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News · edition

Edition, Fri, 16 Oct 2026.

9 stories on the wire this day. Open any story for its sources. Summaries are written by software from the linked reporting and can be wrong. Spot an error? Email [email protected] and we will correct or remove it.

AI & Technology

The long-delayed car debuted on October 15, using SpaceX-built cold-gas thrusters to flip in midair, leap over a line of Teslas, and hit 60 mph in under a second.

2 sources
Lead
this edition
Still developing
OpenAI releases massive mathematical solution dataset that stuns the math communityOpenAI abruptly dropped a flood of mathematical results that more than three dozen mathematicians described as staggering and surreal.The Verge
The new AI Passport credential verifies at runtime exactly what each agent is allowed to do, launched with Nvidia as a design and launch partner.
With a November IPO on deck, some current and prospective investors are now discussing a $1.5 trillion valuation, below the roughly $2 trillion they had expected.
Microsoft unveils third-generation Maia AI chip, targets 2027 production rolloutMicrosoft announced its Maia 300 in-house AI chip, designed to become the "primary AI inference system" for its products and services by 2027.The Verge
Wall Street leans bullish on ServiceNow ahead of earningsAnalysts are pointing to enterprise AI demand, federal spending, and cybersecurity opportunities as catalysts before the company reports.Yahoo Finance
Amazon's Bee debuts two new AI devices, starting at $75The startup Amazon acquired last year is entering the AI notetaker hardware race with a wrist wearable and a smartphone clip priced well below the Plaud and Pocket crowd.TechCrunch
Google's 'universal' shopping cart finally landsThe agentic cart Google previewed at I/O in May is rolling out across Search and Gemini, with price-drop alerts and Wallet checkout timed just before Black Friday.The Verge
Unveiled at Apple's "Surprise and shine" event alongside the iPhone 18 Pro and new Apple Watches, the Duo starts at $1,999 ahead of an October 23 release.
Designed to run locally on Apple silicon with a 1-million-token context window, it is the latest sign that the open-weight race is getting very large.
A three-year pact pairs Stagwell's AI marketing operating system with ServiceNow's platform and joint go-to-market pitches.

AI & Technology

AI & Technology
OpenAI's upgraded Chrome extension lets ChatGPT use the tabs you already have open when you tag Chrome in the web or desktop app.
1 source

ServiceNow & ITSM

ServiceNow & ITSM
A flat denial of takeover interest lifted NOW shares to $146.93 and reinforced the company's organic-growth stance for its AI agent business.
1 source
ServiceNow & ITSM
Agentic deployments have grown ninefold in nine months, and a new analysis argues the stock trades below its fundamentals.
1 source

Tesla finally reveals the second-generation Roadster, and it flies

The long-delayed car debuted on October 15, using SpaceX-built cold-gas thrusters to flip in midair, leap over a line of Teslas, and hit 60 mph in under a second.

At an event at a SpaceX test site in Texas, the car drove up a ramp, stayed stuck to the surface through a fan-based suction system while fully inverted, flipped in midair, and landed safely. It also cleared a lineup of a Cybercab, Cybertruck, Tesla Semi, Model Y, and Model 3 in a single leap. Tesla says the Thrust trim sprints 0 to 60 mph in under one second, all trims top out above 230 mph, and range is 300 miles. The flight hardware is ten cold-gas thrusters fed by 600 liters of compressed air in carbon-fiber-overwrapped pressure vessels, the same type of tank at the root of several SpaceX rocket explosions.

Tesla will begin production in 2028 and is taking reservations of $50,000 for the two-seat, road-ready Performance, $250,000 for the race-ready Thrust, and an invite-only single-seat Rocket with the full flight system. Elon Musk called the car a "halo car" and said, "Turns out the future does have flying cars." Marques Brownlee, a long-time skeptic of the repeated delays, asked whether a 4,000-plus-pound car that does flips and ships in 2028 is a prank.

TechCrunch
Fox Business

Anthropic's IPO is wobbling between $1.5 trillion and $2 trillion

With a November IPO on deck, some current and prospective investors are now discussing a $1.5 trillion valuation, below the roughly $2 trillion they had expected.

