Cloud infrastructure revenue rose 121% to $7.4bn and contracted backlog reached $664bn - against $28.5bn of capital spending in a single quarter, negative $5bn free cash flow, and a $20bn share sale to help pay for it.

Anthropic's own report says it banned accounts across seven harm areas - five biological cases including making a mosquito-borne disease more transmissible, and a Chinese municipal bureau profiling overseas activists - while saying it cannot assert the scientists intended harm.

Chatbot makers must now impose teen time limits, surface mental-health resources, notify parents when a minor disables safety settings, and pass independent child-safety audits - with legal liability attached, two years after Newsom vetoed a tougher AI bill.