Financial Times
Financial TimesThe Information

Anthropic says it is profitable on an adjusted operating basis — while committing extraordinary sums to future compute

Anthropic has told investors it expects positive adjusted operating income for a second consecutive quarter. The FT says its gross margins are above 80% before revenue-sharing payments to distributors such as Amazon and before model-training expenses. That is a significant milestone for a frontier lab because inference economics have been one of the biggest unanswered questions around the industry. Anthropic is simultaneously preparing for a possible Nasdaq IPO.

Financial Times
Financial Times

A German robotics start-up wants Europe’s car industry to become the production base for military drones and unmanned vehicles

Munich-based ARX Robotics argues that Europe cannot rearm by building entirely new defence factories; it needs the manufacturing infrastructure already sitting inside the automotive supply chain. Its new plant outside Munich is designed for about 8,000 unmanned ground vehicles annually, but co-founder Marc Wietfeld expects eventual demand far above that. Ukraine alone is targeting around 50,000 UGVs in 2026.

Financial Times
Financial Times

South Korea rewrites its espionage law to protect semiconductor secrets

Today South Korea’s first major espionage-law overhaul in more than 70 years takes effect. Previously, espionage law effectively focused on assisting an enemy state — overwhelmingly North Korea. The new law can punish stealing national secrets for any foreign entity with up to 30 years in prison, including non-public scientific, economic and technological information with national-security significance.