This week was a rollercoaster ride for the tech and AI industry. From CrowdStrike’s impressive first-quarter results and stock split announcement to Broadcom’s mixed second-quarter results, the market was abuzz.
Meanwhile, SpaceX signed a massive AI deal with Google, Meta faced an investor exodus over AI fundraising and the Trump administration explored government stakes in AI companies.
Here’s a quick recap of the weekend’s top stories.
Anthropic Takes Preliminary Step Towards IPO
Anthropic has made a confidential filing of a draft Form S-1 with the SEC. This move gives the firm the option to go public, pending the completion of the SEC’s review process. The company has not yet decided on the number of shares it would sell or the price it would seek in an offering. The disclosure was made under Rule 135 of the Securities Act of 1933.
