Anthropic IPO Could Raise More Than $100 Billion

Key Takeaways

• Kevin Warsh’s San Francisco forum examines AI’s possible effects on growth, prices and jobs, alongside data-center costs and concerns about inequality, local impacts, mental health, financial markets and national security.
• Warsh’s AI task force includes Marc Andreessen, Chad Jones and Microsoft Xbox leader Asha Sharma; Oakland Mayor Barbara Lee has joined opposition to local data-center construction.
• Anthropic’s prospective IPO is reported at valuations of roughly $1.2 trillion to $1.4 trillion, with one report saying it could raise more than $100 billion.
• Goldman Sachs estimates Anthropic spending of more than $65 billion next year and $41 billion in 2028; its valuation depends in part on a forecast of more than $600 billion in revenue by 2030.
• Goldman estimates major cloud and technology companies need about $300 billion in annual AI revenue to break even, while hyperscaler spending is projected at $1.2 trillion in 2027 and $1.4 trillion in 2028.
• UA Little Rock provides tailored AI training; examples include McLarty Automotive Group reviewing Copilot, Claude and ChatGPT, and Tarco automating financial work involving a workbook with more than 60 worksheets.
• The IRS is piloting an AI assistant to summarize taxpayer responses and prepare potential fraud cases for human review; the agency reports about 1 billion unauthorized information-access attempts each month.
• Pinterest is testing a voice-based, full-screen shopping assistant with follow-up questions, visual suggestions and product recommendations.
• DGEN licensed HumanOS assets for exclusive use and commercialization in a deal involving 4 million shares at $0.25 and 4 million warrants at $0.32, subject to CSE approval and other conditions.
• Nvidia shares fell 8.6% after hours as AMD rose 13%; Microsoft service problems also disrupted Outlook, Copilot and connectors for OpenAI’s ChatGPT and Anthropic’s Claude. Nvidia’s chips and software remain widely used, though experts cite supplier-concentration risks.

Fed chief Kevin Warsh weighs AI’s economic risks and promise

Federal Reserve Chairman Kevin Warsh will lead a public forum in San Francisco on Monday to examine how artificial intelligence could affect the economy. AI may bring faster growth and lower prices, but it could also cause major job losses. The rapid construction of data centers is already pushing up prices, raising concerns among Fed officials. The forum is part of Warsh’s review of important issues facing the Federal Reserve.

Kevin Warsh’s AI forum weighs growth, jobs and public concerns

Federal Reserve Chairman Kevin Warsh will lead a three hour forum in San Francisco on Monday about how artificial intelligence may affect the economy and labor market. AI could boost growth and lower prices, but it could also lead to job losses, while the rapid data center buildout is already driving prices higher. Public concerns include inequality, local land use, mental health, financial market risks and national security. Oakland Mayor Barbara Lee has joined a movement to ban local data center construction. Warsh’s task force includes Marc Andreessen, Stanford economist Chad Jones and Microsoft Xbox leader Asha Sharma.

Fed’s Warsh examines AI’s economic promise amid rising concerns

Federal Reserve Chairman Kevin Warsh will lead a three hour forum in San Francisco on Monday to consider AI’s effects on the economy and jobs. While AI could bring faster growth and lower prices, the data center boom is driving up costs and raising concerns among Fed officials. Other worries include inequality, local impacts, mental health, financial market risks and national security. Warsh named Marc Andreessen to lead his AI task force, which also includes Stanford economist Chad Jones and Microsoft Xbox head Asha Sharma.

Anthropic’s planned IPO faces questions as AI stocks turn volatile

Anthropic plans to go public next week, with a possible valuation of about $1.2 trillion to $1.3 trillion, as investors grow more cautious about AI spending. Goldman Sachs estimates that major cloud and technology companies need about $300 billion in annual AI revenue to break even, leaving a gap of roughly $230 billion. Anthropic’s valuation depends in part on whether it can reach a forecast of more than $600 billion in revenue by 2030. Some analysts see recent stock declines as a healthy correction, while others question the timing of the listing. Goldman Sachs estimates that AI hyperscalers plan to spend $1.2 trillion in 2027 and $1.4 trillion in 2028.

Anthropic’s IPO could fund more than $100 billion in spending

Anthropic CEO Dario Amodei presented an ambitious vision for the company, including predictions about ending cancer and mental illness within a decade. Goldman Sachs analysts have privately forecast that Anthropic will spend more than $65 billion next year and another $41 billion in 2028. The company’s Nasdaq listing, expected next Thursday, could value it at $1.4 trillion and bring in an additional $100 billion to support its growth and compete with OpenAI and Alphabet. Anthropic also expects about $40 billion in future expenses tied to employee stock grants.

