Anthropic Plans IPO Raising Up to $64.4 Billion

Key Takeaways

• Anthropic plans an IPO of 825 million ANT shares at $70–$78, targeting up to $64.4 billion and a valuation near $1.4 trillion; reports say bankers are considering a valuation of $1.5 trillion or more.
• Google, Nvidia, AMD, Microsoft and other technology companies plan to buy $26 billion in separate non-voting Anthropic shares; founders would retain just over half of shareholder votes after listing.
• Anthropic reported $17 billion in third-quarter revenue and an annualized run rate of about $81 billion as of October 31, while warning of AI, compute-cost and regulatory risks.
• CoreWeave forecast $13 billion–$13.3 billion in full-year revenue after third-quarter sales rose 168% to $3.66 billion; it carries about $50 billion in debt and plans $37 billion–$39 billion in capital spending.
• OpenAI reported $10 billion in third-quarter revenue, up from about $6.7 billion in the prior quarter; CFO Sarah Friar discussed enterprise AI and plans to offer its dots assistant to consumers.
• Nvidia has appointed a law firm and former federal prosecutor to investigate possible information or national-security compromise tied to a CEO-related scandal; Vinod Khosla called for an independent board investigation.
• Nearly seven in 10 Indian firms surveyed plan to increase AI spending, but just 3% say their data is fully AI-ready and 25% report strong workforce readiness.
• China’s AI-related trading focused on edge AI, humanoid robots and AI micro-dramas, amid policy support, upcoming robot events and warnings about volatile small-cap stocks.
• Emerson’s new MCP servers connect compatible AI applications to NI information for more than 400 devices and to test-system management; LabVIEW and TestStand servers are planned for 2027.
• Fitch sees BDCs as especially exposed if AI disrupts software borrowers, while Amazon’s Ring indoor drones and patrol robots raise privacy questions about data collected through the app.

Anthropic targets up to $64 billion in major IPO

Anthropic plans to sell 825 million shares for $70 to $78 each in an initial public offering, aiming to raise up to $64 billion. The shares will trade under the ticker ANT, and the offering could value the company at up to $1.4 trillion. Google, Nvidia, AMD, Microsoft and three other technology companies plan to buy $26 billion in non-voting shares separately. Anthropic reported $17 billion in third-quarter revenue and an annualized revenue run rate of about $81 billion as of October 31. Its filing also warns about AI risks, large computing costs and possible political or regulatory backlash, while the seven founders will retain just over half of shareholder votes after the listing.

CoreWeave lifts outlook as AI shares rise and IPO plans grow

U.S. stock futures rose after AI cloud company CoreWeave forecast full-year revenue of $13 billion to $13.3 billion, above Wall Street expectations. Its third-quarter sales reached $3.66 billion, and its loss of $1.27 per share was smaller than expected. CoreWeave shares gained more than 18% in after-hours trading, even though the Nvidia-backed company has about $50 billion in debt and its shares had fallen more than 40% in the past month. The Financial Times reported that Anthropic’s bankers are considering raising the planned IPO valuation to $1.5 trillion or more and setting a share price above its stated $70 to $78 range. OpenAI’s third-quarter revenue was also reported to have spiked, though the article gives no figure.

CoreWeave results and Anthropic IPO plans boost AI stocks

U.S. stocks rose on Wednesday as strong results from CoreWeave renewed investor interest in AI, with the S&P 500 up 1% and the Nasdaq Composite up 1.5% in early trading. CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, and the company raised its full-year forecast to $13 billion to $13.3 billion. Its shares rose about 15% at the opening bell, easing concerns after a drop of more than 40% over the past month, though the company has substantial debt and plans to spend $37 billion to $39 billion on capital projects this year. Anthropic plans to sell 825 million shares for $70 to $78 each, potentially raising $64.4 billion and valuing the company at about $1.4 trillion, with a further $26 billion investment planned from technology companies. OpenAI reportedly made $10 billion in third-quarter revenue, while Nvidia appointed a law firm and former federal prosecutor to investigate whether company information or national security was compromised in a scandal involving its CEO.

Companies can use AI while taking steps to prevent employee burnout

Artificial intelligence can automate routine work and give employees more time for higher-level tasks, but poorly planned changes may add to burnout. The article recommends that companies offer training and development so workers can build skills and stay engaged. It also suggests supporting work-life balance through flexible arrangements and paid time off. Employers can monitor well-being, provide mental health resources and assistance programs, and promote respect, empathy and open communication.

OpenAI revenue growth and Nvidia probe shape AI industry discussion

OpenAI reported $10 billion in third-quarter revenue, up from about $6.7 billion in the prior quarter, while Anthropic reported $17 billion, with revenue growth slowing from 144% to 47%. Investor Vinod Khosla discussed the companies’ results and said OpenAI’s growth rate was an advantage. OpenAI CFO Sarah Friar spoke about the company’s focus on enterprise AI and its plans to roll out its virtual assistant, called dots, to consumers. Khosla said Nvidia’s board should conduct an independent investigation into allegations tied to a scandal involving the company. The discussion also covered the possibility of Apple releasing its own AI model and the ongoing competition between OpenAI and Anthropic.

