SpaceX secures $40B for AI chip purchases backed by Starlink revenue

‘The Big Money Show’ panel discusses SpaceX reporting a 161% revenue increase as Elon Musk addresses a potential Tesla merger. Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units for its artificial intelligence operations, highlighting the enormous sums being spent in the race to build AI computing capacity….

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As AI becomes more fractured, one names stands out: AMD

As Anthropic rushes to takes its shares public, the AI trade is showing cracks, and they are not confined to fringe players.  We recently wrote about CoreWeave, which fell 15.5% on Oct. 14 as yields on its 2032 notes touched 15%, and its default-swap spreads nearly doubled in October. IREN is down more than 20%…

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Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS

Verizon raised its annual forecast for wireless subscriber additions on Monday, betting on strong demand for its simplified ⁠plans, and signed an AI infrastructure deal worth more than $2 billion ​with Amazon Web Services. For ​the third ​quarter, the telecom carrier reported nearly double the analysts’ estimate for monthly-bill-paying wireless subscriber gains at 406,000, against…

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Anthropic IPO live updates: AI lab’s S-1 filing

Anthropic is officially headed for the public market in what is expected to be a historic offering for a five-year-old company that’s been at the heart of the generative artificial intelligence boom.  In a filing with the Securities and Exchange Commission, Anthropic said it plans to list on the Nasdaq under ticker symbol “ANT.” The…

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Anthropic’s Claude AI accessed Georgia voter data

FOX Business’ Madison Alworth reports on Anthropic’s warning regarding self-replicating artificial intelligence models. Anthropic’s Claude AI model accessed publicly available voter data through Georgia’s data hub, state officials and the company confirmed to FOX Business on Sunday. The Georgia Secretary of State’s office stressed that the bot did not access a voter file or the…

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How AI is transforming hurricane forecasts : NPR

A satellite image provided by the National Oceanic and Atmospheric Administration (NOAA) shows Hurricane Isaias approaching the Gulf Coast of Alabama and Florida on Friday, Oct. 9 2026. NOAA/NOAA hide caption toggle caption i NOAA/NOAA Hurricane forecasters are increasingly using artificial intelligence to make predictions — and they say the technology is rapidly transforming the…

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