Finance
What smart people are saying about Anthropic’s leaked IPO prospectus numbers
Anthropic’s IPO math is staggering. The AI lab generated nearly $4.6 billion in revenue last year — about 12 times its 2024 total — while recording a $42 billion net loss, per an IPO prospectus seen by Reuters. The company spent $7.33 billion on compute and infrastructure in 2025 and has $518…
My husband and I met at work. Then, I switched careers.
My husband and I met as teachers. When we were introduced, I instantly respected him. I was drawn to our shared desire to teach and help young people, and to our mutual love of all things related to English Language Arts. When we worked together, we maintained our professionalism and didn’t even…
I’m a small business owner who took 50 of my employees to Greece. It was worth the $2,000 a person and 6 figures in revenue.
This as-told-to essay is based on a conversation with Bashir Chedrawee, owner and CEO of Simone’s Kitchen, a Mediterranean eatery with three locations in New York state. It has been edited for length and clarity. I started Simone’s Kitchen with my mother in 2018. As a Mediterranean-inspired eatery…
‘Big Short’ investor Michael Burry says he’s ‘more confident than ever’ of an AI reckoning in 2027
Michael Burry says the AI bubble might pop sooner than he thought. The investor of “The Big Short” fame said in a Substack post on Monday that he’s “moving timelines up,” chiefly because he expects “the bubble in AI may burst sooner than later.” Burry said he’s “more confident than ever before”…
A YouTuber says this Muse setting led to the AI agent sharing his address: ‘Be careful’
A YouTuber who said his Muse AI agent gave out his home address without his permission has got to the bottom of what happened — and it comes down to clicking one button. Matt Robb said in a Tuesday update on X that he had selected an “Allow Always” option when he first asked Meta’s
Alaska Airlines is doubling down on premium travel. Take a look at its newest long-haul cabins.
Alaska Air Group is the latest US air carrier to shore up its premium seating offerings — part of an industry-wide boom to cater to passengers who will pay more for premium perks. On Tuesday, Alaska Air Group, which operates Alaska Airlines and Hawaiian Airlines, unveiled a new premium economy…
Corgi girls, ugly lawsuits, and cute dogs: Inside a wild $5 billion startup
“If you can’t raise a dog, you cannot run an office.” That was the message Nico Laqua, cofounder and CEO of buzzy insurance startup Corgi, sent to staff in the New York office about one of the company’s short-legged mascots. A vet had told the employees that the puppy, Hamilton, should not be…
Tech is entering its prohibition era
When the US outlawed alcohol in 1920, people found ways to keep drinking — whether by sneaking into secret speakeasies in dingy basements or by obtaining dubious prescriptions for medicinal booze. By 1933, when lawmakers finally legalized hooch, drinking levels were comparable (about 70%) to what…
Robotics startups are courting university researchers. Microagi just hired eight.
For decades, the biggest advances in robotics came out of university labs. Now, as billions pour into physical AI, the researchers behind that work are launching and joining startups. The latest to recruit from academia is the German company Microagi. The startup has hired Animesh Garg, a Georgia…
AI agents are ready to shop for you — if you can trust them
The moment many have waited for — where AI can actually do your bidding, not just tell you how to do it — may finally be here, but that doesn’t mean consumers are ready for it. Makers of personal AI agents like Meta’s Muse are touting their ability to handle shopping tasks from beginning to end…