Technology News

Investors Reportedly Press Anthropic Toward Lower IPO Valuation

                                                                                            

Daily Tech Reader - Technology Edition


Match Group Revenue Slips as Paying User Base Shrinks

Match Group reported third-quarter revenue of $891 million, down 3% year over year and below estimates, while paying users declined 5% to 13.8 million and its fourth-quarter adjusted EBITDA forecast also came in below expectations.

Trajectory Raises $45 Million to Bring AI Post-Training to More Users

Trajectory raised a $45 million Series A led by Sequoia at a $300 million valuation as it develops AI model post-training tools aimed at nontechnical customers.

Anthropic Filing Raises Prospect of Approaching Recursive Self-Improvement Threshold

Anthropic said in its S-1 that it may “imminently meet” its RSI threshold and warned that significant acceleration in its AI development might not be identified until after it occurs.

Mercado Bitcoin Suspends Withdrawals Following $46 Million-Plus Breach

Brazilian cryptocurrency exchange Mercado Bitcoin halted deposits and withdrawals following a breach involving more than $46 million in assets, while Tether froze more than 4.5 million USDT linked to the incident.

Investors Reportedly Press Anthropic Toward Lower IPO Valuation

Institutional investors have reportedly told Anthropic that its IPO valuation should be around $1.5 trillion to $1.6 trillion rather than earlier estimates of $2 trillion, citing a selloff in technology stocks.

Apple Services Revenue Climbs 10% to $31.57 Billion

Apple reported fourth-quarter Services revenue of $31.57 billion, up 10% year over year and narrowly below the $31.58 billion estimate.

iPhone and Mac Sales Rise While iPad and Wearables Decline

Apple reported fourth-quarter iPhone revenue up 17% year over year to $57.58 billion and Mac revenue up 24% to $10.8 billion, while iPad revenue fell 10% and Wearables, Home, and Accessories declined 8%.

Apple Revenue Rises 12% to $114.48 Billion

Apple reported fourth-quarter revenue of $114.48 billion, above estimates and up 12% year over year, while China revenue rose 21% to $17.5 billion but fell short of expectations.

Palantir Revenue Surges 96% as Company Raises Full-Year Guidance

Palantir reported third-quarter revenue of $2.31 billion, up 96% year over year, as U.S. commercial revenue climbed 148% and the company raised its fiscal 2026 revenue guidance to about $8.53 billion.

Roku Posts 24% Revenue Growth in Third Quarter

Roku reported third-quarter revenue of $1.5 billion, up 24% year over year, with its platform, advertising, and subscription businesses each reporting growth of roughly 23%.

Researchers Explore Using LLMs to Directly Edit Neural Network Weights

Researchers reported that large language models can read and write neural network weights, with GPT-6 Astra editing Qwen3.5-0.8B’s weights in an experiment intended to improve its mathematics performance.

SUSE Plans Workforce Reduction as AI and Automation Reshape Operations

Linux distribution vendor SUSE is reportedly laying off about 10% of its workforce, saying automation and AI are fundamentally changing how software companies operate.

OpenAI Introduces Program to Ease Data Center Demands on the Power Grid

OpenAI launched its Grid Protectors Program, a U.S. initiative for future data center campuses designed to reduce electricity demand when the power grid is under strain.

Tutor Intelligence Raises $75 Million for AI Warehouse Robotics

Tutor Intelligence raised a $75 million Series B led by a16z, bringing total funding to $117 million as the company develops robot foundation models and AI-powered warehouse robots.

DeepSeek Adds Creator Mode for Building Custom Plugins

DeepSeek introduced a creator mode for DeepSeek Harness that lets users create custom plugins for applications including 3D model rendering and video editing.


Sources: Bloomberg, TechCrunch, The Block, Wall Street Journal, The Wrap, 9to5Mac, Apple, CNBC, Variety, Rikiya Takehi, The Register, OpenAI, Forbes



Copyright © 2026 Daily Tech Reader
All Rights Reserved