Anthropic IPO orders reportedly exceed available shares multiple times over

Bloomberg reported that investors submitted purchase orders several times exceeding the number of shares available in Anthropic’s initial public offering, based on people familiar with the order book. Meanwhile, Reuters cited Vanda Research estimates that the stock could draw about $250 million in net retail investor purchases on its anticipated first day of trading on November 19.

OpenAI closes $11 billion funding round

News reports indicated that OpenAI has closed an initial tranche of approximately $11 billion in its latest funding round at an implied company valuation of $1.25 trillion. This initial close represents a tangible development beyond previous investment commitments, although the full list of investors and details on voting rights and capital distribution for infrastructure projects have not been disclosed.

Bloomberg launches BQuant Assistant coding tool for financial analysis

Bloomberg has announced the launch of BQuant Assistant, an AI-powered conversational programming interface integrated into BQuant Desktop and BQuant Enterprise for Bloomberg Terminal subscribers. The assistant enables natural language commands to write Python code, generate Bloomberg query language requests, and build charts across more than 22,000 financial fields.

Apple and LG to launch smart home devices

Apple and LG are collaborating to develop an innovative lineup of smart home products, including advanced cameras, locks, and thermostats. This move coincides with intensive preparations to relaunch the HomeKit platform and introduce a new centralized control hub.