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Anthropic files for IPO expected in November

Reuters reports Anthropic has filed a preliminary prospectus with the SEC for an IPO expected in mid-November. The filing describes AI evolving from assistive tools into autonomous systems that run projects for days or weeks, spawning 'virtual colleagues' with access to corporate files, software and databases. Claude Code writes, updates, tests and debugs code automatically, Claude Cowork extends this to administrative work, and the company envisions running millions of agents in parallel.

صوت الإمارات ·

Reddit User Predicts GPU Price Crash Next Year

A Reddit user predicts a sharp GPU price drop next year, citing a single GB300 rack serving all of OpenRouter's traffic, half of data center buildouts cancelled or stalled, neoclouds struggling to finance debt, AI adoption lagging expectations, and smaller models handling most requests. This is personal speculation, not industry data.

r/LocalLLaMA ·

ASMPT Revenue Jumps 49% on AI Demand

ASMPT posted its fastest revenue growth of the year, up 49% to HK$5.25 billion ($669 million), driven by AI hardware demand. Its semiconductor division slightly missed estimates, and Q4 revenue is guided at $670-730 million.

Bloomberg ·

Anthropic expands GSA deal with 40% Claude discount for agencies

Anthropic expanded its GSA partnership to give government agencies a 40% discount on Claude Enterprise, Claude for Government and the Claude API, covering direct and cloud purchases. About 500 US government organizations use Claude, federal civilian usage grew roughly 20-fold in a year, and the deal is estimated to save the government $1 billion.

Hacker News ·

Bank of America warns customers not to share banking credentials with AI assistants

Bank of America emailed customers urging them never to share banking usernames or passwords with outside services, including AI tools or agents acting on their behalf. It said customers are responsible for activity resulting from such access; leaked credentials risk unauthorized transactions, account lockouts, and exposure through AI security flaws. Banks are still working out how AI agents fit into payments.

TechCrunch ·
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