AI & Technology
Anthropic files for what could be the largest IPO in history The Claude maker's public S-1 shows $16.3 billion in first-half revenue, an $80.7 billion mostly paper loss, and a $2 trillion valuation target as it heads to Nasdaq under the ticker ANT.
2 sources
Still developing
ServiceNow posts its biggest one-day drop ever after a mixed Q3 Shares fell as much as 27%, closing 26.9% lower at $109.67, after the quarter beat on revenue but guided to slower backlog growth.
OpenAI and ServiceNow expand partnership with a ChatGPT plugin and a 2027 roadmap ServiceNow workflows are coming inside ChatGPT now, with Codex, cybersecurity, and voice features planned for 2027. Techgenyz SiliconANGLE Yahoo Finance Grok releases AI-generated 'Odyssey' footage xAI's Grok model produces the first seven minutes of a fully AI-generated film, marking a new milestone in synthetic media. TechCrunch Mistral warns Europe against quitting frontier AI DeepL CEO warns of 'leftovers' if Europe abandons AI development, urging investment in sovereign models. The Next Web The data trapped in ITSM tools is an AI problem Industry commentary argues the real issue is not collecting ITSM data but collecting it without a purpose, and that AI is finally positioned to spot what to keep and what to drop. ITSM.tools Wall Street splits on ServiceNow ahead of the print Bullish BNP Paribas points to AI demand and workflow expansion, while a Seeking Alpha analyst calls the stock a strong sell into earnings. MSN Seeking Alpha Google releases Gemini 4 Carbon with major cybersecurity gains Google has launched its latest frontier model, Gemini 4 Carbon, claiming "significant gains" in coding, agentic tasks, and cybersecurity while topping the Artificial Analysis Intelligence Index. The Verge Google DeepMind Microsoft offers buyouts to about 60,000 employees as it shrinks for the AI era Headcount fell year over year for the first time in a decade, and Satya Nadella frames the trade as fewer people, higher cost per head, and more GPU per researcher.
AI revenue target raised to $1.7 billion as ServiceNow leans into OpenAI Even as the stock had its worst day on record, the company lifted its AI ACV goal for a third time and launched an AI governance alliance with OpenAI, Nvidia, Anthropic, AWS, and Okta.
Apple's first touchscreen MacBook Pro lands, and the verdict is: it's just a MacBook Pro The long-awaited touch Mac pairs a reference-caliber OLED display with a Dynamic Island, but the touch input itself proves to be a modest bonus.
AI & Technology AI & Technology Binance says $6.3 billion in crypto was stolen in the largest exchange heist on record
The world's largest exchange has frozen about $3 billion of the stolen assets and committed to covering all losses.
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AI & Technology Wikipedia's foundation draws a line in the sand on AI copyright
In an amicus brief in the New York Times case against OpenAI and Microsoft, Wikimedia argues that training on copyrighted work is fair use, but chatbots regurgitating that work in place of the original is not.
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ServiceNow & ITSM ServiceNow & ITSM McDermott calls ServiceNow's shrinking workforce a "gorgeous situation"
The CEO says the company's own AI tools have saved more than $1 billion a year and let ServiceNow hire fewer people.
1 source →
ServiceNow & ITSM Security becomes ServiceNow's fastest-growing business on the back of Armis
McDermott says the $7.75 billion security unit acquired in April "has the potential to be even bigger in a few years than all of ServiceNow is today."
1 source →
ServiceNow & ITSM Serval raises $150 million at a $3 billion valuation to take on ServiceNow
Sequoia led the round for the AI-native ITSM startup that bills itself as a full-stack replacement for ServiceNow.
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AI & Technology
Anthropic files for what could be the largest IPO in history The Claude maker's public S-1 shows $16.3 billion in first-half revenue, an $80.7 billion mostly paper loss, and a $2 trillion valuation target as it heads to Nasdaq under the ticker ANT.
The Claude maker's public S-1 shows $16.3 billion in first-half revenue, an $80.7 billion mostly paper loss, and a $2 trillion valuation target as it heads to Nasdaq under the ticker ANT.
Anthropic publicly filed its S-1 registration statement with the SEC on October 26 after about four months of confidential review, with the investor roadshow expected to begin the week of November 9 and a listing targeted for late November, before Thanksgiving. First-half 2026 revenue reached $16.3 billion, a roughly fourteen-fold jump from the first half of 2025, though the company reported an $80.7 billion net loss that is largely a non-cash accounting artifact from marking convertible bonds to market; the bonds are expected to convert to equity at listing, which should normalize future loss figures.
The prospectus also carries unusually candid risk language for a public filing, naming "catastrophic or existential risks to humanity" and warning that models could exhibit "self-preserving behaviors," including attempts to resist shutdown or conceal and manipulate information. Google holds an estimated 14% stake in the company, and the filing would put Anthropic ahead of OpenAI, which has reportedly been in talks to raise up to $30 billion at a $1.25 trillion valuation, in going public.
2 sources
Zacks
Tech Insider
AI & Technology
Microsoft offers buyouts to about 60,000 employees as it shrinks for the AI era Headcount fell year over year for the first time in a decade, and Satya Nadella frames the trade as fewer people, higher cost per head, and more GPU per researcher.
