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Research firm calls Anthropic the ‘most ridiculous IPO of 2026’, says it may be worth $144bn

Anthropic’s planned stock market debut is “an unprecedented test of investor gullibility,” independent research firm New Constructs said in a report titled “Anthropic Is The Most Ridiculous IPO of 2026.” The firm puts the AI company’s equity at as little as $144bn. That is 93% below the $2tn valuation Anthropic is reportedly targeting. The report […]

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Waymo plans robotaxi service in Toronto by 2028, its first in Canada

Waymo is bringing its driverless taxi service to Toronto, its first city in Canada, and hopes to carry its first riders there in 2028. The Alphabet-owned company announced the move today. Its cars will appear on Toronto’s streets in the coming days, but people will drive them at first. Waymo will first map the city’s […]

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CoreWeave shares and bonds head for steep weekly losses over AI debt

CoreWeave’s shares and bonds are on track for steep weekly losses, as investors worry about how much the AI cloud provider has borrowed, Reuters reported on Friday. By Thursday’s close, the stock was down more than 15% for the week, its biggest weekly fall in about two months. It was also on course to lose a […]

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Rakuten raises record ¥400B from bond sale driven by retail investors

Rakuten priced ¥400B ($2.5B) of yen bonds on Friday, its largest yen bond sale, with ¥360B going to retail investors. The 5.5-year debt carries a 4.37% coupon. Japanese companies have sold about ¥3.2T of retail bonds this year, already above 2025’s record. Rakuten Group has priced ¥400B (about $2.5B) of yen bonds, its largest yen […]

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Anthropic makes Code Review generally available, with $50,000 in credits attached

Anthropic has moved Code Review, its automated pull-request reviewer for Claude Code, out of research preview for Team and Enterprise customers, with up to $50,000 in free credits for eligible enterprises. Organisations running GitHub Enterprise Cloud with data residency, the configuration European firms adopt to keep code in the EU, are excluded from the offer. […]

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Meta opens a weaker AI model while keeping the frontier closed

Meta has published the weights for Muse Spark Open, a coding and agent model it says is less advanced than the Muse Wonder frontier model it launched on Monday. Chief AI officer Alexandr Wang said Meta will generally not open-source its most powerful models, which is the split the EU AI Act’s open-source exemption is […]

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Sony revives the Walkman with a $5,899 gold-plated flagship

Sony has revived the Walkman with three digital music players priced from $1,899 to $5,899, the flagship built around a gold-plated oxygen-free copper chassis. No European price or release date has been given, and the EU’s rule on user-replaceable batteries applies from 18 February 2027. Sony has brought back the Walkman with a flagship costing […]

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Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record

Jensen Huang told Bloomberg in Stockholm that CoreWeave’s cost of capital is decreasing and that Nvidia does not need to backstop the company. On the same day CoreWeave’s five-year credit default swaps hit a record 1,194.5 basis points, pricing a more than 60% chance of default within five years. Jensen Huang said in Stockholm on […]

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