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.
Nov 10, 2026
Jensen Huang Drops AI Events as Nvidia Opens Investigation
Nvidia's board is investigating whether CEO Jensen Huang was targeted by a foreign intelligence operation after he admitted to an affair in a staff memo. Huang has dropped out of two AI events this week, and the uncertainty is already shaking the AI infrastructure builders rely on.
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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May 11, 2026
Telus’s BC sovereign AI build could add real Canadian compute — or just better branding
Canada and Telus say they’re advancing a sovereign AI infrastructure build in British Columbia, with three planned data centres and more than 60,000 GPUs by 2032. The big question for builders is not the ribbon-cutting; it’s whether this becomes usable Canadian compute with clear access, pricing, and procurement paths — or stays a policy label with nice hardware attached.
May 4, 2026
Legal AI Startup Legora Now Valued at $5.6B After Nvidia Investment
Legora just hit a $5.6B valuation after scoring Nvidia's backing. Competing fiercely with Harvey, they've hit $100M ARR, serving over 1,000 law firms globally in only 18 months.
May 2, 2026
Nvidia CEO's Vision: AI Dominance and Market Growth by 2026
Nvidia's Jensen Huang declares nearly complete control over the AI chip market. With 90% share and Blackwell GPUs launching, Nvidia eyes $100B annual revenue by 2026. Builders should watch for opportunities and challenges.