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Anthropic lost $42bn in 2025 as revenue grew 12-fold, Reuters reports

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Anthropic lost $42bn in 2025, while its revenue grew 12-fold to nearly $4.6bn, Reuters reported on Monday. Echo Wang, who reviewed the draft filing, reported that nearly a quarter of that revenue came from just two customers. Reuters did not name them. Anthropic’s IPO prospectus has not been made public, and TNW has not seen […]

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Anthropic warns of ‘catastrophic’ AI risks in its own IPO filing

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As Anthropic gears up for its greatly anticipated public debut, a preview of the company’s IPO filing reportedly details its mounting losses, leadership proposals to retain power, and how its AI development plans could “further increase the risk that our models cause harm.” These disclosures come as Anthropic eyes a $2 trillion valuation, more than […]

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OpenAI, Blackstone and unions form a data centre alliance, Axios reports

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OpenAI, Blackstone, QTS and SoftBank Group have teamed up with US unions to head off state data centre moratoriums, Axios reported on Monday. The American Infrastructure Alliance wants to agree data centre standards with state and local officials in 2027, Hans Nichols wrote. The group will start with campaigns in Texas, Georgia, Ohio, Iowa, Pennsylvania, […]

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ByteDance rents a fifth of China’s data centre capacity, SemiAnalysis says

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ByteDance occupies roughly a fifth of China’s delivered data centre capacity, and it rents nearly all of it, according to research firm SemiAnalysis. That makes the TikTok owner the key customer for every wholesale data centre operator in China, the firm said. It published the estimate in a report on Friday. The estimate comes from […]

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Samsung and five affiliates put $1bn into KKR’s AI infrastructure firm

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On Tuesday, the group said that six of Samsung’s companies are pooling their resources to make a $1bn investment in Helix Digital Infrastructure, a company that KKR set up in June specifically to build AI data centers. Samsung Electronics is investing $500M, with the remainder allocated among its affiliates. The companies in question are Samsung […]

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Anthropic founders to keep 50.1% of votes after IPO through Founder LLC

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Anthropic’s seven co-founders will hold 50.1% of the company’s voting power after it lists. They will do so through a new entity called the Founder LLC, according to a draft IPO filing reviewed by Reuters. The setup is meant to let them put the company’s mission ahead of market pressure. Still, the document has not […]

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Meta signs deal for Firmus AI computing capacity in Southeast Asia

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Meta has signed deals to rent AI chips at data centers in Southeast Asia run by Firmus, an Australian company that builds them, the two companies announced. Meta has reserved a certain amount of capacity and can add more if needed. Also, the company plans to use the chips to research, build, and train its […]

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Cloudflare’s Prince tells The Verge bots could be 1,000x human traffic

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Bots could make up 1,000 times more web traffic than humans within five years, Cloudflare chief executive Matthew Prince told The Verge. He made the forecast on Nilay Patel’s Decoder podcast. He added that each of his earlier predictions on bot traffic had been wrong. They were wrong because bots grew faster than he expected. […]

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