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Anthropic prospectus reports $42B loss and plans $518B in spending

Anthropic reported a $42B net loss for 2025 in an IPO prospectus and plans to spend $518B on cloud, computing and infrastructure obligations in the coming year, Reuters reports. The figures put the scale of its planned computing outlays alongside a substantial recent loss. The $518B figure describes planned spending, rather than spending already completed.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure

Samsung commits $1 billion to KKR-backed AI infrastructure company Helix

Samsung has committed $1 billion to Helix Digital Infrastructure through a long-duration capital fund, Helix and KKR announced. The commitment adds to more than $10 billion previously committed to the Helix strategy by founding i...

AI Capital
AI Capital

Instinct confirms $1 billion Series C at $10 billion valuation

AI assistant startup Instinct confirmed a $1 billion Series C backed by investors including Sequoia Capital, Benchmark Capital and Coatue. The round values the company at $10 billion, up from the $2.5 billion valuation it announce...

Infrastructure Products
Infrastructure Products

Starship reaches orbit and deploys 26 Starlink satellites

SpaceX's Starship reached Earth orbit for the first time on Monday and deployed 26 new Starlink satellites. The flight continued after the upper stage lost one of its six engines shortly after separation. SpaceX later decided to b...