Anthropic’s IPO prospectus shows CEO Dario Amodei received $18M in total compensation for 2025, largely in stock. President Daniela Amodei received $16.4M over the same period. Both executives had their annual salaries doubled to $1.4M in July. The company said it could go public as early as this autumn and that its valuation could exceed $2 trillion, after submitting a confidential listing application in June, according to Reuters.

OpenAI unveiled the GPT-6.1 Sol model, a $500 Pro plan and a faster Ultrafast tier at DevDay 2026. The company said its API maintained more than 99% reliability and cut time to first token by 45%. It also said its models have helped solve more than 100 maths problems that had been open for decades. OpenAI shelved the GPT-6.1 Astra update this week and did not provide an IPO timeline.

Anthropic has drafted IPO paperwork that would leave its seven cofounders with 50.1% of the company’s voting power after listing through a newly created entity called the Founder LLC, giving them outsized control over major decisions. The filing also details 2025 pay of nearly $18m for CEO Dario Amodei and $16.4m for president and board chair Daniela Amodei. All seven cofounders have pledged 80% of their Anthropic stakes to charity. Reuters reviewed the draft filing.

Meta has hired MongoDB chief executive Chirantan “CJ” Desai to lead sales for its enterprise AI platform, tasked with taking products such as Muse and other AI tools to business customers. Desai has spent about 11 months as MongoDB’s president and CEO, according to Business Insider. After the announcement, MongoDB shares fell as much as 27% intraday on Monday to a nearly two-month low. Meta shares climbed 11% last week as investors bet on its AI agent business.

Anthropic has released Claude Opus 5.5, pricing it at $4 per million input tokens and $20 per million output tokens, down 20% from Opus 5. The company said the model performs similarly to the more expensive Fable 5.1 on most tasks. It is Anthropic’s first model since CEO Dario Amodei called for third-party evaluations, which Article 55 of the EU AI Act has required in Europe since August 2025.

OpenAI is considering another private funding round before an IPO at a valuation of about $1.5tn, roughly double its most recent $730bn private valuation, according to reports. Investors have recently floated investing at a $1.2tn valuation, but OpenAI believes it should be valued at least $1.5tn. The company has held early discussions with large investors after completing a secondary share sale of about $7bn in August and raising $122bn in March.

AI startup Anthropic expects to post positive adjusted operating income for a second straight quarter. The company’s gross margins are above 80%, though the figure excludes partner revenue shares and model-training costs. Quarterly revenue topped $11.5bn last month, and annualised revenue reached $65bn in July, about seven times a year earlier, according to CNBC. Anthropic confidentially filed for an IPO in June, is planning a Nasdaq listing, and is finalising a $15bn revolving credit facility while targeting an offering that could match or exceed SpaceX’s $86.3bn record.

SoftBank Group shares in Tokyo fell as much as 13% on Monday, marking their biggest one-day drop since July. Bloomberg reported that the company secured an $11.87bn loan to fund its OpenAI investment, exceeding an earlier $10bn target. SoftBank is set to invest close to $65bn in OpenAI by October and has raised the equivalent of about $37bn from bonds and loans this year. The broader AI trade weakened as the Philadelphia semiconductor index slid more than 5% on Monday.

Digital bank Chime said it will acquire Stride Bank for $590m in cash after partnering with the lender for seven years, and plans to rename it Chime Bank. The company said it expects more than $100m in net synergies from the deal and raised its revenue outlook to $705m for the current quarter, about 30% higher year on year, with full-year guidance of $2.76bn to $2.77bn. The transaction still requires approval from the Office of the Comptroller of the Currency and the Federal Reserve.