Anthropic’s revenue continues not just to grow at an historic pace but to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Monday, up from $47 billion in May and just
Before launching The Savvy Couple in 2016, Kelan Kline had reached a breaking point. He and his wife, Brittany, had recently married, bought a starter home, and begun paying down roughly $40,000 in student loans. Brittany was an elementary school teacher, while Kelan worked as a jail deputy. The couple, who grew up in Rochester,
Welcome to Eye on AI. Emily Forlini here, filling in for Jeremy one last time as his vacation comes to a close. In today’s issue: Juicy details OpenAI doesn’t want you to see in its new report Anthropic reportedly plans a $2 trillion IPO in October—the largest ever OpenAI replaces its chief revenue officer after
Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to surging demand for its AI infrastructure services. “Our near-term capacity remains effectively sold out,” CEO Michael Intrator said on a call with analysts on Tuesday. Coreweave said its revenue backlog—deals that it has not billed
European media conglomerate RTL Group on Tuesday posted first-half figures showing strong growth in streaming, with revenue up 3.9% to €2.9 billion ($ 3.3 billion), while revenues from its linear TV side and its Fremantle content business were down. The acquisition of pay-TV operation Sky Deutschland from Comcast in June has also increased the group’s revenue base.
X, the social media platform now owned by Elon Musk’s SpaceX, is shaking up how it pays influencers and creators. In announcing the change, the company said it will be winding down its existing Revenue Sharing program and replacing it with something called Original Content Rewards. X will stop accepting new Revenue Sharing participants, while