Headcount fell year over year for the first time in a decade, and Satya Nadella frames the trade as fewer people, higher cost per head, and more GPU per researcher.
Microsoft is offering voluntary exit packages to roughly 60,000 employees across the US, UK, Canada, and India, its first offer of that scale and a large expansion of an earlier retirement program limited to about 9,000 people. The workforce stood at about 223,000 as of June 30, down from 228,000 a year earlier, after 4,800 cuts in July that hit Xbox and commercial sales. "Our total people costs will go down, our cost per head will go up, and my GPU per researcher will go up," Nadella said, underscoring that the goal is redirecting spending toward AI infrastructure rather than shrinking the company for its own sake.
The shakeout also reached the top of Xbox: COO Helen Chiang is departing after 21 years, and Dan Greenawalt, the creative force behind Forza Motorsport and head of Turn 10 Studios, is retiring after nearly 27 years, with Turn 10 merging into Playground Games. Bethesda is expected to officially name the next Elder Scrolls game, The Elder Scrolls VI: Sentinel, next month.
1 source
The Verge
AI & Technology
Binance says $6.3 billion in crypto was stolen in the largest exchange heist on record The world's largest exchange has frozen about $3 billion of the stolen assets and committed to covering all losses.
The world's largest exchange has frozen about $3 billion of the stolen assets and committed to covering all losses.
Binance disclosed that $6.3 billion worth of crypto funds were taken in a cyberattack, roughly four times the previous record of $1.46 billion stolen from Bybit last year, with blockchain analysis firm TRM saying most of the theft occurred over a period of just 20 minutes. Both TRM and Chainalysis attribute the attack to TraderTraitor, a North Korean cybercrime hacking group with a history of stealing from exchanges. Binance's initial investigation pointed to a compromised laptop belonging to one of its DevOps engineers that let an attacker access a service container and submit unauthorized withdrawal transactions, though co-CEO Richard Teng cautioned it was a "complex attack," not a single one-click action, and said there is so far no evidence of any wallet private key leak.
Deposits and withdrawals were suspended while the matter is investigated. Binance said user funds are safe, pointed to an emergency reserve fund of about $1.3 billion, and said it has reserved over $6.34 billion of company funds to cover the incident, including $5 billion already held in the exact token assets that were impacted.
1 source
The Verge
AI & Technology
Wikipedia's foundation draws a line in the sand on AI copyright In an amicus brief in the New York Times case against OpenAI and Microsoft, Wikimedia argues that training on copyrighted work is fair use, but chatbots regurgitating that work in place of the original is not.
In an amicus brief in the New York Times case against OpenAI and Microsoft, Wikimedia argues that training on copyrighted work is fair use, but chatbots regurgitating that work in place of the original is not.
The Wikimedia Foundation is staking out a middle ground in the landmark AI copyright litigation, pushing courts to protect large language models training on copyrighted work while requiring licensing when models pull out copies of material to answer users, "while supplanting readers' engagement with those original works." WMF warns that an overly black-and-white ruling could go either way badly: a win for publishers could let copyright holders gatekeep innovative uses, while a win for AI companies would be a "green light to snub licensing terms and fragment the flow of knowledge between human authors and audiences."
The brief also flags practical friction, noting that services like ChatGPT reproduce text licensed under Creative Commons without honoring terms such as attribution and share-alike, even as WMF acknowledges AI tools help editors fight vandalism and spot copyright violations. "A ruling that does not apply fair use principles carefully could threaten the sustainability of free knowledge," said Stephen LaPorte, Wikimedia's general counsel; CEO Bernadette Meehan called finding the balance "a shared responsibility for the entire information ecosystem."
1 source
The Verge
AI & Technology
Apple's first touchscreen MacBook Pro lands, and the verdict is: it's just a MacBook Pro The long-awaited touch Mac pairs a reference-caliber OLED display with a Dynamic Island, but the touch input itself proves to be a modest bonus.
The long-awaited touch Mac pairs a reference-caliber OLED display with a Dynamic Island, but the touch input itself proves to be a modest bonus.
Apple's long-awaited touchscreen MacBook Pro, shown off in a brief presentation by CEO John Ternus, finally puts touch on the Mac after sixteen years of CEOs dismissing it. The standout is the PROLED XDR display, an OLED panel with inkier blacks, very high brightness, and rich color that reviewers are calling reference-caliber, along with a thinner, lighter chassis, a Dynamic Island replacing the notch, and the return of the illuminated Apple logo, which drew the biggest reaction in the room.
On the touch side, macOS 27 Golden Gate adds small UI touches, like elements magnifying when tapped, but professionals tried in the room said they still defaulted to keyboard and trackpad, with the touchscreen a bonus rather than a workflow reinvention. Apple did not bring Apple Pencil support or a 360-degree hinge, signaling a cautious first step that normalizes touch on the Mac without reinventing the laptop.
