Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation , Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock. "This gives us the option to go public after the SEC completes its review. The proposed i...
Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation , Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock. "This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors," the maker of the Claude chatbot wrote in a press release. The move puts Anthropic and OpenAI in a race to become the first major frontier AI lab to tap public markets, as investor appetite for AI infrastructure and all things SpaceX remains hot into early June. It's "worth noting: filing first ≠ pricing first a confidential draft S-1 starts the SEC clock but sets no date," CNBC reporter Deirdre Bosa pointed out on X. worth noting: filing first ≠ pricing first a confidential draft S-1 starts the SEC clock but sets no date https://t.co/EY8X4Q4y8N — Deirdre Bosa (@dee_bosa) June 1, 2026 The Polymarket bet " Will Anthropic or OpenAI IPO first? " shows that the confidential S-1 filing was a surprise to prediction markets. Anthropic's confidential S-1 filing was a surprise to prediction markets https://t.co/08PxrLSOXG pic.twitter.com/TivykIBSZb — zerohedge (@zerohedge) June 1, 2026 The surprise news comes four days after Anthropic raised $65 billion at a $900 billion valuation , nearly tripling its prior valuation and potentially surpassing OpenAI as the most valuable frontier AI lab. That round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia, with additional participation from major investors including Baillie Gifford, Blackstone, Brookfield, Abu Dhabi’s MGX, and Singapore’s Temasek. The funding comes shortly after Anthropic released Claude Opus 4.8 and follows a prior $30 billion raise at a $350 billion valuation just three months earlier. The Anthropic-OpenAI race to IPO comes as SpaceX...
sitox Fluence Energy ( FLNC ) up 39.4% in Monday's trading to its highest in nearly four months after the company unveiled a collaboration with Siemens ( SIEGY ) and Nvidia ( NVDA ) to develop a design for artificial intelligence data centers. Siemens ( SIEGY ) said it will partner with Fluence ( FLNC ) to develop infrastructure built with Nvidia's ( NVDA ) Vera Rubin NVL72, a new rack-scale AI su...
sitox Fluence Energy ( FLNC ) up 39.4% in Monday's trading to its highest in nearly four months after the company unveiled a collaboration with Siemens ( SIEGY ) and Nvidia ( NVDA ) to develop a design for artificial intelligence data centers. Siemens ( SIEGY ) said it will partner with Fluence ( FLNC ) to develop infrastructure built with Nvidia's ( NVDA ) Vera Rubin NVL72, a new rack-scale AI supercomputer designed for use in data centers. The companies said the blueprint, which incorporates design work from nVent Electric ( NVT ) , would translate Nvidia's ( NVDA ) AI factory vision into deployable systems for data center providers; reference plans involve a 136 MW data center facility that would incorporate Fluence ( FLNC ) batteries. "Our Smartstack platform is central to this new architecture, transforming the grid into an accelerator for compute," Fluence ( FLNC ) Chief Growth Officer Jeff Monday said. "By providing essential capabilities like voltage and frequency ride-through, black start, grid demand response, and AI load smoothing, we are enabling our customers to build the AI factories of the future, faster and more reliably." The partnership would represent a potential new sales channel for Fluence ( FLNC ), Barclays analyst Christine Cho said in a note. More on Fluence Energy Fluence Energy: The Unpriced AI Power Moat Awaiting Liftoff Fluence: The Data Center Opportunity Looks Promising, But Other Risks Remain Fluence Energy Q2 2026 Earnings Call Presentation
About half of drivers will take action on Tuesday as RMT blames TfL’s ‘refusal to engage meaningfully’ The strike on the London Underground will go ahead on Tuesday after a day of talks failed to avert industrial action. About half of London’s tube drivers will go on strike, bringing widespread transport disruption to the capital. A second strike is planned for Thursday. Continue reading...
About half of drivers will take action on Tuesday as RMT blames TfL’s ‘refusal to engage meaningfully’ The strike on the London Underground will go ahead on Tuesday after a day of talks failed to avert industrial action. About half of London’s tube drivers will go on strike, bringing widespread transport disruption to the capital. A second strike is planned for Thursday. Continue reading...
Fuse Img/E+ via Getty Images Introduction Microsoft Corporation ( MSFT ) has the not so desirable distinction of being the worst performing Magnificent-7 stock year to date. The underperformance has, as I see it, been a simple function of Microsoft's exposure to software. The firm has its roots, as most will know, in the enterprise software business. A series of AI model and tool releases this yea...
