Anthropic filed the paperwork for its hotly anticipated public stock offering on Monday, providing the first detailed look at its finances in a voluminous, and at times slightly surreal, document that describes a coming “age of miracles” alongside warnings of “existential risks to society.” The S-1 filing, which starts the countdown clock to what’s expected…
Anthropic’s S-1 IPO filing is officially out, and aside from warnings about “catastrophic or existential risks to humanity,” it includes an alphabet soup of varying classes of stock. Anthropic’s stock will come in five letters: A, E, F, N and T, two of which consist of a single share each and three carrying no economic…
The work AI does best is the work nobody wants to do. In finance, that is precisely the problem. For decades, junior accountants learned their trade by reconciling accounts, manually entering data, and grinding through the month-end close. The tasks were tedious, but they built an understanding of the mechanics of finance. It’s now possible…
Billy Evans has spent the past week as the breakout character of the year’s most talked-about documentary. Now attention is turning to his day job. Evans, the longtime partner of convicted Theranos founder Elizabeth Holmes, runs Haemanthus, an Austin-based startup that says it can use lasers to detect disease in blood, saliva, and urine. Interest…
Anthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business model while generating substantial revenues from its consumer and enterprise offerings. Both companies face financial pressures as they invest heavily in infrastructure and computing power. The competition between Anthropic and OpenAI is primarily driven…