gm.
midweek catch-up. five things that moved since monday.
the 5
1. anthropic shipped claude fable 5.
their most powerful public AI model yet. half the price of their previous top model. for context: stripe (the payments company) used early access to do a massive software rewrite in one day that would have taken their engineering team two months by hand. this comes about two weeks after anthropic raised $65 billion.
2. apollo and blackstone finalized $35 billion in chip financing for anthropic.
two of the biggest private credit firms on wall street just lined up $35 billion of debt to buy AI chips for anthropic. broadcom (the chip maker) is helping back the deal too. the bigger picture: regular equity money isn't enough to fund the AI buildout anymore. companies are borrowing tens of billions on top of their raises just to keep up.
3. apple announced new siri AI at WWDC (their annual developer conference).
finally answered the chatGPT question. siri can now pull from messages, emails, photos, and take actions across apps. apple also spent 12 minutes on parental controls, unusual for a keynote. reactions are mixed. people liked the parental controls. siri AI itself feels like apple finally playing catch-up rather than leading. and the open question: will iOS 27 actually let you use claude or gemini through siri, or are you locked into apple's version? still unclear.
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4. openai officially filed for IPO.
joins anthropic (filed last week) and spacex (filed last month). openai was last valued at $852 billion in march. the IPO pipeline is now worth $3.6 trillion across all three. filing is confidential, so no price or share count yet. three biggest IPOs of the decade, all queued at once.
5. used phone reseller up 3,660% in a single day.
inno holdings, a hong kong used phone company with $931k in quarterly revenue, signed a $3 million contract for an AI sales agent. the stock added $95 million in market cap, 31 times the deal's actual value. the company has done 3 reverse stock splits since 2024 just to stay listed on nasdaq. and weeks before the AI deal, got pre-approval to sell up to $60 million in new shares whenever they wanted. cash printer ready before the news dropped. the AI bubble isn't just in trillion-dollar names. it's everywhere.
heads up: spacex IPOs tomorrow.
see you monday.
not financial advice. aggregated community trends and commentary.