Anthropic prepares for potential $2 trillion IPO valuation after reporting billions in revenue

Anthropic has filed to go public as it pursues a potential multitrillion-dollar valuation, reporting $16.3 billion in revenue for the first half of 2026. The company’s filing also warns that its AI safety measures may not prevent catastrophic risks. OpenAI and AI chipmaker Cerebras have also pursued public-market listings

Data center gear is being hijacked in transit to the tune of hundreds of millions

Data center gear is being stolen in transit to the tune of hundreds of millions — grand-theft-GPU thieves hack accounts, perform hit-and-runs, and spoof GPS signals

SpaceX closes $40 billion debt financing for GPUs expected in the first half of 2027, Musk says
SpaceX closes $40 billion debt financing for GPUs expected in the first half of 2027, Musk says

SpaceX expects fourth-quarter capital expenditure of $35 billion to $40 billion, CFO Bret Johnsen said, as Elon Musk pushes to expand the company’s AI computing infrastructure.

Cadence reveals Maestro, fine-tuned AI models built to run specialized chip design agents, with early access coming for ‘select customers’ in Q4 2026
Cadence reveals Maestro, fine-tuned AI models built to run specialized chip design agents, with early access coming for ‘select customers’ in Q4 2026

Cadence unveiled Maestro, domain-specialized AI models for its chip design agents, with early access for select customers in Q4 2026.

Chinese research vessels loiter near Pacific undersea cables more than any other nation, report finds

Chinese vessels are spending more time near undersea cables in the Pacific than nearly 50 other nations, according to a new report by the Center for Strategic and International Studies.

Intel’s Lip-Bu Tan has spoken with Lisa Su about potential collaboration with AMD

Intel CEO Lip-Bu Tan has reportedly discussed potential areas of cooperation with AMD chief Lisa Su as Intel works to rebuild its CPU business and expand its foundry operations. The companies have already collaborated on x86 standards and CPU software, including AMD’s integration of its ZenDNN optimizations into Intel’s oneDNN library. Neither executive has publicly detailed the reported discussions or confirmed a new agreement.

Lack of staff and funding likely led to the recent PHP security snafu; project has only one full-time employee, but that’s just the tip of the iceberg

Lack of funding likely led to the recent PHP security snafu, but that’s just the tip of the iceberg — dreary situation caused by services running old versions with no support

Bitcoin reward offered to anyone who could break into an unpatched server running PHP, hacker cracks site and claims bounty

The “Steal My Bitcoin” challenge offers a bounty to anyone who can breach a deliberately vulnerable PHP website using the recently disclosed PHP2Shell flaws. The challenge follows previous recoveries of locked Bitcoin fortunes through software vulnerabilities and AI-assisted investigation, but no successful claim has been confirmed.

Reddit’s r/opensource bans AI-made and AI-focused projects, also bans non-English speakers

Reddit’s r/opensource has barred AI-built, AI-focused, and AI-using projects under new rules announced October 24. The crackdown also imposes strict requirements on project age and contributors, while restrictions on non-English speakers have sparked further backlash. The debate puts the subreddit’s policy at odds with Linux’s acceptance of disclosed AI-assisted code contributions.

Big Tech is cashing in on AI while the rest of corporate America sees no financial returns
Big Tech is cashing in on AI while the rest of corporate America sees no financial returns

Revenue per employee at the Magnificent Seven has outpaced the S&P 493, and a new comparison highlights the growing divide in fortunes between America’s largest technology companies and the rest of the S&P 500.