UA Little Rock trains Arkansas businesses to use AI

The University of Arkansas at Little Rock offers AI training shaped around each company’s needs, from leadership courses to industry-focused workshops. Tech entrepreneur-in-residence Marla Johnson works with businesses to understand their goals before arranging training. Flake & Company is exploring AI for administrative work and real estate decisions, while McLarty Automotive Group trained sales leaders and reviewed tools such as Microsoft Copilot, Claude, and ChatGPT with its security needs in mind. Tarco employees used AI to automate financial processes, including work on a workbook with more than 60 worksheets.

Pinterest tests a conversational AI shopping assistant

Pinterest’s holiday shopping features include product discovery through prompts and AI-powered price comparisons. The company is highlighting its AI assistant, which has been available for a year and can suggest product ideas. A new test lets users speak with the assistant in a full-screen format and ask follow-up questions. Pinterest says the assistant provides visual ideas, guidance, and relevant product recommendations.

Nvidia shares fall while AMD gains in a sharp AI trade shift

Nvidia’s stock fell 8.6% after hours, while AMD’s rose 13%. The article says the move left Nvidia, described as the AI trade’s leader, behind. It does not explain what caused the change, and experts are considering what it could mean for the tech industry. Nvidia had been trending downward, while AMD’s stock had been rising, according to the article.

IRS pilots AI tool to help staff handle fraud cases

The IRS is piloting an agentic AI tool to help employees with routine steps in potential fraud cases. Jim Clifford, director of return integrity and compliance services in the IRS Taxpayer Service Division, said the tool could review taxpayer responses, summarize them, build a case, and pass it to an employee for a decision. The IRS already uses machine learning to flag unusual tax returns, but Clifford said people will continue to make judgments. He gave no deployment date, and said the tool could expand to other parts of the agency if testing proves successful. Clifford said the IRS faces about 1 billion attempts each month to obtain information without permission.

DGEN Technologies licenses HumanOS AI software and products

Vancouver-based DGEN Technologies Corp. signed a licence agreement with HumanOS Technologies Inc. on November 12, 2026, for exclusive and irrevocable rights to use HumanOS artificial intelligence software, automation technology, and related assets. The licensed assets include HumAIn, Matspace, Media Studio, Automation Lab, the HumanOS scan tool, and related websites, accounts, and materials. DGEN can use, commercialize, develop, and sublicense the assets, while HumanOS keeps ownership; DGEN will own improvements it develops. In return, DGEN will issue 4,000,000 shares priced at a deemed $0.25 each and 4,000,000 warrants, each exercisable for one share at $0.32 for three years. The deal still needs Canadian Securities Exchange approval and other conditions, with closing expected in the coming week or weeks.

Why AI Companies Rely So Heavily on Nvidia

Nvidia’s graphics processing units, or GPUs, and data center chips power many artificial intelligence systems. Companies and researchers use them for tasks such as language processing, computer vision, robotics, machine learning, and deep learning. Nvidia also provides software and services that support its hardware, and its technology is used by major research institutions including Google, Microsoft, and Facebook. Some experts warn that relying on one company could create supply risks and limit innovation, while others say Nvidia is unlikely to be replaced soon.

How AI Cyberattacks Could Disrupt Everyday Life

On “Pablo Torre Finds Out,” The Atlantic’s Josh Tyrangiel discusses his reporting on possible AI-based cyberattacks. He says these attacks may disrupt daily life for years to come and could have very serious consequences.

Microsoft Service Outage Disrupts Email and AI Tools Worldwide

A Microsoft service failure that began in the United States on the previous day disrupted Outlook email and access to Copilot. OpenAI and Anthropic also reported problems with ChatGPT’s Microsoft connector and Claude’s Microsoft 365 connector. Microsoft said overloaded servers caused the wider disruption, but it had not identified the original cause; it began recovery by stopping new deployments, shifting traffic, and restarting affected servers. Downdetector recorded about 130,000 Outlook-related reports shortly after 1 p.m. Eastern Time on the 12th, and government offices and businesses worldwide reported problems. Hyundai Motor Group and SK Group faced service issues, while Samsung and LG avoided the disruption by using their own work systems.

Sources

• Fed's Warsh to take stock of AI revolution as US public grows wary
• Fed’s Warsh to take stock of AI revolution as US public grows wary
• Fed’s Warsh to take stock of AI revolution as US public grows wary
• Is Claude-maker Anthropic going public just as the AI bubble bursts?
• Wall Street Braces for Anthropic’s Spending
• UA Little Rock Helps Central Arkansas Businesses Put AI to Work
• MediaDailyNews: Pinterest AI Assistant Offers Product Conversations, Comparisons
• Nvidia down 8.6% after hours, AMD up 13%: The AI trade leaves its leader behind
• IRS eyes agentic AI tool to help staffers process potential fraud cases
• DGEN TECHNOLOGIES ACQUIRES EXCLUSIVE LICENCE TO HUMANOS ARTIFICIAL INTELLIGENCE TECHNOLOGY
• Why the AI industry is so dependent on Nvidia’s tech
• Video: The A.I Security Nightmares That May Be Coming for Your Daily Life
• Major services such as Microsoft's e-mail, artificial intelligence (AI), and office software have ex..