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Anthropic aims to nearly triple annualized revenue in 2026, sources say

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Exclusive-Anthropic aims to nearly triple annualized revenue in 2026, sources say

(Reuters) -Artificial intelligence startup Anthropic is projecting to more than double and potentially nearly triple its annualized revenue run rate next year, fueled by the rapid adoption of its enterprise products, according to two people familiar with the matter.The company is on track to meet an internal …

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Meta commits $1.5 billion for AI data center in Texas

NEW YORK (Reuters) -Meta Platforms said on Wednesday it would invest $1.5 billion in a data center in Texas, breaking ground at its 29th such facility globally, as the social media giant expands infrastructure to support artificial intelligence workloads.The data center in El Paso, Meta’s third in Texas, is e …

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US regulators poised to offer capital relief to community banks, Bloomberg News reports

The proposal would relax what is known as the community bank leverage ratio to 8% — the lowest amount allowed by law, from the current 9%, according to the report.Lenders can choose to comply with that standard rather than using risk-based measures tied to their portfolios. The measure, which has been un …

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Other Headlines

JPMorgan, Goldman Sachs stay in China but businesses shift

NEW YORK (Reuters) -JPMorgan Chase and Goldman Sachs are sticking with their businesses in China as escalating tensions with the U.S. loom over global markets, bank executives said on Wednesday.JPMorgan, the largest U.S. bank, is still investing in China even as its operations there evolve, said Vice Chairman …

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