1 source
The Verge
ServiceNow & ITSM
ServiceNow posts its biggest one-day drop ever after a mixed Q3 Shares fell as much as 27%, closing 26.9% lower at $109.67, after the quarter beat on revenue but guided to slower backlog growth.
Shares fell as much as 27%, closing 26.9% lower at $109.67, after the quarter beat on revenue but guided to slower backlog growth.
ServiceNow's third-quarter revenue rose 20.5% to $4.106 billion, slightly ahead of the roughly $4.10 billion consensus, while adjusted earnings of $1.00 per share missed the $1.02 estimate. Current remaining performance obligations (cRPO), the company's proxy for contracted revenue due within a year, grew 20.5% to $13.65 billion, but the outlook drove the rout: management guided Q4 cRPO growth of just 18.5% in constant currency, below Street expectations of about 19% to 19.8%.
Analysts pointed to strong early renewals pulled forward into Q3, a public-sector mix shift toward on-premises deals recognized upfront rather than in cRPO, and more termination-for-convenience clauses. Citi's Tyler Radke called the lack of upside "a little bit uncharacteristic for ServiceNow standards," and said the payoff from the company's forward-deployed engineering team is still a waiting game until next year.
3 sources
CNBC
The Next Web
Yahoo Finance
ServiceNow & ITSM
AI revenue target raised to $1.7 billion as ServiceNow leans into OpenAI Even as the stock had its worst day on record, the company lifted its AI ACV goal for a third time and launched an AI governance alliance with OpenAI, Nvidia, Anthropic, AWS, and Okta.
Even as the stock had its worst day on record, the company lifted its AI ACV goal for a third time and launched an AI governance alliance with OpenAI, Nvidia, Anthropic, AWS, and Okta.
Management raised its year-end AI product annual contract value target to $1.7 billion, up from $1.5 billion in May and $1 billion at the start of the year, with net new AI ACV jumping 65% in the quarter. CFO Gina Mastantuono said agentic AI consumption in production is up more than 13-fold year over year.
Alongside the earnings report, ServiceNow expanded its partnership with OpenAI, adding a ChatGPT plugin that brings the ServiceNow platform inside ChatGPT and an AI Workflow Factory integration with Codex, and announced the Control Tower Alliance for AI governance, with founding members including Anthropic, AWS, Nvidia, Okta, and OpenAI. CEO Bill McDermott framed the quarter as "the inflection point for ServiceNow as the Super Intelligence Control Tower."
2 sources
24/7 Wall St.
The Next Web
ServiceNow & ITSM
McDermott calls ServiceNow's shrinking workforce a "gorgeous situation" The CEO says the company's own AI tools have saved more than $1 billion a year and let ServiceNow hire fewer people.
The CEO says the company's own AI tools have saved more than $1 billion a year and let ServiceNow hire fewer people.
On the Q3 call, chairman and CEO Bill McDermott said ServiceNow's ultimate headcount has "actually slightly declined," which he called "a gorgeous situation" of "less people doing extraordinary things, enjoying their work much more." CFO Gina Mastantuono said ServiceNow's use of its own AI products generated more than $1 billion in annualized efficiency gains, and that the company is still hiring where it wants to grow: quota-carrying salespeople are up double digits, while sales operations headcount is "down significantly."
Few large software companies have tied AI so explicitly to a smaller payroll on the record, which makes the claim part of ServiceNow's pitch to its own customers, even as the same guidance sent shares down roughly a quarter.
1 source
Calcalist
ServiceNow & ITSM
Security becomes ServiceNow's fastest-growing business on the back of Armis McDermott says the $7.75 billion security unit acquired in April "has the potential to be even bigger in a few years than all of ServiceNow is today."
McDermott says the $7.75 billion security unit acquired in April "has the potential to be even bigger in a few years than all of ServiceNow is today."
Security and risk products were part of 16 of the quarter's top 20 deals. McDermott called security the company's fastest-growing area and said Armis, Veza, and Moveworks are "way ahead of what we had anticipated," positioning ServiceNow as "the fastest-growing cybersecurity company at scale."
The results call also spotlighted ServiceNow's Israel acquisition spree: Armis in April for $7.75 billion, followed by Pyramid Analytics, Traceloop, ai.work in July, and Sweep in September, an AI-agent startup for go-to-market operations acquired in a deal estimated at hundreds of millions.
1 source
Calcalist
ServiceNow & ITSM
Serval raises $150 million at a $3 billion valuation to take on ServiceNow Sequoia led the round for the AI-native ITSM startup that bills itself as a full-stack replacement for ServiceNow.
Sequoia led the round for the AI-native ITSM startup that bills itself as a full-stack replacement for ServiceNow.
Serval, which builds an AI-native enterprise service management platform covering requests, incidents, problems, changes, and HR journeys with agent-based workflows (its Catalyst agent and background agents) plus HAM, SAM, and CMDB tooling, raised $150 million at a $3 billion valuation led by Sequoia, which is doubling down on the company.
Serval can also run as an automation layer on top of existing ITSMs, with bi-directional sync to major systems of record, letting customers cut over gradually. The funding lands as ServiceNow itself says AI makes it easier to build a startup but not to run an enterprise.
1 source
MSN