Kalshi traders put 70% odds on an Anthropic listing before year-end, which would be the first public pure-play frontier AI lab. Anthropic says AI could push US GDP to $44 trillion by 2030. The feed also covers other markets: the KBW Bank Index has fallen six straight weeks, down 11%, its longest such streak since 2008; the US FY2026 deficit reached $1.99T, with net interest at $1.36T; and Amazon has deployed over 1 million robots while employing 1.5 million humans. Nvidia CEO Jensen Huang says classical computing is about a third of its business and growing 30 to 40% a year, and critics say an Anthropic-written AI safety bill, with a 10²⁵ FLOPs threshold, could sweep in smaller startups.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on 247wallst.com ↗
Keywords
IPOAnthropicartificial intelligence
Open a keyword to see other news on the same topic.
Related news
- Can Anthropic's Shadow Board Cripple Its IPO?
Anthropic's IPO documents show the Long-Term Benefit Trust (LTBT), which holds only 5% of shares, can appoint most of the board, including four members, and can block some corporate actions. It also has a say in debt issuance and in selling more than half the company. Its mandate is to steer AI for humanity's long-term benefit, and it has appointed former Federal Reserve Chair Ben Bernanke and Neil Buddy Shah, CEO of the Clinton Health Access Initiative. The article asks what happens if the trust views a management decision as not serving long-term benefit, while Anthropic competes with Chinese AI advances and OpenAI. IPO investors may see this as a risk to Anthropic's ability to innovate, and the federal government has so far stayed out of this governance.
- Anthropic Reportedly Posted Quarterly Revenue Growth of 50% and Was Cash-Flow Positive. Here's Why It Might Not Be Enough to Impress Investors Before the Company's Massive IPO
Anthropic reportedly told investors at a private day that its revenue reached $16.8 billion for the three months ended Sept. 30, up 50% quarter over quarter, and that it was cash-flow positive and adjusted-profitable. That growth is slower than the 140% gain seen between the first and second quarters, and Jefferies had reportedly expected an annual revenue run rate of at least $80 billion. The company has delayed its IPO registration statement twice amid AI safety concerns and very heavy infrastructure spending. A Saxo Markets strategist says a valuation above $2 trillion would be about 30 times annualized Q3 revenue, making valuation the main debate. The article argues investors are now asking tougher questions about funding, cost of capital and returns, so these results may not impress them much.
- Anthropic IPO: Musk Wants AI Firm To Hand Shares Directly To Public, Says 'This Is What I Will Be Doing'
Elon Musk suggested Anthropic should distribute its shares directly to the public, responding to the company's plan to commit 5% of its equity to a new Public Benefit Fund, which could rise by 2% for every 50% increase in valuation above a baseline. Co-founders pledged to donate 80% of their equity, and Anthropic committed $200 million to address AI-driven labor disruption. Critics including David Sacks and investor Vijar Kohli questioned whether the LLC structure serves the public good or could dilute voting rights and complicate the IPO. Anthropic, which confidentially filed for a U.S. listing in June, reported third-quarter revenue of $16.8 billion, up 45% from the previous quarter, but some investors are discussing a valuation near $1.5 trillion, below earlier expectations of $2 trillion.
- Stocks bounce back, Anthropic's "Public Benefits", and Musk's promise to American kids
The 8:30 show, hosted by Julie Hyman, Pras Subramanian and Jake Conley, discusses the stock market's rebound. Other topics include Anthropic's (ANTH.PVT) commitment to a “Public Benefit” fund, Elon Musk's promise to American children about SpaceX (SPCX) stock ahead of earnings, and doubts over an IPO after Microsoft (MSFT) withdrew.
- Hyperliquid CEO Jeff Yan Says Perpetual Futures Markets Can Democratize Access to Pre-IPO Companies. Here's Why He's Right.
At Token2049 in Singapore, Hyperliquid CEO Jeff Yan argued that most gains from private firms before their IPOs go to a privileged few, and that his exchange's pre-IPO perpetual futures offer earlier exposure. Perps never expire and only track price, conferring no share ownership, earnings rights or voting power. Anthropic's valuation rose from $586.56 million in May 2021 to $965 billion in May 2026, with most gains going to funds and institutions. Yet its perp implied about $2 trillion on October 15, double its latest funding round, while a Space Exploration Technologies perp traded at $180–$200 after launch and slid to $160–$170, versus a $135 June IPO price. The author advises against buying pre-IPO perps, since they carry no claim on the company and Anthropic's financials are not yet public.
