Backdoor in Claude Code for VS Code extension on the Cursor Marketplace (opens phorion.io)
A tampered copy of the Claude Code extension was published on Cursor's marketplace. Anthropic says a malicious actor used access to that marketplace and that its own systems and employee laptops were not compromised.
Anthropic may not secure investment-grade rating after IPO, Blackstone says (opens ft.com)
Blackstone forecasts Anthropic will get a high junk rating rather than investment grade after its IPO, which would make raising debt for its spending harder and costlier.
The Week’s 10 Biggest Funding Rounds: Physical AI And Predictions Lead The Lineup (opens news.crunchbase.com)
Led by manufacturing startup Re:Build's $2.1 billion and Kalshi's $1 billion.
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI (opens theverge.com)
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI across multiple crawlers — The new control will allow publishers to apply their AI training preferences across multiple crawlers.
Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+ in AI spending commitments over the coming years (opens bloomberg.com)
Bloomberg counts more than $3T in commitments across Alphabet, Meta, Microsoft, Amazon and Oracle, led by Alphabet at over $1T and Meta at over $800B.
Amazon can now borrow up to $80B against the AI hardware it buys (opens thenextweb.com)
Amazon has set up a supplier financing facility to borrow up to $80B against the hardware it buys, usable from 2027 to late 2028. It had a $42.4B free cash outflow in the year to September, and its spending commitments reached $883B.
Intel’s stock crashes, knocking $12B from government’s stake (opens techcrunch.com)
Intel blames weak PC sales as the AI industry absorbs memory and other components, pushing PC prices up.
Hackers steal $6.3B from Binance in biggest-ever crypto heist (opens siliconangle.com)
Hackers have stolen about $6.3 billion worth of digital assets from Binance, a major cryptocurrency exchange operator. The heist is more than four times bigger than the previous largest crypto theft.
AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal (opens techcrunch.com)
Like a real-life episode of "Suits," the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry. And now an AI firm has entered the picture.
Anthropic renames its $100 per month Max 5x plan as Max and the $200 per month Max 20x plan as Ultra (opens x.com)
Anthropic renames its $100 per month Max 5x plan as Max and the $200 per month Max 20x plan as Ultra, and removes the 5-hour limit for verified Ultra accounts — We're renaming our Max plans: Max 5x → Max Max 20x → Ultra Max is still $100/month, and Ultra is still $200.
Intuit targets the mid-market ERP gap with AI (opens siliconangle.com)
Growing companies that outgrow entry-level accounting software face a hard choice: Stay put or gamble on a mid-market ERP that promises automation but often brings cost and disruption.
AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings (opens geekwire.com)
AWS revenue grew 39% to $46B in the third quarter, and Andy Jassy expects more than 40% growth in 2027 and 2028.
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