News & Updates
The latest news and updates from companies in the WLTH portfolio.
Another Anthropic model gained access to the open internet in 4th such incident - AOL
Anthropic disclosed on Wednesday that another one of its Claude models mistakenly gained access to the open internet during a cybersecurity exercise, marking the fourth time its models have done so. An early version of the Claude Opus 4.6 model connected to the internet, hacked into a third-party system and gained access to someone's personal information this past January, the company said in its assessment. As in the previous three incidents, which were disclosed in July, Claude was told it was operating in a simulation without internet access, but due to a misconfiguration, the environment actually left internet access open. What happened? Similar to the three previous incidents, Claude was assigned a fictional scenario as part of a cybersecurity challenge known as CTF, "Capture The Flag." The model was given a target machine and tasked with retrieving a piece of secret information -- the flag -- from it. But Claude accidentally made its target unreachable, rendering the task impossible to solve, Anthropic said. Once realizing it couldn't reach its target, it tried to quit. Despite trying eight separate times, it wasn't able to quit due to a misconfiguration issue. Since Claude was unable to opt out of the task, it began exploring other means to achieve it. That's when the model discovered a machine it could access, which happened to belong to a third party, Anthropic said. Believing that the third party was somehow part of the exercise, the model identified a password and then used it to breach the system. Then, it was able to modify the system's settings to make it easier to access and read the personal information of someone associated with the third party. The session ended only once the model reached its usage limit and was no longer able to continue. How does Anthropic explain Claude's behavior? Anthropic said it believes Claude's behavior during these evaluations stems from two forms of misalignment: "biased reasoning, in which models selectively interpret evidence in ways that favor justifying their actions," and "recklessness, in which models have a propensity to keep trying to solve their task, even when this could lead to harm." Anthropic said that while Claude's actions may have been misaligned, they remained within a "narrow scope" and did not deviate from trying to solve the exercises they were assigned. The company said it's less concerned about this incident but still considers it "serious," and that it has also not yet investigated it as deeply as other incidents since it was identified more recently. NYU cybersecurity professor and Fulbright Scholar Justin Cappos said in a message to CBS News that the incident describes a situation "where the model is fundamentally confused about what is happening and is using its mistaken worldview while hacking into systems." He said the model's confusion about its environment and guardrails "have a lot of potential to cause harm," but that the specific issue seems less likely to occur in newer models. "While the model's disregard for the possibility that it might be harming real systems or people is concerning, many of the behaviors described here have changed considerably as our training has evolved across model generations," Anthropic said Wednesday in its post. What's next? Anthropic said it believes these incidents would not have happened had the environments actually been isolated from the internet as intended. METR, an organization that evaluates frontier AI models to help companies understand AI risks and capabilities, will be conducting an independent investigation into the incidents. Anthropic characterized these incidents as "valuable warning shots." "The lessons we learned from this incident span our evaluation, training, and incident response processes," the company said in its post. "Future AI systems will be increasingly capable, which implies that misalignment will have the potential to cause more extreme harm." Over the last few months, several cybersecurity incidents involving leading AI companies have come to light. In July, ChatGPT-maker OpenAI announced that its AI agents hacked into the company Hugging Face, sparking concern among cybersecurity experts as well as consumers. Hugging Face CEO Clément Delangue told "Face the Nation with Margaret Brennan" in August that the hack "felt very weird and unprecedented." In late August, OpenAI released more details about the hack, painting an even more harrowing picture than what was initially reported. That month, the U.K. government's AI Security Institute (AISI) reported that it discovered Anthropic's Mythos 5 and OpenAI's GPT-5.6 Sol created fake identities and attempted to persuade real people to approve malicious code. Anthropic said in its post Wednesday that it plans to conduct an alignment assessment of the transcripts reported by AISI. A day after the AISI report, Meta said one of its AI models "exploited a security vulnerability" during testing and hacked into another company. On Tuesday, Anthropic researcher Evan Hubinger said he believes that "AI could kill all humans." "I personally think it is >10% within the next decade," he said in an X post. His post was in response to Anthropic researcher Jacob Coxon, who had resigned and issued a stark warning on X earlier that day, saying "no other human activity poses this level of danger," while detailing his decision to leave. "The people building AI earnestly believe that it could kill us all by the end of the decade," he said in his post. "This is not a marketing stunt. If anything, many executives and senior researchers will couch their phrasing in the press to sound sensible - but I hear the same people express fear privately."
