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Anthropic's top investors include Amazon, Google, Fidelity Management
Anthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuation has increased significantly through numerous funding rounds over recent periods. Key investors like ICONIQ Capital and Coatue Management have also expressed confidence in its potential. Anthropic's partnerships with technology leaders enhance its resources for advancing AI development.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Anthropic IPO: Rising costs, risks, rapid growth mark AI frontrunner
Anthropic, established by ex-OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The organization has impressively generated $16.29 billion in revenue during the first half of 2026. Yet, significant operational losses due to soaring computing costs pose a challenge, along with over $500 billion in cloud computing commitments. Competing against OpenAI and Google, they must adeptly maneuver through a tough economic environment.
Timeline: Anthropic's path from AI startup to industry-defining IPO
Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.
Mumbai, Marketplace, Moscow: Three 'M's for Russian exports to India
Russian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Additionally, e-commerce giants such as Amazon India and niche platforms are playing a vital role in this process. An upcoming international export forum in Moscow aims to strengthen these ties through collaboration and technological discussions.
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS
Verizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The company has entered into a significant partnership with Amazon Web Services, securing an AI infrastructure agreement valued at over $2 billion. In the third quarter, Verizon reported a boost in subscribers that surpassed analyst predictions, though revenue dipped due to decreased device upgrades, as users kept their phones for longer.
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US stocks face crucial test as AI earnings, Fed meeting loom
US stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investors will assess whether massive AI investments can deliver sustainable returns, while the Fed’s guidance on interest rates and uncertainty surrounding the November midterm elections could shape market sentiment and volatility.
Lula beats Trump-aligned Bolsonaro in Brazil Presidential election: What happens next for US ties and the Amazon
In a decisive victory, Luiz Inácio Lula da Silva has clinched the presidency of Brazil for the fourth time, signaling a potential shift in the nation’s diplomatic ties with the United States under Donald Trump. Lula's agenda includes combatting Amazon deforestation, a stark departure from Bolsonaro's environmental stance. Meanwhile, Flávio Bolsonaro seeks to uphold his father's political legacy.
Jailer 2 OTT release update: When and where can you watch highest-grossing Tamil movie of 2026 starring Rajinikath?
Rajinikanth’s blockbuster action comedy drama will arrive on OTT next month if rumours are to be believed. Streaming giant Amazon Prime Video has acquired the streaming rights to the superhit film. The movie, helmed by Nelson Dilipkumar, has emerged as the highest-grossing Tamil movie this year.
Mirzapur: The Movie OTT release update: When and where will Guddu and Munna Bhaiya's big-screen story stream online
Mirzapur: The Movie brings Pankaj Tripathi, Ali Fazal and Divyendu Sharma back into the crime-filled world of Mirzapur, revisiting events from the first season of the hit franchise. After a strong box-office run, the film has led to curiosity among fans eager to know when they can watch Kaleen Bhaiya, Guddu Pandit and Munna Tripathi's story from home.
7 discount, cashback credit cards for online festive shopping in 2026: One of them is lifetime free
Most of us will engage in festive shopping, making credit cards an appealing choice for discounts and cashback offers. But before choosing a card, analyse fees, rewards, and conditions on cashback. Check these 7 credit cards that are offering up to 10% cashback on online shopping, among other offers. These cards also have a low joining fee and one of them is lifetime free.
Amazon Prime Video subscriber paid Rs 1,499 for a year, but ads appeared before the plan expired; court orders Rs 9,499 payout
A Hyderabad consumer commission has directed Amazon Prime Video to pay Rs 9,499 to a subscriber after advertisements appeared during his paid annual membership and the platform sought an additional Rs 699 for ad-free viewing. The commission held the platform guilty of deficiency in service and unfair trade practice, ordering a full subscription refund, Rs 5,000 in compensation and Rs 3,000 towards litigation costs.
Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rally
US stock investors are on the edge of their seats as they anticipate quarterly earnings from tech giants like Alphabet, Microsoft, and Amazon. This week is pivotal, with the Federal Reserve meeting also in sight, likely to shape how investors feel about the AI sector. After disappointing earnings from firms such as Meta and Lam Research, mixed sentiment looms over the market, especially with the midterm elections on the horizon.
Amazon cloud capacity sold out through 2027, CEO Jassy says
Amazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant commitments extending into 2028, on growing demand for AI infrastructure.
5 world market themes for the week ahead
An important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companies, including Alphabet, Amazon, and Microsoft, are set to report their earnings. Political events are also significant, with elections in Israel and Brazil influencing markets. China's leadership will hold discussions focused on party governance amidst external pressures.
