Connect with us

News

Anthropic’s annualized revenue surges to $65B

info

Published

on

GettyImages 2278736523.jpeg

Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Monday, up from $47 billion in May and just $9 billion at the end of last year.

Anthropic didn’t immediately respond to our request for comment.

The company’s investors expect it to continue to grow at approximately the same rate for the remainder of the year, finishing 2026 between $100 billion and $120 billion, the Financial Times reported.

Meanwhile, rival OpenAI has doubled its revenue to $40 billion, up from $20 billion at the end of 2025, Bloomberg reported last week.

The two companies may calculate their revenue metrics differently, but Anthropic’s growth rate has captivated investors far more than OpenAI’s has.

Both companies have filed confidential IPO paperwork. Anthropic is expected to hit the public markets ahead of OpenAI — possibly as soon as this fall. Anthropic will be seeking a public valuation of $2 trillion or more, according to the Financial Times, which would make it the largest market debut on record.

Anthropic was last valued at $965 billion in late May, when it raised a $65 billion round.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

EFCC Commences Investigations of Suspect,   $73,000,  £15,957 & 827,800 SAR Intercepted at Kano Airport  

info

Published

on

By

J8PBOfFl 400x400.jpg

The Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has commenced investigation of a suspect, Haruna Yusuf  and multiple undeclared foreign currencies, ,   $73,000( Seventy Three United States Dollar)  £15,957 ( Fifteen Thousand, Nine Hundred and Fifty Seven Pound Sterling) & 827,800 Saudi Riyal  intercepted by the Nigeria Customs Service,  NCS,   at the Mallam Aminu Kano International Airport,  MAKIA.

The investigation commenced after  the handover  of the suspect and the undeclared currencies by the Acting Customs Area Comptroller of the Kano/Jigawa Command,  Deputy Comptroller U. U.  Adamu at the Customs Area Command in Kano.
The intercepted currencies, which exceeded the legally permitted threshold, were discovered during routine primary and secondary screenings of arriving passengers between August 8 and August 12, 2026.

The Acting Zonal Director of the EFCC,  Kano Directorate, Assistant Commander of the EFCC, ACE1 Friday S. Ebelo, received the suspect and the recovered funds on behalf of the Commission.
According to Adamu,  the Customs made two separate interceptions.
On August 8,  2026,  “at approximately 14:20 hours, officers conducting passenger screening at the baggage seat of MAKIA intercepted an unaccompanied Saudi Air luggage  containing 827,800 Saudi Riyals and $53,300  The currencies were found concealed inside a footwear.” Adamu stated.
Similarly, on  August 12, 2026 “at approximately 13:50 hours, officers of the Nigerian Custom Service also flagged a luggage belonging to one Mr. Haruna Yusuf, who arrived at MAKIA on board Ethiopian Airlines flight ET941. During secondary screening using Non-Intrusive Inspection Technology, $20,000 USD and £15,957  were found concealed inside sportswear shoes”, he said.
Adamu thereafter formally handed over the suspect, Mr. Haruna Yusuf, alongside all recovered exhibits to Ebelo for further investigation and prosecution.   He noted that the handover was in accordance with Section 4(f) of the NCS Act 2023, which empowers the Service to collaborate with other border regulatory agencies.
Adamu further explained that,  “these interceptions demonstrate the readiness and vigilance of our officers in detecting cross-border movement of undeclared foreign currencies above the allowed threshold.  The Command will continue to deploy technology, professional expertise, and intelligence-driven measures, including inter-agency collaboration to strengthen border controls and protect the integrity of Nigeria’s financial systems.”

Receiving the suspect and exhibits on behalf of the Executive Chairman of the EFCC, Mr. Ola Olukoyede,  Ebelo  expressed profound gratitude to the Customs Service for its  professionalism and cooperation with EFCC officers recently deployed to the airport.
“We must sustain this vigilance at all our entry points to counter the illegal movement of currency. The failure to declare large sums of currency and its equivalent is a violation of the Money Laundering (Prevention and Prohibition) Act, 2022,” he said.
He  urged the public to comply with the law, emphasizing that declaring currency attracts no penalty, only the source of undeclared funds may raise legal concerns.
“Once more, we call on the general public: as much as we are Nigerians and we encourage trade in and out of the country, people must adhere to the laws of the land. You must declare the currency you are carrying. If you declare it, nobody will seize your currency,” he said.
Ebelo reaffirmed the EFCC’s commitment to  thorough investigations and prosecution, stating that the Commission would continue to follow the law diligently
Both Ebelo and Adamu applauded the longstanding synergy between  the EFCC and NCS which has been critical to combating financial crimes and illegal cash movement across Nigeria’s borders.

