Anthropic’s Annualized Revenue Tops $65 Billion Before IPO
Anthropic's annualized revenue has exceeded $65 billion, representing a sevenfold increase from the previous year's pace. The company is preparing for an initial public offering based on this financial performance.
Read full story →Opening statements begin in the biggest consumer protection case in the US
Twenty-nine state attorneys general began opening statements in a consumer protection case against Meta in Oakland with a jury already seated. The trial is expected to last approximately five weeks with lawyers from California, Colorado, Kentucky, and New Jersey presenting arguments.
The DOJ is investigating Andreessen Horowitz over competing board seats
The Justice Department is investigating whether Andreessen Horowitz partners improperly hold board seats at competing artificial intelligence companies. The investigation, which has been underway for nearly a year, centers on potential conflicts of interest from simultaneous board memberships.
The number of ‘negative-beta’ stocks in the S&P 500 just hit a new record high. What that means for investors.
The proportion of negative-beta stocks in the S&P 500 has reached a record high, meaning these stocks increasingly move opposite to the broader index on any given day. This pattern creates volatility greater than what the overall index performance would suggest.