Reel deal: The next big thing in online shopping is playing on your screen
E-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide a new shopping experience, combining entertainment with direct purchasing options. Consumers in tier 2 cities are particularly benefiting from this innovative approach to shopping. Companies like Amazon, Flipkart, and Myntra are adopting these technologies to boost sales. This shift may result in a significant increase in online shoppers in the coming years.
Bengaluru techie gets Rs 61 lakh repair estimate for Mercedes-Benz after crash
An Amazon software engineer in Bengaluru has shared how a highway crash during heavy rain led to a Rs 61 lakh repair estimate for his Mercedes-Benz, nearly matching the car’s original cost. Adam Rizk said the vehicle crossed a divider and landed in the opposite lane, although he escaped without major injuries. He later said the car was considered a total loss and that insurance would provide a cash payout rather than cover the repairs.
The Lord of the Rings: The Rings of Power season 3 OTT release announced: When and where to watch?
The Lord of the Rings: The Rings of Power season 3 will premiere on Amazon Prime Video on November 11, 2026, with four episodes. The remaining episodes will arrive on November 18 and 25. The new trailer teases a massive war as Sauron seeks to create the One Ring and conquer Middle-earth.
Amazon acquired Bee in 2025, its $49.99 AI bracelet took on $499 gadgets, now its wearable assistant is getting a new push
The original wearable was called the Bee Pioneer Edition. It was priced at $49.99 and came with a $19 monthly subscription. This offered a cheap entry point into AI hardware then devices such as the $499 Humane AI Pin. It aimed to bring artificial intelligence into everyday life. The acquisition was announced by Amazon in July 2025.
Skydance bets big on AI-driven content
Paramount Skydance has completed its acquisition of Warner Bros Discovery for $110 billion. The company plans to focus on reducing costs through technology rather than employee layoffs. Skydance now owns an extensive range of film, TV, and news organizations, including HBO Max and CNN. The merger comes amid increasing competition from tech giants like Netflix and Amazon.
Amazon to recruit over 300,000 workers for holiday season in first hiring jump in three years
In a significant move, Amazon plans to hire over 300,000 employees in the US for the upcoming holiday season, marking its first recruitment boost in three years. Starting next year, seasonal workers who log at least 30 hours a week will enjoy healthcare benefits. Both full-time and seasonal positions offer a generous hourly wage of $20, coinciding with the projected US holiday sales surpassing $1 trillion this year.
Nvidia’s rivals have built their own AI chips and now want to make the software switch easier
Nvidia faces competition as Amazon and Google introduce tools that allow minimal changes for chip switching. Amazon's TorchNeuron and Google's TorchTPU aim to simplify the transition for developers using PyTorch. These tools enable existing code to run efficiently on different hardware.
3M expands Amazon data center partnership, shares gain
3M said it has issued a warrant to a wholly owned Amazon subsidiary, giving it the right to purchase up to 3.16 million 3M shares over the next seven years at $164.89 per share.
Amazon says its AI chips will work with popular coding language, challenging Nvidia
Amazon has unveiled TorchNeuron, a revolutionary tool that enables PyTorch code to be executed seamlessly on its Trainium AI chips. This innovation claims to minimize the need for extensive code alterations, making integration easier for developers. Over 30 early adopters have attested to remarkable cost efficiencies, prompting industry giants like Nvidia and Google to amp up their own offerings.
Five hours a week of posting earned more than her 9-to-5: Meet Sundas Khalid of Seattle, she posted career wins on Instagram while at Amazon. In 2024 the side hustle earned $302,000
Sundas Khalid spent years building her career in Big Tech, moving from a $77,000 starting salary at Amazon to earning $292,000 a year at Google. Then her side business began bringing in even more money than her full-time job. In 2024, Khalid generated $302,000 in revenue through content creation, according to Business Insider. She spent around four to five hours a week on the business while continuing to work a 40-hour week at Google.
AWS, Microsoft can do more to address cloud services barriers, UK competition watchdog says
The Competition and Markets Authority said it would keep the possibility of launching a full strategic market status investigation into the sector under review.
Amazon launches two new portable AI listening devices
Frontier is a bracelet and Eclipse is a brick that resembles a portable magnetic charger. Users attach the devices to their smartphones. They aggregate information from calendars, apps like email and other points throughout the day that are accessed through an app or a website, Amazon said.
Elon Musk now wants an Amazon rival to challenge Jeff Bezos' empire
In a recent post on X, Elon Musk proposed the intriguing notion of launching an Amazon rival, sparked by frustrations over Amazon's obstruction of Grok bots from placing orders. This latest comment underscores Musk's continuing rivalry with Jeff Bezos in both tech and space industries, while users on X share their excitement about the potential new service, reflecting the competitive and innovative landscape of e-commerce.
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