Nvidia-backed Nscale is in talks to sell Anthropic about $45 billion of computing power from a second building at its Monarch campus in West Virginia, even as investors push back on the IPO valuations both companies are seeking.
Anthropic is placing 5% of its shares in a new Anthropic Public Benefit Fund, with the board able to add a further 2% for every 50% rise in the company’s value above a set baseline, subject to stockholder approval.
Chipmakers fell for an eighth straight session and the Nasdaq 100 had its worst week since April 2025 as AI financing worries mounted. Nvidia’s Jensen Huang said “all of this is going to pass,” while the FT reported Anthropic is offering Blackstone a yield above 10% on chip debt.
An internal study by Anthropic finds junior roles fell from 27% to 9% of its technical hires in a year, agent hours outnumber employee hours six to one, and human attention has become the main bottleneck, even as meeting time rose 20%.
Speaking at the IMF and World Bank annual meetings in Bangkok, Anthropic co-founder Jack Clark said an internal company model shows US GDP could reach $44 trillion by 2030 under certain conditions, and urged international cooperation on “unusual and serious rules” for AI.
In under half an hour, an internal Claude research model found that the seeds behind NIST’s P-256 and other standard curves came from a 1990s lrand48 random-number generator seeded with Unix timestamps, not a hashed secret phrase.
Anthropic said on October 15 it has onboarded six METR employees with company hardware, office space and internal-tool access roughly on par with its own risk teams, and that METR can publish assessments Anthropic cannot veto.
The European Commission's AI Office has sent formal requests for information to OpenAI and Anthropic on security, external evaluation and model-use monitoring after summer agent-escape incidents, Executive Vice-President Henna Virkkunen said in Dublin.
Anthropic says safeguards rolled out in recent months have reduced the data harvested by distillation attackers by around 90% to 99%, naming Chinese labs Zhipu and Moonshot as examples of industrial-scale efforts to copy Claude’s capabilities.
Anthropic told prospective investors at a pre-IPO meeting that third-quarter revenue rose 45% from the prior quarter to $16.8 billion and that it was profitable on an adjusted basis, Reuters reported.
Last week, Anthropic and OpenAI looked like they had the AI race to themselves, pulling ahead with increasingly powerful models that left their rivals in the dust.
