Monday, November 2, 2026

Anthropic's internal AI use, at retail prices, now exceeds its employee pay (opens businessinsider.com)

Anthropic reports $17B in Q3 revenue, commitments of $895B in revised S-1 (opens cnbc.com)

Anthropic's updated S-1 adds the third-quarter results that the first filing, released a week earlier, left out.

Oracle files to sell $20B in new stock, bonds to finance AI buildout (opens cnbc.com)

Intel stock collapse worsens as $3.5T chip rout spreads (opens finance.yahoo.com)

Sources: institutional investors told Anthropic that its IPO valuation should be around $1.5T to $1.6T, down from estimates of $2T, citing a tech stock selloff (opens wsj.com)

Sources: institutional investors told Anthropic that its IPO valuation should be around $1.5T to $1.6T, down from estimates of $2T, citing a tech stock selloff — Institutional investors who plan to buy shares in IPO show concern following a selloff in tech stocks

Palantir reports Q3 revenue up 96% YoY to $2.31B, above $2.18B est., US commercial revenue up 148% YoY to $984M, and raises FY 2026 revenue guidance to ~$8.53B (Samantha Subin/CNBC) (opens cnbc.com)

US commercial revenue rose 148% to $984M and topped US government revenue ($953M) for the first time.

OpenAI launches the Grid Protectors Program, a US effort for its future data center campuses meant "to reduce electricity demand when the grid is under strain" (OpenAI) (opens openai.com)

OpenAI will pilot the program at an upcoming data center in Effingham County, Georgia, promising to free up to 1,000 megawatts during extreme weather or emergencies.

Anthropic warns that it’s very close to RSI capability, aka self-building AI (opens techcrunch.com)

RSI is the point at which AI gets good enough at training itself to accelerate its own capabilities sharply.

China's First Frontier AI Export Controls: Mofcom Announcement No. 48 (opens labs.cloudsecurityalliance.org)

Apple reports Q4 revenue up 12% YoY to $114.48B, vs. $113.39B est., China revenue up 21% to $17.5B, vs. $18.9B est., in John Ternus' first earnings report (Apple) (opens businesswire.com)

Apple's own results: September-quarter records for revenue, iPhone revenue and EPS. Coverage also notes rising memory costs and hints about third-party AI app revenue.

Y Combinator’s Garry Tan uses AI agents so much, he spends up to $200K a year on tokens (opens techcrunch.com)

On Walter Isaacson's podcast The Builders, Tan put a price on his use of AI agents.

Anthropic clamps down on Claude’s AI video game clones (opens theverge.com)

Anthropic has updated Claude Code's system prompt to prevent the AI tool from being used to re-create existing video games, as reported by Tom's Hardware. Retro gaming is currently being overrun with AI-made decompilations, recompilations, and ports, but while Anthropic will still let people use…

New York Times and other outlets sue web browser Brave over alleged content scraping (opens techcrunch.com)

The Times says Brave scraped its copyrighted content and distributed it to customers such as Anthropic and Perplexity.

Memo: Linux distribution vendor SUSE is laying off ~10% of its employees, saying "automation and AI are fundamentally shifting how software companies operate" (Liam Proven/The Register) (opens theregister.com)

Memo: Linux distribution vendor SUSE is laying off ~10% of its employees, saying “automation and AI are fundamentally shifting how software companies operate” — One in ten employees at SUSE are facing the chop due to “automation and AI,” according to a memo dispatched by management …

New Zealand’s central bank registers Revolut as the country’s 27th bank (opens thenextweb.com)

Revolut has been registered as a bank in New Zealand, clearing the way for the fintech to expand its financial services in the country. The Reserve Bank of New Zealand announced the approval on Tuesday, local time, making Revolut Bank New Zealand the country’s 27th registered bank.