Anthropic’s IPO prospectus shows sweeping AI vision and surging costs

Anthropic is making a massive bet that AI will ​transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters. But the cost to get there will be staggering. ‌Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus. The prospectus details how the company has grown sharply in the last year — while also posting wider losses. Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost…

Trump administration’s Department of Education scraps Biden-era Title IX rules

President Trump’s Department of Education announced Monday that it has scrapped Biden-era Title IX rules that strengthened protections based on sexual orientation and gender identity at schools and universities that receive federal funding. The rules formally rescind regulations put in place by the Biden administration that also expanded the definition…

Senate passes Protect College Sports Act to regulate transfers,  paying athletes

WASHINGTON — The Senate overwhelmingly passed a sweeping bill regulating college sports Monday, bringing Congress closer than ever before to enacting national standards around where — and for how much — intercollegiate athletes play. The bipartisan Protect College Sports Act, approved in a 77-22 vote, grants the National Collegiate Athletic…

Lane Kiffin’s ex-wife Layla makes USC allegiance clear amid LSU chapter

The USC Trojans football team doesn’t face the LSU Tigers this season. If they did, the Kiffin family might have to make some tough choices. This is because LSU coach Lane Kiffin’s youngest daughter Presley is a freshman in college and currently plays volleyball for USC. Lane Kiffin’s ex-wife, Layla,…

Sydney Sweeney Slays in a Black Bra and Matching Lacy Underwear

Sydney Sweeney knows how to take the perfect lingerie pic — and while apparently finding a way to pay homage to her serious boyfriend, Scooter Braun. Sweeney, 29, showed off her curves while modeling a black bra and matching underwear in a new launch for her lingerie brand, Syrn, on…

Rams get mixed bag update on Jaylen Watson after scary shoulder injury

The Los Angeles Rams avoided the worst-case scenario with starting cornerback Jaylen Watson, but they are still going to be without him for an extended period of time.   Rams head coach Sean McVay revealed Monday that Watson suffered a dislocated right shoulder late in the first half of Sunday night’s…

Target pulls ‘offensive’ Halloween costume from stores

Target has apologized for a circus clown Halloween costume that critics accused of evoking Blackface and 19th-century minstrel shows following online backlash. The costume was sold as the “Kids’ Glows Under ‌Blacklight Circus Clown Halloween Costume,” according to the since-deleted listing. The costume was sold as part of the retailer’s seasonal Hyde and…

NYCFC keeping Nicolás Fernández Mercau despite transfer rumors

Rumors have continued to swirl around New York City FC star Nicolás Fernández Mercau regarding his future with the club.  But with a little more than a week left in the MLS summer transfer window, Fernández Mercau is expected to remain with NYCFC barring a massive last-second offer, a source…

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