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October 18, 2026, 11:30 PM
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| Anthropic: |
Anthropic says it's committing 5% of its shares to a Public Benefit Fund, for a total of ~20% with co-founder and staff pledges, plus 2% per 50% valuation rise — Today, we're committing a portion of Anthropic's shares to the Anthropic Public Benefit Fund, a new entity with a structure that increases the stake as the company grows.
More: Bloomberg, Wall Street Journal, TechCrunch, Associated Press, Financial Times, CNBC, The Japan Times, CNBC, The Information, Capital Brief, Blockchain.News, Reuters, Business Insider, and Unite.AI
X: @kevinroose, @ns123abc, @edzitron, @datarepublican, @rynorhn, @jackclarksf, @tokengremlin, @cernovich, @andrewcurran_, @dgt10011, @andrewcurran_, @alexfinn, @vanquan_titans, @jasondclinton, @andrewcurran_, @rand_longevity, @travisk, @elonmusk, @davidsacks, @luminabench, @dr_singularity, @fredaduan, @anthropicai, @wryzx, @vijarkohli, @edzitron, @layton_gott, @preommr, @tokengremlin, @smb_attorney, @altcap, @southernvalue95, and @zerohedge. LinkedIn: Krishna Rao. Bluesky: @dmnd.me
Forums: Hacker News, r/accelerate, and r/wallstreetbets
| Phoebe Liu / The Information: |
Sources: industry execs expect only 7-10 of hundreds of neoclouds to survive, as Nvidia supports them with easier credit terms, site finding, and $20B in leases — How many young AI cloud providers can the market, and Nvidia, support? — That's one of the big questions after a week … | Bailey Lipschultz / Bloomberg: |
Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal — Nscale Ltd. is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar …
More: PYMNTS.com, Crypto Briefing, Seeking Alpha, and Coinpaper
| James Titcomb / Telegraph: |
Microsoft cancels its deal to be the anchor tenant and rent 23K Nvidia AI chips at Nscale's Essex, UK, data center, which may not get grid power until the 2030s — US tech giant pulls the plug on Nscale deal in threat to multibillion-dollar listing — Microsoft has pulled …
More: Bloomberg, SiliconANGLE, The Guardian, Australian Financial Review, Crypto Briefing, Financial Times, The Information, BIG by Matt Stoller, TheEnergyMag, Finimize, and Reuters
X: @ftr_investors, @kshaughnessy2, @rdd147, @carlquintanilla, @matthewstoller, @dariocpx, @jo3hill, @sughanthans1, @edzitron, @errjustsaying, @jaguaranalytics, @edzitron, @s8mb, and @jamestitcomb. Bluesky: @stevekovach
Forums: r/LabourUK, r/uknews, r/ukpolitics, and Slashdot
| Mark Gurman / Bloomberg: |
Sources: HomeView units sat in warehouses for months; Apple plans a Nov. 6 store reset, likely for new Macs; iPhone Duo preorder mess could boost 18 Pro sales — Also: The company is planning Nov. 6 retail store reset, indicating potential Mac release date.
More: Digital Trends, Daring Fireball, PCMag, 9to5Mac, iThinkDifferent, MacRumors, iClarified, iPhone in Canada, The Apple Post, AppleInsider, Gizmodo, MacRumors, 9to5Mac, AppleInsider, Digital Trends, and Tom's Guide
X: @markgurman, @markgurman, @jim_gresham, @markgurman, @mgsiegler, @raywongy, and @markgurman
Bluesky: @manton.org and @hypervisible.blacksky.app
Forums: r/apple and MacRumors Forums
| Kyu-Seok Shim / Reuters: |
Sources: Nvidia asked Samsung, SK Hynix, and Micron to make base dies for its custom NVHBM memory on TSMC's 3nm process; Samsung agreed, its first use of TSMC — Samsung Electronics (005930.KS) will use TSMC's (2330.TW) 3-nanometre process to produce base dies for Nvidia's (NVDA.O) … | Osmond Chia / BBC: |
China's GDP is set to grow 4.5% YoY in Q3, up from Q2's three-year-low growth rate of 4.3%, as AI-driven exports helped offset weak domestic spending — China's economic growth picked up in the three months to the end of September, rebounding from a three-year low as the artificial intelligence (AI) boom helped boost exports.
More: Dow Jones Newswires, Financial Times, CNN, New York Times, and CNBC
| Zack Abrams / The Block: |
Sam Altman's World launches a World ID verification suite for banks, bundling tools to verify human and agent identities, its first industry-specific offering — The identity project co-founded by OpenAI CEO Sam Altman named Bain Capital and VanEck Funds among its design partners but did not name … | Nick Lichtenberg / Fortune: |
SF-based home insurer Stand, which uses digital twins of homes to price wildfire risk and insures $10B+ of property, raised a $70M Series C at a $1B valuation — Matt DiStefano shares his screen and rotates a gray 3D model of a California neighborhood. He zooms in on one house and overlays a heat map.
More: FinTech Global, Ventureburn, ReinsuranceNe.ws, FinSMEs, and The SaaS News
X: @superpobe, @huevatoi, @jasonxmueller, and @ryan_falvey
LinkedIn: Rick Zullo, Jason Mueller, Dan Preston, Sam Shank, and Dan Kahn
| Wall Street Journal: |
Analysis: 795 accounts funded by ADI Predictstreet's own fee-collecting wallet drove 99% of the FIFA-partnered prediction market's activity since late August — ADI Predictstreet, backed by Abu Dhabi's royal family, paid close to $150 million for advertising rights during the World Cup
LinkedIn: Joshua Gupta
| Aaron Kirchfeld / Financial Times: |
Europe's three biggest industrial companies are cashing in on the AI boom, as Schneider and Siemens expand further into software, while ABB focuses on equipment — Schneider Electric and Siemens move further into software as rival ABB bets on physical equipment
| Giovanni Colantonio / Polygon: |
An interview with Apple's new VP of the App Store, Carson Oliver, on Apple's gaming vision, Apple Arcade, providing tools for indie game developers, and more — Back when Apple Arcade launched in 2019, there was a resounding belief among gamers that the mobile gaming service wasn't long for this world.| Financial Times: |
RegLayer: 47+ large US data center projects were delayed, withdrawn, or blocked in 2026; Bernstein says ~35% of the planned US data center pipeline is credible — A vast bet on the future of the technology is running into the unforgiving economics of the physical world| New York Times: |
More: The Business Times, TheStreet, The Straits Times, and Motley Fool
X: @globalmktobserv, @energycredit1, @c_s_wallace, and @cristymsilva. Bluesky: @billstewart. Mastodon: @kralcttam@mastodon.social
| Cristina Criddle / Financial Times: |
Sources: Anthropic is consulting law firms on deal negotiation tactics as it develops AI agents to negotiate on humans' behalf and interact with AI counterparts — Tech companies are being forced to confront the rules of negotiation when machines act on humans' behalf
More: PYMNTS.com, The Verge, The Decoder, and Crypto Briefing
Forums: r/Futurology, r/BetterOffline, and r/technology
Sponsor Posts
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The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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