Anthropic’s annual revenue run rate rises above $65 billion, marking a striking acceleration for one of the biggest artificial-intelligence companies. The figure underscores how quickly demand for AI models and services is translating into commercial scale, and it reinforces the broader investor focus on which companies are turning the technology boom into large recurring sales.

Alphabet lines up banks for what would be its first Australian-dollar bond sale as it seeks funding for AI spending. The move puts the company alongside other major US tech firms tapping debt markets to finance data centers, chips and other infrastructure needed to support increasingly expensive artificial-intelligence development.

Norway’s sovereign wealth fund warns that AI-driven stock valuations may be outrunning company fundamentals and could end in a sharp market correction. The caution from one of the world’s largest investors adds weight to concerns that enthusiasm around artificial intelligence is lifting equity prices faster than earnings and cash flow can justify.

Uber partners with Zipline to bring drone deliveries to Uber Eats customers in the United States, with the first launches planned later this year. The companies say autonomous aircraft will give users a faster delivery option, extending the push to automate last-mile logistics and test whether drones can become a practical part of everyday food delivery.

Austria’s financial regulator fines Bitpanda €70,000 in what it calls the first published enforcement case under the European Union’s MiCA crypto rules. The case centers on breaches tied to crypto-asset white papers and required information in marketing communications, signaling that the bloc’s new framework is moving from rulemaking into active supervision.

A new economic warning says threatened US tariffs could weaken Canada’s hand as the North American trade pact known as CUSMA comes up for renegotiation. The concern is that added trade pressure from Washington may reduce Ottawa’s leverage at a sensitive moment for cross-border manufacturing, exports and supply-chain planning.

Tamil Nadu expands farm debt relief by announcing a full waiver of crop loans up to ₹75,000, along with additional assistance for larger loan amounts. The state says it is allocating ₹953.06 crore for the measure, framing it as support for farmers facing financial strain and a boost to rural households.

Dhoot Transmission makes a strong stock market debut, listing at roughly a 38% premium to its IPO price before shares ease from early highs. The opening suggests solid investor demand for the issue, even as the subsequent pullback shows some profit-taking after the initial surge in trading.