
Banks and Blackstone line up $63B to fund Broadcom AI chips for Anthropic
A new special purpose vehicle will buy Broadcom XPU accelerators and networking gear and lease them to Anthropic, with deliveries starting in 2027.

A new special purpose vehicle will buy Broadcom XPU accelerators and networking gear and lease them to Anthropic, with deliveries starting in 2027.

The AWS framework covers distributed compute for agentic and generative AI workloads as Verizon lifts full-year guidance for a third straight quarter.

The ex-Revolut founders' platform says client assets on it grew from $50B to $700B this year as Schwab and Focus Financial sign on.

The Brazilian bank is buying the large-model startup it has used for two years in credit, CRM and fraud, paying over five years.

OpenAI and Anthropic account for more than half of California's total, which is already more than double last year's with two months left.

The Series C values the two-year-old company at $4.1 billion and follows the first paid work by its fully autonomous excavators in August.

The filing discloses $16.29 billion in first-half revenue, an $80.7 billion net loss, and a single founder share carrying 50.1% of the vote.

Nvidia, AMD and Broadcom signaled interest in up to $5B of the shares, and a separate $60B Class C share sale is planned for 2027.

Higher-autonomy agents must answer to a team leader or executive, and underperformers can be suspended or retired under a plan running through 2028.

Musk says the callable debt funds GPU deliveries due in the first half of 2027, as he predicts a shakeout among poorly capitalized neoclouds.

Prime Minister Anwar Ibrahim says the money will target AI, new technology and data centres in Kuching and Peninsular Malaysia.

Revenue per worker and margins are rising for the Mag 7 but flat for the S&P 493, per Slok's charts; Brad DeLong points to user surplus instead.

Rippling's coding work flipped too: OpenAI's share jumped from 16% in May to 52% as Anthropic's fell from 57% to 18%.

CoreWeave, Nebius and IREN have each lost at least 30% in October as Nvidia's off-balance-sheet guarantees to AI cloud builders come under scrutiny.

Google's CEO says the industry is pretty far from the end state of recursive self-improvement and that every lab wishes it had twice the compute.

Amazon's CEO said a good chunk of 2028 is also booked as AI labs and enterprises outrun a planned $220 billion buildout.

Schwab cited 16,000 RIAs at launch, but 11,000 of them manage under $100M and Anthropic says there is no smaller enterprise option for now.

Co-founders Julie Zhuo and Chandra Narayanan join Meta's new data analytics group under chief data officer Alex Schultz, and Sundial stops serving outside customers.

The Shanghai-listed AI chipmaker's quarterly revenue rose 104.5% to 3.5 billion yuan as Chinese labs move workloads off Nvidia hardware.

The HR software company will fold Ribbon's voice interviewer, sourcing and outreach tools into its new agentic recruiting product. Terms weren't disclosed.

The Series E comes with a Bristol Myers Squibb partnership and a $55M Tempus data deal that take Pathos's AI agents from cancer into Alzheimer's.

Nvidia and TCV extend Higgsfield's $400 million August Series B as the startup says registered users have passed 40 million.

Anthropic will fund its stake from its own balance sheet while Hg invests through its funds, with the firm due to open before the end of 2026.

The SK Telecom unit is in talks with tech companies and financial investors and wants its first outside round closed by late 2026 or early 2027.

The new price sits below the $1.4 trillion OpenAI was seeking a month ago, and the round could come with a UAE compute deal attached.
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