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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

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What Anthropic’s IPO prospectus reveals
What Anthropic’s IPO prospectus reveals

In today’s edition: What’s in Anthropic’s IPO S-1. Plus: Alibaba, Apple, Bedrock Robotics, Cohere, DoorDash, Instacart, Microsoft, Nevis.

By Andrew NuscaOctober 27, 2026
Tech bulls are barely winning their fight against the oil bears
Tech bulls are barely winning their fight against the oil bears
By Jim EdwardsOctober 27, 2026
coke
Former Trump official: intellectual property is the ‘great equalizer’
By Coke Morgan StewartOctober 27, 2026
Billionaire Uber cofounder Travis Kalanick moved to Texas—dodging a possible $180 million hit from California’s billionaire tax
Billionaire Uber cofounder Travis Kalanick moved to Texas—dodging a possible $180 million hit from California’s billionaire tax
By Sydney LakeOctober 27, 2026
Anthropic’s IPO filing lifts stocks across Asia—except for China
Anthropic’s IPO filing lifts stocks across Asia—except for China
By Jay GanglaniOctober 27, 2026
Meet Wizz Air’s CEO—his father was jailed under Soviet rule. Now, he’s on $4.4 million a year and would ‘rather keep building than sit on a beach’
Meet Wizz Air’s CEO—his father was jailed under Soviet rule. Now, he’s on $4.4 million a year and would ‘rather keep building than sit on a beach’
By Orianna Rosa RoyleOctober 27, 2026
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Anthropic’s S-1, by the numbers: A thriving business—with a $441 billion asterisk
Anthropic’s S-1, by the numbers: A thriving business—with a $441 billion asterisk

Anthropic’s business is booming. But so are its commitments.

By Shawn TullyOctober 27, 2026
Anthropic’s 7 cofounders are splitting $200 billion almost evenly, down to the last stock option

The Claude maker’s seven founders are paid under a philosophy of internal pay parity.

By Amanda GerutOctober 26, 2026
Anthropic’s S-1 makes clear it’s on the hook for billions in compute. Its customers can walk at any time

As the AI startup prepares to go public, its massive multibillion-dollar cloud commitments threaten to put huge pressure on its margins if customer demand slows down.

By Sebastian Herrera and Jeremy KahnOctober 26, 2026
Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift

The software giant has been cutting headcount to trim costs while investing billions to build out AI data centers.

By Sebastian HerreraOctober 26, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Elon Musk warns more than 200 AI cloud companies face ‘guppy-level death’ as the AI boom runs into a debt crisis
Elon Musk warns more than 200 AI cloud companies face ‘guppy-level death’ as the AI boom runs into a debt crisis

Musk said that neoclouds could struggle to get financing as lenders grow anxious about AI spending.

By Mia OsmonbekovOctober 26, 2026
Anthropic’s founders’ 80% giving pledge could be worth nearly $80 billion

The seven cofounders hold about $99 billion in stock at the latest private price, but the filing calls the pledge voluntary and revocable.

By Tatiana SatauaOctober 26, 2026
Anthropic’s dual-class share structure borrows ideas from Mark Zuckerberg, Elon Musk—and the New York Times

The AI lab’s IPO filing creates five classes of common stock. Only one is for sale.

By Nick LichtenbergOctober 26, 2026
Anthropic plans to spend up to $567 billion on compute. Its IPO prospectus reveals plans to set up its own data centers

The company’s success depends on it, but intense competition and supply-chain shortages stand in the way.

By Emily ForliniOctober 26, 2026
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AI
More in AI
Anthropic CEO Dario Amodei
Anthropic’s risk factors include the end of humanity, a feud with the Pentagon, and CEO Dario Amodei’s reputation

Alongside the usual warnings about competition and regulation, Anthropic tells investors its own technology could pose “catastrophic or existential risks to humanity.”

By Beatrice NolanOctober 26, 2026
AI’s boost to the U.S. economy is nearing its peak, Goldman says, as Apollo finds ‘zero financial payoff’ outside Big Tech

Apollo’s Torsten Slok rocked Wall Street with his take that AI returns just aren’t there, then Goldman’s Jan Hatzius flagged two major downsides to growth.

By Nick LichtenbergOctober 26, 2026
Anthropic’s IPO prospectus shows $16.3 billion in revenue, an $80.7 billion net loss, and goal of an ‘age of miracles’

Anthropic’s highly anticipated S-1 puts the AI company’s finances on full display for the first time.

By Beatrice NolanOctober 26, 2026
Amazon CEO Andy Jassy has two Gen Z kids—and his AI warning for the entire generation is: ‘You can’t run away from it, and you can’t wish it away’

With two Gen Z children of his own, Amazon CEO Andy Jassy says AI can help young people get ahead—but human judgment and ingenuity remain essential.

By Preston ForeOctober 26, 2026
More in AI
Innovation
More in Innovation
AI is giving cybercrime a makeover, and this startup just raised $15 million to fight back
AI is giving cybercrime a makeover, and this startup just raised $15 million to fight back

Overwatch’s CEO says AI is merging fraud, hacking and money laundering into one threat.

By Allie GarfinkleOctober 26, 2026
Biotech firm Rakuten Medical wants to bring its novel ‘lightsaber’ cancer cure to the U.S.

In the short-term, the firm is looking to enter markets close to home—including Taiwan, Macau, Singapore, Hong Kong and Saudi Arabia.

By Angelica AngOctober 26, 2026
Billy Evans’s ‘Theranos 2.0’ startup has patents, investors, and a missing CTO—but no product

As “You Can See Everything” turns Billy Evans into the year’s most unlikely documentary villain, his Austin startup Haemanthus faces a simple question: What has it built?

By Bilin LinOctober 25, 2026
Tech leaders want to use religion to teach AI right from wrong. But that can prioritize certain traditions and distort others, anthropologist warns

“What I think ChatGPT should do is reflect that weighted average, or whatever, of humanity’s moral view,” OpenAI CEO Sam Altman said last year.

By Krysta Fauria and The Associated PressOctober 25, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

From nuclear microreactors on military bases to canned food in British kitchens, two allied governments are bracing for cyberattacks and sabotage that could knock out essential services before a shot is fired.

By Bilin LinOctober 26, 2026
Democrats train tens of thousands of poll watchers as the Justice Department plans its largest-ever Election Day monitoring

“We’ve never done this before,” said DNC vice chair Jane Kleeb, as Democrats prepare for possible federal interference at polling places.

By Steve Peoples and The Associated PressOctober 26, 2026
AI agents are shopping like never before—and tools like Mastercard’s ‘Pay for Machines’ could turbocharge the trend

The sudden emergence of personal agents like Muse is a “turning point” for agentic commerce, Mastercard’s Head of Product says.

By Jeff John RobertsOctober 26, 2026
‘We had wolves coming into the village’: Google’s destruction of a 1,300-acre forest unleashed the wolfpack in Finland

“We understand the concerns and have fallen short of our own high standards in this instance,” a Google spokesperson said.

By Joshua HongOctober 26, 2026
More in Cybersecurity
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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
By Bilin LinOctober 26, 2026
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Trump promised 300,000 tons of beef imports at lower tariff rates to reduce grocery costs. Instead, shipments have lagged and prices haven’t budgedplaceholder alt text
By Sasha RogelbergOctober 26, 2026
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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of itplaceholder alt text
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