At an October 15 investor day in San Francisco, Anthropic told investors that third-quarter revenue reached $16.8 billion, up nearly 50% from the second quarter, which had more than doubled a first quarter of about $4.8 billion. Growth is still enormous, but the slower growth rate, combined with the $42 billion net loss reported for 2025 in the IPO prospectus, is giving investors leverage on price. Anthropic says it was profitable on an adjusted basis and has locked in at least $518 billion of commitments over a decade for cloud, computing, and infrastructure, with Amazon reporting that Anthropic has committed to secure up to 5 GW of Trainium chips.

The figures behind the FT report show a steep climb: roughly $4.8 billion in Q1, $11.5 billion in Q2, and $16.8 billion in Q3, with $1.70 of revenue for every dollar spent on computing power in the third quarter and adjusted operating margins of 11% excluding stock-based compensation. Anthropic has also cut back "distillation," the practice of rival labs training models on its outputs, which had accounted for 5 to 7 percent of revenue.

Simon Willison
AOL

Apple's first foldable, the iPhone Duo, is open for preorder at $1,999

Unveiled at Apple's "Surprise and shine" event alongside the iPhone 18 Pro and new Apple Watches, the Duo starts at $1,999 ahead of an October 23 release.

The foldable has a 5.4-inch outer screen that opens to a 7.6-inch Super Retina XDR display, the same A20 Pro chipset as the iPhone 18 Pro, and the same 48-megapixel fusion camera, though without variable aperture. It carries an IP68 rating, Ceramic Shield 2 on the back and Ceramic Shield on the front display, and uses an edge Touch ID sensor in place of Face ID. Apple Pencil support is expected later this year, and the phone comes in Star White and Night Sky.

Unlocked preorders are open at Apple and Best Buy, and carriers are already pitching deals: AT&T offers up to $1,200 off with a qualifying trade-in, T-Mobile up to $1,000 off with eligible trade-ins on its higher plans, and Verizon is waiving its $40 activation fee with 0 percent APR financing over 36 months.

The Verge

Meta launches Muse Spark Open, an 816-billion-parameter open-weight model built for Macs

Designed to run locally on Apple silicon with a 1-million-token context window, it is the latest sign that the open-weight race is getting very large.

Meta calls Muse Spark Open its "most capable" open-weight model in the United States. The model is natively multimodal and aimed at complex coding and agentic work; Meta paired it with Muse Code, its AI coding terminal, and showed it handling bug fixes, new features, and full builds in a Mastodon client, as well as reviewing and cropping footage in DaVinci Resolve.

The catch for local use is memory: per Engadget, the model needs at least 1 terabyte of RAM and runs best on a Mac Studio with an M5 Ultra chip. It is available now through a number of API platforms.

TechCrunch

ChatGPT can now peek at your open Chrome tabs

OpenAI's upgraded Chrome extension lets ChatGPT use the tabs you already have open when you tag Chrome in the web or desktop app.

With the extension installed, users can ask ChatGPT to compare open tabs, pull vendors from several tabs into a comparison sheet with pricing and links, or fill out the form they have open before an appointment. OpenAI's demo shows someone asking ChatGPT to compare the three tabs of sofas they are considering. The ChatGPT sidebar was also updated to bring the full ChatGPT, with your entire conversation history from Chat or Work, without leaving the page you are viewing.

ChatGPT Work can now "control" Chrome tabs for tasks like sending messages, filling out forms, and downloading files, similar to Google's Gemini-powered auto browse feature. The upgrade comes shortly after OpenAI shut down its ChatGPT Atlas browser.

The Verge

ServiceNow hands AI agents a cryptographic passport

The new AI Passport credential verifies at runtime exactly what each agent is allowed to do, launched with Nvidia as a design and launch partner.

On October 15, ServiceNow announced AI Passport, a governance layer that issues cryptographically signed credentials to AI agents and MCP servers, verifying in real time the actions, systems, and scope each agent is authorized for. Passports are issued by the Super Intelligence Control Tower and grounded in the company's CMDB, GRC policies, and workflow approvals, giving third-party agents a verifiable permission record instead of relying on their self-claims. Enforcement is graduated: agents can be monitored, paused, restricted, or fully deactivated, with reactivation requiring a recorded explanation. In a demo, a customer service agent configured to handle refunds under $25 processed an $18 refund automatically but routed a $40 request to a human for review. The credential format is built on open specifications, so other identity providers and governance products can issue and verify it. Nvidia is a design and launch partner, implementing AI Passport through its Open Agent Safety Platform, including the OpenShell secure runtime and Sentry security framework.

