Anthropic Eyes $2 Trillion IPO to Top SpaceX Record

■AI PRISM [Startup News] Anthropic to File for Listing Later This Month App Exploit Exposes Data of 460,000 Users, Highlighting API Security Blind Spot China Ships 40,000 Humanoid Robots in First Half, 97% of Global Total

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By An Hye-ji, Intern Reporterjessi2014@sedaily.com
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null - Seoul Economic Daily Finance News from South Korea

▲ AI PRISM* Personalized Economic Briefing

* Editor's note: AI PRISM (Personalized Report & Insight Summarizing Media) is an AI-based personalized news recommendation and summary service developed with support from the Korea Press Foundation. It selects and provides six tailored news items for each reader type.

[Key Issue Briefing]

■ AI Listing Race: Anthropic will publicly file its registration statement later this month, aiming to break the record for the largest IPO fundraising ever, a mark set by SpaceX. With an enterprise-focused revenue structure underpinning steep growth, observers say its fundraising could surpass that of SpaceX.

■ API Security Gap: The application programming interface (API), the channel through which websites and mobile apps exchange information with servers, has emerged as a blind spot in personal data security. Because attackers exploit normal usage procedures rather than seizing control of servers directly, some point out that such attacks are difficult to detect with existing security systems.

■ China's Robot Commercialization: Chinese humanoid robots have entered a stage of large-scale commercialization, being deployed in earnest at industrial sites on the back of mass-production systems. Unlike the past, when robots were limited to acrobatic-level demonstrations, machines performing actual tasks have appeared in large numbers, and their technological level is rising rapidly as well.

[News of Interest to Startup Founders]

1. Anthropic, Valued at $2 Trillion, to File for IPO This Month: Will It Become a Bigger Cash Magnet Than SpaceX?

- Key summary: Anthropic, an artificial intelligence (AI) model developer, will publicly file its IPO registration statement later this month. Anthropic's management and existing investors value the company at $2 trillion (about 2,769 trillion won) after listing, expecting it to surpass SpaceX, which set the record for the largest IPO ever by raising $75 billion at a $1.77 trillion valuation in June. Anthropic's second-quarter revenue this year was $11.5 billion, up 14.6-fold from a year earlier. It also posted its first-ever profit since founding, with an adjusted operating profit of $559 million, and its annualized revenue reached $65 billion as of the end of July, seven times higher than at the end of last year. However, because it does not operate its own AI data centers, it faces the infrastructure challenge of having to secure computing capacity externally.

2. [Exclusive] Data Stolen Through App Without Hacking the Server: A Hole in "API Security"

- Key summary: The application programming interface (API) is emerging as a blind spot in personal data security. According to materials submitted by the Personal Information Protection Commission to the National Assembly, an unidentified attacker created an account on the Sampro TV mobile app early this month, logged in normally, and repeatedly called the API without authorization. In the process, the names, phone numbers, emails, addresses, account details and credit card information of about 460,000 integrated members were accessed without permission. In a report published in May this year by global security firm Akamai Technologies, 87% of 1,840 security experts across 10 countries said they had experienced an API-related security incident over the past year, with average damages of $700,000 per company. Yang Jong-heon, head of the integrated analysis division at S2W, stressed, "Damage can be reduced only by strengthening security training for developers and anomaly detection and monitoring, and by jointly inspecting the supply chain, including outsourcing vendors and the libraries in use."

3. Tank Inspection That Took a Month Now Done in Four Days: Why 97% of the World's Humanoids Are Chinese

- Key summary: China's humanoid robot shipments surpassed 40,000 units in the first half of this year, accounting for 97% of the global total. The China Humanoid Robot Society of 100, under the Chinese Institute of Electronics, assessed in a report presented at the World Robot Conference (WRC) in Beijing that Chinese robots are being deployed in earnest at industrial sites on the back of mass-production systems. Robotplus, a startup based in Zhejiang Province, unveiled a robot that climbs steel walls using magnets to inspect welds for defects, saying it can complete the inspection of a 3,000-cubic-meter spherical tank — which used to take a person about a month — in just four days. Deep Robotics presented DR02, an industrial humanoid that operates in extreme environments ranging from minus 20 to 55 degrees Celsius. Wang Xingxing, founder of Unitree, predicted that a humanoid "ChatGPT moment" would arrive when robots can perform about 80% of a given task in unfamiliar environments, and said this turning point could come within two to three years at the earliest.

4. Adobe Firefly Officially Launches Music and Sound Effect Generation Features

- Key summary: Adobe's generative AI product Firefly has officially launched audio features that create music, voice and sound effects. Music generation uses the Firefly Music model to create original tracks matched to the length and mood of the user's video, and it comes with a general license so it can be used without concern over takedowns due to copyright violations. Voice generation converts scripts into natural-sounding speech and allows fine control over the voice, speaking speed and emotion, with a choice between the Adobe Firefly Speech model and the ElevenLabs model. Adobe also newly added Gemini Omni Flash to its Firefly partner models, allowing users to tap Google's AI model within Firefly, in addition to Kling AI, Luma AI, OpenAI and Runway.

null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea
null - Seoul Economic Daily Finance News from South Korea

Original reporting by An Hye-ji, Intern Reporter for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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