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Anthropic is on course to post more than $1 billion in profit in Q3 2026, according to an analysis, as the company's confidential IPO filing already in progress. According to SemiAnalysis, Anthropic's annualized recurring revenue is projected to reach $300 billion by end of 2027. At current software

SpaceX climbed into the ranks of the world's most valuable companies on Tuesday, briefly passing Amazon and Microsoft near a $2.94 trillion valuation before momentum cooled and dragged shares back. Key Points: SpaceX jumped about 12% on Tuesday, its third trading day, briefly overtaking Microsoft ne

A new study scoring how aggressively S&P 500 firms use artificial intelligence handed perfect marks to Nvidia, Amazon, Meta and oil services giant Schlumberger. Key Points: Nvidia, Amazon, Meta and Schlumberger each posted a perfect 100 on a new corporate AI ranking. The open-source index draws on e

Ethereum’s (ETH) current market weakness resembles Amazon during the aftermath of the dot-com crash, according to a note from Standard Chartered’s Geoffrey Kendrick, who argued that the asset’s internal network metrics continue improving even as ETH price performance lags sharply behind. Kendrick on

SpaceX is in talks to acquire Anysphere, the company behind AI coding tool Cursor, in a deal that could be valued at $60 billion. The potential acquisition comes as SpaceX has been increasing its emphasis on artificial intelligence. The company is also preparing for a public listing, according to th