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The lead
Wren Calloway·The Daily
They want a $1.404 trillion valuation while AI spending cools and investors grow skeptical. It is the ultimate flex: value us like a god or miss out on the frontier entirely.
Anthropic has set an IPO price range of $70 to $78 per share, targeting a fully diluted valuation of up to $1.404 trillion. They are aiming to raise between $57.75 billion and $64.35 billion.
Read the full edition →Julius and Claude dominate the spreadsheet wars, but Copilot in Excel remains the safest bet for enterprise compliance.
By Stork editorial team·Research & reviews
By Stork editorial team·Research & reviews
By Stork editorial team·Research & reviews
By Stork editorial team·Research & reviews
Stork editorial team·Research & reviews
Local politicians just realized that voters hate giant, power-hungry AI data centers more than they care about national tech supremacy. Expect building permits to become the new bottleneck for frontier models.
Stork editorial team·Research & reviews
Google claims the top spot on the Artificial Analysis Intelligence Index with a model purpose-built for finding bugs and creating exploits. The cybersecurity arms race just got a frontier-class weapon.
Stork editorial team·Research & reviews
Meta is locking its newest models behind subscription pricing, signaling the end of their purely open-source goodwill tour. They want direct revenue from coding tools now.
Stork editorial team·Research & reviews
Microsoft built a 2.8 trillion parameter mixture-of-experts model that crushes open-source alternatives, but they are keeping it strictly private. The moat is closing.
Stork editorial team·Research & reviews
Moonshot AI is pushing context limits to 1 million tokens while introducing a 'Highspeed' variant. It is a brute-force approach to solving complex reasoning tasks across their product suite.
From the editor
Pitching a $1.404 trillion valuation in the middle of a market slowdown is the most brazen flex in Silicon Valley history. Anthropic just dropped its IPO price range, and it reads less like a financial prospectus and more like a ransom note.
Read the full edition →Previous edition: Open models steal ten percent of the token market.
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