In today's edition: Anthropic IPO price arrives. Plus: Airbnb, Alta, CoreWeave, DoorDash, Google, Nvidia, Oura, OpenAI, Uber.

Anthropic has filed its S-1 as it prepares for an initial public offering. The registration statement discloses about $90.09 billion in committed spending on computing and infrastructure. Of that total, roughly $45.16 billion is slated to be invested before 2030.

The contracts are worth up to $10 billion. They cover the transport of equipment and infrastructure.

Fable 5.2 and Mythos 5.2 claim to offer superior performance at a lower cost, as the AI industry price wars rage on—and Anthropic barrels toward its IPO.

Elon Musk's net worth fell by another $79.7 billion in a single day on Thursday. Declines in Tesla and SpaceX both lagged the S&P 500, which gained 1.6%.

NRG fell 12% and Vistra dropped 15%. GE Vernova lost 10%. TD Cowen cut its projected probability of BAAJA passage to 25%.

An internal Q&A filed with the SEC tells DoorDash staff to stay unconnected until the deal closes, which could be mid-2028, to avoid antitrust trouble.

The company raised funds through convertible bonds and a $6.3 billion equipment financing agreement with Broadcom. Broadcom would bear part of the losses in the event of a default.

Revenue rose 47% quarter over quarter, below the 144% growth in the prior quarter. Operating expenses climbed to $17.5 billion. Operating loss came to $567 million.