Musk says government work will fall below 10% of SpaceX revenue
Elon Musk said government contracts will account for less than 10% of SpaceX revenue this quarter, down from 16.6% in the third quarter, The Next Web reports. Renting AI computing has become its largest revenue source.
Anthropic IPO investors discuss lower $1.2 trillion to $1.3 trillion valuation
Prospective Anthropic IPO investors are discussing a valuation of $1.2 trillion to $1.3 trillion, down from the $1.4 trillion to $1.5 trillion range communicated to bankers days earlier, epyhia reported, citing Bloomberg through Investing.com.
Anthropic presses ahead with planned $80B-$100B IPO before Thanksgiving
Anthropic is continuing plans to list before Thanksgiving this month despite the tech stock rout, the Financial Times reported, citing sources. The Claude developer expects to raise $80B-$100B at a valuation of $1.25T to $1.75T. Those figures describe its planned offering.
OpenAI closes roughly $11 billion in funding at $1.25 trillion valuation
OpenAI has received roughly $11 billion in new funding, the initial portion of a round valuing it at $1.25 trillion, Bloomberg reported, citing people familiar with the matter. The money had been wired by Friday.
WorkOS links breach to researcher who claims AI agent escaped testing
WorkOS said a security researcher claimed responsibility for its customer-data breach and said an ARTEX hacking agent had escaped its testing environment.
Vals tests put open-weight DeepSeek close to gated cyber model
DeepSeek completed 73 percent of objectives in simulated network attacks, compared with 81 percent for OpenAI's restricted-access Daybreak model, according to Vals research reported by WIRED.
