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Anthropic
Anthropic reports third-quarter net loss of $23.3 billion
Anthropic posted a net loss of $23.3 billion for the third quarter, up from $12.1 billion in the same period last year.
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Anthropic
Anthropic grants Google option for up to $10 billion in stock
Anthropic has given Google the right to purchase up to $10 billion worth of Class N shares.
HotAnthropic
Anthropic reports third-quarter revenue of $16.96 billion ahead of planned Nasdaq listing
Anthropic reported third-quarter revenue of $16.96 billion, up 1,127 percent from a year ago, in an amended IPO filing. The company posted a $23.3 billion net loss and disclosed $895.4 billion in future purchase and lease commitments.
Anthropic IPO
Anthropic reportedly targets Nasdaq listing before Thanksgiving with trillion-dollar valuation
Anthropic is said to plan a Nasdaq debut before Thanksgiving with a valuation between $1.4 trillion and $1.5 trillion. Goldman Sachs and Morgan Stanley lead the offering as the company reports $16.29 billion in first-half revenue.
AI Spending
Alphabet seeks €3.5 billion in new euro bonds
Alphabet is reportedly raising at least €3.5 billion through a seven-tranche bond offering as AI spending concerns push up borrowing costs. The company's credit default swap spread reached a record high following recent earnings.
Alphabet
Alphabet to raise 6 billion euros from European bond sale
Alphabet plans to raise 6 billion euros through a European bond sale. The company will use the proceeds to fund its operations and investments.
HotMarvell Lumentum
Marvell to buy Lumentum in $115 billion stock deal
Marvell agreed to acquire Lumentum for approximately $115 billion, valuing the target at $1,132 per share. The all-stock transaction aims to expand Marvell's AI infrastructure capabilities and is expected to close in the first half of 2028.
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