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Sunrise Update · Oct. 26

A text from Dad: what’s happening in ai rn? The reply: Anthropic's IPO Filing Could Reveal an $80.7 Billion Loss

The boy says: CLAUDE'S COMPANY LOST $80 BILLION THIS YEAR.

The boy from AI Lately's Sunday Funnies, in glasses, a white T-shirt and black shorts: both hands up, brows high, a small round mouth.

Monday, Oct. 26, 2026 · Sunrise Update

Anthropic's IPO Filing Could Reveal an $80.7 Billion Loss

Leaked numbers show a huge loss before Anthropic's public offering papers land today.

Number 1, Reddit thread

r/singularity u/141_1337

Oct. 26 · 4:18 a.m. ET

Anthropic Nears IPO Reveal, Reports $80.7 Billion Loss

u/141_1337 postedClaude maker Anthropic could reveal its finances to the public as early as today ahead of a potential $1.5 trillion stock market debut
11 comments
Comments, r/singularity thread
On Reddit
303 likes
Likes, @kimmonismus's post on the filing
Beyond Reddit
71 replies
Replies, @kimmonismus's post on the filing
Beyond Reddit

The takeaway

Anthropic's leaked S-1 shows an $80.7 billion loss ahead of its public filing.

Number 2, Lab post · xAI

Grok Imagine @imagine

Oct. 23 · 3:23 p.m. ET

Grok's AI-Made Odyssey Episode Draws Mockery Online

@imagine wroteWatch Episode 1 of our Odyssey series made with Grok Imagine.
20.2K
Likes, Grok Imagine's post
On X
2,398 replies
Replies, Grok Imagine's post
On X
$625.4 million
Domestic box office, Christopher Nolan's The Odyssey
Beyond X

The takeaway

Grok's AI-made Odyssey clip drew huge reach and harsh reviews at once.

Number 3, Reddit thread

r/artificial u/andrewaltair

Oct. 26 · 4:47 a.m. ET

Elvis Estate Sues Anthropic Over 274 Songs

u/andrewaltair postedElvis rights holders sue Anthropic over 274 compositions
6 comments
Comments, r/artificial thread
On Reddit
274 songs
Songs named in the complaint
Beyond Reddit
$150,000
Damages sought per song, per the complaint
Beyond Reddit

The takeaway

Elvis Presley's rights holders sue Anthropic over 274 songs used in training.

Number 4, Reddit thread

r/ClaudeAI u/nixiewright

Oct. 26 · 5:34 a.m. ET

Reddit Compares AI Coding to Kasparov's Chess Era

u/nixiewright postedSenior devs are in their Kasparov era
38 comments
Comments, r/ClaudeAI thread
On Reddit
1997
Year Deep Blue defeated Garry Kasparov
Beyond Reddit
2005
Year of the freestyle chess tournament amateurs won
Beyond Reddit

The takeaway

A chess history parallel asks how long senior coders still add value over AI.

Number 5, Reddit thread

r/LocalLLaMA u/MundanePercentage674

Oct. 26 · 2:06 a.m. ET

Stanford, Berkeley Speed Up AI Prefill 11 Times

u/MundanePercentage674 wrotei hope it's real
13 comments
Comments, r/LocalLLaMA thread
On Reddit
11.3x faster
Fastest reported prefill speedup
Beyond Reddit
3.4x lower
Largest reported peak memory reduction
Beyond Reddit

The takeaway

A new Stanford and Berkeley method claims to speed up long-prompt AI by 11 times.

You're caught up

That's AI right now.

The posts that drew the most attention in the 6 hours before 6:07 a.m. ET.

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A text from Dad: what’s happening in ai rn? The reply: Anthropic's IPO Filing Could Reveal an $80.7 Billion Loss

Six times a day: what blew up in AI on X and Reddit, why it caught fire, and what it says about the people building AI.

The boy says: CLAUDE'S COMPANY LOST $80 BILLION THIS YEAR.

The boy from AI Lately's Sunday Funnies, in glasses, a white T-shirt and black shorts: both hands up, brows high, a small round mouth.

Sunrise Update, 6:07 a.m. ETCovers 12:07 a.m. to 6:07 a.m. ET

An earlier update. Read the latest

Anthropic's IPO Filing Could Reveal an $80.7 Billion Loss

Leaked numbers show a huge loss before Anthropic's public offering papers land today.

Published 6:07 a.m. ET by AI Lately

Next update in--:--:--Four updates a day, six hours apart

AI RN shows each X post as plain text. X's script loads only when you ask.

