Tag: Anthropic

Wall Street Lines Up $63 Billion to Buy Broadcom Chips for Anthropic

Bank of America, Blackstone, Citi and Morgan Stanley will finance $63 billion of Broadcom chips for Anthropic, with Broadcom backstopping senior lenders. Moody's has already flagged the risk of repeat de

Startup Founded by DOGE Alumni Says Its AI Agents Got Inside Anthropic in Under 12 Hours

Cathedral, a months-old security startup run by former DOGE staffers, says its AI agents reached Anthropic salary data and Slack messages in under 12 hours. Anthropic says only a limited set of systems w

Anthropic IPO Filing Claims Claude Now Writes Over 90% of Its Own Code

Anthropic's S-1 says Claude wrote more than 90% of the code added to the company's codebase in September and that per-engineer code output is up over 45 times since 2024. Those are Anthropic's own unaudi

Anthropic Files to List as ANT With an $80.7 Billion Paper Loss and Founders in Control

Anthropic has publicly filed to list on Nasdaq as ANT, showing $16.29 billion in first half revenue and an $80.7 billion loss that is mostly a noncash convertible note charge. Its seven co-founders will

Elvis Presley Rights Holders Sue Anthropic Over 274 Songs They Say Claude Took for Free

The owners of the Elvis Presley catalog allege Anthropic trained Claude on 274 of his songs without paying, and they want $41.1 million plus the destruction of every unauthorized copy. Anthropic says it

OpenAI Is Reportedly Undercutting Anthropic to Win Its Biggest Customers

OpenAI is offering steep discounts to lure Rippling, Replit and DataCamp away from Anthropic, The Information reports, and Rippling's coding work flipped to OpenAI in five months. Neither company has con

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