Markets & deals: latest AI news

Deals, funding, earnings and acquisitions across the AI economy, linked to filings and announcements.

2 Nov Anthropic's amended IPO filing shows $17.0 billion of third-quarter revenue and $895.4 billion of compute commitments
2 Nov SUSE plans to cut about one in ten jobs, saying AI and automation are changing how software firms work
2 Nov Marvell agrees to buy Lumentum in an all-stock deal valued at $115 billion to bulk up in AI data-centre optics
2 Nov Oracle launches a $10 billion bond sale and files to sell $10 billion of stock to fund its AI build-out
2 Nov ECB names high AI stock valuations among the main risks to euro-area financial stability
2 Nov Factory growth slows in Taiwan, Japan and South Korea even as AI demand props up Asian output
2 Nov Anthropic files to sell up to 552.9 billion yen ($3.5 billion) of IPO shares to investors in Japan
2 Nov Kioxia shares fall more than 15% after its profit outlook misses forecasts
2 Nov Asian tech stocks stay under pressure as fears over AI spending linger
2 Nov Abu Dhabi signs four agreements with OpenAI covering government services, ADNOC, Mubadala and Inception42
2 Nov Beijing robot-training data firm GenRobot AI raises $100 million with Baidu, SAIC and Galaxy General among backers
2 Nov HSBC to open a Hong Kong AI institute in early 2027 with HKUST and train all 200,000 staff in AI
2 Nov SoftBank shares weigh on Tokyo after reports that OpenAI cut its funding round
2 Nov PwC Japan launches AI support for building core business systems, citing up to 70% less IT work
1 Nov Indian IT firm LTM says AI has collapsed traditional entry-level engineering roles and it no longer bids L0 roles
1 Nov UK Sovereign AI Fund joins round valuing Anthropic chip supplier Fractile at about $6.5bn, Telegraph reports
1 Nov Korea Investment Holdings and SBI plan a ¥1.15 trillion joint fund for 200 MW of data centres in Japan
1 Nov Santander puts AI's business value at €194m for nine months as firms start quantifying AI gains in earnings
1 Nov Aramco closes purchase of 49% of HUMAIN, adding about $2.6bn in cash; PIF keeps 51%
1 Nov KB Kookmin Bank to lead a record 10.7 trillion won loan for an AI computing project serving Naver
1 Nov South Korea's chip exports jump 259% to $56.4 billion in October, lifting total exports to a record $115.3 billion
31 Oct DeepSeek's latest round grows to 105.5 billion yuan at a 615.5 billion yuan valuation, The Information reports
31 Oct CNBC confirms OpenAI now seeks up to $20 billion in its round, down from a $30 billion target
31 Oct Yen bond sales by foreign issuers hit a record $16 billion in April–September as AI fundraising reaches Japan
31 Oct Freshworks acquires Israeli AI incident-investigation start-up Robusta for Freshservice
31 Oct Microsoft offers voluntary severance to about 60,000 employees while excluding datacentre and security teams
31 Oct Online AI-toy sales in China reach 850 million yuan in the first half of 2026, up 183.9%, Moojing says
31 Oct Sam Altman meets about 50 Samsung affiliate chiefs, then SK chairman Chey Tae-won, in Seoul
31 Oct Nasdaq slides 2.9% as Intel has its worst day since the 1970s and chip stocks fall
31 Oct Baseten seeks about $2 billion in two tranches valuing it at $26 billion and $30 billion, Bloomberg reports
30 Oct Blackstone now expects Anthropic to get a high 'junk' double-B rating after its IPO, FT reports
30 Oct S&P revises Meta's outlook to negative over AI capital spending and negative free cash flow
30 Oct Reddit shares fall 29.22%, their worst day since its 2024 IPO, as Google AI search cuts referrals
30 Oct Intel shares fall 29%, their worst day since the 1970s, cutting about $12 billion from the US government's stake
