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Artificial intelligence companies Anthropic and OpenAI have already taken early steps toward an IPO, The New York Times recently reported.
Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.
After a take-private deal in 2024, the company recently announced a $1 billion spending spree to supercharge growth.
2026 presents a catch-22 for the Fed. It normally cuts rates to buoy hiring, which tightened last year, but that could drive up inflation.
The good news is that CFO David Zinsner said that the company expects its supply to rebound through the rest of the year.
Huntington Bancshares reported that its average commercial loans grew 12% from the prior quarter and 21% from a year ago in Q4.