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Monday

  5. The Elec

    Anthropic Reports $16.8 Billion in Q3 Revenue and Achieves Profitability for the First Time

    Anthropic reported $16.8 billion in third-quarter revenue, up 45% quarter-over-quarter, and achieved profitability for the first time on an adjusted basis. Revenue rose from $4.7 billion in the first quarter to $11.6 billion in the second quarter. The company plans to launch an IPO after the U.S. midterm elections in November, with a target valuation of $2 trillion, while committing to invest at least $5.18 trillion in cloud and infrastructure over the next 10 years.

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    #hot-signal#Industry news#Anthropic

Tuesday

  3. BBC Chinese

    US Department of Homeland Security Orders Ban on DeepSeek in Government Systems

    The US Department of Homeland Security has prohibited civilian government agencies from using DeepSeek and technology derived from its models. The order was announced on October 19 but had already taken effect at the end of July. The ban applies to civilian agencies such as the Treasury Department, the State Department, and the Department of Justice, while agencies under the Department of Defense are not covered. BBC has contacted the Department of Homeland Security, DeepSeek, and the Chinese Embassy in the United States to request comment.

    The US Department of Homeland Security has prohibited civilian government agencies from using DeepSeek and technology derived from its models. The order was announced on October 19 but had already taken effect at the end of July. The ban applies to civilian agencies such as the Treasury Department, the State Department, and the Department of Justice, while agencies under the Department of Defense are not covered. BBC has contacted the Department of Homeland Security, DeepSeek, and the Chinese Em

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    #chinese#English text is being prepared.#DeepSeek
  12. Huxiu

    DeepSeek Completes Nearly 100 Billion Yuan Financing at a Pre-Money Valuation of 500 Billion Yuan

    DeepSeek's new financing round has closed, with fundraising guaranteed at 80 billion yuan and ultimately expected to approach 100 billion yuan, while the pre-money valuation remains at 500 billion yuan; founder Liang Wenfeng personally contributed about 20 billion yuan. In the first seven months of 2026, the company's revenue was 475 million yuan, with a net loss of 715 million yuan, and the API business gross margin was 82.9%. The funds are mainly directed toward a GW-level intelligent computing center in Ulanqab, Inner Mongolia, where the company plans to deploy 160,000 Huawei Ascend 950DT chips; the company plans to submit a prospectus by the end of 2026 and list on the STAR Market in 2027.

    DeepSeek's new financing round has closed, with fundraising guaranteed at 80 billion yuan and ultimately expected to approach 100 billion yuan, while the pre-money valuation remains at 500 billion yuan; founder Liang Wenfeng personally contributed about 20 billion yuan. In the first seven months of 2026, the company's revenue was 475 million yuan, with a net loss of 715 million yuan, and the API business gross margin was 82.9%. The funds are mainly directed toward a GW-level intelligent computin

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    #hot-signal#Industry news#DeepSeek#English text is being prepared.

Sunday

  1. The Guardian Technology

    Microsoft exits Nscale's UK Essex AI data center project over power supply issues

    Microsoft has exited UK company Nscale's AI data center project in Loughton, Essex, due to power supply issues, and will no longer serve as the project's anchor tenant. The project was once called by the UK government the country's largest sovereign AI data center and was originally planned to open next year, but UK grid operator UKPN said it would not be able to provide sufficient power until the early-to-mid 2030s at the earliest. Nscale said it remains committed to the project, is exploring alternative power supply options such as on-site generation, and said its long-term partnership with Microsoft is unaffected.

    Microsoft has exited UK company Nscale's AI data center project in Loughton, Essex, due to power supply issues, and will no longer serve as the project's anchor tenant. The project was once called by the UK government the country's largest sovereign AI data center and was originally planned to open next year, but UK grid operator UKPN said it would not be able to provide sufficient power until the early-to-mid 2030s at the earliest. Nscale said it remains committed to the project, is exploring a

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    #hot-signal#Industry news#English text is being prepared.#Microsoft