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Business

Funding rounds, IPOs, acquisitions, and the business stories moving the global tech industry.

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How Anthropic makes money: the 2026 revenue breakdown

Anthropic is on track for $6.5 billion in revenue this year, more than tripling from 2025. Almost all of it comes from three products. Here's the breakdown, including the line that's quietly grown faster than ChatGPT Enterprise.

Faizan Khan·June 16, 2026·6 min read

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Business

Pakistan and MENAP tech layoffs this week: the May 22, 2026 roundup

What our Layoffs Tracker says about the past 30 days: a 320-person engineering cut in Karachi, three MENAP regional consolidations, and a quiet hiring boom in the segment nobody is reporting on.

Faizan Khan·May 22, 2026·6 min

Business

How OpenAI makes money: the 2026 revenue breakdown

OpenAI is on track to clear $20 billion in revenue this year, up from $11 billion in 2025. Almost all of it comes from four products. Here's the breakdown, including the segment that's quietly growing 4x faster than ChatGPT.

Faizan Khan·May 9, 2026·6 min

A modern logistics terminal with shipping containers stacked under late-afternoon light, viewed from above.

Business

Careem co-founders raise $40M for AI logistics platform serving MENAP corridor

Mudassir Sheikha and Magnus Olsson's new venture, Atlas, will route freight across the UAE-Saudi-Pakistan trade lane using fleet-level AI dispatch. Sequoia leads, with participation from STV and Aramco Ventures.

Faizan Khan·May 6, 2026·3 min

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