THE CRUNCH
Anthropic's compute commitments near $900bn as losses widen
Quarterly revenue hit nearly $17bn, twelvefold year on year, but a $23.3bn net loss and a revised filing showing almost $900bn in compute obligations frame the run-up to its IPO.
CRUNCHY TECH
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TODAY’S BRIEFS
Quarterly revenue hit nearly $17bn, twelvefold year on year, but a $23.3bn net loss and a revised filing showing almost $900bn in compute obligations frame the run-up to its IPO.
The NCSC says AI is exposing long-tolerated vulnerabilities at scale, and has announced £130 million of AI-powered defence projects.
The Sequoia-led Series A values the 18-person startup at $300M as it opens its continual learning platform, used by Harvey and Nvidia, to the public.
Apple has no timeline for easing iPhone Duo shortages, and new figures show inventory up 154% year over year as memory chip costs climb.
ABOUT CRUNCHY TECH
Crunchy Tech is an ad-free news site covering gaming, AI, hardware, security and the wider tech industry. We keep the briefs short, but include the context that helps a story make sense. Where the evidence supports it, we bring together different reports and earlier developments to explain why something matters and what comes next. AI helps prepare and check each brief, and the original sources are linked for further reading.
The name comes from a love of crunchy vegetables, especially pickled cucumbers. We take the news more seriously than the name.
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