Anthropic's compute costs reach 58 percent of revenue in updated IPO filing

Anthropic’s compute bill grew faster than its revenue in the September quarter. An amendment to its IPO prospectus, filed on 2 November, reported revenue of $16.96 billion, up from $11.56 billion three months earlier. Compute and infrastructure costs reached $9.86 billion, or 58 percent of revenue, from 48 percent in the June quarter.

The company posted an operating loss of $567 million, after $974 million of operating income in the previous quarter. It said $5.0 billion of the quarter's compute was bought under short-term commitments. That capacity "currently costs significantly more than comparable compute procured under our multi-year commitments." Anthropic, which typically buys capacity 12 to 18 months before it is available, told investors that compute will remain its largest operating expense for the foreseeable future. The filing also shows the customer base widening. Accounts generating $100,000 or more of revenue over the prior year grew from about 400 in March 2025 to more than 11,900 at the end of September.

Featured source: Anthropic’s amended S-1 , TechCrunch .

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AMD’s data centre sales nearly double in another record quarter

AMD reported $13.38 billion of revenue for the third quarter, up 45 percent from a year earlier. Data centre segment sales rose 97 percent on record shipments of Instinct accelerators and EPYC processors. Net income was $2.43 billion and diluted earnings per share were $1.46, or $2.09 on a non-GAAP basis. Chief executive Lisa Su said growth should accelerate in the fourth quarter, when AMD ramps production of its Helios racks and its “Venice” server processors.

Filed from: AMD results , The Verge .

CrowdStrike agrees to buy two AI security startups

CrowdStrike said on 3 November that it had signed definitive agreements to acquire Fiddler AI and Dreadnode. Fiddler AI makes observability software for AI agents, and Dreadnode automates security testing of models, applications and agents. Fiddler’s tools will join the Falcon platform as Falcon Observe, and Dreadnode’s findings will feed Falcon Guardian, CrowdStrike’s runtime control for agents. The company did not disclose terms. TechCrunch reported, citing The Wall Street Journal, that CrowdStrike is paying about $400 million for Fiddler AI and $95 million for Dreadnode. Both deals are expected to close in CrowdStrike’s fiscal fourth quarter.

Filed from: CrowdStrike on Fiddler , CrowdStrike on Dreadnode .

Google ties school AI controls to search access

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Filed from: Google , Ars Technica .

A copycat bootkit defeated Secure Boot on fully patched Windows machines

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Filed from: Kaspersky Securelist , Ars Technica .

Canva cuts 1,271 jobs to “refound” the company

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Filed from: The Verge .

Rivian’s micromobility spinout abandoned an electric motorcycle pilot in Kenya

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Filed from: TechCrunch .

From the Community

A cable-driven robot reaches a whole room for $795

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Filed from: Neufangled Robotics .

RTX Spark laptops lose most of their GPU clock speed on native Linux

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Filed from: MindStudio .