Fuse Img/E+ via Getty Images Introduction Microsoft Corporation ( MSFT ) has the not so desirable distinction of being the worst performing Magnificent-7 stock year to date. The underperformance has, as I see it, been a simple function of Microsoft's exposure to software. The firm has its roots, as most will know, in the enterprise software business. A series of AI model and tool releases this year such as Claude Cowork and Mythos has spooked software investors, leading to a broad sell off in the space. Microsoft did not sell off as heavily as some of the smaller software names, a testament to the diversity of Microsoft's business and the fortress balance sheet . Koyfin In a positive development for investor timing, the stock has shown some very constructive price action in recent weeks which suggests peak fear is behind us. I believe once the AI disruption fears die down there will be a healthy cohort of investors on the sidelines attracted to the stock trading at the best valuation in a decade. The recent price action suggests to me the first trickle of this cohort have started to pick up shares. The most visible buyer has been Bill Ackman the well known active investor. Ackman's firm picked up over a $2bn stake in Microsoft in Q1 this year, taking advantage of the temporary dislocation to get his hands on shares at an undemanding valuation. In this article I will discuss what is behind the AI SaaS disruption fears and I will lay out the case why I believe Microsoft can weather that storm. It is often the case in markets that the very best buying opportunities come when it feels a bit difficult or uncertain. Microsoft feels like that right now, there are plenty of what ifs. How will Microsoft adapt and fight off competition in its core business. I believe the mixture of a diverse business, outstanding operation history, compelling valuation and proven management team makes Microsoft a worthy buy for investors today. SaaSpocalypse 2026 has been a pretty rough year ...
Fuse Img/E+ via Getty Images Introduction Microsoft Corporation ( MSFT ) has the not so desirable distinction of being the worst performing Magnificent-7 stock year to date. The underperformance has, as I see it, been a simple function of Microsoft's exposure to software. The firm has its roots, as most will know, in the enterprise software business. A series of AI model and tool releases this yea...
Fuse Img/E+ via Getty Images Introduction Microsoft Corporation ( MSFT ) has the not so desirable distinction of being the worst performing Magnificent-7 stock year to date. The underperformance has, as I see it, been a simple function of Microsoft's exposure to software. The firm has its roots, as most will know, in the enterprise software business. A series of AI model and tool releases this year such as Claude Cowork and Mythos has spooked software investors, leading to a broad sell off in the space. Microsoft did not sell off as heavily as some of the smaller software names, a testament to the diversity of Microsoft's business and the fortress balance sheet . Koyfin In a positive development for investor timing, the stock has shown some very constructive price action in recent weeks which suggests peak fear is behind us. I believe once the AI disruption fears die down there will be a healthy cohort of investors on the sidelines attracted to the stock trading at the best valuation in a decade. The recent price action suggests to me the first trickle of this cohort have started to pick up shares. The most visible buyer has been Bill Ackman the well known active investor. Ackman's firm picked up over a $2bn stake in Microsoft in Q1 this year, taking advantage of the temporary dislocation to get his hands on shares at an undemanding valuation. In this article I will discuss what is behind the AI SaaS disruption fears and I will lay out the case why I believe Microsoft can weather that storm. It is often the case in markets that the very best buying opportunities come when it feels a bit difficult or uncertain. Microsoft feels like that right now, there are plenty of what ifs. How will Microsoft adapt and fight off competition in its core business. I believe the mixture of a diverse business, outstanding operation history, compelling valuation and proven management team makes Microsoft a worthy buy for investors today. SaaSpocalypse 2026 has been a pretty rough year ...
Sony is sharing new details about some of its upcoming gaming-focused hardware, including pricing and August launch dates for its FlexStrike fight stick and its 27-inch monitor. The FlexStrike fight stick will be available starting August 6th - the same day as the new PlayStation-published fighting game Marvel Tōkon: Fighting Souls - and will cost $199.99. Preorders begin on June 12th at 10AM ET. ...
Sony is sharing new details about some of its upcoming gaming-focused hardware, including pricing and August launch dates for its FlexStrike fight stick and its 27-inch monitor. The FlexStrike fight stick will be available starting August 6th - the same day as the new PlayStation-published fighting game Marvel Tōkon: Fighting Souls - and will cost $199.99. Preorders begin on June 12th at 10AM ET. Initially, the FlexStrike will work just on PS5, but Sony says that PC support will be rolled out sometime after launch. The stick will come with a sling carry case and a built-in rechargeable battery. Sony goes into more detail about the fight st … Read the full story at The Verge.
The box-office bonanza over the weekend of YouTube-generated horror films “Backrooms” and “Obsession” is being viewed as a possible sea-change moment for Tinseltown.
