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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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As AI tools reshape the battleground of the 2026 midterm elections, political campaigns are leveraging technology to redefine how they raise funds and engage voters. From predictive analytics enhancing donor outreach to the ethical concerns posed by deepfakes and misinformation, AI is both a boon and a challenge in modern political strategies. With more than $500 million raised through AI-driven methods, the stakes are higher than ever, prompting discussions about regulation and the role of AI in shaping the political landscape.

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IMF Chief Sounds Alarm Over AI Risks from Anthropic’s Claude Mythos Preview

Apr 11, 2026

IMF Chief Sounds Alarm Over AI Risks from Anthropic’s Claude Mythos Preview

In a recent "Face the Nation" interview, IMF Managing Director Kristalina Georgieva expressed serious concerns about the cybersecurity threats posed by Anthropic's latest AI model, Claude Mythos Preview. Highlighting potential massive cyber risks to the international financial system, Georgieva emphasized the urgent need for global collaboration and stronger protective measures.

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OpenAI's Sora Shutdown Rings Alarm Bells for Chinese AI Video Ventures

Apr 8, 2026

OpenAI's Sora Shutdown Rings Alarm Bells for Chinese AI Video Ventures

OpenAI has pulled the plug on its Sora text-to-video AI, once boasting a million users, due to its underperformance, safety concerns, and dwindling commercial appeal. The closure is a stern warning to Chinese tech companies eager to dive into unproven generative AI video technologies. The downfall of Sora signals important lessons around the pitfalls of deepfake risks and the importance of aligning tech with market needs.

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