Sources: AI coding startup Cognition weighs a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September (opens businessinsider.com)
Sources: AI coding startup Cognition weighs a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September — Just weeks after announcing a new round of funding at a $48 billion valuation, AI coding startup Cognition is fielding new investor interest…
Microsoft recorded $10 billion in revenue from OpenAI (opens techcrunch.com)
Microsoft made $10 billion in the quarter to September 30 from commercial arrangements with OpenAI, including revenue-sharing payments.
Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion (opens techcrunch.com)
Microsoft disclosed Azure's quarterly revenue in dollars for the first time, showing how close it is to AWS.
As AI agents reshape the web, Google opens Gemini and Search to more apps (opens techcrunch.com)
A new developer platform will let businesses bring their services to Google's AI experiences, potentially changing how consumers discover and use apps.
Google expands AI Search ads globally as core ad growth slows (opens techcrunch.com)
Google announced the expansion alongside Alphabet's Q3 results, when revenue grew 25% year over year to $127.6 billion.
Alphabet reports Q3 revenue up 25% YoY to $127.58B, vs. $128.22B est., Google Cloud revenue up 103% to $30.7B, vs. $28.7B est. (opens s206.q4cdn.com)
Alphabet reports Q3 revenue up 25% YoY to $127.58B, vs. $128.22B est., Google Cloud revenue up 103% to $30.7B, vs. $28.7B est.; GOOG drops 9%+ after hours — MOUNTAIN VIEW, Calif. - October 28, 2026 - Alphabet Inc.
OpenAI and ServiceNow expand partnership across enterprise workflows (opens openai.com)
OpenAI and ServiceNow expand their partnership to bring OpenAI models and agents into ServiceNow and ServiceNow workflows into ChatGPT and Codex.
Anthropic may offer up to 20% of its IPO to retail, Bloomberg says (opens thenextweb.com)
Anthropic is weighing setting aside 15% to 20% of the shares in its IPO for retail investors, people familiar with the matter told Bloomberg on Wednesday, 28 October. JPMorgan will lead the US retail offering, they said. TNW has not independently verified the report.
OpenAI expands partnership with Oracle to bring its apps to ChatGPT (opens openai.com)
OpenAI and Oracle are expanding their partnership to bring business applications and AI agents into ChatGPT and power new Oracle offerings.
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