Goldman Sachs' Tony Pasquariello told clients that hedge funds dumped tech stocks at their fastest pace in two years during last Thursday's rout, when the Nasdaq 100 fell 2.9%. He still expects the bull market to continue, though with less force, as Microsoft, Alphabet and Amazon report this week.
The Dutch cabinet plans to eliminate 25,000 full-time public sector jobs by 2035. The cuts are part of a push to make government more efficient with AI.
Anthropic's S-1 runs to more than 300 pages, covering executive pay, how it plans to spend the money raised and the risks that could derail it. The Verge picks out five of the strangest details.
Gary Smith, who has led optical networking firm Ciena since May 2001 and steered it through the telecom crash, told The Wall Street Journal that today's AI build-out is a different kind of cycle.
According to Anthropic's S-1, more than half of customers spending over $100,000 now use both the Claude Platform and one of its own apps. TechCrunch likens this cross-selling approach to Amazon's and says it makes enterprise clients harder to lose.
Among the risk factors in its S-1, Anthropic warns that its stance on AI safety could make it a political target. The filing does not name President Donald Trump.