NEWS & PERSPECTIVE
What happened in AI.
The latest published briefings from the news feed, with sources and context. Newest first.
Economy & Markets
Anthropic's IPO Filing Details Revenue, Compute Costs and Co-Founder Giving
Anthropic's 300-plus-page prospectus discloses $16.29bn of first-half revenue at an 85% gross margin, a sharp growth slowdown and co-founder pledges of 80% of personal stock.
Technology
Apple's New Chief Rejects Talk of AI Lag as Touchscreen Mac Signals Hardware Push
John Ternus, two months into the job, defends Apple's slower AI rollout while his tenure delivers the company's first touchscreen MacBook Pro.
Technology
Chatbot news use reaches 9 per cent while comfort with AI-written copy stays at 12 per cent
A third annual Reuters Institute survey across nine countries finds generative AI an increasingly important intermediary for information, but only 12 per cent are very or fairly…
Economy & Markets
OpenAI cuts funding round to $20bn at $1.25tn valuation as AI stocks slide
The ChatGPT developer has cut its latest fundraising round by $10bn as investors grow sceptical about the returns on the data-centre and chip spending underpinning the AI boom.
Economy & Markets
AI stock rally collapses as investors demand returns on heavy spending
A week that opened with Anthropic's IPO filing and included SK Hynix's record profit ended with the Nasdaq down 2 per cent, as disappointing Big Tech earnings revived doubts about…
Economy & Markets
Five US tech giants outspend their own cash flow on AI infrastructure
Capital spending at Microsoft, Alphabet, Amazon, Meta and Oracle has overtaken operating cash generation for the first time since 2011, pushing the buildout onto outside financing.
Justice & Law
Federal court lets NAACP pursue Clean Air Act claims against xAI
A Mississippi federal judge has denied xAI’s motion to dismiss a Clean Air Act suit over gas turbines powering its Memphis-area data centres, allowing the claims to proceed.
Economy & Markets
Alphabet shares slide as AI spending and quarterly results disappoint investors
A 12 per cent fall in the shares followed third-quarter revenue and profit that missed Wall Street forecasts, reviving doubts over whether record AI infrastructure spending will…
Economy & Markets
Alphabet's 13% Slide Exposes Gap Between AI Search Demand and Ad Revenue
Third-quarter revenue and net profit per share fell short of expectations as AI Mode queries grew faster than Google could monetise them, wiping roughly $500bn off Alphabet's…
Economy & Markets
S&P moves Meta's credit outlook to negative as AI spending outruns cash flow
The agency keeps Meta at AA- but warns that AI infrastructure spending has pushed free cash flow into deficit and may require borrowing beyond 2028, a judgement the company…
Technology
Four AI Firms Back Single Robots.txt Signal to Bar Training Use
OpenAI, Google, Microsoft and Anthropic have proposed one shared robots.txt token letting publishers opt out of generative training, with staggered rollout dates into 2027.
Economy & Markets
OpenAI Trims Funding Target to $20bn as Tech Shares Come Under Pressure
The ChatGPT developer has cut its latest fundraising goal by about $10bn, with a first close expected below target and a UAE-led investor group in the frame.
