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Anthropic Says Q3 Revenue Jumped To $16.8 Billion And Turned "Adjusted" Profitable... But Run-Rate Math Shows Growth Hitting The Brakes

Anthropic Says Q3 Revenue Jumped To $16.8 Billion And Turned "Adjusted" Profitable... But Run-Rate Math Shows Growth Hitting The Brakes We got the number. As we previewed this morning, the entire AI complex (if not the entire market) spent Wednesday waiting with bated breath for one data point out of Anthropic's closed-door pre-IPO investor day in San Francisco. Shortly after the close, the FT delivered: Anthropic told investors its third-quarter revenue had jumped to $16.8 billion, "almost 50 per cent" above the $11.5 billion recorded in the second quarter, and that...
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Jul 18, 2026 / Tyler Durden
Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes
Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes This week has brought new US attacks on Iranian infrastructure and logistics, including fresh overnight attacks on some half a dozen bridges, and even reports of strikes on rail hubs and airports. The New York Times observes Friday that "Bridges, rail lines, power and water facilities, and other targets in Iran, Kuwait and elsewhere in the Middle East were attacked in airstrikes on Friday as the United States and Iran escalated their weeklong crisis over...
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Apr 24, 2026 / Tyler Durden
Europe's Rooftop Solar Orders Triple As Gas Prices Surge
Europe's Rooftop Solar Orders Triple As Gas Prices Surge Submitted by Tsvetana Paraskova of OilPrice.com Rooftop solar installations in Europe have surged since the Middle East war triggered a new oil and gas supply crisis and hiked power prices. Demand from households and businesses willing to install rooftop solar systems soared in March and continues to rise at even higher rates in April as consumers look to insulate themselves from spiking gas and electricity prices, equipment wholesalers and renewable utilities in Northwest Europe have told Reuters. Rooftop solar demand in Germany, the Netherlands,...
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Apr 10, 2026 / Tyler Durden
Musk's xAI Sues Colorado Over AI Law, Saying It Forces Developers To Back State's Views
Musk's xAI Sues Colorado Over AI Law, Saying It Forces Developers To Back State's Views Authored by Tom Gantert via The Epoch Times (emphasis ours), Elon Musk's artificial intelligence company, xAI, filed a lawsuit on April 9 over a Colorado law it claims makes AI developers endorse “Colorado’s views on diversity, equity, and inclusion or face significant compliance costs and civil fines.” The chatbot Grok is the flagship product of xAI. Oleksii Pydsosonnii/The Epoch Times The company, whose flagship product is the chatbot Grok, named Colorado Attorney General Philip Weiser as the defendant. The...
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