Anthropic, the artificial intelligence (AI) company known for creating the chatbot Claude, recorded a net loss of more than $80bn in the first half of 2026, according to the Wall Street Journal, as the market anticipates its looming initial public offering (IPO). The corporation also indicated it could spend up to $750bn in coming years to acquire more computing capacity, including potential deals currently under discussion, the Journal said on Tuesday. The loss figure was up from $13bn a year earlier, according to a draft prospectus, a legal document corporations submit to financial regulators, for its IPO. The figures show the hefty costs of the AI race, even as investors look more closely at whether the money companies are pouring into chips and data centres will pay off. Anthropic also shared a list of potential risk factors, including uncertainty over how to prevent its products from doing harm, whether through sophisticated cyberattacks or blackmail by uncontrolled models.

Experts say recent market corrections may reflect investors taking a'more balanced approach', rather than it being a sign the entirety of the AI market is at risk. Experts say recent market corrections may reflect investors taking a'more balanced approach', rather than it being a sign the entirety of the AI market is at risk. Is this the beginning of the end of the AI stock market boom? The world is holding its breath as it waits to find out whether this year's estimated $US1tn investment in artificial intelligence is resting on a castle made of sand. Last week, the Nasdaq 100 - an index of the 100 biggest non-financial stocks on the American tech-heavy Nasdaq exchange - dropped by 5.5%, triggering the usual angst that the AI boom is about to go bust.

A Hana Bank screen shows the Kopsi index with a downward graph line. The tech-heavy South Korean index fell 8% overnight in Asia, triggering circuit breakers and halting stock trades. A Hana Bank screen shows the Kopsi index with a downward graph line. The tech-heavy South Korean index fell 8% overnight in Asia, triggering circuit breakers and halting stock trades. Larry Elliott: the global economy is muddling through.

CXMT said it had made good progress on new DRAM architecture that would boost chip memory density. CXMT said it had made good progress on new DRAM architecture that would boost chip memory density. Tue 13 Oct 2026 05.48 EDTFirst published on Tue 13 Oct 2026 04.01 EDT Shares in semiconductor companies fell on Tuesday after the boss of Broadcom compared many AI investors to "casino" gamblers, and the Chinese memory chip maker CXMT said it had made good progress on a new chip architecture. Japan's Nikkei fell 1.8% and the Taiwan exchange lost almost 2%, with the country's chip maker TSMC down by a similar amount. Samsung Electronics shares dropped 7.4% on the South Korean exchange, while the memory chip maker SK Hynix was down 10%.

Say More Look Up Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable @Home Trending Now Mashable Selects Top creators, ranked Gift Ideas For Everyone On Your List Creator Playbook In My Bag AI at School Safety Net All Series Matt Binder joined Mashable's tech vertical in 2018, where he covers social media, tech policy, cybersecurity, online scams, cryptocurrency, AI, creator news, weird tech, and other related tech beats. OpenAI says it will make $50 billion this year. That's less than investors expected. According to a new report from the Financial Times, OpenAI has informed investors that the company is expected to make $50 billion in revenue for the year. That's a lot of money, but it's also a full $20 billion less than earlier projections from just last month, which predicted the company would earn $70 billion in annual revenue.

SoftBank Group Chairman and CEO Masayoshi Son speaks during an event in Tokyo in July. SoftBank Group seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on artificial intelligence (AI), the Financial Times (FT) reported, citing people familiar with the matter. Founder Masayoshi Son has held early talks with potential investors including those in the United Arab Emirates, the newspaper said. The proposed fund would buy companies and use AI and machines, including from SoftBank's robotics arm Roze, to improve operations, the FT said. Fundraising of that scale would fuel more spending by the tech investment firm, which has invested almost $65 billion in OpenAI ahead of the AI lab's public debut.

Forecasts of annual revenues by leading AI players are closely watched by markets as an indicator of overall demand for the tech, which is attracting huge investment. Forecasts of annual revenues by leading AI players are closely watched by markets as an indicator of overall demand for the tech, which is attracting huge investment. Questions raised over AI growth as ChatGPT maker forecasts this year's revenue at $50bn, way below the $70bn signalled before Fri 9 Oct 2026 04.06 EDTFirst published on Fri 9 Oct 2026 04.04 EDT OpenAI has revealed that it is making about $20bn less in projected revenue than it had recently indicated to investors, raising questions about the break-neck growth rate in demand for AI. The ChatGPT-maker company has told investors that its revenues for this year would reach $50bn (£37bn), a projection based on sales up to the end of September. However, this is significantly less than the $70bn that it had signalled in information provided to investors last month, which was widely reported.

Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable @Home Look Up Trending Now Mashable Selects Say More Top creators, ranked Gift Ideas For Everyone On Your List Creator Playbook In My Bag AI at School Safety Net All Series Hollywood's tech movie boom has arrived As Silicon Valley's power and influence grow, Hollywood is putting its founders under the microscope. Olivia Tauber is the deputy editor of digital culture, covering creators, media, movies, beauty, and more. Based in New York, her work has appeared in The New York Times, Vanity Fair, The Cut, Teen Vogue, Complex, and Interview Magazine. She holds a Master's degree in Journalism from NYU and a Bachelor's from the University of Michigan. She also runs Fan Mail, a weekly pop-culture newsletter.

McDonald's has been using artificial intelligence to dynamically price menu items in the US and some global markets, according to a report by Reuters. This involves finding the "optimal price" to match what a particular store's patrons would be willing to pay. This fluctuates according to location, and even stores in the same city can have different cost amounts for the same exact items, according to information reviewed by Reuters. This is basically surge pricing, like with ride-share platforms, but for hockey puck burgers that have been sitting under a hot lamp. Reuters got a look at the interface that franchisees use to access this technology and it's pretty creepy. Messages show stuff like "your restaurant is showing MEDIUM SENSITIVITY to price" based on "customer willingness to pay in your area."

As China and the U.S. race to build separate artificial intelligence supply chains, investors are playing both sides, with U.S. banks fundraising for AI upstarts in China and Chinese money flowing to U.S. tech. The stakes are sizable, with Wall Street banks acting as book-runners on 19 Chinese high-tech equity capital market deals worth $17.2 billion so far this year, according to LSEG data, accounting for nearly 30% of the sector's total issuance. U.S. stocks, particularly semiconductors, are also the favorite destination for China's outbound mutual funds. The value of U.S. equity held by Hong Kong residents and mainland Chinese has jumped 23% in the past year to top $750 billion, U.S. data shows. In a time of both misinformation and too much information, quality journalism is more crucial than ever.