Meta has announced a two-part fundraising worth $95bn to pay for its AI spending, much of which goes into data centres. The move comes as Elon Musk warned that money for smaller AI players is drying up.
Anthropic has filed its S-1 prospectus with the SEC and plans to list on Nasdaq under the ticker ANT, positioning itself to go public ahead of OpenAI. The filing follows an earlier confidential submission and sets out sweeping ambitions for its AI.
After a strong quarter for new phone customers, Verizon raised its 2026 forecasts and signed a deal worth more than $2bn with Amazon Web Services for AI workloads. Verizon will supply high-capacity network links and help add distributed computing capacity across many sites.
Goldman Sachs is investing $500M in the next phase of its 10,000 Small Businesses programme, including a new AI institute built with Anthropic, Google, Meta and OpenAI. At the launch, chief executive David Solomon said very little actually requires the frontier models those partners build.
Having lost its lead in electric cars, Tesla is turning to autonomous driving. The company hopes subscriptions to its autonomy features will bring the margins that vehicle sales no longer deliver.
Anthropic's IPO filing puts Claude Code at the heart of its enterprise growth story. According to the document, the coding tool's biggest business customers spend twenty times more than other Claude users.