AL-LBLP learns constraint weights for offline reinforcement learning

Lifted Bellman Linear Programming (LBLP) finds optimal values for offline reinforcement learning by solving a linear program over a dataset. The proposed AL-LBLP method uses the method of multipliers, learning constraint weights through dual ascent instead of setting them in advance. It uses one Q function and one V function without a target network, and can work with Gaussian actors, flow actors, and best-of-N sampling. With best-of-N sampling, it achieved 60.1% average success across 50 state-based OGBench tasks, including 81.5% on humanoidmaze-giant and 79.8% on antmaze-giant. The method did not collapse at batch sizes up to 8192.

Amazon introduces Ring indoor security drones and patrol robots

Amazon introduced indoor security drones and autonomous patrolling robots under its Ring Robotics brand. The devices use AI navigation and can be controlled remotely through the Ring app. The article says the app collects data about users’ activities, raising privacy concerns, and notes that the devices need regular recharging. Amazon plans to make the products available soon and is offering a limited-time discount for pre-orders through the Ring website.

A $48 bundle offers lifetime access to several AI tools

The Lifetime AI Software Stack Bundle is listed for $47.99, reduced from $1,811.99, though the article notes that deal details can change. It includes 1ForAll AI Pro for text, voice, image, and video generation, using models from OpenAI, Google, AWS, Azure, and Luma. PromptBuilder Starter is a Chrome extension that helps create prompts for 10 AI tools and includes up to 5,000 queries per month for life. AskAnyModel AI can show answers from up to six AI models, while Voibe provides voice-to-text transcription on Mac and Windows.

Emerson connects more NI test tools to third-party AI applications

On November 11, 2026, Emerson announced new Model Context Protocol (MCP) servers as part of its open NI test platform strategy. The NI Device Drivers MCP Server connects compatible AI applications to NI hardware and driver information for more than 400 devices, including DAQ and PXI hardware. The NI SystemLink MCP Server adds connections for test system and data management, with Nigel intelligence. Emerson plans to release MCP servers for NI LabVIEW and NI TestStand in 2027. The new connections complement Nigel AI and let engineers use compatible third-party AI applications with NI tools and data.

Indian firms plan more AI spending but lack data and workforce readiness

A Dun & Bradstreet survey of more than 10,000 businesses worldwide, including about 300 in India, found that nearly seven in 10 Indian firms plan to increase AI spending over the next 12 months. However, only 3% said their data is fully ready to support AI at scale, compared with 8% globally. The survey found that businesses with AI-ready data report strong or broad returns 6.3 times as often as those with only partly ready data. More than 60% of Indian firms have moved beyond AI planning and pilot projects, but only 25% report strong workforce readiness. Dun & Bradstreet executives Julian Prower and Arun Singh said firms need better data, skills, infrastructure, controls, and governance to gain more from AI.

AI Stocks Rally in China as Investors Shift Among Three Hot Themes

China’s A-share market saw strong trading in edge AI, humanoid robots and AI micro-dramas, with investors moving money among the three themes. On November 10, edge AI stocks including Sunsea AIoT and Fullhan Microelectronics hit their daily limits after local policies offered support for AI terminals and subsidies for smart glasses and other devices. Robot stocks gained attention ahead of a December 1 humanoid robot summit and Tesla’s December 3 shareholder meeting, while Wintime Holding recorded eight limit-ups in 15 days. Overseas short-drama figures also drew interest, with 82 of the top 100 overseas short dramas in October principally backed by Chinese producers. The article warns that limited new investment and sharp swings in smaller stocks could signal theme fatigue.

Fitch Sees AI Risks for BDCs and Alternative Investment Managers

Fitch Ratings says most asset managers face modest portfolio risks from AI, but business development companies, or BDCs, are more exposed because they lend to software companies that AI could disrupt. Fitch’s AI stress test considered three possible risks over the next five years: over-investment, business model disruption and losses on AI-related financial assets. If software borrowers struggle, BDCs could face loan losses, lower valuations, refinancing pressure and liquidity risks. Traditional investment managers have less exposure, while some alternative managers face risks from financing AI infrastructure such as data centres. Fitch also warned that life insurers linked to alternative managers may face higher asset-impairment risk.

Sources

• Inside Anthropic’s blockbuster IPO: What we know about the AI giant’s plans
• CoreWeave outlook; OpenAI’s revenue reportedly spikes
• AI stocks rebound as Coreweave results and Anthropic IPO lift markets
• Implementing AI: How Companies Might Manage — Even Avoid — Employee Burnout
• OpenAI's Q3 results and Nvidia's scandal impact on the AI ecosystem
• An Augmented Lagrangian Approach to Lifted Bellman Linear Programming
• Amazon Unveils Indoor Security Drone and Autonomous Patrolling Robot
• Pay $48 and claim lifetime access to AI apps: How to compare ChatGPT, Claude, and Gemini
• Emerson expands AI ecosystem access to NI test technology
• Dun & Bradstreet sees AI opportunities rising in India, but workforce readiness lags
• Three AI Application Themes Fire at Once: Edge Hardware, Humanoid Robots and AI Micro-Dramas Rotate in the Hunt for Capital
• BDCs, alt managers face AI asset risks: Fitch