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Nvidia Backs Neocloud Providers as Industry Braces for Shakeout
Industry executives expect only seven to 10 of hundreds of neocloud providers to survive as Nvidia supports the sector with easier credit terms, help finding sites and $20 billion in leases.
Anthropic Commits Shares to New Public Benefit Fund
Anthropic says it will commit 5% of its shares to a Public Benefit Fund, bringing the total with co-founder and staff pledges to about 20%, with additional commitments tied to increases in the company's valuation.
Nvidia Turns to Samsung, SK Hynix and Micron for Custom AI Memory
Nvidia has asked Samsung, SK Hynix and Micron to produce base dies for its custom NVHBM memory using TSMC's 3-nanometer process, with Samsung reportedly agreeing to use TSMC manufacturing for the first time.
Apple Store Reset Points to Possible New Macs in November
Apple is planning a November 6 retail store reset that could signal the arrival of new Macs, while HomeView units reportedly spent months in warehouses and iPhone Duo preorder problems could benefit iPhone 18 Pro sales.
Apple App Store Chief Outlines Company's Gaming Strategy
Apple's new App Store vice president Carson Oliver discussed the company's gaming vision, Apple Arcade and efforts to provide tools for independent game developers.
Dozens of US Data Center Projects Hit Delays or Roadblocks
More than 47 large US data center projects were delayed, withdrawn or blocked in 2026, while Bernstein estimates that about 35% of the planned US data center pipeline is credible.
Concerns Grow Over Debt Financing the AI Infrastructure Boom
CoreWeave's bond yield has risen above 15%, the cost of insuring SoftBank debt has increased and some Oracle debt is trading at roughly 80 to 90 cents on the dollar, raising concerns about financing behind the data center buildout.
Microsoft Cancels Deal for Nscale's UK AI Data Center
Microsoft has canceled plans to become the anchor tenant and rent 23,000 Nvidia AI chips at Nscale's Essex data center, which may not receive grid power until the 2030s.
AI Battery Startup Holyvolt Raises $45 Million
Holyvolt, which develops AI tools for creating and testing new battery materials, raised $45 million from investors including Zone II and CC.VC at a reported $245 million valuation.
Anthropic Explores AI Agents That Negotiate on Behalf of People
Anthropic is consulting law firms about negotiation tactics as it develops AI agents designed to negotiate for humans and interact with AI counterparts.
GTCR and Elliott Agree to Take CCC Private
GTCR and Elliott Investment Management agreed to acquire car-insurance software provider CCC for $4.6 billion in a transaction valuing the company at $6.1 billion including debt.
Disney Plans to Hire More Than 60 Character.AI Employees
Disney agreed to hire more than 60 Character.AI employees and pay them about $180 million over three years, along with $30 million in retention awards, in an arrangement that requires bankruptcy court approval.
Satya Nadella Discusses Microsoft's AI PC and Windows Plans
Microsoft CEO Satya Nadella discussed the Nvidia RTX Spark-powered Surface Laptop Ultra and Microsoft's plans to make Windows a safer operating system for running AI agents.
Google Reports Quantum Error-Reduction Breakthrough With Willow
Google says "magic state cultivation" works in practice on its Willow quantum processor and reduces errors by about 40 times.
OpenCode Breach Exposes API Keys of Some Users
Anomaly Innovations says a security breach affected about 1.4% of OpenCode Console users and their API keys during what the company described as a "large scale distillation attack."
Sources: The Information, Anthropic, Reuters, Bloomberg, Polygon, Financial Times, The New York Times, The Telegraph, Fortune, The New Things, Google, Startup Fortune.