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Tech News
Anthropic, the maker of the Claude AI models, has submitted an SEC filing that signals it is laying groundwork for a stock market listing. The filing reportedly includes warnings from the company about potential existential risks posed by advanced AI systems.
Anthropic submitted its Form S-1 to the SEC, confirming plans to list on Nasdaq under the ticker "ANT." The company had previously filed a draft version of the form in June, and it says the number of shares and their pricing have not yet been set.
Quest Diagnostics disclosed in an SEC filing that it detected unauthorized access to its Quanum LSM lab-ordering platform on October 21, 2026. The company says some patient records were exposed, though the specific data types affected are still being determined, and it has notified law enforcement while external experts assist the investigation. Quest states its customer-facing operations and direct LIS/EMR interfaces were unaffected, and it has paused access to Quanum LSM, Essential Insights and LabHQ as a precaution.
OpenAI is finalizing a funding round of up to $30 billion that would value the company at $1.25 trillion, excluding the new capital, according to people familiar with the matter. UAE-based investors and Coatue are leading the round, which is being described as a bridge financing ahead of a possible IPO, with signatures targeted by the end of next week.
Elon Musk said on X that he plans to give one of his SpaceX shares to every child in the United States starting next year, calling it 'the first of many' such giveaways. Based on roughly 72 million children under 18 and SpaceX's recent closing price of $146.03, the pledge would be worth about $10.5 billion. Musk gave no details on timing or mechanics, and SpaceX has not yet responded to requests for comment.
The SEC has floated an accounting rule change that would let public companies report financial results less often than the current quarterly cadence. Investors and market participants have pushed back strongly, warning the move could reduce transparency into corporate performance.
Emails from 2024 obtained by Fast Company reveal that officials at the SEC and FBI scrambled to understand changes Amazon made to its cloud services terms and conditions. The correspondence shows federal staff trying to determine whether the updated terms would let Amazon use government data stored on its cloud to train artificial intelligence models.
Bitcoin rose 37% over 39 days to reach an eight-month high near $86,000 on Monday, according to Yahoo Finance. The rally followed Congress's failure to pass a crypto 'Clarity Act' and the SEC's announcement of a five-year 'innovation exemption' allowing tokenized U.S. stocks to trade via automated market makers on public blockchains, per CoinDesk.
After the Clarity Act failed to advance in the Senate, the SEC issued an order creating a temporary pathway for trading tokenized stocks, and the CFTC submitted a crypto rulemaking proposal to the White House for review the same day. Details of the CFTC proposal have not been made public, though the Office of Management and Budget confirmed it is pending review.
Fund issuers are preparing exchange-traded funds tied to unconventional themes such as election outcomes and hockey statistics, expanding the range of speculative investment products available to retail investors. These offerings reflect the broader trend of ETF providers seeking niche angles to attract attention in an increasingly crowded market.
Chinese AI startup Moonshot announced Thursday that its Kimi models now integrate directly with financial data providers including S&P Global Market Intelligence, Crunchbase, Wind, Tianyancha, SEC EDGAR filings, the IMF, World Bank and FRED. The company said clients such as CICC and venture firm Hong Shan (formerly Sequoia China) are already using Kimi's new financial-services tools, which are offered through tiered subscriptions ranging from 49 to 699 yuan per month.
The SEC issued an order Thursday creating an immediate regulatory pathway allowing certain trading venues to offer tokenized versions of publicly traded U.S. stocks. The five-year exemption requires token holders to retain the same rights as traditional shareholders and lets companies object to having their securities tokenized. The move follows the Senate's failure to advance the Clarity Act, a crypto market structure bill, two days earlier.