Anthropic reported a 45% increase in third-quarter revenue, reaching $16.8 billion, up from $11.6 billion in Q2 and $4.7 billion in Q1. The company, backed by Google and Amazon, is preparing for an IPO expected after the November midterm elections, aiming to prove its rapid revenue growth can offset high AI development costs. Anthropic focuses on AI safety and is a key player in generative AI with its Claude models, competing closely with OpenAI. Its future spending commitments on cloud and computing infrastructure underline its ambition to scale massively in the AI market.
Alphabet Inc, a major backer of Anthropic, holds a market cap of $4.30 trillion and shows a 1-day price decline of 2.55% as of Oct 15, 2026 06:41 WIB on Pluang. Amazon, another key supporter, has a market cap of $2.79 trillion and a 1-day drop of 2.93%. Despite Anthropic's rapid revenue growth, both GOOGL and AMZN stocks are experiencing selling pressure on Pluang, with 78% and 53% of orders respectively being sell orders at this time.
UBS raised Alphabet's price target to $380, reflecting confidence in its AI expansion and strong revenue performance. Alphabet is advancing its AI strategy by providing European researchers access to advanced AI models through Google DeepMind and Goo...
Marvell Technology is experiencing rapid growth driven by its AI custom silicon business, highlighted by a $120 billion deal with Google's parent company over six years. The company's fiscal 2027 revenue rose 36.55% to $2.739 billion, with data cente...
Leverage Shares by Themes is launching the MGOL ETF on October 14, 2026, offering investors access to six leading technology and AI companies: Meta, Anthropic, NVIDIA, Alphabet, OpenAI, and SpaceX, collectively called the MANGOS Companies. This activ...
Hyperscalers are significantly increasing capital expenditures (CapEx) due to AI buildout, with spending expected to reach around $1.2 trillion annually by 2028. This surge is impacting bond markets and reducing big tech stock buybacks. The Federal R...
Microsoft is intensifying its challenge to Nvidia by developing its own Maia AI processors to reduce reliance on external suppliers, with the Maia 300 launching next year promising 40% better energy efficiency. Google has released Gemini 4 Argon, a v...