30 Oct Rick Perry fails to win reelection to the board of Fermi, the AI data-centre and power company he co-founded
30 Oct Five tech giants hold more than $3 trillion in future AI spending commitments, Bloomberg tally finds
30 Oct Privacy-focused AI assistant Ollie will shut down on 6 November
30 Oct Factory acquires Typedef to give its Droid coding agents a data-lineage context layer
30 Oct Big Tech returns smallest share of cash to shareholders in 15 years as AI capex tops operating cash flow
30 Oct Sebastian Thrun's Dulo raises $130 million to build foundation models for hardware design
30 Oct Kuaishou's Kling AI unit completes a funding round of nearly $3 billion
30 Oct DoorDash says third-party AI agents have placed only 'several hundred' orders in total
30 Oct Sierra says its AI customer-agent business passed $400 million in annual recurring revenue
30 Oct Apple has acquired Ascend.io, a data-engineering startup that added AI agents, an EU notice shows
30 Oct a16z estimates token spending rose about 122% to 160% since May while average token prices fell 67%
30 Oct Amazon discloses a secured loan facility of up to about $80 billion to buy AI infrastructure hardware
30 Oct Cognizant forms an OpenAI Frontier Capability Group of more than 25,000 professionals
30 Oct Spotify plans an AI covers and remix tool for the first quarter of 2027, weighing $4 to $5 a month, FT reports
29 Oct Salesforce agrees to buy defense AI startup Rune Technologies for a reported $375 million
29 Oct Marvell is in advanced talks to buy Nvidia-backed optics maker Lumentum, Bloomberg reports
29 Oct Canada commits up to C$1.6 billion for an equity stake in Cohere
29 Oct Proton's CEO cancels AI 're-interviews' of staff after reporting on his push to make engineers use AI
29 Oct Wabi raises $55 million at a $1.25 billion valuation
29 Oct US GDP grows at a 3.4% annual rate in Q3, with equipment investment led by computers
29 Oct Kalshi raises $1 billion at a $40 billion valuation
29 Oct Situational Awareness pitches investors on a Fluidstack round at a $40 billion valuation, Bloomberg reports
29 Oct AWS revenue grows 39% to $46 billion as Amazon reports record $28.1 billion operating income
29 Oct Samsung posts record KRW 107.4 trillion quarterly operating profit on memory demand
29 Oct Serval raises $150 million at a $3 billion valuation in a round led by Sequoia
29 Oct Deepgram agrees to acquire Daily, maker of the open-source Pipecat voice-agent framework
29 Oct OpenAI-backed Thrive Holdings agrees to buy ADT for $10 a share in a $15.3 billion all-cash deal
29 Oct Amazon reports AWS sales up 39% to $46 billion as AI spending turns free cash flow negative
29 Oct SpaceX filing shows one customer generated 34.5% of third-quarter revenue; Bloomberg names it as Anthropic
28 Oct Cognition weighs new funding at a $70–80 billion valuation weeks after its $48 billion round, reports say
28 Oct Alphabet reports Google Cloud revenue up 103% to $30.7 billion in the third quarter
27 Oct BIS bulletin finds a rising share of AI infrastructure financed by long-term debt and off-balance-sheet vehicles
26 Oct Anthropic's S-1 shows $16.3 billion in first-half revenue ahead of a planned Nasdaq listing as ANT
21 Oct Tesla reports flat Q3 revenue of $28.05 billion as GAAP profit falls to $787 million
21 Oct Lam Research posts record $8.22 billion quarterly revenue, up 54% year over year
15 Oct Anthropic tells investors Q3 revenue reached $16.8 billion, up 45% from Q2, reports say
15 Oct TSMC posts Q3 revenue of $46.7 billion, up 50.9% year over year, with net income up 68.7%
8 Oct Isomorphic Labs in funding talks at a valuation of at least $40 billion, Bloomberg reports
5 Oct OpenAI in talks with UAE funds and BlackRock on a $30 billion round, Bloomberg reports