Business

• Anthropic's $16.8B quarter after a $42B loss

  Anthropic told investors on the 14th of October 2026 that it made 16.8 billion dollars in three months. A leaked draft of its IPO prospectus shows the 2025 loss behind that growth.

• Character.AI goes bankrupt, Disney bids $20M

  Character.AI filed for Chapter 11 in Delaware on the 12th of October 2026. Disney opened the bidding at 20 million dollars, and the app keeps running while the company looks for a buyer.