AI & Technology

Anthropic's confidential IPO prospectus shows at least $518 billion of planned cloud, compute and infrastructure obligations over roughly a decade, with about 80% non-cancelable or payable regardless of usage.

AMD entered a definitive all-stock agreement to acquire Fei-Fei Li's World Labs for approximately $8.2 billion, adding frontier spatial-intelligence research directly to the chipmaker.

OpenAI confirmed it abandoned the planned October release of GPT-6.1 Astra after internal testing found the model failed safety and alignment standards, including authorization-scope and action-reporting concerns.

Anthropic's IPO prospectus, reviewed by Reuters, discloses a $42 billion 2025 net loss, $8.06 billion operating loss and plans for $518 billion of cloud, compute and infrastructure obligations as the AI company prepares for a potential valuation above $2 trillion.

SpaceX's Starship reached Earth orbit for the first time on its 14th integrated flight and deployed 26 operational Starlink V3 satellites, crossing a major technical threshold despite an engine problem that shortened the mission.

A federal appeals court upheld the Pentagon's designation of Anthropic as a national-security supply-chain risk after the company refused to permit its AI products to be used for autonomous weapons or mass surveillance.

Anthropic signed a seven-year $11.6 billion cloud-services commitment with Akamai, with potential expansion by another $9 billion. Akamai granted Anthropic warrants that could convert into up to about 5% of Akamai common stock and expects roughly $5.5 billion of capital expenditure tied to the initial commitment.

Oracle issued a force majeure notice to the developer of Project Jupiter, a 2.45-gigawatt New Mexico Stargate data center campus, citing potential delays in securing power. Oracle says the project remains on schedule and Blue Owl says financial commitments are unchanged, but the notice provides concrete evidence that power and permitting constraints are reaching contractual risk in the AI infrastructure buildout.