Anthropic launches Australian IPO amid growing AI scrutiny
Anthropicthe maker of AI chatbot Claude, opened its retail IPO in Australia on Wednesday, giving individual investors access to shares ahead of the company’s planned listing on Nasdaq. The offering began at 10 a.m. Australian Eastern Daylight Time…
OpenAI CFO: Third quarter was a ‘blockbuster quarter’, revenue jumped 50%
OpenAI’s (OPAI.PVT) third-quarter revenue grew nearly 50% quarter-over-quarter to $10 billion, with an annual run rate of about $50 billion, CFO Sarah Friar told Deirdre Bosa on Tuesday. That’s better than the 18% growth the company reported…
‘It’s just a question of fairness’: United CEO doubles wealth tax despite his $32 million salary
United Airlines CEO Scott Kirby took home about $32.3 million in total compensation last year, according to Fortune» reports on United’s proxy statement. He believes people like him should pay more, starting with a tax on the wealth they already…
OpenAI revenue climbs to $10 billion in third quarter amid widening losses – The News
OpenAI revenue jumps to $10 billion in third quarter amid widening losses The information OpenAI’s third-quarter revenue jumps nearly 50% to $10 billion Bloomberg.com OpenAI, set to go public in 2027, now accounts for majority of company sales,…
Are markets open on Veterans Day? (SP500:) (SP500:)
Delpixart/iStock via Getty Images U.S. stock markets will remain open on Veterans Day, Wednesday, November 11, 2026, but bond markets and most bank branches will close for the federal holiday honoring veterans. The New York Stock Exchange and Nasdaq will…
Ring cameras go mobile as Amazon launches AI-powered drone and security robot
The on-board camera capability includes a 148-degree field of view and 360-degree rotation with 2K video resolution. Two LED lights also activate in low light conditions to help illuminate the scene for the drone’s video camera. However, the drone…
SpaceX plans $24 billion data center project in Starbase
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Credit card debt hits record high
In figures: Consumer credit card balances increased by $22 billion in the third quarter, an increase of 1.7%. That’s $52 billion more than a year earlier. The figures are not adjusted for inflation, meaning that part of the increase reflects higher…
US military appears to be growing nervous over launch supply shortage
The loan from Stoke Space is designed to support construction of the company’s second launch pad at the Cape Canaveral space station in Florida. The second launch site would support flights of Stoke Space’s Nova Block 2 rocket, an upgraded…
Anthropic Bankers Prepare to Raise Their IPO Valuation to $1.5 Billion or More
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Anthropic bankers are considering raising the price of AI Group’s IPO after receiving strong investor demand,…