SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, ...

The artificial intelligence sector has seen remarkable growth in recent years. In 2025, several startups have reached ...

Anthropic (an AI startup founded by former OpenAI senior leaders) is reportedly generating around $3 billion in annualized revenue.

Snowflake (SNOW) continues to impress with its AI-driven strategy, delivering a strong Q1 FY2026 that included a 26% ...

OpenAI announced similar news in October, when CNBC reported it had received a $4 billion revolving line of credit. The ...

Amazon ( AMZN 0.92%) is best known for its e-commerce marketplace and Prime subscription service. While online shopping and ...

Netflix chairman Reed Hastings joined the board of directors of Anthropic, an AI company whose backers include Amazon.

Anthropic is preparing to carry out its first employee share buyback, valuing the firm at $61.5 billion. The initiative also reflects a broader trend in the AI sector, where buybacks are used to ...

Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house.