October 2026

Investigation finds dozens of ministers and civil servants moved into AI roles as government developed datacentre expansion plans The UK’s policy on datacentres and AI was developed without any meetings with environmental groups, an investigation has found. The nonprofit organisation Spotlight on Corruption said a “considerable revolving door” shaped the government’s development of “AI growth […]

Anthropic reported $11.6 billion in revenue and $974 million in operating profit for the second quarter of 2026, according to its registration statement filed with the US Securities and Exchange Commission (SEC) on October 26.  Revenue rose 1,368% year-on-year as the Claude developer prepared to list on Nasdaq under the ticker ANT.  The company generated

NurPhoto/Getty Images Anthropic, developer of AI chatbot Claude, has filed its prospectus and is expected to go public on Wall Street in November at a valuation of up to US$2 trillion. That would make it the highest-valued initial public offering (IPO) ever, ahead of SpaceX’s US$1.77 trillion listing in June. OpenAI, the maker of ChatGPT,

During Infosys’ results press conference on October 23, CEO and MD Salil Parekh revealed a new seven-year mega contract worth over $2 billion with a major global financial services institution. The deal ramps up only from the “later part of Q4 and Parekh noted that it will add over 1% to revenue growth in the

Sarvam AI has signed a five-year memorandum of understanding (MoU) with the Ministry of Defence to develop and deploy AI applications across the Indian Army, Navy and Air Force, as India expands its efforts to build indigenous AI capabilities for defence. The agreement with Headquarters Integrated Defence Staff (HQ IDS) also covers joint and integrated

Protectt.ai Labs has acquired a majority stake in AIShield, an AI security platform incubated at Bosch Global Software Technologies (BGSW), through a primary share issuance and a secondary purchase from existing investors.  AIShield will operate as an independent company, AI Shield Private Limited, under Protectt.ai, with the investment intended to fund product development, research and

Indian cloud infrastructure provider E2E Networks plans to add 5.4 megawatts (MW) of AI computing capacity powered by NVIDIA’s Blackwell architecture, increasing its total capacity by nearly 59% to approximately 14.6 MW. The proposed expansion will include NVIDIA HGX B300 systems and other Blackwell GPUs. The additional infrastructure is intended to support large-scale foundation model

Entire, a startup founded by former GitHub CEO Thomas Dohmke, has launched a Git-based developer platform that uses AI agents to review code, manage repositories and retain context from previous coding sessions. The platform, called Git Forge, is built for agent-human collaboration. Announced on October 26, the platform introduces three core features: Trails, an agent-based

Microsoft is offering voluntary exit packages to around 60,000 employees across India, the US, the UK, and Canada, giving eligible staff the option to leave the company with financial support and career-planning resources. Announced on October 26, the Voluntary Exit Offer (VEO) is available to employees at internal job level 70 and below in participating

Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boom Trillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against the United States for dominance in the sector. The