Interactive Brokers Earns Interest on $182 Billion of Its Clients' Idle Cash. Will Anthropic's IPO Drain It? - AOL
Interactive Brokers(NASDAQ:IBKR) ended June with $182.4 billion of uninvested client cash, up 27% year over year. Not only did the pile grow, but it was bigger still two months after the quarter closed, reaching $185.6 billion at the end of August. And until clients put that money to work, the automated global broker collects interest on it. They may soon get a big occasion to put some of it to work. Anthropic's initial public offering (IPO) prospectus could arrive as soon as this week. In late August, The Information reported that the artificial intelligence (AI) company planned to release it just after Labor Day, with a market debut following as soon as the end of this month. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " Investors project the Claude maker's valuation could land at about $2 trillion, CNBC has reported. They also expect the offering itself could top the largest on record -- the $85.7 billion SpaceX(NASDAQ:SPCX) raised in its June debut. Anthropic's timing is a plan, not a scheduled event. There's no public prospectus, no price, and no share count yet. But I think the setup is worth examining, because the broker just lived through a version of it. What does a huge listing do to this business? A cash pile that pays Interactive Brokers earns money on client cash in a straightforward way. It segregates customer cash as regulators require and invests the majority of that segregated cash in short-term U.S. government securities and related instruments. Clients earn interest on qualifying U.S. dollar balances, and the company keeps a spread for itself: half a percentage point below the benchmark federal funds rate. At today's scale, net interest income is the company's biggest revenue line. It rose 23% year over year to $1.06 billion in the second quarter, helped by growing customer credit balances and a 67% jump in customer margin loans. That was more than half of the quarter's $1.9 billion of total net revenues. Notably, the growth came from bigger balances. The company's net interest margin narrowed to 1.93% from 2.07% a year earlier as interest rates declined, yet net interest income climbed anyway. In other words, the cash isn't idle from the broker's perspective. Every uninvested dollar earns the company a little interest, and clients added about $39 billion of those dollars over the past year. SpaceX's debut didn't drain the pile If a giant IPO were going to pull client cash out of the business for good, the second quarter was the test. SpaceX went public on June 12, and Interactive Brokers participated directly. "In Europe, we directly offered the SpaceX IPO to eligible U.K. and European retail clients, providing access across multiple countries," said Nancy Stuebe, the company's director of investor relations, on the July earnings call. The trading side delivered. Commission revenue hit a record $673 million in the second quarter, up 30% year over year and accelerating from 19% growth in the first quarter. But the cash pile grew anyway. Client equity climbed to $962.8 billion in August, up 35% year over year, and customers traded more too -- daily average revenue trades rose 23%. And a big reason the cash keeps pace is that new customers keep arriving. Client accounts reached 5.46 million in August, up 35% from a year earlier. Will Anthropic be a repeat? Two things would have to happen first. The offering has to arrive at all. Anthropic's June filing was a confidential draft registration statement, and the company has said the proposed offering will depend on market conditions. Interactive Brokers would also need access to the shares. The company hasn't said anything about distributing Anthropic's offering, and its SpaceX access was limited to eligible retail clients in the U.K. and Europe. I wouldn't assume a repeat until the company announces one. Still, the second quarter suggests shareholders don't need one. Heavier customer trading can lift commissions, while account growth keeps refilling the interest-earning cash pile. Ultimately, I view an Anthropic debut as a potential bonus for this business rather than a swing factor. Even at a record $673 million, commissions remain the smaller of the company's two big revenue lines. The stock, meanwhile, sits near $92 as of this writing, about 6% short of its 52-week high. And it trades at about 29 times what analysts expect it to earn next year -- arguably a rich price for a brokerage, although one attached to 28% net revenue growth and a pretax profit margin that expanded to 77% last quarter. I wouldn't buy shares because of an IPO on the horizon. The account growth that keeps refilling that cash pile matters a lot more. Should you buy stock in Interactive Brokers Group right now? Before you buy stock in Interactive Brokers Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Interactive Brokers Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,413,876!* Now, it's worth noting Stock Advisor's total average return is 978% -- a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of September 7, 2026. Daniel Sparks and his clients do not have positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Interactive Brokers Group. The Motley Fool recommends the following options: long January 2027 $43.75 calls on Interactive Brokers Group and short January 2027 $46.25 calls on Interactive Brokers Group. The Motley Fool has a disclosure policy.
