2026-03-07
Cursor internal analysis shows how hard Anthropic is subsidizing Claude Code. Last year, a $200 monthly subscription could use $2,000 in compute. Now, the same $200 monthly plan can consume $5,000 in compute (2.5x increase). [image]
Forbes
How Cursor is evolving through its Composer coding models built on Chinese open models, as coding agents like Claude Code threaten to make code editors obsolete
After becoming the hottest, fastest growing AI coding company, Cursor is confronting a new reality: developers may no longer need a code editor at all.
2026-03-04
Anthropic's revenue ramp: 2021: Founded 2022: $10 million 2023: $100 million 2024: $1 Billion 2025: $9 Billion 2026: $30 Billion (est) [image]
Bloomberg
Sources: Anthropic recently passed $19B in run-rate revenue, up from $9B at the end of 2025 and ~$14B a few weeks ago, as its clash with the US DOD casts doubt
Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year …
Anthropic's revenue ramp: 2021: Founded 2022: $10 million 2023: $100 million 2024: $1 Billion 2025: $9 Billion 2026: $30 Billion (est) [image]
Reuters
Sources: some investors push Anthropic to de-escalate its DOD dispute and avoid the “supply-chain risk” designation; source: some Anthropic-DOD talks continue
2026-02-25
ASML unveiled an upgrade for the light source in its EUV process that increases power from 600W to 1,000W. This improvement could increase wafer yields by as much as 50% by 2030. [video]
Reuters
ASML researchers unveil a breakthrough in EUV light source power, increasing output from 600W to 1,000W, a jump that could yield 50% more chips by 2030
2026-02-24
Credit card stocks down big based on Citrini Research says AI agents will eventually transact on Stablecoin payment rails and bypass interchange. ▫️Visa -4.4% ▫️Mastercard -6.3% ▫️American Express -7.9% ▫️Capital One -8.0% [image]
Wall Street Journal
Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
ASML unveiled an upgrade for the light source in its EUV process that increases power from 600W to 1,000W. This improvement could increase wafer yields by as much as 50% by 2030. [video]
Reuters
ASML researchers unveil a breakthrough in EUV light source power, increasing output from 600W to 1,000W, a jump that could yield 50% more chips by 2030
Researchers at ASML Holding say they have found a way to boost the power of the light source in a key chip making machine to turn …
Credit card stocks down big based on Citrini Research says AI agents will eventually transact on Stablecoin payment rails and bypass interchange. ▫️Visa -4.4% ▫️Mastercard -6.3% ▫️American Express -7.9% ▫️Capital One -8.0% [image]
CNBC
IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization
International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …
2026-02-23
Credit card stocks down big based on Citrini Research says AI agents will eventually transact on Stablecoin payment rails and bypass interchange. ▫️Visa -4.4% ▫️Mastercard -6.3% ▫️American Express -7.9% ▫️Capital One -8.0% [image]
Citrini Research
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …
Credit card stocks down big based on Citrini Research says AI agents will eventually transact on Stablecoin payment rails and bypass interchange. ▫️Visa -4.4% ▫️Mastercard -6.3% ▫️American Express -7.9% ▫️Capital One -8.0% [image]
Wall Street Journal
Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.
2026-02-11
KPMG threatened to drop its auditor Grant Thornton unless the firm lowered its fee to do KPMG's books. Why? Because KPMG knew Grant Thornton was using AI to do some of the accounting work, and that the service would be cheaper (so, Grant Thornton should pass the savings on). [image]
Financial Times
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI
More from FT (looks like KPMG paid $357k in 2025 vs. $416k in 2024): https://www.ft.com/... [image]
Financial Times
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI
Anthropic's revenue ramp: 2021: Founded 2022: $10 million 2023: $100 million 2024: $1 Billion 2025: $9 Billion 2026: $30 Billion (est) [image]
CNBC
Anthropic CCO Paul Smith says the startup is focused on “growing revenue” rather than “flashy headlines”, calls the software stock selloff “hyperbole”, and more
Anthropic is focused on growing its business rather than making “flashy headlines,” …
2026-02-10
KPMG threatened to drop its auditor Grant Thornton unless the firm lowered its fee to do KPMG's books. Why? Because KPMG knew Grant Thornton was using AI to do some of the accounting work, and that the service would be cheaper (so, Grant Thornton should pass the savings on). [image]
Financial Times
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI
Big Four accounting firm's move to cut fees for its own audit comes amid debate over pricing model
More from FT (looks like KPMG paid $357k in 2025 vs. $416k in 2024): https://www.ft.com/... [image]
Financial Times
Sources: KPMG negotiated a 14% lower fee for its 2025 audit by threatening to find a new accountant if Grant Thornton didn't pass on its cost savings from AI
Big Four accounting firm's move to cut fees for its own audit comes amid debate over pricing model
2026-01-23
Intel is down over 15% on weak forward guidance and concerns over manufacturing issues and future supply shortages (even after it reported an earnings beat). [image]
CNBC
Intel reports Q4 revenue down 4% YoY to $13.7B, vs. $13.4B est., Data Center and AI revenue up 9% to $4.7B, Q1 guidance below est.; INTC drops 10%+
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Intel is down over 15% on weak forward guidance and concerns over manufacturing issues and future supply shortages (even after it reported an earnings beat). [image]
Reuters
Intel says it struggled to satisfy demand for its server chips used in AI data centers, and forecasts Q1 2026 revenue and profit below market estimates
Intel (INTC.O) said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue …
2026-01-20
Ben Affleck also went off on AI in Hollywood: ▫️LLM fim script outputs are mid ("by its nature, [the models go] to the mean, the average") ▫️but they are useful tools for research ▫️doesn't think it'll ever make a film whole cloth ▫️it's a tool just like VFX and will be useful [video]
Variety
On Joe Rogan's JRE, Matt Damon and Ben Affleck discuss Hollywood and AI; Damon says Netflix wants movies to restate the plot because viewers are on their phones
2026-01-19
OpenAI CFO shared new financials for the startup and revenue is almost directly correlated to compute. Revenue for 2025 hit $20B+, a 3x increase from 2024 ($6B) and 10x since 2023 ($2B). Compute at end 2025 was 1.9GW, a 3x increase from 2024 (0.6GW) and 9.5x since 2023 (0.2GW). [image]
OpenAI
OpenAI CFO Sarah Friar says the company's compute grew from 0.2 GW in 2023 to ~1.9 GW in 2025 and its annualized revenue grew from $2B in 2023 to $20B+ in 2025
We launched ChatGPT as a research preview to understand what would happen if we put frontier intelligence directly in people's hands.
Ben Affleck also went off on AI in Hollywood: ▫️LLM fim script outputs are mid ("by its nature, [the models go] to the mean, the average") ▫️but they are useful tools for research ▫️doesn't think it'll ever make a film whole cloth ▫️it's a tool just like VFX and will be useful [video]
Variety
On Joe Rogan's JRE, Matt Damon and Ben Affleck discuss Hollywood and AI; Damon says Netflix wants movies to restate the plot because viewers are on their phones
Matt Damon and Ben Affleck recently appeared on the “Joe Rogan Experience” to promote their new Netflix film “The Rip,” …
2026-01-15
Other than two consulting firms — Deloitte (470,000 employees) and Cognizant (300,000) — Microsoft is probably Anthropic's largest customer. [image]
The Information