD has raised $4.75bn in the largest dollar bond sale […]

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