Number 1

Reddit thread

Anthropic Nears IPO Reveal, Reports $80.7 Billion Loss

r/singularity u/141_1337Posted

r/singularityu/141_1337

Claude maker Anthropic could reveal its finances to the public as early as today ahead of a potential $1.5 trillion stock market debut

Open on Reddit (opens a new tab)

By the numbers

Comments, r/singularity thread
11 comments
On Reddit
As of
Comments, r/singularity thread: Source: Reddit
Likes, @kimmonismus's post on the filing
303 likes
Beyond Reddit
As of
Likes, @kimmonismus's post on the filing: Source: X public data
Replies, @kimmonismus's post on the filing
71 replies
Beyond Reddit
As of
Replies, @kimmonismus's post on the filing: Source: X public data
Wikipedia pageviews, Anthropic, Oct. 25
5,285 views
Beyond Reddit
As of
Wikipedia pageviews, Anthropic, Oct. 25: Source: Wikipedia pageviews
6 more numbers behind this take

The take

Anthropic could file its IPO papers today. IPO means a company's first sale of stock to the public. The filing itself is called an S-1.

An S-1 tells investors a company's money story. It lists revenue, losses and risks. Earlier leaks already showed rough numbers from an older draft.

That draft lists $16.3 billion in revenue for the first half of 2026. The same draft also lists an $80.7 billion loss. About $72 billion of that loss came from accounting rules tied to funding deals. Cash spent on daily work made up a smaller share of the total.

Anthropic still spent close to $9 billion on computing power in six months. Computing power runs the Claude chatbot. The company signed deals worth up to $750 billion for more of it.

Google alone is owed $111 billion under one deal. Amazon is owed $110 billion. Microsoft is owed $31 billion.

Investors once expected a $2 trillion listing. Some now talk about a $1.5 trillion valuation. That would still rank among the largest IPOs ever filed.

News of the coming filing spread fast on Reddit this morning. A poster linked a tweet from an AI watcher pointing at the story. Comments piled up within minutes.

Anthropic's own page draws steady traffic too. Readers checked its Wikipedia entry 5,285 times the day before this post went up.

The numbers tell a plain story about this industry. Anthropic spends far more than it earns right now. It still wants to sell shares to the public anyway. Investors seem ready to buy in despite the loss. That bet says the people funding AI still expect today's spending to pay off later. A public SEC filing would let any reader check the math. Right now most people read it only through leaks and secondhand reports.

What it says about the people in AI

Anthropic's leaked S-1 shows an $80.7 billion loss ahead of its public filing.

Sources

  1. Investing.com, citing The Wall Street Journal Anthropic revenue hits $16.3 billion as preliminary S-1 outlines IPO risks
  2. Dealroom Anthropic's draft S-1 reveals $16.3B revenue, $80.7B loss and up to $750B compute bill
  3. Yahoo Finance Some Anthropic Investors Now See a $1.5 Trillion IPO, Not $2 Trillion

Number 2

Lab postxAI

Grok's AI-Made Odyssey Episode Draws Mockery Online

Grok Imagine @imagine on XPosted

Grok Imagine@imagine

Watch Episode 1 of our Odyssey series made with Grok Imagine.

Let us know in the comments if you'd like a full breakdown of how it was done!

Creative collaboration with @WonderStudiosX and director Dev Walker @glumlot_ pic.twitter.com/xpgpkqSCpq

Open on X (opens a new tab)

By the numbers

Likes, Grok Imagine's post
20.2K
On X
As of
Likes, Grok Imagine's post: Source: X public data
Replies, Grok Imagine's post
2,398 replies
On X
As of
Replies, Grok Imagine's post: Source: X public data
Domestic box office, Christopher Nolan's The Odyssey
$625.4 million
Beyond X
As of
Domestic box office, Christopher Nolan's The Odyssey: Source: the-numbers.com
Wikipedia pageviews, xAI, Oct. 25
212 views
Beyond X
As of
Wikipedia pageviews, xAI, Oct. 25: Source: Wikipedia pageviews

The take

Grok Imagine posted the first episode of its own Odyssey. The Odyssey is an old Greek poem about a long sea voyage. Elon Musk had promised a full AI-made film of it.

This episode runs seven minutes. xAI built it with Wonder Studios and director Dev Walker. It shows the Greek fleet arriving at Troy.

Musk first made the promise back in July. He said the film would be historically accurate. Many months passed before any fresh word came.

Then the clip finally landed. The reaction turned harsh fast. Viewers called the footage flat and lifeless. Critics pointed at smooth, waxy faces and hair that barely moved. One review said every character on screen shared the same skin tone.

The post itself still did huge numbers. It pulled over 20,203 likes and nearly 2,398 replies. Fresh writeups kept landing through the weekend, days after the clip first went up.

The timing makes the comparison hard to skip. A real, human-made Odyssey movie, directed by Christopher Nolan, hit theaters this year too. That film earned $625.4 million just in the United States alone.