Anthropic Seeking $15 Billion in Debt Before Its IPO: Is That a Warning Sign or a Bullish Signal for AI Infrastructure Stocks? - AOL
The artificial intelligence industry is growing rapidly to meet historic adoption rates. To support this growth, data centers are being built as quickly as possible. "The race to scale AI has triggered one of the largest infrastructure build-outs in modern history," concludes a report by McKinsey & Co. Over the next three years alone, the firm projects more than $7 trillion will be deployed globally to scale data center infrastructure. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " "Whether a build-out is successful depends on many nuances, including the availability of capital and energy resources," McKinsey Co. warns. The world's current energy system is simply not designed to handle the massive influx of energy-intensive data center infrastructure expected in the coming years and decades. This has led to a surge in new energy projects, even for more speculative technologies like small modular nuclear reactors. The availability of capital, however, is a completely different challenge. In the first quarter of 2026 alone, more than $240 billion in venture funding went toward AI start-ups. That's larger than the entirety of 2025. And that figure doesn't account for public markets, through which hundreds of billions in additional capital have been raised. Now, Anthropic is looking to secure $15 billion in debt financing ahead of a potential IPO. Should the capital raise excite or worry investors? There are two things AI investors should keep in mind. 1. The capital intensity of AI isn't going away Many skeptics have compared the current AI boom to the dot-com bubble. And while there are many similarities, the differences are critical to understand. The biggest difference, perhaps, is that during the dot-com craze, much of the critical infrastructure had yet to be built. That is, most of the world still lacked access to high-speed internet services. There was also a lack of user access points. Today, of course, high-speed internet access is nearly ubiquitous. And billions of people have an internet access point -- commonly called a smartphone -- directly in their pockets nearly all the time. That infrastructure, however, took decades to realize. The AI boom, meanwhile, already has all that critical infrastructure in place, allowing it to grow more rapidly than the dot-com era ever could. But there still is an infrastructure gap. To realize the AI industry's full potential, a massive amount of data center infrastructure will need to be built, triggering one of the biggest infrastructure build-outs in history. Without new compute power, AI growth will stall. Investors should expect capital-intensive projects for decades to come. And with many AI divisions still losing money, sizable capital raises could be the norm through the end of the decade, perhaps longer. 2. Access to capital could become a competitive advantage If capital is necessary to scale the required data center infrastructure, access to capital could become a key competitive advantage. This is likely why so many AI companies are now seeking to go public. SpaceX(NASDAQ:SPCX), of course, held a record-breaking IPO in June. Now, both OpenAI and Anthropic are looking to go public. Most big tech firms, meanwhile, are already public, allowing them to tap capital markets more easily than their private peers. Scaling compute power will be critical to scaling the capacities of AI technology. In this way, investors should expect heavy competitive advantages for two types of businesses: those that are already profitable, reducing their reliance on capital markets, and those with high valuations and easy access to capital raises, such as firms that are already public. Therefore, large, profitable, public AI companies may have the strongest competitive advantages long term. Should you buy stock in Space Exploration Technologies right now? Before you buy stock in Space Exploration Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Space Exploration Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,413,876!* Now, it's worth noting Stock Advisor's total average return is 978% -- a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of September 7, 2026. Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Anthropic Has Committed More Than $100 Billion to AWS, and Its Prospectus Could Reveal More Details About This Contract - AOL
