AI boom: Anthropic S-1, Apollo financing, Palantir reaction
Anthropic's S-1 reportedly shows quarterly revenue of $17.0B, with a $1.5T IPO valuation targeted. Apollo is lending record amounts into AI, and Palantir fell 9% despite strong results.
What we know
Anthropic's revenue grew 45x in 18 months to $17.0B in Q3'26. Apollo lent a record $114bn into the AI financing boom. Palantir fell 9% despite +96% revenue growth on worries about new contract activity. Cloudflare was upgraded by JPMorgan. On the supply side, SK Hynix is in talks over Intel's Ohio fab and Samsung's second Taylor fab is reportedly booked by AMD and Nvidia. Public sentiment is cooler, with only 15% of Americans excited about AI.
Sources
“Apollo lends record $114bn as it piles into AI financing boom”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.