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Revolut Swaps Claude Code for Chinese GLM, Cuts Coding Costs 90%

Nov 8, 2026

Revolut Swaps Claude Code for Chinese GLM, Cuts Coding Costs 90%

Revolut has moved roughly 2,000 engineers from Anthropic's Claude Code and OpenAI's Codex to a self-hosted instance of GLM 5.3, an open-weight model from Beijing-based Z.ai, cutting AI-assisted coding costs by approximately 90%. David Abitbol, who leads AI operations and infrastructure at Revolut, shared the migration story at the AI Engineer conference in New York, detailing how the fintech tuned the model from a "terrible" out-of-box experience of 14-second latency down to 1.6 seconds. The move underscores a growing trend: well-funded engineering organizations are betting on self-hosted open-weight models over per-seat SaaS subscriptions for AI coding tools.

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Anthropic Presses Ahead With Pre-Thanksgiving IPO at Lower Valuation

Nov 8, 2026

Anthropic Presses Ahead With Pre-Thanksgiving IPO at Lower Valuation

Anthropic is pushing ahead with its Nasdaq IPO before Thanksgiving despite a brutal tech selloff that has slashed expectations from $2 trillion to as low as $1.1 trillion. The Claude developer aims to raise $80-100 billion at a $1.25-1.75 trillion valuation, riding $81 billion in annualized revenue. But voter backlash against AI data centers and jittery public markets are testing whether the first pure-play AI IPO can land cleanly.

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The 7 Best BOM Management Software Options for Lean Hardware Teams in 2026

Nov 4, 2026

The 7 Best BOM Management Software Options for Lean Hardware Teams in 2026

Modern hardware startups can get surprisingly far on ingenuity and Google Sheets—right up until the first engineering change order derails the whole operation. Version‑confused spreadsheets, supplier prices expiring overnight, and hand‑copied part numbers conspire to slow prototypes and inflate costs. No wonder the global bill‑of‑materials (BOM) software market is projected to jump from USD 8.20 billion in 2023 to USD 25.69 billion by 2033 (12.1% CAGR). If you’re an indie maker or small engineering team, switching to a dedicated BOM platform is one of the quickest ways to reclaim bandwidth. Below you’ll find seven best BOM management software.

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