Anthropic posts $4.8B revenue, expects $10.9B in June quarter

The bill requires companies like OpenAI, Anthropic, and Google to have third parties confirm they’re following safety standards. Illinois Governor JB Pritzker says he’ll sign.

Anthropic's rapid revenue growth and profitability signal a transformative shift in AI market dynamics, potentially reshaping tech investment strategies. The post Anthropic posts $4.8B revenue, expects $10.9B in June quarter appeared first on Crypto Briefing.

Anthropic's valuation surge highlights the growing investor confidence in AI sector growth, but sustainability and cost management remain critical. The post Anthropic eyes $1.2T valuation by year’s end amid revenue surge appeared first on Crypto Briefing.

Salesforce's AI investments highlight the challenge of balancing innovation with immediate revenue growth, impacting investor confidence and market stability. The post Salesforce shares sink on soft revenue outlook amid AI concerns appeared first on Crypto Briefing.

Elon Musk’s SpaceX has filed for what could become the largest IPO in history. It could potentially raise a staggering $75 billion. OpenAI is targeting a public offering as soon […] The post SpaceX, OpenAI, and Anthropic IPOs: Can Wall Street Finance the AI Boom? appeared first on AIwire.

NY-12 congressional candidate Alex Bores speaks during a campaign event. | Bloomberg via Getty Images By the time that the Democratic primary for New York's 12th congressional district wraps up in June, Anthropic and OpenAI will have spent millions on their battle over the political future of AI: who gets to regulate it, or who will be punished for trying to regulate it. But the real winner of their feud may be the guy they're currently fighting over: a once-obscure New York state assemblyman, who they've Streisand-effected into becoming the poster child for AI safety regulation. Ever since late 2025, Leading the Future, a super PAC funded by OpenAI, Palantir, and a16z executives, has spent millions against Alex Bores, who wrote one of the … Read the full story at The Verge.

After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for […]

On Monday, Pope Leo XIV unveiled an encyclical letter addressing the societal implications of artificial intelligence. The letter, titled Magnifica Humanitas, warned that the "use of AI is never a purely technical matter: when it enters processes that affect people's lives, it touches on rights, opportunities, status and freedom." Alongside him was Anthropic cofounder and interpretability team lead Christopher Olah, representing a partnership between the Catholic Church and one of the biggest players in AI. The letter elicited a wide range of reactions from in and around the tech industry. Nearly everyone believed the document would be infl … Read the full story at The Verge.