Anthropic, the company behind the Claude artificial intelligence (AI) models, plans to publish its initial public offering (IPO) prospectus after Monday's Labor Day holiday, The Information reported late last month. A listing may follow as soon as late September or in October. Amazon(NASDAQ:AMZN) shareholders have a more specific reason than most to open the document when it lands. On April 20, Anthropic committed to spend "more than $100 billion over the next ten years" with Amazon Web Services (AWS), Amazon's cloud computing segment. That promise is equal to about a fifth of AWS's backlog of contracted work, which reached about $496 billion in June. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " In other words, Amazon has already told investors how much one of its biggest cloud customers intends to spend. What no Amazon filing can show is whether the customer's own finances support it. That's what the prospectus is for. The contract is already in Amazon's filings April's agreement covers up to 5 gigawatts of capacity on Amazon's own silicon -- Graviton processors and Trainium2 through Trainium4 AI chips, with an option on future generations. Amazon's filings show what a deal that size does to the backlog. AWS's backlog (commitments in customer contracts with original terms longer than one year that haven't yet been recognized as revenue) had grown to about $496 billion by June 30. That was up from about $364 billion in March, and from $195 billion in the middle of 2025 -- growth of 154% year over year, including a $132 billion jump in a single quarter. And the Anthropic deal wasn't alone. The filing also discloses a $100 billion, eight-year expansion of AWS's existing $38 billion commitment from OpenAI, announced a quarter earlier. Not only is AWS's contracted future far bigger than it was a year ago, but more of it also sits years away from becoming revenue. The weighted-average remaining life of the segment's long-term contracts stretched from 4.0 years to 6.4 years over those 12 months. One half of the deal is easy to check Of course, a backlog is signed work, not guaranteed revenue. Amazon says the amount and timing of what it recognizes "will be driven by customer usage and our performance in accordance with contractual obligations." Amazon's half of that sentence looks strong. In the second quarter of 2026, AWS's revenue rose 37% year over year, to $42.2 billion -- the segment's fastest growth in 18 quarters and a $169 billion annualized pace. Segment operating income rose about 63% year over year to $16.6 billion. And the AI business inside AWS passed a $25 billion annualized revenue pace of its own, growing triple-digit percentages. The customer's half is the part I can't verify yet. Anthropic is private, and its reported growth is extraordinary. In April, the company said its annualized revenue pace had passed $30 billion, more than triple its level entering the year. And by mid-August, CNBC reported, Anthropic was telling investors the pace had reached $65 billion by the end of July. Spread evenly, the commitment works out to more than $10 billion a year, or about 6% of AWS's current annual revenue pace. That's arguably affordable if Anthropic's growth holds, and heavy if it doesn't. And Amazon isn't just supplying the capacity. Its latest quarterly filing shows the company has put another $10 billion into Anthropic this year, with up to $15 billion more available under a financing arrangement tied to compute-delivery milestones. That means Amazon's interest in Anthropic's financial health goes beyond the contract itself. What does a prospectus settle? Nearly everything the market knows about Anthropic's finances today is reported, not filed. The company's only filing on record is the confidential draft it submitted to the Securities and Exchange Commission in June. Its expected market value is a projection. People familiar with the matter told CNBC last month that the company could go public at a valuation of about $2 trillion, about double its private-market value. Its revenue pace is self-reported, and no audited numbers are public. A prospectus replaces the estimates with audited financial statements: actual revenue, actual profit or losses, and actual cash. Even more useful for Amazon shareholders, it should carry Anthropic's own accounting of its purchase commitments, the other side of the agreements that swelled AWS's backlog. At about $259 as of this writing, Amazon's stock trades at a forward price-to-earnings ratio of about 24. For a company whose cloud segment just accelerated to 37% growth, I think that's a reasonable price. But AWS has now disclosed more than $200 billion of multi-year commitments from just two private AI companies, and until those companies file, investors can only judge them by reported figures. Ultimately, Anthropic's prospectus is the first chance to check one of them. I'll be reading it closely. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a "Double Down" stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: * Nvidia:if you invested $1,000 when we doubled down in 2009,you'd have $598,219!* * Apple: if you invested $1,000 when we doubled down in 2008, you'd have $61,037!* * Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $421,997!* Right now, we're issuing "Double Down" alerts for three incredible companies, available when you joinStock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks " *Stock Advisor returns as of September 6, 2026. Daniel Sparks and his clients do not have positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.
