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The Marked Chart Wire · Business
HotAnthropic
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.
Part of a series: Anthropic files for IPO with high compute costs
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Anthropic
Anthropic has given Google the right to purchase up to $10 billion worth of Class N shares.
Anthropic
Anthropic posted a net loss of $23.3 billion for the third quarter, up from $12.1 billion in the same period last year.
Anthropic IPO
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 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 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 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.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.