Anthropic’s $80B loss has a catch
Anthropic reportedly lost $80.7 billion in six months. Most of that was an accounting charge, according to draft IPO documents reviewed by The Wall Street Journal. |
The loss is not the same as cash spent. A roughly $72 billion charge came from changes in the value of financing deals.
The real question: can revenue keep up with the cost of running and expanding its AI?
OpenAI lowers its asking price by $150B
OpenAI is seeking up to $30 billion from investors, according to the Financial Times. |
Its target company value fell from $1.4 trillion to $1.25 trillion, a $150 billion cut.
The funding deal is still being negotiated. The final price and amount raised could change.
Meta’s spending plan reaches up to $145B
Meta expects to spend $135–145 billion on infrastructure and other long-term assets this year. AI is a major driver. |
The minimum rose by $5 billion. The maximum stayed the same. This covers the whole company.
It also announced a new type of share it can use to raise money without changing voting control.
Investors want to see the returns
AI spending worries helped drive a tech selloff. Higher oil prices added pressure.
Quick Hits
DeepSeek nears a $15B round. Reuters reports it is wrapping up roughly $15 billion in funding. The company has not confirmed the terms. Read more →
Tesla cuts its spending plan. Its 2026 capital spending forecast falls to about $20 billion from more than $25 billion. Read more →
Solidigm’s IPO is dropped. SK Hynix pulled back from the planned U.S. stock listing amid market volatility. Read more →
A $1B bet on cheaper AI. Flapping Airplanes raised $1 billion to research AI that needs less data and computing power. Read more →
Legal AI attracts another $550M. Legora raised $550 million at an $8.8 billion company valuation. The funding backs U.S. and international expansion. Read more →
LSEG makes a $3.5B data deal. It agreed to buy credit-data provider Octus for $3.535 billion in cash. The deal still needs regulatory approvals. Read more →
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