CNBC

Tuesday 3 November

Drax surges on $27 bln AI data centre partnership with Brookfield, Radiant By Investing.com

AI-generated summary Drax plans a partnership with Brookfield and Radiant to develop a data centre at its northern England power station. The project could attract more than £20 billion in investment and develop data centre capacity exceeding 1 gigawatt.

Also covered by CNBC datacenterdynamics.com The Independent
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Monday 2 November

Blackstone’s Gray sees more AI equity fundraising ahead from major tech firms

AI-generated summary Blackstone President Jon Gray announced that major technology companies will need more equity fundraising to keep pace with the growth of the artificial intelligence industry. This shift toward equity funding helps companies maintain their investments without overloading their balance sheets, though it adds new stock supply and potential dilution for existing holders.

Also covered by CNBC

OpenAI appoints Dan Driscoll as Senior Counselor for National Security Modernization

AI-generated summary According to the announcement, Dan Driscoll is said to join OpenAI in the newly created role of Senior Counselor for National Security Modernization. OpenAI says the appointment reflects its commitment to helping democratic institutions use advanced AI responsibly to strengthen shared security.

Also covered by bloomberg.com theinformation.com CNBC
+4 moreTech Xplore semafor.com The Decoder thehill.com

Palantir beats Q3 estimates, lifts 2026 revenue outlook to around $8.5 billion

AI-generated summary Palantir releases its third-quarter financial results, beating analyst expectations across every major line and lifting its full-year revenue outlook to around $8.53 billion. Palantir says it expects fourth-quarter revenue of about $2.65 billion while raising full-year adjusted operating income guidance to about $5.25 billion.

Also covered by CNBC AIStockWire Fortune
+1 moremarketwatch.com

Anthropic posts $567 million Q3 operating loss as growth cools ahead of IPO

AI-generated summary Anthropic made available an amended IPO filing showing a third quarter operating loss of $567 million as revenue growth slowed. Anthropic says the operating loss resulted primarily from $5 billion in computing capacity from short-term commitments and $2 billion in noncash charges.

Also covered by CNBC theinformation.com nytimes.com
+9 moreBusiness Insider AIStockWire bloomberg.com Fortune marketwatch.com ABC News Cautious Optimism Tech Xplore apnews.com

Marvell and Lumentum officially plan to combine. Here’s what to know.

AI-generated summary Marvell Technology and Lumentum Holdings announced they plan to combine in a deal intended to target the optical-networking market. Marvell shareholders will own about two thirds of the combined business once the transaction is complete in the first half of 2028.

Also covered by sdxcentral.com bloomberg.com AIStockWire theinformation.com CNBC
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Behind the Curtain: OpenAI's post-election power play

AI-generated summary According to reports, OpenAI is planning a policy and public relations blitz following the midterms to rebrand data centers as AI compute campuses. The effort aims to align the company with Washington changes and frame the artificial intelligence debate for 2028 presidential contenders.

Also covered by TechCrunch Business Insider AIStockWire The Decoder The Independent npr.org semafor.com TechSpot The Verge The Deep View NBC News thehill.com the Guardian Vanity Fair nytimes.com CNBC
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For JPMorgan, Amazon, fighting AI bots like Meta Muse may not be a winning long-term strategy

AI-generated summary Amazon made available its Buy for Me feature as major companies and retailers increasingly block outside artificial intelligence personal agents like Meta Muse. An Amazon spokesperson says that third-party applications making purchases on behalf of customers should operate openly and respect service provider decisions about participation.

(LEAD) Lee vows bold investment in AI, future growth engines to boost growth potential

AI-generated summary President Lee Jae Myung announced a planned bold investment in artificial intelligence and other future growth engines during a speech at the National Assembly. The government submitted the 2027 budget bill proposing 820.9 trillion won in total government spending to support these economic growth potential initiatives.

Also covered by AIStockWire The Japan Times CNBC

Sunday 1 November

Anthropic’s potential $2 trillion IPO could turn staff into millionaires

Dario Amodei

AI-generated summary According to reports, Anthropic is rumored to be targeting a potential initial public offering at a valuation between $1.5 trillion and $2 trillion. The blockbuster market debut could turn its thousands of employees into millionaires while creating potential concerns about employee retention and mission focus.

Also covered by Business Insider Tom's Hardware SiliconANGLE AI Business thezvi.substack.com AIStockWire Nikkei Asia Bloomberg The Decoder support.claude.com tftc.io investingLive Tech Times marketwatch.com Investing.com unite.ai Yahoo Finance forbes.com The Batch | DeepLearning.AI Cautious Optimism news.bloomberglaw.com CNBC
+7 moreTNW | Anthropic International Business Times Tech Xplore PYMNTS.com TechCrunch anthropic.com www.nytimes.com

Companies promised AI gains, here's how the payoff showed up in earnings

AI-generated summary Financial benefits from artificial intelligence investments are now available as some companies begin to report measurable returns during the latest quarter. Corporate investment reached $581.7 billion in 2025, and hyperscalers including Microsoft, Amazon, Google and Meta are expected to spend $700 billion combined this year on infrastructure.

Saturday 31 October

AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

Sam Altman, chief executive officer and co-founder of OpenAI Inc., speaks during OpenAI DevDay in San Francisco, California, US, on Tuesday, Sept. 29, 2026.

AI-generated summary S&P Global made available a credit warning that cut its outlook on Meta to negative from stable over its cash flow, spending, and monetization. The credit ratings agency maintained Meta at AA- while warning the social media leader's leverage could top 1.0x as soon as 2027.

Also covered by theinformation.com coindesk.com ft.com AIStockWire bloomberg.com The Decoder TechCrunch CNBC
+8 morePYMNTS.com semafor.com Truthout AI Business SiliconANGLE Unite.AI The Verge SingularityHub

Friday 30 October

Big Tech’s $750 Billion AI Bet Collides With Slowing Core Growth

AI-generated summary According to Bloomberg, Big Tech investments totaling 750 billion dollars are reportedly colliding with slowing core growth. Financial analysts are evaluating how these large capital expenditures will impact future corporate earnings and operational stability.

Also covered by cnbc.com ft.com NBC News
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