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Anthropic, the artificial intelligence startup founded by former OpenAI researchers, is on the cusp of a historic financial milestone: its first profitable quarter. The company has privately informed investors that it expects to generate $10.9bn in revenue for the second quarter of 2026—more than …
Anthropic’s decision to commit $1.25bn a month to xAI’s Colossus 1 data-centre is less a rational procurement choice than a declaration of existential urgency. The figure—reported via SpaceX’s regulatory filings and corroborated by Dealroom—translates to roughly $45bn over the life of the contract, which …
Clouted is a Silicon Valley-based startup founded in 2023 to automate the opaque process of turning ordinary videos into viral short-form content. At its core, Clouted deploys machine-learning models to generate, test, and iterate on hundreds of 30–90 second clips from a single source …
A tale of two fintechs: why travel payments are the next frontier
The global electric-vehicle market is bifurcating along a K-shaped trajectory—with the left leg plunging downward in America while most of the world accelerates upward. In 2025, EV registrations in China rose by 31% year-on-year, propelled by state-backed price cuts and a 20% expansion in …
IBM secures $1 billion, GlobalFoundries receives $375 million, and D-Wave, Rigetti and IonQ join a widening federal commitment to quantum supremacy — sending the entire sector sharply higher$IBM $GFS $IONQ $QBTS $RGTIKey Highlights$2bn federal quantum package announced— Trump Administration takesEquitystakes in return, per WSJIBM …
US weekly jobless claims dropped to 209,000 for the week ending May 16, beating forecasts and signalling labour market stability despite war-linkedInflationand high-profile tech layoffs.Key HighlightsSeasonally adjusted initial claims fell 3,000 to 209,000 for the week ending May 16, below economist forecasts of 210,000.The …
Industrial metals are telling sharply different stories in 2026. Tin has surged 64% over the past twelve months while steel barely moved. Copper holds near cycle highs, aluminum absorbs a geopoliticalSupplyshock, and zinc tracks theCreditcycle in real time. Here is what the divergence meansKey …
S&P Global's May 2026 flash survey shows USManufacturing PMIat a four-year high, but surging input costs and weakeningDemandsignal fragile underlying growthKey HighlightsS&P Global's flash manufacturing PMI climbed to 55.3 in May, a four-year peak, beating economist forecasts of 53.8.Input priceindexjumped to 79.5, the highest …
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