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Anthropic’s amended S-1 shows third-quarter revenue of $16.96 billion and a $23.29 billion net loss
Anthropic’s amended S-1 shows unaudited third-quarter revenue of $16.96 billion, against $11.56 billion in the second quarter and $1.38 billion a year earlier, and a net loss of $23.29 billion, against $66.3 billion and $12.14 billion.
Goldman Sachs limits use of Claude Code and GitHub to engineers, Bloomberg reports
Goldman Sachs has limited the use of Claude Code and GitHub to engineers, according to internal guidance seen by Bloomberg. Bloomberg cites a person as saying “strats” are exempt.
OpenAI has about $11 billion in commitments for a funding round it initially targeted at $30 billion, WSJ reports
The WSJ reports OpenAI has about $11 billion in commitments toward a round it first targeted at $30 billion. The FT says the target was cut to about $20 billion.
Amazon discloses a secured loan facility of up to about $80 billion for technology infrastructure purchases
Amazon’s 10-Q discloses a secured loan facility of up to about $80 billion for technology infrastructure purchases. Borrowing opens in Q1 2027 at variable rates with five-year maturities.
OpenAI signs four Abu Dhabi agreements, including an ADNOC and G42 deployment with in-country inference
OpenAI signed four agreements in Abu Dhabi, the Abu Dhabi Media Office says, including an ADNOC and G42 deployment using in-country inference. No financial terms were given.
Marvell agrees to buy Lumentum in an all-stock deal with an implied enterprise value of $115 billion
Marvell and Lumentum announced a definitive all-stock deal with an implied enterprise value of $115 billion. Lumentum holders get 4.500 Marvell shares each; closing is expected in the first half of 2028.
Bloomberg reports Anthropic is SpaceX’s “Customer B,” behind 34.5% of its third-quarter revenue
Bloomberg reports, citing one person, that Anthropic is the SpaceX customer behind 34.5% of third-quarter revenue. SpaceX’s 10-Q calls it only “Customer B” and does not name it.
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Marvell agrees to buy Lumentum in an all-stock deal with an implied enterprise value of $115 billion
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Apple’s 10-K warns AI agents “may behave in unintended or unpredictable ways”
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Bull and Schwarz Digits say they signed a memorandum of understanding on AI computing under European jurisdiction
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Salesforce says it signed a definitive agreement to acquire Cresta
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Drax says it signed agreement with Brookfield and Radiant to develop AI data center in North Yorkshire
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OpenAI says former Army Secretary Dan Driscoll will join as senior counselor for national security modernization
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EU Advocate General says chatbot reuse of press articles may infringe publishers’ rights in Gemini case
EU Advocate General Szpunar said a chatbot’s retrieval and reuse of press articles may infringe publishers’ rights in certain circumstances, in a case against Google