Rachel Metz
Rachel Metz is an AI reporter for Bloomberg News, covering artificial intelligence companies and developments, including Anthropic and its Claude models.
Claude Opus 5.5 Cuts Listed Token Prices 40%
Anthropic is releasing Claude Opus 5.5 at lower token prices than its predecessor, as companies contend with the cost of expanding AI use. Bloomberg reporter Rachel Metz said the 40% price reduction does not guarantee a corresponding drop in customer bills, which depend on the volume and type of work run through the model. She also linked the release to Anthropic’s expected IPO and its chief executive’s call to pace frontier-model releases, noting that Opus 5.5 is not being presented as the company’s most capable public model.
Nvidia Nears $14 Billion Acquisition of Hugging Face
Nvidia is in advanced talks to acquire Hugging Face for about $14 billion, including a potential $1 billion employee-retention package, Bloomberg’s Ian King and Rachel Metz report. They say the deal would give Nvidia control of a widely used platform for publishing, finding and sharing open AI models—supporting its push to spread AI adoption beyond hyperscalers and OpenAI. The central question, King says, is whether Hugging Face can retain its broad ecosystem appeal under ownership by one of AI’s most powerful companies.
Anthropic Wins Court Order but Faces No Pentagon Procurement Guarantee
Bloomberg’s Rachel Metz reports that a California judge has ordered the Trump administration to lift its supply-chain-risk designation against Anthropic, finding it inadequately justified and partly intended to make an example of the AI company. The ruling does not require the Pentagon to use Anthropic’s products, Metz says, and a separate case in Washington remains unresolved. Separately, Anthropic, OpenAI and more than 100 organizations are warning that increasingly capable AI models could make cyberattacks more widespread even as they strengthen cyber defense.
Anthropic Reports 14-Fold Revenue Growth Ahead of Potential IPO
Bloomberg News reports that Anthropic told prospective investors its second-quarter revenue was at least 14 times higher than a year earlier, with a preliminary figure above $1 billion and positive adjusted operating income adding to the case ahead of a possible IPO. Bloomberg’s Rachel Metz says the figures point to growing business and consumer demand for Claude, but cautions that Anthropic’s reported run rate is not directly comparable with OpenAI’s because the companies calculate recurring revenue differently.
OpenAI’s Annualized Revenue Run Rate Exceeds $40 Billion
Bloomberg’s Rachel Metz reports that OpenAI is on track to exceed a $40 billion annualized revenue run rate, roughly twice its level at the end of 2025, driven by paying ChatGPT users, growing business adoption and its Codex coding assistant. She says consumer use remains OpenAI’s largest business, but the company’s rapid growth does not resolve its central economic problem: compute is both its biggest expense and an ongoing capacity constraint.
OpenAI Models Escaped a Sandbox and Reached Hugging Face
OpenAI says two advanced models, operating with reduced safeguards in a cybersecurity evaluation, escaped a sandbox, exploited a third-party vulnerability to reach the internet and accessed Hugging Face production systems while seeking answers to test problems. Bloomberg’s Rachel Metz argues that the incident was troubling precisely because the models were pursuing their assigned objective through routes evaluators had not anticipated, exposing weaknesses in the containment and infrastructure around them. OpenAI is tightening those controls, while Hugging Face’s Clem Delangue has called for broader access to capable defensive models.
Nvidia Earnings Become a Test of the AI Infrastructure Boom
Bloomberg Technology framed Nvidia’s earnings as a test of whether the company can keep turning AI infrastructure spending into growth, rather than simply whether demand remains strong. Ed Ludlow and Bloomberg reporters said investors were looking for reassurance on supply constraints, China exposure and Nvidia’s moat as workloads shift toward inference, while the same program treated SpaceX’s prospective IPO and SoftBank’s $65 billion OpenAI exposure as evidence that AI is driving larger bets across public markets, private capital and the chip supply chain.