AI news · 30 October 2026

Alphabet Suffers Its Worst Day Ever as Wall Street Doubts AI Payoff
Google's parent company lost roughly $500 billion in market value in a single day after Q3 results showed surging AI spending wiping out free cash flow, triggering its steepest stock drop since its 2004 IPO.

Google Unveils Gemini 4 Carbon, Its Newest Frontier Model for Coding and Cybersecurity
Google announced Gemini 4 Carbon, its next frontier model arriving two weeks after Gemini 4 Argon, with significant gains in coding, agentic tasks and cybersecurity defence — with cyber defenders getting access first before a broader rollout.

Anthropic Files for IPO That Could Value Company at Between $1.5 Trillion and $2 Trillion
Anthropic filed its Form S-1 registration statement with US regulators on Monday, revealing $16.3 billion in first-half revenue and a loss of nearly $81 billion over the same period, as it pursues what could be one of the largest IPOs on record.

Mistral Releases Open-Weight 1-Trillion-Parameter Model 'Large 4' on Hugging Face
French AI startup Mistral has made its flagship trillion-parameter model freely downloadable on Hugging Face, claiming it leads all other open-weight models on a key coding benchmark and ties with China's top open model on a separate coding-agent test.

Waymo and Toyota to Build Self-Driving Robotaxis for Japan and the UK
Waymo and Toyota announced on Friday that Toyota will manufacture and integrate Waymo's autonomous driving system into 2027 bZ4X electric vehicles at its Takaoka factory in Japan, targeting robotaxi services in Japan and the UK.
