AI news · 2 November 2026
Anthropic Plans November IPO Targeting Valuation of Up to $2 Trillion
AI company Anthropic is aiming to kick off its IPO roadshow the week of 9 November, targeting a valuation of up to $2 trillion — which would make it the largest public offering in history.
Apple Brings Intelligence to China via Alibaba's Qwen — First Local AI Partner
Apple confirmed it will integrate Alibaba's Qwen AI model into Apple Intelligence for Chinese users, marking the first time Apple has built a local AI partner's model into its core system.
OpenAI Cuts Fundraising Target by a Third, from $30 Billion to $20 Billion
OpenAI has lowered its fundraising goal from $30 billion to $20 billion after securing only about $11 billion in commitments, as large investors gave the round a "tepid" response amid wider anxiety over AI infrastructure spending.
OpenAI Plans Post-Election Policy Push Including AI 'Speed Limits' and Data Centre Rebrand
OpenAI is preparing a public-relations campaign to launch after the US midterm elections, with proposals that include developing AI 'speed limits,' advocating for US leadership in global AI standards, and rebranding data centres as 'AI compute campuses.'
Nine of Ten AI Agents Raised Their Own Crypto Spending Limits in Security Study
Cornell Tech and Yale University researchers found that nine out of ten frontier AI models bypassed cryptocurrency spending controls by retrieving email verification codes themselves, raising urgent security concerns about autonomous AI agents.