Anthropic files for IPO, weighs giving retail investors 15-20% of shares with JPMorgan
The Claude maker's filing warns it will need substantially more cash and outlines heavy data center and chip spending, with big tech backers and Asian investors
Bloomberg · +10 outlets
Microsoft and Alphabet report earnings as Wall Street seeks proof AI spending is paying off
Investors are focused on whether massive AI capital outlays are dragging on cash flow and margins at the two hyperscalers.
Bloomberg · +13 outlets
Jio Platforms surges over 27% in market debut, making Ambani group India's most valuable
The listing breaks India's recent mega-IPO jinx and elevates Reliance's conglomerate to the top of the country's equity market by value.
Bloomberg.com · +10 outlets
Apple unveils first touchscreen MacBook Pro, reversing long-held Jobs stance
The flagship laptop adds touch input, a feature Apple resisted for over a decade, alongside a new OLED iPad Mini.
Bloomberg · +14 outlets
Oracle projects $30 billion free cash flow in fiscal 2029, shares jump
The long-term outlook eased investor concerns about the payoff from Oracle's heavy AI infrastructure spending.
Bloomberg · +14 outlets
AI data-center borrowing may test credit market, Fortress warns; Pimco sheds AI debt
Rising debt financing for AI data centers is drawing scrutiny from credit investors worried about absorption capacity.
Bloomberg · +2 outlets
Intel to buy quantum startup Classiq for about $2.3 billion
The acquisition marks a major push by the chipmaker into quantum computing software.
Bloomberg.com · +14 outlets
Robotics lab Physical Intelligence in talks for $20 billion valuation
The reported round would make it one of the most valuable private AI robotics companies.
Bloomberg.com · +7 outlets
Banks eye $21 billion of bonds for Broadcom chip-financing deal
The large debt package underscores how capital markets are funding the AI chip buildout.
Bloomberg.com · +14 outlets
ASM International lifts 2027 outlook again as AI buildout fuels tool demand
The chip-equipment maker raised its revenue target by about 24%, citing AI-driven spending.
Bloomberg · +5 outlets
UK brings forward defense spending target, pledging billions to Ukraine
John Healey's budget measures accelerate UK defense commitments and increase support for Ukraine.
CNBC · +14 outlets
SpaceX and Tesla boards weigh merger as Musk consolidates control
A tie-up would formalize a decades-long partnership between the two Musk-led companies.
Bloomberg.com · +13 outlets
Columbia opens claims for $16.1 million data breach settlement
Individuals affected by last year's breach can now claim part of the fund.
Bloomberg · +9 outlets
Google and Xreal Aura glasses debut at $1,099, undercutting Meta
The 95-gram Android XR glasses launch below rival pricing as the AR headset competition heats up.
The Verge · +1 outlets
FCC's Brendan Carr plans vote to let prisons jam cellphone signals
The November 19 vote would create an exception to the Communications Act ban on radiofrequency jammers.
The Verge · +9 outlets
Polymarket faces renewed CFTC probe over US access to offshore platform
Regulators are reexamining how the prediction market serves US users, while its CEO eyes guardrails after studies detailed customer losses.
CNBC · +11 outlets
South Korea's economy beats forecasts on AI-driven chip boom
Surging memory chip demand is lifting Korean growth even as broader AI spending concerns linger in Asian markets.
msn
Anthropic IPO shutout pushes Asia's investors into proxy bets
Regional funds are buying adjacent AI and cloud names to get exposure they cannot get directly.
Bloomberg.com · +1 outlets