The box-office bonanza over the weekend of YouTube-generated horror films “Backrooms” and “Obsession” is being viewed as a possible sea-change moment for Tinseltown.
Financial stakes of AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen a meteoric rise this year. The company did not disclose th...
Financial stakes of AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen a meteoric rise this year. The company did not disclose the valuation it will target on the stock market, nor did it make public other terms of the offering. The startup announced on Thursday that it had raised $65bn in funding to value the company at $965bn post-money. Anthropic was valued at $380bn in February. Continue reading...
Citadel Securities is seeking to reshape roughly $4 billion of existing debt after reporting record trading revenue, joining a flock of companies looking to reduce borrowing costs or extend maturities of existing credit. Billionaire Ken Griffin ’s firm is marketing a $4.25 billion loan due in 2033 at an initial spread of 2 percentage points over the benchmark and offered at a discount price of 99....
Citadel Securities is seeking to reshape roughly $4 billion of existing debt after reporting record trading revenue, joining a flock of companies looking to reduce borrowing costs or extend maturities of existing credit. Billionaire Ken Griffin ’s firm is marketing a $4.25 billion loan due in 2033 at an initial spread of 2 percentage points over the benchmark and offered at a discount price of 99.5 to 99.75 cents on the dollar, according to a person with direct knowledge of the matter. Proceeds will be used to amend and extend an existing $3.95 billion loan due in 2031, seeking to upsize it by $300 million and push out the maturity by two years, the person added, asking not to be identified disclosing private details. Read More: Citadel Securities Reels In Record $4.3 Billion Trading Haul Companies have capitalized on strong investor demand for riskier debt to cut borrowing costs or extend maturities, fueling a wave of transactions in the corporate loan market. Citadel’s offering ranks among the largest of such deals so far this year. The deal comes just a few days after Citadel posted a record $4.3 billion of trading revenue in the first quarter, as it benefited from the volatility that’s spurred windfalls at market-making peers and Wall Street banks. Goldman Sachs Group Inc . is leading the debt sale. Investor commitments are due by June 4 at 5 p.m. New York time.
As Israel threatens to bomb Beirut and the US and Iran trade missile strikes, Donald Trump insists it will ‘all work out well in the end’ and urges his critics to ‘sit back and relax’. So are we any closer to a deal? Lucy Hough speaks to diplomatic editor Patrick Wintour – watch on YouTube Continue reading...
As Israel threatens to bomb Beirut and the US and Iran trade missile strikes, Donald Trump insists it will ‘all work out well in the end’ and urges his critics to ‘sit back and relax’. So are we any closer to a deal? Lucy Hough speaks to diplomatic editor Patrick Wintour – watch on YouTube Continue reading...
jetcityimage/iStock Editorial via Getty Images GE Aerospace ( GE ) said Monday it has qualified two high-voltage power electronics systems for use in U.S. military ground vehicles, clearing the products for production as the Army pursues more advanced vehicle power architectures. The company said its High-Voltage Power Controller and Unidirectional Converter have completed qualification testing an...
jetcityimage/iStock Editorial via Getty Images GE Aerospace ( GE ) said Monday it has qualified two high-voltage power electronics systems for use in U.S. military ground vehicles, clearing the products for production as the Army pursues more advanced vehicle power architectures. The company said its High-Voltage Power Controller and Unidirectional Converter have completed qualification testing and are expected to enter low-rate initial production in 2026, with deliveries to the U.S. Army anticipated beginning in 2027. The qualification marks a step in the Army's broader effort to modernize combat vehicle electrical systems. Military planners have increasingly sought higher-voltage architectures to support growing power demands from sensors, communications equipment, electronic warfare systems and future autonomous capabilities. For investors, electrification and power-management technologies have become a growing focus within the defense sector as military vehicles require greater onboard power generation and distribution. Defense contractors have been investing in advanced power electronics to improve vehicle efficiency while reducing weight and maintenance requirements. The HVPC and UDC were developed in collaboration with the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center, known as DEVCOM GVSC. According to GE Aerospace, the systems enable a transition from traditional 28-volt vehicle electrical systems to a 600-volt architecture. Higher-voltage systems can transmit more power with less energy loss, allowing more efficient battery charging and power conversion while reducing demands on vehicle motors. "The power, temperature and thermal capabilities of these units are unmatched in the industry," Kris Shepherd, president and general manager of Electrical Power Systems at GE Aerospace, said in a statement. Army officials described the qualification as an important milestone in the development of future vehicle power systems. "This ...