Compute news

Anthropic’s IPO filing shows $17B revenue in one quarter

Anthropic’s updated prospectus, filed on November 2, shows revenue of $17.0 billion from July to September. That is about 12 times more than a year earlier. It also lists $895.4 billion of commitments, almost all for compute, and still no share price.

Anthropic filed an amended IPO prospectus with the US Securities and Exchange Commission on Monday, November 2. It adds results for the third quarter: revenue of $16.96 billion and a net loss of $23.29 billion. The filing says most of the loss comes from the higher value of its convertible notes, not from cash spent.

Microsoft finishes pre-training its 2.8T MAI-Base-2 model

The model has 2.8 trillion parameters and is not released yet. Microsoft says it beats every open-weight model it tested and needs 4.2 to 12.3 times less computing power than DeepSeek’s best base model; no outside group has checked this.

Microsoft AI said on October 15 that it has finished pre-training MAI-Base-2, its largest model so far. It is a mixture-of-experts model with 2.8 trillion parameters, of which 80 billion work on each token. The model is now in a second stage of training, and Microsoft gives no release date.

Nvidia pledges $250M of computing to UK AI safety research

British researchers will get computing power worth $50 million a year for five years, Nvidia says, to make AI agents safer and more secure. Its chief executive, Jensen Huang, also said that no AI cyber incident is acceptable.

Nvidia said it will give British researchers computing power worth $250 million over five years, for research on the safety and security of AI agents. Most of it goes to the wider UK research community, and a share to labs at Oxford, UCL and Imperial College London. The value is Nvidia’s own estimate, and the terms are not agreed yet.

Anthropic committed $11.6 billion to Akamai’s cloud

The deal runs seven years. In return, Anthropic can earn a stake of up to 5% in Akamai.

Akamai said on September 24 that Anthropic will spend $11.6 billion over seven years on its cloud, mainly for CPU computing. The deal could grow to about $20 billion. Anthropic also received a warrant for up to about 5% of Akamai, which vests as its spending grows.

AI rules are starting to focus on numbers you can check

Regulators want AI companies to report clear facts about computing power, energy use, tests, and serious problems. These facts are easier to check than broad promises.