For well over a decade, Amazon has been promising that the future of shopping would arrive from above. Now, after years of regulatory battles, technical setbacks and relatively small delivery numbers, Amazon boss Jeff Bezos' vision is finally beginning to look less like science fiction.

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Anthropic's preliminary second-quarter results reignited enthusiasm across the artificial intelligence sector, lifting semiconductor stocks 1% on Monday despite broader tech sector declines. Q2 revenue topped $11.5 billion — a 14x surge year-over-year and more than 2x last quarter's figures.

Amazon and SpaceX are the two biggest winners from Anthropic's growth, with the AI company's annualized revenue run rate hitting $65 billion in July 2026, up roughly 600% year over year. Anthropic has committed $100 billion to Amazon cloud services over 10 years and pays SpaceX about $1.25 billion a month for compute capacity through 2029.

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Secondary markets are pricing the Anthropic IPO at $2 trillion. The maker of the Claude large language model has submitted its confidential S-1 form to the SEC, a key step ahead of going public.