Grok's seven minutes drew mockery, apart from any ticket sales. The gap says something plain about where this technology stands. A company can generate a scene in days now, with zero camera crew, actors or set.

It still struggles to make viewers feel much watching it. Speed and realism remain two different skills. One frees up a schedule. The other wins an audience.

Musk still owes the internet a full-length film by year's end. This episode was meant to build excitement for that promise. It gave skeptics fresh fuel instead, right as his December deadline keeps closing in.

What it says about the people in AI

Grok's AI-made Odyssey clip drew huge reach and harsh reviews at once.

Sources

  1. Rolling Stone / inkl Elon Musk's AI-generated The Odyssey draws ridicule after first seven-minute episode released
  2. Greek City Times Musk's Grok Drops First AI 'Odyssey' Episode After Full-Film Promise

Number 3

Reddit thread

Elvis Estate Sues Anthropic Over 274 Songs

r/artificial u/andrewaltairPosted

r/artificialu/andrewaltair

Elvis rights holders sue Anthropic over 274 compositions

Open on Reddit (opens a new tab)

By the numbers

Comments, r/artificial thread
6 comments
On Reddit
As of
Comments, r/artificial thread: Source: Reddit
Songs named in the complaint
274 songs
Beyond Reddit
As of
Songs named in the complaint: Source: chatgptiseatingtheworld.com
Damages sought per song, per the complaint
$150,000
Beyond Reddit
As of
Damages sought per song, per the complaint: Source: chatgptiseatingtheworld.com
Damages sought, per the complaint
$41.1 million
Beyond Reddit
As of
Damages sought, per the complaint: Source: chatgptiseatingtheworld.com
1 more number behind this take

The take

Elvis Presley's music now sits inside a lawsuit against Anthropic. A group of rights holders filed the case in federal court on Oct. 23. The filing names ABG EPE IP LLC as a lead plaintiff.

The case lists 274 songs. Two of them are "Can't Help Falling in Love" and "Don't Be Cruel." The group says Anthropic copied the lyrics. It says Anthropic skipped the license that would have allowed it.

The group says Anthropic kept those lyrics in a permanent file. It says the company used that file to train its Claude models. It also says Claude wrote out copies of the songs. That happened even after Anthropic added guardrails meant to block it.

Guardrails are rules built into a model to stop certain outputs. The case says those rules came late, or worked only partway.

The suit asks for up to $150,000 per song. Add that up across 274 songs and the total reaches $41.1 million. The group also seeks separate damages under two more legal claims.

Anthropic denies all of it. The company said it will fight the case in full.

A Reddit post sharing the court filing picked up comments within an hour today. Elvis himself still draws real attention online. His Wikipedia page logged 10,709 views on Oct. 25 alone.

This case joins a long line of music suits against AI firms. Universal, Warner and other labels have filed similar claims elsewhere. Each one asks the same plain question. Does a company need permission before it feeds copyrighted lyrics into a model?

Courts have yet to settle that question. Estates like Presley's keep testing it anyway, one suit and one catalog at a time. Each new filing adds fresh pressure on labs racing to train bigger models on more text.

What it says about the people in AI

Elvis Presley's rights holders sue Anthropic over 274 songs used in training.

Sources

  1. NME Elvis Presley rightsholders sue AI company Anthropic over alleged copyright infringement of 274 songs
  2. Far Out Magazine Owners of Elvis Presley's music sue Anthropic for $41 million

Number 4

Reddit thread

Reddit Compares AI Coding to Kasparov's Chess Era

r/ClaudeAI u/nixiewrightPosted

r/ClaudeAIu/nixiewright

Senior devs are in their Kasparov era

Open on Reddit (opens a new tab)

By the numbers

Comments, r/ClaudeAI thread
38 comments
On Reddit
As of
Comments, r/ClaudeAI thread: Source: Reddit
Year Deep Blue defeated Garry Kasparov
1997
Beyond Reddit
As of
Year Deep Blue defeated Garry Kasparov: Source: en.wikipedia.org
Year of the freestyle chess tournament amateurs won
2005
Beyond Reddit
As of
Year of the freestyle chess tournament amateurs won: Source: en.wikipedia.org
Wikipedia pageviews, Garry Kasparov, Oct. 25
1,954 views
Beyond Reddit
As of
Wikipedia pageviews, Garry Kasparov, Oct. 25: Source: Wikipedia pageviews

The take

A Reddit post compares coders today to chess players in 1997. That year, IBM's Deep Blue beat world champion Garry Kasparov. Kasparov took the loss hard.

For years after, top players kept a line ready. Engines calculate, they said, but humans still understand the game better. Kasparov later built on that idea himself. He created Advanced Chess, where a human and an engine play as one team.

