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Anthropic eyes Nasdaq listing as a second profitable quarter aims to win over investors ahead of a mega-IPO

Anthropic reports a second straight profitable quarter with $11.5B quarterly revenue and prepares a Nasdaq IPO at a possible $2T-plus valuation.

Anthropic told investors it will be profitable for a second consecutive quarter, though the claim uses an adjusted metric excluding costs like stock-based compensation. Quarterly revenue jumped 14-fold year over year to $11.5 billion, with an annualized run rate of $65 billion at the end of July and gross margins above 80 percent before revenue-sharing and training costs. The company plans a Nasdaq listing at a possible valuation of $2 trillion or more, while SemiAnalysis expects $120 billion in annualized revenue by year-end. The news coincides with CEO Dario Amodei's public call to slow AI development, backed by Sam Altman and Elon Musk.

The Decoder · 2d agoAI industry

SK Hynix reportedly in talks with Intel to build memory chips in US

SK Hynix is reportedly negotiating with Intel to manufacture memory chips in the US, possibly leasing space at Intel's Ohio fab.

Reuters reports SK Hynix and Intel have discussed SK Hynix producing RAM in the US for the first time, including leasing space at Intel's planned Ohio factory or forming a joint venture that could include cloud-service providers; SK Hynix says nothing is finalized. The company is already building a $3.8 billion AI chip packaging and research facility in West Lafayette, Indiana, with mass production expected to begin in 2029, amid surging HBM demand from AI data centers. The potential deal could face a South Korean government review over transfers of strategically important chip technology, and follows Intel's 2020 sale of its NAND flash business to SK Hynix for $9 billion.

TechCrunch · AI · 23h agoAI industry

AI Agents Are Here. So Are the Threats.

Unit 42 demonstrates nine framework-agnostic attack scenarios against AI agents built with CrewAI and AutoGen, causing data leakage, credential theft and remote code execution.

Palo Alto Networks Unit 42 investigated how attackers can target agentic applications, implementing two functionally identical apps with the open-source CrewAI and AutoGen frameworks and executing the same attacks on both. Nine attack scenarios produce outcomes including information leakage, credential theft, tool exploitation and remote code execution. Findings show most vulnerabilities are framework-agnostic, arising from insecure design patterns, misconfigurations and unsafe tool integrations rather than flaws in the frameworks themselves. The team published defense strategies per scenario and open-sourced the source code and datasets on GitHub.

Palo Alto Unit 42 · Aug 17, 2026AI safety & security