Anthropic will disclose its third-quarter financial results to potential investors for the first time as it prepares for an initial public offering. The figures are set to be shared at a closed-door meeting with institutional investors. Interest in private AI companies\' financials has been affecting wider tech stocks after reports on OpenAI\'s revenue and accounting. Anthropic is reported to be pursuing a listing targeting a valuation of up to $2 trillion, while market conditions and interest rates remain a key variable.

The CEOs of Intel and Broadcom said funding and the cost of capital could become the biggest constraint on the AI industry, even as demand for computing infrastructure exceeds supply. Speaking at a conference in Singapore, they said increasingly advanced AI models require large sums for data centres, advanced chips and power infrastructure. They said near-term demand remains strong, but long-term growth depends on wider adoption and proven economic returns.