Revenue

ANT

Anthropic has officially filed its S-1 prospectus with the SEC for an IPO, planning to list on the Nasdaq under the ticker symbol 'ANT'. The filing reveals record revenue of $11.6 billion in the latest quarter and plans to raise billions, with an unusual governance structure to preserve founder control.

MSFT

Microsoft said it made $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ending September 30. The disclosure underscores the still-enormous financial dependency of the partnership.

GOOGL

Google expanded AI Search ads globally as core ad growth slows. The announcement came alongside parent company Alphabet's third-quarter earnings report, which saw revenue grow 25% year over year to $127.6 billion.