Edition · 2026-11-07

Saturday 7 November

America's newest small business owners with no employees are off to a hot start in AI era

AI-generated summary Research reports suggest that artificial intelligence codifies knowledge and aggregates information centrally, which could lead to larger average firms and higher industry concentration. AWS says its study of startup founders found that AI-native startups grew revenue an average 156 percent annually as founders scale with technology rather than headcount.

Also covered by International Business Times

Anthropic IPO meets AI backlash after midterms show stinging rebuke of data centers

AI-generated summary As Anthropic prepares for a potential Nasdaq debut targeting a valuation of 1 trillion to 1.5 trillion dollars, the artificial intelligence company faces public backlash following midterm elections where voters expressed deep mistrust of artificial intelligence and tech billionaires. Voters across the country strongly rejected local data center projects and swept candidates supporting stringent artificial intelligence regulation into office, creating a tougher environment for market debuts amid broader market declines.

Also covered by Bloomberg