The Next Web (1 hour ago)
Anthropic generated nearly $17bn in revenue in the third quarter, around 12 times more than in the same period last year, according to an amended IPO prospectus filed with the SEC on Monday. Bloomberg reported the figures.
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Meta is sounding out investors for a bond sale worth at least $20bn, Bloomberg reported on Monday, citing a person familiar with the matter. It would be the company’s first bond sale in euros. The plan under discussion splits the deal into US dollar bonds in five parts and euro notes in six parts.
Ford’s new privacy pledge arrives as automakers face growing scrutiny over how they collect and share drivers’ data.
New York startup Clark raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that work through audits for CPA firms. More than 35 firms use its tools, it says, and it offers a 100% accuracy guarantee.
Two startups tackling the data center water problem are joining forces in a $16 million deal.
Space infrastructure company Northwood Space on Monday said it had raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the company at $2 billion.
British-German defence startup Hypersonica has raised €100m in a Series B round to accelerate development of its hypersonic missile system. The weapons travel at more than five times the speed of sound, making them difficult to intercept.
Germany and Europe must move faster to build their own AI technology or risk becoming dependent on outside providers, German Chancellor Friedrich Merz said on Monday, according to Reuters.
The New York Times sued Brave Software on Monday, accusing the browser maker of scraping its journalism and selling access to it to AI companies. Hours later, the publishers of the New York Daily News, the Chicago Tribune and the Orlando Sentinel filed a separate lawsuit making similar allegations.
Meta has asked Citigroup and Morgan Stanley to hold investor calls for a bond sale in US dollars and euros, Bloomberg reports. It comes days after S&P cut Meta’s credit outlook and a week after a $35B share sale.
A shortage of electronic components is disrupting Fiat production in Italy, with the problems potentially continuing through December, Stellantis said on Monday, Reuters reported. The missing component is used in an engine control unit, the computer that manages a car’s engine.
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