Monday, October 26, 2026
Anthropic filed paperwork with U.S. regulators for a planned public stock offering. It hopes to trade on Nasdaq under the ticker ANT, but has not yet set the number of shares or a price range.
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Meta plans to raise $95 billion by selling shares to pay for its AI expansion. It expects to raise $35 billion through a public offering and another $60 billion through a program that sells shares over time.
Elvis Presley's estate and other rights holders have sued Anthropic, alleging it used 274 of his songs to train AI without permission. They are seeking $41 million, while Anthropic disputes the claims.
Malaysia’s prime minister said SoftBank plans to invest $50 billion in the country, according to a Bloomberg report. The proposed spending would focus on AI, other technology and data centers as Malaysia pursues its goal of becoming an AI nation by 2030.
Google DeepMind's AI hurricane model correctly predicted that Hurricane Isaias would reach Florida's western Panhandle, while conventional models initially pointed toward Louisiana. Forecasters say the model was better at predicting the storm's path than its strength.
Toyota plans to spend $6.4 billion annually on robotics and factory automation, with a goal of deploying 400,000 robots. It expects to put robots to work in its own factories first, while also pursuing a place in the market for human-shaped robots.
Wall Street trading firms are building data centers and spending heavily on AI computing to help predict market moves. Jane Street has also backed chip startup Etched, even as firms face rising costs and rapidly aging hardware.
Tesla is putting more emphasis on self-driving technology as Chinese rivals gain ground in electric vehicles. It hopes software sales will help it grow, though its driving system still needs a person watching the road.
Brown University student Cunyan Ma created a public map showing how tech companies and intermediaries connect to data workers around the world. It brings together existing records, Ma’s research and news reports to show the working conditions behind AI training.
Fanatics worked with OpenAI to add Shop the Look, a feature that suggests matching sports merchandise on product pages. It uses product information to recommend in-stock items from the same team, and Fanatics says views of suggested items rose 10% after launch.
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