Continue Reading

News

Akor Adams Sets Early Serie A Mark, Tracks Nigeria’s Greats’ Scoring Records

info

Published

on

By

WhatsApp Image 2026 08 17 at 5.13.15 PM.jpeg

Akor Adams could hardly have imagined a more impressive introduction to Italian football.

On a night when Venezia required inspiration, the Super Eagles striker delivered in emphatic fashion, scoring twice and providing an assist as his new club came from 2–1 down to defeat Modena 3–2 in the Coppa Italia.

Read Also: Osimhen Arsenal Move: The Only Stumbling Block Traveled as EPL Dream Hangs in Balance | Sports247 Nigeria

It was more than a debut.

It was a statement.

Adams, who arrived from Sevilla in a reported €16 million deal that could rise with add-ons, demonstrated why Venezia identified him as a key figure in their plans ahead of their return to Serie A.

The Nigerian opened the scoring in the 26th minute before Modena turned the match around. However, rather than fade from the contest, Adams remained central to Venezia’s response.

He later set up John Yeboah for the equaliser before completing the comeback himself with a second goal in the 85th minute.

In total, Adams contributed directly to all three Venezia goals.

A highly encouraging introduction to Italian football.

Adams Has Already Sent a Warning

While the Coppa Italia is not Serie A, the performance has immediately heightened expectations regarding what Adams could deliver once the league campaign begins.

The 26-year-old arrives in Italy with a point to prove.

Having previously played in Norway, France and Spain, his move to Venezia represents another opportunity to establish himself in one of Europe’s most competitive leagues.

There is also a compelling narrative developing.

Adams is not merely beginning a new chapter; he is joining a distinguished line of Nigerian forwards who have left their mark on Serie A.

The benchmarks are significant.

The Nigerian Serie A Record Adams Is Chasing

For many years, Obafemi Martins set the standard for Nigerian strikers in Italy.

The former Inter Milan forward scored 28 Serie A goals in 88 appearances, establishing himself as one of the country’s most effective attackers in the competition.

Simy Nwankwo later surpassed that tally, finishing his Serie A career with 31 goals in 101 appearances. His standout campaign came in 2020/21, when he scored 19 league goals for Crotone despite the club’s relegation.

Victor Osimhen then redefined the record entirely.

The Napoli striker registered 65 Serie A goals in 108 appearances, becoming Nigeria’s all-time leading scorer in the Italian top flight.

Adams therefore faces a considerable challenge.

However, every record begins with a first goal.

He has already scored two—before even making his Serie A debut.

The Numbers Nigerian Strikers Left Behind

Nigeria’s leading Serie A scorers include:

Victor Osimhen — 65 goals

Simy Nwankwo — 31 goals

Obafemi Martins — 28 goals

Stephen Makinwa — 16 goals

Victor Obinna — 14 goals

These figures highlight the scale of the task ahead for Adams.

There is, however, a more immediate benchmark within reach.

Before Simy’s 19-goal season, Martins’ 11 goals in the 2004/05 campaign stood as the highest single-season tally by a Nigerian in Serie A. Simy later raised that standard to 19.

That may represent Adams’ first realistic target.

Beyond that lies progression: double figures, then 15, and potentially beyond.

Why Adams Could Be Different

Adams offers an intriguing profile for Venezia.

He combines physical presence and aerial strength with the ability to operate effectively inside the penalty area. His debut against Modena also suggested he can contribute beyond finishing.

His assist for Yeboah demonstrated creative awareness, while his two goals underlined the clinical edge Venezia will rely on from their leading striker.

Such versatility could prove valuable in Serie A, where forwards are often required to operate against disciplined defensive structures and experienced centre-backs.

Early indications are promising.

However, the true test will come with the demands of weekly Serie A competition.

From Debut Impact to Serie A Consistency

There is always a risk of overinterpretation following a standout cup performance.

Adams will be aware of that reality.

One exceptional performance can announce a striker; sustained consistency defines him.

For now, though, the Nigerian has given Venezia supporters exactly what they hoped for: goals, energy, and a glimpse of his potential.

A broader narrative is also emerging.

His progress in Italy will inevitably be measured against the standards set by Martins, Simy, and particularly Osimhen.

The record remains distant.

But after a debut featuring two goals, an assist, and a decisive role in a 3–2 comeback victory, Akor Adams has made an early and convincing statement.

Serie A now has another Nigerian striker to follow closely.

Continue Reading

Trending