TOP STORY NEWS Anthropic Reports $17 Billion in Third-Quarter Revenue Ahead of Planned IPO AI company Anthropic has reached $17 billion in revenue for the third quarter as it prepares for an initial public offering. SOURCE STONNE
NEWS 15:31 Anthropic Reaches $17 Billion in Third-Quarter Revenue Ahead of IPO Amid $900 Billion in AI Spending Commitments Anthropic reported $17 billion in third-quarter revenue ahead of its initial public offering, alongside staggering AI spending commitments totaling $900 billion. STONNE 02
NEWS 14:57 Marvell to Acquire Lumentum in $115B All-Stock Transaction Marvell has announced plans to acquire Lumentum in a $115 billion all-stock deal, marking one of the largest acquisitions in technology history. STONNE 03
NEWS 16:06 OpenAI Lowers Fundraising Target to $20 Billion From Initial $30 Billion Goal OpenAI is reportedly adjusting its financial targets, asking investors for a third less than its initial $30 billion fundraising goal. STONNE 04
05 NEWS Germany sets out plan to boost AI including evaluation of high-performance models Germany has announced a new plan to advance artificial intelligence, which includes the evaluation of high-performance models. STONNE
06 NEWS CISA Notably Absent as White House Promotes AI Task Force The Cybersecurity and Infrastructure Security Agency (CISA) is conspicuously missing from the White House's touted AI task force. STONNE
07 NEWS Inside Anthropic’s Urgent Hunt for A.I. Computing Power An inside look at Anthropic's urgent search for the necessary computing power to drive its artificial intelligence technology forward. STONNE
08 NEWS Bank of America Warns of Economic Risks Posed by the AI Boom Bank of America has issued a warning regarding the risks the artificial intelligence boom poses to the global economy, arriving just ahead of a midterm vote focused on data-center backlash. STONNE
09 NEWS Kyiv and Türkiye Consider Joint Satellite Technology Production Following Starlink Frontline Slowdowns, Zelenskyy Says Ukraine and Türkiye are weighing collaborative satellite technology development after Starlink slowdowns impacted operations at the front line. STONNE
10 NEWS HSBC to Launch AI and Emerging Technology Institute in Hong Kong HSBC has announced plans to open a new artificial intelligence and emerging technology institute located in Hong Kong. STONNE