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The story so far · 7 days, October 19 to November 10, 2026
One Turn followed this story across 7 editions, from San Francisco, United States on October 19, 2026. Newest first.
Anthropic makes the Claude chatbot.
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Anthropic plans to offer 825 million shares at $70 to $78, with trading expected to start November 19. It could raise up to $64.4 billion at a valuation over $1 trillion. Retail offering opened in Australia.
Why it matters: It tests investor appetite for AI companies.
Sources: CNBC, CBC News, France 24 · See it on the globe
The AI firm reported $17 billion in third-quarter revenue. It plans a large public listing.
Why it matters: It signals how fast AI spending is growing.
Sources: The National · See it on the globe
Google's prototype satellite for space-based AI data centers has started working. It answered a prompt with a poem. Separately, Canada invested up to C$1.6 billion in Cohere.
Why it matters: Companies are exploring new ways to power AI as demand grows.
Sources: Yonhap (Korean), AFP via Wikipedia · See it on the globe
The 355-page filing said there may not be enough insurance to cover AI risks.
Why it matters: It shows how big AI risks are for investors.
Sources: CNBC, BBC Chinese · See it on the globe
Anthropic's 355-page prospectus shows a cash pile of $131.7 billion. Analysts say the listing could affect the AI trade.
Why it matters: A major AI listing could shift investment flows and test investor appetite for AI.
Sources: BBC Chinese, CNBC, CNBC · See it on the globe
Anthropic filed for a public listing, reporting H1 revenue of $16.3 billion. Net loss was $80.7 billion, largely accounting charges. It warned of catastrophic AI risks.
Why it matters: Could be the largest IPO ever.
Sources: The Hindu, BBC News, Al Jazeera · See it on the globe
Anthropic committed 5% of its shares to a public benefit fund that could address AI job disruption ahead of an expected IPO, and Elon Musk said he will give a SpaceX share to every US child next year without saying how.
Why it matters: Tech firms are testing ways to share AI wealth amid concerns about job losses.
Sources: BBC Business, CNBC, CNBC · See it on the globe