Author: News Room

What smart people are saying about Anthropic’s IPO

Investors are focusing on what comes next for Anthropic and its peers, Sonali Basak, the chief investment strategist at iCapital, told CNBC.One key question, she said, is whether public markets will embrace AI companies that continue to consume huge amounts of capital.”How comfortable will investors be with this generation of tech…

Investors see a warning in Andrew Left’s conviction

Monday’s conviction of short-seller Andrew Left — for trades he made after using social media to publicize his market-moving reports on companies — brought a swift reaction from other investors and financial analysts.”The conviction establishes precedent that social media commentary from influential investors may constitute criminal market manipulation,” the financial…

Anthropic files confidential S-1, blazing toward blockbuster IPO

The race to IPO is on: Anthropic just filed its confidential S-1 draft.On Monday morning, the AI juggernaut announced it had turned in its first IPO proposal to the U.S. Securities and Exchange Commission. It’s a major step in the rush toward a public listing, as Anthropic and rival OpenAI…

Disappointing photos show what it’s really like to go on a cruise

While people seemed to enjoy themselves, many communal decks looked and felt like crowded malls.With a whopping three large pools and several plunge and whirlpools on the outdoor decks, I was surprised to find that these spaces were crowded throughout the day. And even though there were rules against saving…