AI news this week

1. Business & Funding 28 Oct 1 source

   AMD invests $1B in Meta equity

   AMD (NASDAQ:AMD) has committed $1 billion to Meta Platforms (NASDAQ:META) in an equity offering, deepening a partnership that spans CPUs, GPUs, networking, systems and software.

   1 source

   finance.yahoo.com
2. Business & Funding 27 Oct 2 sources

   Broadcom CEO Hock Tan agrees to higher rates to secure bank participation in $63B Anthropic debt deal

   Broadcom CEO Hock Tan negotiated at the last minute to secure bank participation in a $63B debt deal for Anthropic, the largest financing ever for AI infrastructure.

   2 sources

   wsj.comstocktwits.com
3. Policy & Regulation 28 Oct 9 sources

   DOJ probes Nvidia’s $12.93 billion Hugging Face deal over competition concerns

   Nvidia’s $12.93 billion acquisition of Hugging Face—announced in September 2026—faces scrutiny from the U.S.

   9 sources

   reuters.comcnbctv18.comfinance.yahoo.comthenextweb.com+2
4. Business & Funding 29 Oct 1 source

   Cognition weighs new funding round at $70B-$80B valuation

   AI coding startup Cognition is reportedly considering a new funding round before the end of the year, with offers valuing the company between $70 billion and $80 billion.

   1 source

   businessinsider.com
5. Business & Funding 27 Oct 14 sources

   Microsoft reports fiscal first-quarter revenue of $92.3 billion, up 19%, with Azure revenue at $33.2 billion

   Microsoft announced its fiscal 2027 first-quarter results, reporting revenue of $92.3 billion, a 19% year-over-year increase, and net income of $36.6 billion, up 32% on a GAAP basis.

   14 sources

   BBC TechnologyUnite.AIfinance.yahoo.comreuters.com+6
6. Business & Funding 26 Oct 22 sources · primary source

   Anthropic files S-1 for Nasdaq IPO targeting up to $100 billion in proceeds at a $2 trillion valuation

   Anthropic publicly filed its Form S-1 registration statement with the SEC on October 26, 2026, for a planned Nasdaq IPO under the ticker 'ANT'.

   22 sources primary source

   finance.yahoo.comnote.comeuropeanbusinessreview.comTechCrunch AI+10
7. Business & Funding 27 Oct 5 sources

   Anthropic files for IPO, reports $16.3 billion first-half revenue; Sen. Warren probes safety risks

   Anthropic filed an S-1 registration statement with the SEC on October 26, 2026, planning to list on Nasdaq under the ticker ANT.

   5 sources

   cryptobriefing.comfinance.yahoo.comseekingalpha.com
8. Research 26 Oct 13 sources

   OpenAI and Anthropic claim their AI models refuted the Exponential Time Hypothesis

   OpenAI and Anthropic each announced that their internal AI models produced proofs disproving the Exponential Time Hypothesis (ETH), a long-standing conjecture in computational complexity theory.

   13 sources

   tech.yahoo.comTechCrunch AIcryptopolitan.comtechtimes.com+9
9. Research 26 Oct 5 sources

   OpenAI says its models proved the local smoothing conjecture in every dimension

   OpenAI announced on October 26, 2026 that its AI models produced proofs of three major scientific results: the local smoothing conjecture in every dimension (which implies the Kakeya and Stein’s restriction…

   5 sources

   The Verge AInote.comUnite.AIyourstory.com+1
10. Business & Funding 27 Oct 3 sources

    Oracle commits $300 billion to OpenAI’s cloud over five years

    Oracle and OpenAI announced an expanded partnership focused on cloud infrastructure and enterprise distribution.

    3 sources

    Small Business Trendscryptobriefing.com

The full recap for 26 October to 1 November 2026: all 505 stories ranked, model releases and deals →