PreStocks Intern

ANTHROPIC Q3 2026 FINANCIAL HIGHLIGHTS: - Revenue: $17.0B, +1,127% YoY & 47% QoQ - Oper Loss: $567M (vs. $974M profit in Q2) - Net Loss: $23.3B, vs. $12.1B YoY - Adj. Oper Income: $2.5B - Adj. Oper Margin: 15%, down from 19% in Q2 - 9M Revenue: $33.2B Anthropic attributed its return to an operating loss partly to $5B in higher-cost short-term compute and a $2B noncash donation-matching charge. Its nine-month net loss reached $104B, largely reflecting $94.3B in noncash charges from the rising value of its convertible notes. Anthropic also disclosed approximately $895.4B in aggregate purchase and lease commitments as of and after Sept. 30, largely tied to AI compute infrastructure.

Our engineers recently visited one of our speech restoration study participants for a 72-hour hackathon. The goal: rapidly prototype as many features as possible to enhance the experience of using Neuralink to communicate with thought. Here are some of the things we built 🧵

BlueChip. Built in America. America made the first electronic computer to win a war. Now we depend on our greatest adversaries to build the computers that run our economy and defend our nation. Today, we bring it home.

ANTHROPIC JUST PUBLISHED ITS S-1 FOR A U.S. IPO Here's everything you need to know: The Listing: • Nasdaq Global Select Market, ticker $ANT • Leads: Goldman Sachs, Morgan Stanley, J.P. Morgan • Price range and share count: not disclosed yet The Growth: • H1'26 revenue: $16.3B vs. $1.16B in H1'25 • 2025 revenue: $4.59B vs. $386M in 2024 • $100K+ customers: 11,900+ vs. 950+ a year ago • $1M+ customers: 1,900+ • $10M+ customers: ~250 • Consumption-based: $13.1B, 80% of H1 revenue • Subscriptions: $3.2B, 20% of H1 revenue The Losses: • H1'26 operating loss: $693M vs. $2.14B • H1'26 net loss: $80.7B • $72.4B fair-value charge on convertible notes • That charge tracks its rising valuation • 2025 included a $1.5B Bartz copyright settlement The Compute Bill: • H1'26 compute & infrastructure: $8.9B • Google: at least $114.5B through July 2033 • Amazon: at least $110.0B through April 2036 • Microsoft: at least $44.9B through May 2033 • ~$265.6B in total minimum commitments • Owed regardless of actual usage The Cash: • $131.7B in cash & short-term investments • Up to $77B more in note facilities: - Google: $20B - Amazon: $15B - Broadcom: $42B Who Controls It: • Public benefit corporation • Class F (Founder LLC): 50.1% of the vote • Members: Dario & Daniela Amodei + 5 co-founders • Long-Term Benefit Trust picks board majority • Class A: 1 vote per share • Class N (strategic partners): no vote • Ownership caps: Amazon 12%, Google 14.99% • 5% of shares to Anthropic Public Benefit Fund The Risks They Flagged: • Warns advanced AI could pose "catastrophic or existential risks to humanity" • Training-data copyright suits could hurt it The Team: • ~5,300 employees as of Sept. 30 Use of proceeds: compute, hiring, general purposes

JUST IN: Anthropic to release S-1 IPO filing at 9 AM EST

Anthropic token price hits record low, rapidly catching down to openAI

We’re opening a research preview of Claude Duet, a new app where Claude works as a proactive agent. It comes to you with what needs your attention, completes tasks you ask of it, keeps working when you step away, and checks with you before it acts on your behalf.

JUST IN: Anthropic's draft IPO filing, per WSJ • Revenue $16.3B in the first half of 2026 • Net loss $80.7B, driven largely by accounting charges • Compute spending nearly $9B in the first half • Cloud commitments about $450B over the next 7 to 10 years • Up to $86B on renting Nvidia chips

Crazy how quickly things have changed. Few months ago, I was 100% team Codex. I genuinely thought nothing could compete with it. Then Opus 5.5 dropped!! Now even Astra Max/Ultra doesn't feel as good to me. I've got Codex accounts sitting unused while I'm burning through my Claude usage. And it's not even about usage anymore. Opus just understands what I want and gets the work done better. I genuinely hope OpenAI releases something that can compete, because I want Codex to be great again. Anyone else gone from loving Codex to barely touching it??? :/

*OPENAI EYES ACQUISITION OF CRYPTO SECURITY COMPANY TRAIL OF BITS: THE INFORMATION