- Anthropic made $16.8 billion last quarter and turned a profit ahead of its IPO Anthropic told investors Q3 revenue rose about 45% to $16.8B with an adjusted profit, earning $1.70 per $1 of compute. An IPO could come next month.
- Character.AI files for bankruptcy, and Disney bids $20 million for a license Character.AI filed for Chapter 11 five years after launch. Disney offered $20M for a perpetual license to some of its technology.