The same announcement expanded the Control Tower with shadow AI discovery across more than 400 out-of-box connectors, AI cost management that unifies frontier model, embedded SaaS, hyperscaler, and data center GPU spend, and an operational resilience bundle for regulated banks. ServiceNow's 2026 Banking AI Maturity Index found that while 100% of banks report using AI, only 24% have matching governance in place. The release also included EmployeeWorks 3.0, which lets non-technical employees build AI assistants and automate recurring work with natural language and drag-and-drop, without coding.

Help Net Security
SiliconANGLE

ServiceNow rules out a Decagon purchase, stock pops 5%

A flat denial of takeover interest lifted NOW shares to $146.93 and reinforced the company's organic-growth stance for its AI agent business.

ServiceNow shares rose about 5% to $146.93 in midday trading on October 15 after President, CPO, and COO Amit Zavery addressed the market directly, saying the company is aware of "misinformation" about its acquisition strategy and that "ServiceNow has no interest or intention of purchasing Decagon," the AI customer service agent startup. The denial signaled that ServiceNow intends to grow its agent portfolio through internal tools such as AI Control Tower, Now Assist, and Build Agent rather than large deals, capping the stock at a forward multiple of roughly 30x.

The move rippled across the software sector: Salesforce rose 4% to $245.39 on sympathy, while Palantir slipped 0.9% to $199.07 as investors rotated between crowded AI names and pure-play software.

24/7 Wall St.

Stagwell lands ServiceNow in the biggest multi-agency deal in its history

A three-year pact pairs Stagwell's AI marketing operating system with ServiceNow's platform and joint go-to-market pitches.

On October 14, ServiceNow and Stagwell announced a three-year strategic partnership under which Stagwell will adopt ServiceNow's AI platform across its own organization, with Code and Theory, 72andSunny, Movers+Shakers, and Allison Worldwide serving as lead agency partners. Stagwell will also give ServiceNow access to The Machine, its AI-powered marketing operating system, connecting marketing data, people, software, and AI tools into a single workflow to speed decisions, campaign execution, and measurement. The companies plan to co-develop new AI marketing products, with Stagwell creative teams and ServiceNow engineers embedded in each other's organizations.

Stagwell CEO Mark Penn called it the largest multi-agency deal in the holding company's history and a "win-win partnership," while ServiceNow CMO Simon Mouyal said it supports the company's "marketing reinvention" and a shared vision for an agentic marketing platform. According to COMvergence, ServiceNow's media spend is $120 million, of which Dentsu X holds $70 million, and it was not immediately clear whether the new deal affects last year's Dentsu X appointment.

Adweek
MediaPost

ServiceNow's AI business crosses $1 billion in annual contract value

Agentic deployments have grown ninefold in nine months, and a new analysis argues the stock trades below its fundamentals.

A new 24/7 Wall St. analysis published October 16 reports that ServiceNow's AI business has passed $1 billion in annual contract value, with agentic deployments up 9x in nine months, AI net new ACV growing more than 40% quarter over quarter, and million-dollar-plus AI deals tripling. Level 1 AI agents close 80 to 85 percent of service requests with no human involvement, and the company is on track to beat $1.5 billion of AI ACV by year-end. In its most recent reported quarter, ServiceNow posted $3.987 billion in revenue, up 24% year over year, with non-GAAP EPS of $0.90, a 98% renewal rate, $634 million in free cash flow, and full-year subscription guidance raised to $15.76 to $15.78 billion.

The note carries a buy rating with a $246.50 price target, citing a 30x forward multiple and growth well ahead of Salesforce and Workday. CEO Bill McDermott points to the $1 billion-plus cybersecurity business, strengthened by the Armis and Veza acquisitions, as "the foundation for a re-rating of ServiceNow."

24/7 Wall St.
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