Signal: The measurements keep failing -- saturated benchmarks, half-done finance work, rejected papers -- while the money posts its first profit and the borders harden.
Anthropic's second Risk Report moves catastrophic-misalignment risk from 'very low' to 'low' citing its models' own cyber incidents, and discloses an unreleased internal model, Model 2, stronger than Mythos 5, that it has no plans to ship.
Documents shown to IPO investors put Anthropic's preliminary Q2 revenue above $11.5bn against $787m a year earlier, with positive adjusted operating income -- the first hard profitability figure the company has let out, and it is preliminary.
A State Department draft reviewed by Reuters warns Pax Silica signatories -- Japan, Australia, South Korea and Kazakhstan among them -- that joining China's rival WAICO framework costs them the US-led AI supply chain.
OpenAI has cut GPT-5.6 Luna by 80% and Anthropic launched Opus 5 at half Fable 5's price -- token prices from US labs are down almost a quarter since mid-July as DoorDash and Airbnb move workloads to Chinese models.
