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Anthropic has officially filed for an initial public offering.

Following weeks of leaks regarding its S-1 filing, Anthropic officially submitted its application for an initial public offering (IPO) on Monday, setting the stage for one of the most highly anticipated IPOs in modern U.S. history. According to the company’s latest filing with the U.S. Securities and Exchange Commission (SEC), Anthropic—which plans to list under … Read more

Wall Street Pushes Higher Despite Growing Volatility in AI Stocks

U.S. stock indices mounted a strong rally on Thursday, led by better-than-expected corporate earnings. Despite persistent turbulence across the artificial intelligence sector over the long-term sustainability of the AI boom, major benchmarks continue to trade near all-time high levels. The S&P 500 gained 0.3%, reversing early-session losses to hover near its record highs set last … Read more

Wall Street Suffers Worst Single-Day Drop Since July as Inflation Concerns Resurface

U.S. equities took a sharp turn downward on Wednesday, marking the market’s worst single-day slump since July. Triggered by fresh signs of stubborn inflation, the sell-off dragged all three major indices lower, with high-flying artificial intelligence and tech stocks bearing the brunt of the damage. The S&P 500 tumbled 1.1%—marking its fifth decline in six … Read more

New mobile phones launched in India this week include the vivo V80, OPPO F35 series, and Infinix Smart 20 HD.

It has been a bustling week for the Indian smartphone market, with multiple brands launching new products just as the festive and promotional seasons kick off. Vivo was particularly active, unveiling three new models, including the latest V-series devices and a flagship foldable phone. OPPO also introduced its new F35 series, while Infinix and Realme … Read more

Elon Musk stated that, despite facing funding hurdles, artificial intelligence could still double the U.S. GDP growth rate to 4% next year.

Tesla and SpaceX CEO Elon Musk stated that artificial intelligence has the potential to double U.S. economic growth over the coming year, raising the rate from approximately 2% to 4%. “I estimate that next year, AI will roughly double the U.S. GDP growth rate from around 2% to about 4%, or perhaps even higher,” Musk … Read more