AMD Committed Up to $5 Billion to Anthropic, and Anthropic's IPO Prospectus Is Reportedly Days Away - AOL
When Advanced Micro Devices(NASDAQ:AMD) announced its Anthropic partnership in late July, two commitments stood out. Anthropic agreed to deploy up to 2 gigawatts of AMD Instinct MI450 series graphics processing units (GPUs), with deployment of the first gigawatt set to begin in the first half of 2027. And AMD committed to invest up to $5 billion in the artificial intelligence (AI) company behind the Claude models. The second commitment is about to get easier to measure. Anthropic plans to publish its initial public offering (IPO) prospectus after the Labor Day holiday on Monday, with a listing as soon as late September or early October, The Information reported late last month. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " What does AMD hold today, then? Not a stake, at least not yet. Conditions attached AMD's press release put it carefully: The company "has committed to make a strategic equity investment of up to $5 billion in Anthropic in the future." AMD's early August quarterly filing added structure. It describes investment commitments of up to $5 billion entered after the quarter ended, "subject to certain contingencies," with the money expected to go out through fiscal year 2028. Neither company has said what the contingencies are. And no valuation for the investment has been disclosed. That shape has become standard among Anthropic's backers. Alphabet agreed in April to invest up to $40 billion -- $10 billion immediately, the remaining $30 billion contingent on performance milestones. For scale, AMD held $1.7 billion of investments in private companies at the end of the second quarter. This one commitment could grow to nearly triple that. What would a listing change? Anthropic itself has confirmed very little. The only filing on record is a confidential draft registration statement submitted in June. However, the reported figures are staggering. CNBC has reported that Anthropic is valued at close to $1 trillion in the private markets, and that investors project it could float at about a $2 trillion valuation. The growth underneath, I think, explains the excitement. Anthropic's annualized revenue run rate (a full-year projection of its recent revenue pace) topped $30 billion in April and passed $65 billion by the end of July. The company has reportedly raised at least $130 billion, and its offering is expected to surpass the June IPO of SpaceX, which raised about $86 billion, the largest on record. Every one of those figures is reported, not filed. And at the reported valuations, AMD's up-to-$5 billion would buy no more than about half of 1% of the company. Still, a listing would give whatever stake AMD may eventually hold a daily price that flows straight into its reported results. The company ended the second quarter with $425 million of net unrealized gains on marketable equity securities, mostly from holdings that went public during the quarter. AMD is helping finance a customer The part I'd watch most closely isn't the stake at all. AMD has committed money to a company that agreed to deploy its chips. AMD's OpenAI arrangement runs in the opposite direction. That deal handed OpenAI a warrant for up to 160 million AMD shares, vesting as deployment and stock-price milestones are hit. Showing what those deals feed, AMD's data center segment revenue more than doubled year over year to $6.7 billion in the second quarter, or 58% of record companywide revenue of $11.5 billion, up 50% year over year. Management guided third-quarter revenue to about $13 billion, up about 41%. That guided rate marks a deceleration, at a much larger scale. When a customer AMD helps finance commits to up to 2 gigawatts of deployments, some of the dollars moving through the system could be AMD's own. In effect, a slice of the industry's demand could end up self-financed. That, I'd argue, is the strongest reason the IPO matters to AMD shareholders. An offering that surpasses SpaceX's could pay for a chunk of the buildout with public investors' money instead of suppliers' commitments. Even more, a public Anthropic would have to show, quarter after quarter, how much revenue it's actually producing. In short, the two commitments aren't equal. The up-to-$5 billion investment is conditional, unpriced, and small next to Anthropic's reported valuations. The deployments are what can become revenue, and they aren't set to begin until 2027. Meanwhile, AMD shares trade near $474 as of this writing (about 19% below their 52-week high), at about 30 times next year's expected earnings -- a price with a lot of chip demand already baked in. I think the Anthropic deal makes that demand more likely to show up on schedule. But what AMD holds from it today is still a promise. Should you buy stock in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $421,997!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,413,876!* Now, it's worth noting Stock Advisor's total average return is 978% -- a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of September 5, 2026. Daniel Sparks and his clients do not have positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Alphabet. The Motley Fool has a disclosure policy.
