Anthropic reports nearly $17B quarterly revenue, commits to $895B in future spending ahead of mega-IPO
The AI lab's twelve-fold revenue jump and record-scale spending pledge come as it courts investors for a potentially record-breaking listing, drawing criticism
Bloomberg · +4 outlets
Marvell agrees to acquire Lumentum in $115 billion all-stock deal
The acquisition ranks among the largest tech deals ever and is aimed at capturing surging data center and AI connectivity spending.
Bloomberg · +13 outlets
Apple faces high earnings bar after $1 trillion share rally
Apple reports quarterly results after the bell Monday with the stock trading at its priciest levels since 2008, leaving little room for disappointment.
Bloomberg · +10 outlets
Meta eyes at least $20 billion from potential cross-border investment-grade bond offering
The debt sale would test investor appetite for Meta's borrowing as skepticism grows over the pace of AI infrastructure spending.
Bloomberg · +2 outlets
New York Times and other publishers sue Brave over AI scraping and paywall bypassing
The lawsuit adds to growing legal pressure on browser and AI firms over content use and publisher revenue.
The Verge · +14 outlets
Binance sees $4.7 billion in outflows after record $6.3 billion hack
The exchange resumed withdrawals and boosted market maker incentives following the largest crypto theft on record, which has been tied to North Korea.
Bloomberg · +14 outlets
OpenAI pares fundraising goal, now seeking up to $20 billion in latest round
The reduced target signals changing investor appetite amid mounting scrutiny of AI capital needs.
CNBC · +2 outlets
OpenAI's Altman signs energy and investment deals in the UAE
The agreements expand OpenAI's overseas infrastructure ties as it seeks power and capital for AI compute.
Bloomberg.com · +13 outlets
OpenAI pilots data center grid protection program in Georgia
The program promises to free up to 1,000 megawatts of power during extreme weather, as utilities and communities weigh data center demand.
The Verge · +8 outlets
Supermarkets across Europe hit by suspected freezer hack
Cyberattacks caused sudden temperature changes in fridges and freezers in Belgium, Ireland, Sweden and Finland, echoing a similar incident in France last month.
Bloomberg · +13 outlets
Oil falls more than 6 percent on Middle East diplomatic breakthrough hopes
Crude slid as hopes for diplomacy eased supply concerns, while OPEC and allies kept output steady.
WSJ · +14 outlets
Netflix signs multiyear deal with YouTuber Druski for exclusive content
The pact is the latest in Netflix's push to bring established digital creators onto the streaming service.
The Verge · +12 outlets
Binance boosts market maker incentives in wake of record hack
The exchange is trying to revive trading activity after the $6.3 billion theft and subsequent withdrawals.
Bloomberg · +2 outlets
Squarespace lays off 19 percent of employees
The website platform says the cuts, affecting roughly 300 workers, are part of simplifying operations.
The Verge · +3 outlets
California law lets children of family vloggers force parents to remove footage of them
The measure gives minors new control over video content posted by their parents, a first-of-its-kind rule for family channels.
Tubefilter · +2 outlets
DeepSeek adds creator mode to boost AI agent offerings
The new option lets users quickly build custom plugins for complex tasks, part of the Chinese lab's agent push.
Bloomberg · +5 outlets
Apple reportedly delays 'Ultra' smart home robot until 2028
The hardware is said to have been finished for about two years while software work lags.
The Verge
Russia temporarily allows use of foreign data centers after attacks on Yandex facilities
The move follows a series of Ukrainian strikes targeting the tech giant's infrastructure.
Bloomberg