Anthropic's IPO numbers, a $115B AI chip deal and two big breaches
6 stories~2 min read
- Top storyBusiness
Anthropic's amended IPO filing shows $17B Q3 revenue but slower growth (opens in a new tab)
Anthropic's updated S-1 shows $17 billion Q3 revenue, but growth slowed to 47% from 144% in Q2 and pricey short-term compute caused a $567 million operating loss. Price cuts cost about $600 million, a sign model prices keep falling for builders.
- Security
Binance reopens withdrawals as FBI ties $6.3B hack to North Korea's TraderTraitor (opens in a new tab)
Binance began phased withdrawals on November 1 after covering 95% of the $6.3 billion stolen, and saw $3.6 billion in net outflows. The FBI blamed North Korea's TraderTraitor group, a reminder that key and wallet operations remain prime targets.
- Business
Marvell agrees to buy Lumentum in $115B all-stock deal for AI connectivity (opens in a new tab)
Marvell will acquire optical parts maker Lumentum, paying 4.5 Marvell shares per Lumentum share, with closing expected in the first half of 2028. The bet shows that moving data between AI chips, not just compute, is now where infrastructure money is going.
- Security
Malaysia Airlines joins Asian carriers hit by Amadeus reservation data breach (opens in a new tab)
Malaysia Airlines said customer data processed by Amadeus between August 2023 and September 2026 may be exposed; JAL reported about 92,000 affected customers and Cathay about 53,000 bookings. One vendor leaking many airlines' data shows why third-party access needs scrutiny.
- AI
South Korea earmarks 4.7 trillion won for sovereign AI in record 2027 budget (opens in a new tab)
President Lee Jae Myung proposed a record 820.9 trillion won budget, with 21.3 trillion won for chips, physical AI and AI data centres plus 4.7 trillion won for a national AI model. More countries are funding home-grown models to cut reliance on US labs.
- AI
SemiAnalysis GDPx agent benchmark: best model, Claude Opus 5.5, scores 12% (opens in a new tab)
SemiAnalysis, in a post by Max Kan, Andrew Megalaa and Dylan Patel, released GDPx: 206 long agentic tasks across 11 domains. Claude Opus 5.5 led at 12.0% ($51.41 per task); Google's unreleased Gemini 4 Carbon scored 10.9% at $16.29. Agents still need close oversight.