Anthropic targets $64.4 billion in initial public offering
Anthropic has set a price range for its upcoming initial public offering between $70 and $78 per share, with plans to offer approximately 825 million shares to raise up to $64.4 billion. Alongside the public offering, the company is seeking to finalize a separate private placement worth $26 billion with the participation of major strategic investors, ahead of its expected trading debut on the Nasdaq on November 19.
Google launches Gemini 4 Carbon for complex reasoning
Google has officially launched Gemini 4 Carbon, a flagship model designed for complex cognitive tasks, scientific reasoning, software engineering, and extended agentic workflows. The new model utilizes greater compute to explore potential solutions and verify intermediate results compared to Gemini 4 Argon, and is being rolled out with introductory API pricing through the end of November.
Alphabet discloses major investment stake in Qualcomm
Google parent company Alphabet has disclosed a nearly $548 million investment stake in Qualcomm, built up during the third quarter. This financial disclosure comes as Qualcomm expands its ambitions beyond the smartphone market into AI data center processors, targeting $15 billion in revenue by 2029.
Google acquires Wyoming data center site from Crusoe
Google has officially acquired a data center site in southeastern Wyoming from artificial intelligence infrastructure development firm Crusoe, following the latter’s completion of its initial development role on the property. This move follows Google’s announcement of a $17 billion investment plan to develop infrastructure in the state.
Tech giants back unified signal to opt out of training
Four major AI development companies—Google, OpenAI, Anthropic, and Microsoft—have committed to respecting a unified signal within robots files that allows websites to opt out of having their content used to train generative AI models. This step spares publishers from having to block each company’s crawler individually, with Microsoft adding special attribution controls.
Alphabet shares post largest drop in two decades
Alphabet shares fell by nearly 12.6% in US trading on October 29, marking the company’s largest daily percentage drop in over 20 years, according to the Associated Press. The decline wiped out about $500 billion from the company’s market capitalization amid investor concerns over heavy capital expenditures and slowing cash flows.
Finnish police investigate Google data center site
Finnish police have opened a criminal investigation into potential environmental damage linked to preparatory work for a Google data center near Muhos in northern Finland. Investigators are examining whether Google’s Tuike Finland subsidiary cleared forests and carried out water drainage work before completing legally required environmental assessments.
Google adds interactive educational library to Gemini app
Google has added an immersive exploration library to its Gemini app, allowing users to visually explore scientific and historical topics layer by layer from microscopic systems to deep space. The library launches inside the Gemini Student Hub with 20 pre-made topics in six global languages to enhance smart study tools.
OpenAI plans to buy Google chips
Reports published by The Information and Bloomberg indicate that OpenAI plans to directly purchase Google’s Tensor Processing Units. This move would shift OpenAI from renting Google’s cloud chips to actually owning them, as part of its efforts to diversify computing resources and reduce its exclusive reliance on Nvidia processors.
Google unveils new Gemini Carbon model
Google has announced its new Gemini 4 Carbon model, which it describes as its most powerful model equipped with advanced capabilities in cybersecurity and long-horizon tasks, just two weeks after releasing the Gemini 4 Argon model. The new model topped version 5.0 of the Artificial Analysis intelligence index with 59 points, and will be made available first to a select group of cyber defenders.