The pairing worked well for about a decade. Then engines improved further. Human input started making the team's moves worse, apart from better. Today, top players like Magnus Carlsen use engines only to train. Real contests stay among humans alone.

The poster draws a straight line to coding now. Engineers say an AI agent can write the code, but it still needs a senior steering it. Chess suggests that setup has a shelf life too.

One detail stands out from chess history. In a 2005 tournament, the winners were ordinary amateurs, apart from any grandmaster. They ran three regular computers. Their edge was a better process for guiding the engines, apart from raw skill.

The post pulled strong traffic on r/ClaudeAI today. It drew 38 comments within hours. Readers debated whether senior engineers still add real value, or just feel like they do.

Chess offers one more lesson here. The game kept a scoreboard, so players could measure exactly when a human's input started hurting. Software still lacks that kind of scoreboard today. A team might keep crediting a senior's judgment long after an agent alone would do just as well.

That gap matters more than any single tool used to write code. It is the real question the thread leaves open. Working engineers will keep answering it on their own teams, month after month.

What it says about the people in AI

A chess history parallel asks how long senior coders still add value over AI.

Sources

  1. Wikipedia Deep Blue versus Garry Kasparov
  2. Wikipedia Advanced Chess

Number 5

Reddit thread

Stanford, Berkeley Speed Up AI Prefill 11 Times

r/LocalLLaMA u/MundanePercentage674Posted

r/LocalLLaMAu/MundanePercentage674

Researchers from Stanford and UC Berkeley Introduce TokenGate: Token-Gated Attention Makes Long-Context Prefill Up to 11.3x Faster

“i hope it's real”

Open on Reddit (opens a new tab)

By the numbers

Comments, r/LocalLLaMA thread
13 comments
On Reddit
As of
Comments, r/LocalLLaMA thread: Source: Reddit
Fastest reported prefill speedup
11.3x faster
Beyond Reddit
As of
Fastest reported prefill speedup: Source: arXiv
Largest reported peak memory reduction
3.4x lower
Beyond Reddit
As of
Largest reported peak memory reduction: Source: arXiv
GitHub stars, token-gate-llms/TokenGate
48 stars
Beyond Reddit
As of
GitHub stars, token-gate-llms/TokenGate: Source: GitHub

The take

Stanford and UC Berkeley researchers built a tool called TokenGate. It speeds up a step called prefill. Prefill is when a model reads a long question before it answers.

Long prompts slow this step down a lot. TokenGate skips some of that work on purpose. Early layers in the model still read every word. After a set layer, the tool keeps only the most useful words and drops the rest.

A small scoring system decides which words stay. The team calls this token-gated attention. It gives the system a way to learn which words matter, through normal training.

The results look strong on paper. Prefill ran up to 11.3 times faster in tests. Peak memory use dropped by up to 3.4 times too. The team reports steady accuracy across its tests.

The tool also works on more than one kind of model. It extends plain transformer models like Qwen3. It also extends newer hybrid models like Qwen3.5.

A Reddit post sharing the paper drew quick attention on r/LocalLLaMA today. It pulled 13 comments within hours. One reply summed up the room's mood in four words: "i hope it's real."

That doubt makes sense. Local AI users have seen plenty of papers promise big speed gains. Those gains rarely showed up later in daily tools. The code for TokenGate sits on GitHub already. It remains a small, fresh project there, with just a handful of stars so far.

If the numbers hold up outside the lab, the payoff reaches past researchers. Faster prefill means someone running a model on home hardware waits less before an answer starts. A long document search could feel much snappier. A big codebase review could too. That gain would land well before any model itself gets smarter.

What it says about the people in AI

A new Stanford and Berkeley method claims to speed up long-prompt AI by 11 times.

Sources

  1. arXiv TokenGate: Adapting LLMs for Fast and Memory-Efficient Prefill with Learned Token Pruning
  2. GitHub token-gate-llms/TokenGate

That is AI right now.

The AI posts and threads that drew the most attention in the 6 hours before 6:07 a.m. ET. Newer updates wait in the archive.

Next update in--:--:--Four updates a day, six hours apart

Best ten in the markets

Gain since the previous close · Oct 26, 4:50 AM ET · Yahoo Finance

  1. 1CrowdStrike CRWD · Stock$257.57+8.25%
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  3. 3Micron MU · Stock$877.55+2.46%
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  5. 5Fidelity Select Software FSCSX · Fund$25.16+1.82%
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  10. 10TSMC TSM · Stock$418.51+1.49%

See the charts in MoneyA record of price, not investment advice.

More updates

All updates
  1. Thursday, Oct. 29, 2026

  2. Wednesday, Oct. 28, 2026

  3. Tuesday, Oct. 27, 2026

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