BusinessSchneider Electric to Buy PTC for $22.6B in Cash; Shares Drop on Financing ConcernsSchneider Electric announced a $22.6 billion all-cash offer to acquire U.S.2 min read
BusinessBrookfield: AI infrastructure demand large enough for multiple investorsConnor Teskey of Brookfield Asset Management says the scale of AI-related data center and power spending creates room for multiple large investors to participate rather than compete for exclusivity.4 min read
BusinessTarbell Center Pledges $10M for Expanded AI Reporting GrantsThe Tarbell Center for AI Journalism announced a $10 million institutional grant fund to be deployed by the end of 2027 to support mainstream and independent reporting on artificial intelligence.4 min read
BusinessEtched receiving buyout and fundraising proposals valuing it between $40B and $50BAI-chip startup Etched, which raised $700 million at a $21 billion valuation a few months ago, is reportedly fielding new offers that value it at roughly $40–50 billion.3 min read
Business19-year-old founder raises $11M for Core, a personal AI computerGhost, founded by 19-year-old Zain Javaid and a team of peers, announced an $11 million seed round led by Andreessen Horowitz and revealed Core, a purpose-built personal AI computer for continuously running agent models.4 min read
BusinessAI agents you can text: personal and family assistants on SMS and iMessageA growing set of AI “agents” are available via SMS and messaging apps like iMessage, letting users delegate tasks without installing new apps.5 min read
BusinessNvidia shares hit record high as market value nears $6 trillionNvidia's stock climbed to a fresh record on Friday, rising about 2.9% and lifting the company's market capitalization to roughly $5.7 trillion.2 min read
BusinessSean Parker refocuses Stability AI as a platform for music professionalsSean Parker and Stability AI are pivoting toward music, backed by major labels and new funding.3 min read
BusinessWikimedia CEO warns AI-driven traffic drop and unpaid use threaten Wikipedia's ecosystemWikimedia Foundation CEO Bernadette Meehan says Wikipedia page views fell 8% in 2025 as generative AI increasingly delivers information derived from the site without users visiting it.3 min read
BusinessAnthropic may accelerate IPO for Claude developer, aiming for trading before ThanksgivingAnthropic, developer of the Claude AI model, is reportedly preparing to start its IPO roadshow in the week of November 9 with the goal of beginning public trading before the U.S.2 min read
BusinessBroadcom proposes up to $42 billion in chip-lease financing for AnthropicBroadcom has proposed lending Anthropic as much as $42 billion to facilitate leasing of Broadcom-designed chips, reflecting a broader trend of chipmakers underwriting AI compute expansion.2 min read
BusinessAlbertsons expands use of OpenAI tools to bring AI into shopping and operationsAlbertsons Companies is broadening its collaboration with OpenAI to integrate AI across its retail operations, from customer-facing shopping tools to internal merchant and employee workflows.3 min read