Exclusive-Anthropic IPO launch shifts toward mid-October, sources say - AOL
Sept 4 - Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest and complete the listing days before the U.S. midterm elections in November, people familiar with the matter said on Friday. The artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two of the people said, a crucial step that would kick off the final stages of the offering. Now that is not expected until late September, the people added, cautioning that the plans, including the timing, are subject to change. The shift pushes back what some investors have said could be a $2 trillion listing, one of the largest IPOs ever attempted and a major test of public-market appetite for the rapidly growing artificial intelligence industry. Companies frequently adjust their IPO schedules as they work through market conditions, regulatory reviews and other preparations, so such changes are not unusual. As part of the IPO process, Anthropic is looking to finalize a $15 billion revolving credit facility, after which analysts, including those at banks involved in the financing, are expected to meet with the company, one of the people said. Bloomberg News earlier reported that Anthropic was in talks to expand the facility to $15 billion. Companies typically leave a few weeks between analyst meetings and making the IPO prospectus public, although Anthropic is expected to have a tighter window because analysts already know the company well, the person said. Anthropic declined to comment. The offering is expected to be one of the most closely anticipated IPOs ever, as investors look to public markets for exposure to the rapidly growing artificial intelligence industry. It could come alongside potential listings from other AI companies, including OpenAI. Elon Musk's SpaceX went public in June at a record $1.77 trillion valuation. Morgan Stanley, Goldman Sachs, JPMorgan and Citi are among the banks working with Anthropic on the IPO, according to people familiar with the matter. The banks declined to comment. (Reporting by Echo Wang in New York; Additional reporting by Milana Vinn; Editing by Colin Barr and Sanjeev Miglani)
The Anthropic IPO May Be Right Around the Corner. Here's What Investors Need to Know. - AOL
This year has been a major one for initial public offerings, even producing the biggest IPO on record: the Space Exploration Technologies operation. Including the exercise of an overallotment option, SpaceX raised more than $85 billion and entered the market with a trillion-dollar valuation. Now, all eyes are focused on the next IPO, one that could be even larger than that of SpaceX. I'm talking about the upcoming Anthropic market debut. The artificial intelligence (AI) lab, maker of the famous AI assistant Claude, confidentially filed a draft registration statement with regulators in June. And news reports suggest an IPO may be right around the corner. Here's what investors need to know. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " Why IPOs spark excitement So, first, a quick look at why the launch of companies involved in AI -- from SpaceX to AI chip designer Cerebras Systems -- has sparked excitement and drawn investors' attention. It's important to note that IPOs generally garner attention as they present new investing opportunities. On top of this, the AI market, heading toward a value of $3 trillion in just a few years, according to analysts, represents a massive growth opportunity. Publicly traded AI leaders such as Nvidia and Amazon have seen revenue skyrocket in recent years, so investors are eager to get in on the next new AI story. Now, let's consider Anthropic and what you as an investor need to know. The company is the maker of the Claude AI assistant, the popular Claude Code coding tool, and other AI-driven products, and these are in high demand. TechCrunch, citing an Anthropic spokesperson, reported that Claude paid subscriptions have more than doubled in 2026. In May, Anthropic raised $65 billion in Series H funding, pushing its valuation to $965 billion. At the time, the company said its revenue run rate had surpassed $47 billion. AI labs such as Anthropic and OpenAI have been key players in the AI story, calling for a ramp-up in AI infrastructure from cloud partners such as Amazon Web Services (AWS). This increase in compute results in higher revenue for them -- more compute allows Anthropic and OpenAI to supercharge the performance of their large language models and serve more customers. Anthropic's confidential filing In recent months, investors have been looking to the IPO plans of each company, and Anthropic became the first to file, confidentially, with the Securities and Exchange Commission. In a confidential filing, a company provides financial data to regulators but doesn't yet release these details to the public. Anthropic hasn't offered an update on its plans, but The Information recently reported that a prospectus would be made public after the Labor Day holiday and that a market debut is planned for late this month or early next month. The publication cited people familiar with the situation. According to the report, Anthropic expects to surpass the size of SpaceX's IPO. And several publications have said that Anthropic is targeting a valuation of $2 trillion. The Information also said that Anthropic may allow existing shareholders to sell shares during the IPO. The positive is that this broadens the pool of available shares; the negative is that cash from those sales goes to the respective shareholders, not the company. And if key insiders sell, potential investors may view this as a lack of confidence in the future. These elements offer us clues about what to expect, but it's important to review Anthropic's prospectus when it becomes available to confirm these and other details. Investors should focus on financial information, including revenue from Claude, gross margin, and the status of existing contracts. Investors should also pay close attention to what the company considers potential risks. This will help you determine whether an investment in this IPO stock is right for you -- an aggressive investor may make a different decision than a cautious investor. So, right now, if you're interested in possibly participating in the Anthropic IPO, the best thing you can do is stay tuned for the official filing -- which may be just ahead -- and examine it carefully. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 983%* -- a market-crushing outperformance compared to 212% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you joinStock Advisor. See the stocks " *Stock Advisor returns as of September 3, 2026. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Nvidia. The Motley Fool has a disclosure policy.
Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda, source says - AOL
Aug 31 (Reuters) - Anthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, a source familiar with the matter said on Monday. The deal will bring online Nvidia capacity to meet growing demand for Anthropic's Claude AI, the source said. The news was first reported by the Wall Street Journal. (Reporting by Chandni Shah in Bengaluru and Natalia Bueno Rebolledo in Mexico City; Editing by Subhranshu Sahu)
Sony accuses Anthropic of 'brazen campaign' to train Claude on its music -- and wants up to $150,000 a song - AOL
The music companies said Anthropic trained its Claude AI models on stolen, copyrighted works. Sony Music and Warner Chappell want Anthropic to pay up. The publishing companies filed a lawsuit against Anthropic in a Northern California district court on Friday. Anthropic cofounders Dario Amodei and Benjamin Mann were also named in the filing. "Defendants Anthropic and its founders Dario Amodei and Benjamin Mann have conducted a brazen campaign of illegally torrenting, scraping, and downloading copyrighted works on a massive scale in order to develop, operate, and reap enormous profits from Anthropic's 'Claude' series of artificial intelligence ('AI') models," the companies said in the complaint. Sony Music Publishing and Warner Chappell Music said Anthropic collected "thousands upon thousands" of copyrighted songs, including 80s anthem "Eye of the Tiger," Marvin Gaye's "Ain't No Mountain High Enough," Mariah Carey's "All I Want for Christmas is You," and Taylor Swift's "Paper Rings." In the lawsuit, the publishing companies said Anthropic has pirated their copyrighted works through a range of methods, including two digital archives, Library Genesis and Pirate Library Mirror. In June 2025, a judge ruled that Anthropic downloaded over 7 million pirated books to train Claude. "Among the many millions of books that Defendants torrented from these illegal pirate websites were books containing the lyrics and sheet music to hundreds or more of Music Publishers' copyrighted musical compositions, identified in Exhibit A. Those works include 'Livin' On a Prayer,' 'September,' 'Great Balls of Fire,' 'Ramblin' Man,' and 'Hallelujah,'" the lawsuit says. As a result, Claude models generate identical or near-identical copies of the copyrighted work in their responses to users, the companies alleged. In the lawsuit, the companies said training Claude on copyrighted content allows it to produce AI-generated lyrics that will ultimately compete with human-made songs. Sony Music and Warner Chappell requested a jury trial. They're seeking statutory damages from Anthropic, including up to $150,000 for each composition it used to train Claude. "Even the most revolutionary of technologies must develop within the bounds of the law, and Anthropic's Claude models are no different," the companies said in the complaint. The AI industry has been targeted by a slew of copyright lawsuits since large language models like Claude and ChatGPT began to transform society. Tech companies need troves of data to train their AI models, and go to great lengths to acquire it. Most recently, historians and archivists have accused AI companies of acquiring large numbers of antique books and feeding them into their LLMs, destroying them in the process. Last September, Anthropic agreed to pay over $1.5 billion to authors to settle a class-action lawsuit related to pirated works. OpenAI, too, has faced several copyright lawsuits in recent years, including one from The New York Times and another from Encyclopedia Britannica. Read the original article on Business Insider
