While one could argue about ARR revenue recognition practices, it’s difficult to dismiss the concrete reports from secondary markets and traditional media indicating that Anthropic—following its „miracle Q1“ with 80x annualized growth and a $15B one-month ARR surge—is now valued at $1.023T. This officially places it ahead of OpenAI, ranking it as the 11th–15th most valuable company globally. This chart reflects actual revenue, not financial speculation. All this, even as Block (40%), Coinbase (14%), and Cloudflare (20%) have carried out large-scale layoffs, each explicitly citing the need to prepare for AI. It’s difficult to determine how much of this represents „AI-washing“ of ordinary layoffs, but it’s evident that stronger companies like Linear are expanding—not contracting—thanks to AI. And naturally, the „AI“ boom has primarily benefited hardware and energy sectors, not software. With the expansion of AI and the contraction of non-AI sectors, the economy is heading toward dangerous levels of concentration that resemble bubble territory. AI News for May 7, 2026 – May 483, 2026. We examined 12 subreddits and 544 Twitter accounts, but found no additional Discords. AINews‘ website provides a search function for all previous editions. Just a heads-up: AINews is now part of Latent Space.
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