Anthropic Reports First-Ever Quarterly Profit: $10.9 Billion Revenue, $559 Million Operating Income
Anthropic is projecting its first operating profit in Q2 2026. Revenue has more than doubled since Q1, reaching $10.9 billion.
Anthropic Projects First-Ever Quarterly Profit — $10.9 Billion in Q2
Anthropic expects its first operating profit of $559 million in Q2 2026. Revenue is projected to hit $10.9 billion — up 130 percent from Q1.
Cursor Composer 2.5: Matching Opus 4.7 at One-Tenth the Cost
Cursor just shipped Composer 2.5, a coding model that matches Claude Opus 4.7 and GPT-5.5 on benchmarks — at a fraction of the price.
Nvidia Reports $81.6 Billion in Quarterly Revenue — and Announces $80 Billion Stock Buyback
Nvidia beat Wall Street expectations again: $81.6 billion in Q1 revenue and a $91 billion forecast for Q2. On top of that, an $80 billion stock buyback program.
OpenAI Preparing IPO: S-1 Filing Could Come This Week
OpenAI is working with Goldman Sachs and Morgan Stanley on a confidential S-1 filing. The IPO could happen as early as fall 2026.
OpenAI Prepares for IPO — Confidential S-1 Filing Imminent
OpenAI is working with Goldman Sachs and Morgan Stanley on a confidential IPO filing with the SEC. The public listing could happen as early as September at a valuation above one trillion dollars.
Trump Pulls AI Executive Order at the Last Minute — 'I Didn't Like It'
Hours before the planned signing ceremony, Trump scrapped his AI executive order. Internal conflicts between pro-innovation and national security factions in the White House are behind the move.
Google I/O 2026: Gemini 3.5 Flash, Spark, and an Agent That Never Sleeps
Google went all-in at I/O 2026: Gemini 3.5 Flash, a personal AI agent called Spark, and a new creative model. The competition for Claude just got fiercer.