Technology

• Anthropic Expands Access to Latest AI Models for Cyber Firms
  Anthropic PBC is expanding access to its most advanced AI models, allowing a select group of organizations to test the startup’s cutting-edge cyber capabilities in collaboration with the US government.
• Startup Hark Debuts AI Agent Ahead of 2027 Hardware Launch
  Entrepreneur Brett Adcock’s artificial intelligence-focused hardware startup, Hark, introduced a new “proactive” AI app ahead of launching its first devices next year.
• ASML’s Chip Technology Move Threatens Besi Shares, BofA Says
  BE Semiconductor Industries NV’s share price doesn’t reflect the threat from fellow Dutch company ASML Holding NV in terms of an advanced chip packaging technique, Bank of America analysts said.
• Investor Pushes Snap to Raise Capital for Eyeware Business Specs
  Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.
• Uber to Buy EzCater for $2.3 Billion in Enterprise Push
  Uber Technologies Inc. is buying catering firm ezCater Inc. for $2.3 billion in a cash deal that will help the Uber Eats delivery platform reach a more corporate clientele.
• Google Accused of Overcharging 20 Million Consumers in UK Class Action
  Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million UK customers.
• JPMorgan Tops Global AI Banking Index for Fifth Straight Year
  JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence for a fifth straight year, widening its lead over rivals in an annual ranking that shows AI deployment across the industry is accelerating at a record pace.
• Revolut’s Head of Commercial Real Estate Lending Exits Fintech
  Revolut Ltd.’s chief of commercial real estate lending, Duncan Batty, has departed less than two years after joining the fintech firm.
• Nvidia Soars Near $6 Trillion Market Cap With Stock Back at High
  Nvidia Corp. is on the verge of becoming the first company with a $6 trillion market capitalization as investors rotate back into the artificial-intelligence chipmaker after a disappointing start to the year.
• Nordic Data Center Group ASP Is Said to Weigh Oslo IPO
  AI infrastructure developer ASP Data Center AS is considering an initial public offering in Oslo that could raise the equivalent of about $100 million, according to people familiar with the matter.
• AMD CEO Sees Very High Chip Demand, Urges AI Firms to Cooperate
  Advanced Micro Devices Inc.’s Lisa Su predicted “very high” chip demand continuing for the next few years, even as the industry faces challenges such as concerns over AI’s safety.
• OpenAI Apologizes for Australia Hack, Pledges Faster Disclosure
  OpenAI on Tuesday reiterated its apology for its artificial intelligence models breaching Australian government websites, pledging to work to prevent similar incidents and to respond faster if they do occur.
• Citi Takes Top Spot in Global IPO Underwriting Through September
  Citigroup Inc. took top spot for underwriters in global initial public offerings for the year through September after working on some of the biggest share sales in Asia and the US.
• Informa to Buy Events Firm from Blackstone for £2.2 Billion
  Informa Plc agreed to buy Clarion from Blackstone Inc. in a deal valued at £2.24 billion ($3 billion) including debt, which will build up the British company’s fast-growing events and trade show business.
• Seagate Said to Vie With Toshiba for TDK’s Hard-Drive Magnetic Heads Unit
  Seagate Technology Holdings Plc and Toshiba Corp. are locked in a contest for TDK Corp.’s magnetic-heads business for hard-disk drives, as the two rivals try to keep pace with demand for AI data-center storage devices.
• AI Video Startup Kling Picks Banks for $1 Billion-Plus IPO
  Kuaishou Technology’s Kling AI has picked banks for a Hong Kong initial public offering that could raise at least $1 billion, according to people familiar with the matter.
• Google, Constellation Energy Strike Deal for Nuclear Power
  Google parent Alphabet Inc. agreed to a 20-year deal to buy nuclear power from Constellation Energy Corp., as technology companies race to line up power for the data-center boom.
• Banks Chase Risky Chip Loans in Asia’s $8.2 Trillion AI Buildout
  The next wave of artificial intelligence debt financing is taking off in Asia.
• Oracle 2025 Health Breach Compromised Data of 20 Million People
  A cybersecurity breach last year of Oracle Corp.’s healthcare unit compromised personal information belonging to nearly 20 million people, according to information released by the Texas attorney general.
• OpenAI in Talks With UAE Funds, BlackRock for $30 Billion Round
  OpenAI is in talks with multiple investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, to help anchor a $30 billion round of financing for the ChatGPT maker, according to people familiar with the matter.
• Singapore’s DayOne Files for US IPO Joining Data Center Rush
  DayOne Data Centers Ltd. filed for a US initial public offering, setting the Singapore-headquartered firm up to capture investors’ resilient demand for artificial intelligence infrastructure.
• Amazon Executive to Join Pinterest as Chief Financial Officer
  Pinterest Inc. has appointed Amazon veteran James Dibbo to lead its finance team as the platform works to reposition itself as a creative alternative to other social media sites.
• San Diego Sues AppLovin Over Explicit Ads Shown to Kids’ Devices
  San Diego County has filed a lawsuit against mobile advertising technology company AppLovin Corp., alleging that it bypassed parental controls to serve ads for adult dating services, alcohol, vaping and graphic sexual content in games played by children.