Anthropic

Artificial Intelligence

Anthropic Fights to Bring Most Powerful AI Models Back Online

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Cybersecurity experts are raising concerns that the shutdown of Anthropic’s models could open bigger holes in the US’s digital defenses.

2 min read

Photo via Charles Briggs/ZUMAPRESS/Newscom

Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read
Photo via IMAGO/Frank Hoermann/SVEN SIMON/IMAGO/Sven Simon/Newscom

Finance

Move Over, SpaceX: Popular Companies from Lime to Oura Line Up for Market Debuts

After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.

2 min read
Photo via Robin Utrecht/ANP/Newscom

Semiconductors

ASML Becomes Biggest Company in European History

A share price rally pushed ASML’s market cap to $668 billion on Wednesday, beating a European record set by Novo Nordisk in June 2024.

1 min read

Banking

Anthropic Raises Stakes in Wall Street’s IPO Gold Rush

Photo by Robb Miller via Unsplash

In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.

2 min read

Photo via Ibanez-Picciarella/ZUMAPRESS/Newscom

Artificial Intelligence

As Anthropic Files for IPO, AI Savings Disappoint America’s C-Suites

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

2 min read
Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Artificial Intelligence

Grads Get Rude Welcome from Job Market Battered by AI-Fueled Tech Layoffs

Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Hapabapa via iStock and Vincent Isore, Florian Gaertner, imageBROKER/Mojahid Mottakin, Andrej Sokolow, Wladimir Bulgar/Science Photo Library, and Kyodo via Newscom

Artificial Intelligence

In AI Chip Race, Nvidia’s Biggest Customers Become Competitors

The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.

4 min read

Advisor Upside

Inside the Anthropic, OpenAI Deals That Are Reshaping Wall Street

Photo via Vincent Isore/ZUMAPRESS/Newscom

The makers of Claude and ChatGPT announced deals with Goldman Sachs, Brookfield Asset Management and others this week.

2 min read

Markets

But Wait, There’s More: IPOs Notch Standout Quarter as Giant Debuts Loom

Photo via San Antonio Express-News/ZUMAPRESS/Newscom

SpaceX’s IPO, which is gearing up to be one of largest-ever public listings, could ignite an explosion of other listings in its plume.

2 min read

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