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An unnamed enterprise customer ran up a roughly $500 million bill on Anthropic's Claude in a single month after setting no usage limits or spending caps for its staff. Key Points: One company spent about $500 million on Claude in a single month with no spending caps in place. The bill traced back to

Dell Technologies shares jumped about 39% in after-hours trading Thursday after first-quarter earnings far exceeded Wall Street estimates on booming demand for artificial intelligence servers. Key Points: Dell's fiscal first-quarter revenue rose 88% to $43.8 billion, beating estimates by roughly $8

Anthropic released Claude Opus 4.8, claiming the upgraded model outperforms OpenAI's GPT-5.5 and Google's Gemini 3.1 Pro on several coding benchmarks. Key Points: Anthropic launched Claude Opus 4.8 on May 28, pricing it level with the prior 4.7 release. The company says it tops OpenAI's GPT-5.5 and

Anthropic has closed a $65 billion Series H financing round at a $965 billion post-money valuation, the company announced on Friday. The round was led by Altimeter Capital and pushes Anthropic past OpenAI as the most valuable private AI company in the world. The Round Details The $65 billion raise i

Morgan Stanley doubled its forecast for AI-driven job losses across Europe's banking sector, saying as much as 20% of the workforce could disappear by 2030. Key Points: Morgan Stanley now projects up to 400,000 European banking jobs could be cut by 2030, double its January estimate. The hardest-hit