TECH NEWS

Anthropic Confidentially Files For IPO, Valuation Reaches USD 965 Billion

Anthropic has confidentially filed for an Initial Public Offering (IPO) just weeks after raising USD 65 billion in fresh funding that pushed its valuation to USD 965 billion, overtaking OpenAI and placing the company within striking distance of the USD 1 trillion mark.

The filing, submitted to the US Securities and Exchange Commission (SEC) through a draft Form S-1 registration statement, comes at a pivotal moment for the artificial intelligence (AI) industry. What began as a race to build the most capable large language models is increasingly becoming a contest over revenue generation, enterprise adoption, infrastructure ownership, and long-term profitability.

For investors, Anthropic's move reflects growing confidence that AI companies can evolve into sustainable businesses rather than remain capital-intensive research organisations. For enterprises, it highlights how rapidly AI is becoming embedded within core business operations, software development, cybersecurity, customer service, and decision-making workflows.

More than an IPO filing

Anthropic's official...

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Scientists Invent a Way to Brew Espresso With Ultrasonic Waves—No Hot Water Required

What do you need to make a good espresso? Ground coffee, of course; a machine capable of generating pressure; and hot water, preferably heated to between 195 and 205 degrees Fahrenheit. And that’s it. But could one perhaps do without that last element? No, not the water itself, but

https://media.thenextweb.com/2026/06/vlc-developer-kyber-5-million-lightspeed-robotics-remote-control.avif

The developer behind VLC’s 6 billion downloads now wants to connect hundreds of millions of robots

TL;DR VLC developer Jean-Baptiste Kempf raised $5M led by Lightspeed for Kyber, an open-source SDK that controls remote machines with ultra-low latency. Jean-Baptiste Kempf, the lead developer of VLC Media Player, has raised $5 million for his startup Kyber, an infrastructure layer for controlling remote devices in real time.

https://media.thenextweb.com/2026/06/byd-rejects-hungary-environmental-violations-szeged-factory.avif

BYD rejects claims it violated Hungary’s environmental rules at its Szeged EV factory

TL;DR BYD denies environmental breaches at its Szeged factory as Hungarian police probe toxic soil claims and the company scouts a second European plant. BYD executive vice president Stella Li said the Chinese automaker has complied with all environmental regulations at its Szeged factory in Hungary, pushing back against

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This easy-to-miss coupon code can get you a Galaxy S26 Ultra for its lowest-ever price — up to $950 off

If you've been eying up the Samsung Galaxy S26 Ultra, waiting for the appropriate deal, then today could be your lucky day. Over at Samsung, the official retailer is currently offering a fantastic array of promotions that could save you upwards of $950. First of all, Samsung is

More than an IPO filing

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Scientists Invent a Way to Brew Espresso With Ultrasonic Waves—No Hot Water Required

The developer behind VLC’s 6 billion downloads now wants to connect hundreds of millions of robots

BYD rejects claims it violated Hungary’s environmental rules at its Szeged EV factory

This easy-to-miss coupon code can get you a Galaxy S26 Ultra for its lowest-ever price &mdash; up to $950 off

This easy-to-miss coupon code can get you a Galaxy S26 Ultra for its lowest-ever price — up to $950 off