Updated Apr 26
Nov 11, 2026
Anthropic IPO Targets $1.4 Trillion Valuation, $64 Billion Raise
Anthropic set a $70 to $78 share price range for its IPO, valuing the Claude maker at roughly $1.4 trillion on a fully diluted basis. The offering could raise up to $64 billion, with Amazon and Google holding the biggest paper gains. Trading is expected to start November 19 under the ticker ANT.
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Nov 11, 2026
Claude Meetings, Sheets, and Whiteboards Bring AI-Native Office Tools
Anthropic launched a suite of AI-native office tools — Claude Meetings, Sheets, Whiteboards, and Interactive Connectors — on Monday, taking direct aim at Microsoft 365 and Google Workspace. The tools share a single AI context across every surface and arrive just days before Anthropic's IPO roadshow.
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Nov 11, 2026
OpenAI Q3 Revenue Hits $10 Billion as Enterprise Business Doubles
OpenAI's Q3 2026 revenue rose roughly 50% quarter-over-quarter to $10 billion, CFO Sarah Friar told investors. The enterprise business doubled, reaching a 50/50 revenue split with consumer, while operating losses widened to $10.9 billion. Anthropic's Q3 revenue came in at $17 billion with nearly identical growth rates, marking the first time the two AI labs are growing at the same pace.
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Nov 10, 2026
Axonius Cuts 22% of Israeli Devs in AI-Driven Restructuring
Cybersecurity unicorn Axonius is cutting 66 jobs, including 22% of its Israeli developers, as it reshapes engineering around what its CEO calls a new AI-driven way of working. It is a concrete signal of how AI is starting to replace developer headcount.
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Jun 16, 2026
Xbox Game Studios Chief Steps Down as Layoffs Loom and Compulsion Games Shuts Down
Xbox Game Studios head Craig Duncan is stepping down just 20 months into the role, alongside chief of staff Louise O'Connor, as Microsoft's gaming division prepares another round of mass layoffs. Compulsion Games, the studio behind 2025 critical hit South of Midnight, is also being shut down.
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Jun 14, 2026
Bay Area Tech Layoffs Hit 9,284 in 2026, Already Topping H1 2025
Bay Area tech companies have cut 9,284 jobs so far in 2026, already surpassing the roughly 4,700 cuts from the first half of 2025. The latest wave includes 370 positions across ServiceNow, Salesforce, Ubisoft, Quizlet, and Verily Health.
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