NewsBusiness
Meta plans up to $95 billion stock sale, its first since 2013
The two-part sale uses new nonvoting shares to protect Mark Zuckerberg’s control and tops the $85 billion Alphabet said in June it would raise.
NewsInfrastructure
Neocloud stocks fall after Musk predicts 'guppy-level death'
Elon Musk wrote on X that lenders have cut off companies reliant on AI data centers, deepening a month-long slide in CoreWeave, Nebius and Iren.
NewsInfrastructure
Musk says SpaceX closed $40 billion debt deal for GPUs
Bloomberg reported pricing talks were still underway late on October 25, as Musk said lenders have all but shut off money for most neoclouds.
NewsBusiness
OpenAI cuts prices to pull Rippling, Replit from Anthropic
Replit got more than 30% off a contract worth over $100 million a year, and DataCamp says its costs fell 80% to 90%, The Information reported.
NewsRegulation
Authentic Brands sues Anthropic over 274 Elvis Presley songs
Authentic Brands Group seeks $150,000 per track, about $41 million, alleging Anthropic trained its models on hits such as Can’t Help Falling in Love.
NewsAI Search
Google's AI search upended online publishing
Publishers spent years tuning their pages to rank on Google in a largely reciprocal deal for readers, The Verge wrote in its weekly Stepback newsletter.
NewsInfrastructure
SoftBank plans $50 billion tech investment in Malaysia
Prime Minister Anwar Ibrahim said Masayoshi Son picked sites in Sarawak and peninsular Malaysia for AI, data center and other technology projects.
NewsBusiness
Anthropic could make IPO filing public as early as Monday
The Information reported on October 25 that the S-1 could land within days, after weeks of leaks from drafts and investor meetings on its finances.