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Weekly recap

The week of October 12, 2026

32 stories from October 12, 2026 to October 18, 2026. Catch up in five minutes.

The big picture

Anthropic tells investors its Q3 revenue hit $16.8 billion ahead of its IPO

Anthropic told prospective investors that its third-quarter revenue rose about 45% to $16.8 billion and that it was profitable on an adjusted basis, according to the Financial Times, Bloomberg and Reuters. The Information adds that distillation, other companies copying Claude's outputs, made up 5% to 7% of revenue. The numbers land weeks before a planned IPO that investors value at $1.8 trillion to $2 trillion. Formal marketing could start the week of November 9.

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