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Nov 11, 2026
Anthropic IPO Targets $1.4 Trillion Valuation, $64 Billion Raise
Anthropic set a $70 to $78 share price range for its IPO, valuing the Claude maker at roughly $1.4 trillion on a fully diluted basis. The offering could raise up to $64 billion, with Amazon and Google holding the biggest paper gains. Trading is expected to start November 19 under the ticker ANT.
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Nov 11, 2026
OpenAI Acquires Odessia, an AI Travel Agent, From Sonder's Founder
OpenAI acquired Odessia, an AI travel agent startup founded by Sonder co-founder Francis Davidson, the companies announced Monday. Built in five months by eight people using GPT-5.5 and Codex, Odessia had processed over $60 million in annualized travel bookings before being shut down as part of the deal. The acquisition signals OpenAI's ambition to move beyond simply referring users to Booking.com and Expedia.
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Nov 11, 2026
OpenAI Q3 Revenue Hits $10 Billion as Enterprise Business Doubles
OpenAI's Q3 2026 revenue rose roughly 50% quarter-over-quarter to $10 billion, CFO Sarah Friar told investors. The enterprise business doubled, reaching a 50/50 revenue split with consumer, while operating losses widened to $10.9 billion. Anthropic's Q3 revenue came in at $17 billion with nearly identical growth rates, marking the first time the two AI labs are growing at the same pace.
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