- Microsoft pulls out of UK data centre deal with Nscale, Telegraph reports
According to the Telegraph, Microsoft has withdrawn from a planned agreement to be the anchor tenant of Nscale's proposed data centre in Loughton, Essex, though no specific reason was established. The project has faced delays and power supply problems, with authorities reportedly suggesting a grid connection might not come until the 2030s. Nscale's flagship data centre in Norway is also about six months behind schedule, with only 6.4 megawatts of its planned 30-megawatt capacity operational. The setback comes ahead of a possible IPO that could raise as much as $3 billion as early as October, while Microsoft and Anthropic account for about 85% of Nscale's contracts. Nscale says it remains committed to Loughton and that its relationship with Microsoft is strong, while Microsoft has not commented publicly.
Related markets
Latest news
- Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
Saudi Arabia has postponed its major annual investor conference until 2027 as Iran-backed Houthi militants escalate missile and drone attacks on the kingdom. The Future Investment Initiative had been scheduled for Riyadh from October 26 to 29. The decision follows a Houthi attack on King Khalid International Airport in Riyadh on October 10, which left at least 12 people dead and more than 300 injured. Organizers said in an email that new dates will be announced soon.
- Russia fires mysterious weapon at Kyiv, shockwaves spread; President Putin appears in rare image, drawing global attention
On the night of 18 Oct, Russia launched a coordinated strike on multiple Ukrainian targets using ballistic missiles, cruise missiles and Geran UAVs, focused on Kyiv. According to TST, around 10 ballistic missiles of the Iskander-M, S-400 or KN-23 types may have been used in the first wave; an above-ground metro station on Kyiv's left bank was reported damaged, disrupting rail and metro services, and videos of blue flashes led observers to suspect a new weapon. In western Ukraine, a 330 kV transformer station near Kovel may have been targeted. Meanwhile, Putin, who rarely appears in military uniform, visited a command post and stressed establishing a “security zone” along the border; blogger Yuri Podolyaka argued Moscow no longer treats these areas as bargaining chips. Front-line correspondent Alexander Kots said the part of Donetsk still controlled by Ukraine is just over 2,700 km².
- Semiconductor Sell-Off: 5 Stocks to Buy on the Dip
The article attributes the semiconductor selloff to investor doubts about the durability of AI infrastructure spending, even as cloud companies report strong demand for AI chips. It highlights five stocks: Nvidia (forward P/E just above 13.5 on fiscal 2028 estimates), Broadcom (custom AI chips, with that revenue expected to quadruple to $230 billion over two years; forward P/E of 11), AMD (riding inference and agentic AI demand), Cerebras Systems (high risk-reward; the company claims 30 times the inference speed of GPUs) and TSMC (forward P/E of 18 on 2027 estimates).
- Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line
Bitmine bought another 12,535 ETH (about $30 million), lifting its holdings to 6,041,481 ETH, or 4.9% of supply and 99% of its 5% target. Chairman Tom Lee blamed the crypto selloff on a broad risk-off shift, including AI funding and safety worries, U.S.-Iran tensions, midterm jitters and rising bond yields, and called the dip a historically attractive risk-reward entry. Total holdings reached $15.1 billion as of Oct. 18, including 215 Bitcoin, $582 million in cash and marketable securities, and other investments. About 84% of its ETH (5,067,309 tokens) is staked via its MAVAN platform, with projected annualized revenue of roughly $309 million. The position is currently underwater on paper because much of it was bought at higher prices.
- Opinion: The Most Important Number in Taiwan Semiconductor's Earnings Report Was 68%
The author argues the most important figure in TSMC's Q3 report is 68%, the share of revenue from high-performance computing (HPC), which grew 22% from the prior quarter. Revenue reached $46.72 billion, up 41.2% year over year, net income rose 68.7%, and gross margin hit 66.4%. Processes at 7nm and below made up 79% of wafer revenue, with 3nm at 33% and 2nm at 8%. TSMC guided Q4 revenue to $52.3–54.3 billion and expects roughly 44% full-year growth in U.S. dollars. The author remains bullish, saying ongoing demand for advanced AI chips should keep profits rising.
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.