Simply the latest news, updated on the hour.

Mon, Oct 26, 2026, 2:02 PM EDT

Tech

  • Artificial intelligence continues to dominate headlines, with Anthropic officially filing for an IPO, signaling a major step towards public trading.

  • Major funding rounds are shaping the AI landscape, including a substantial $600 million for a self-driving excavator startup and SpaceX securing $40 billion in GPU financing.

  • Tech giants are adapting to the AI era, with Microsoft reportedly offering buyouts to 60,000 employees and Apple unveiling new iPad models with advanced chips and displays.

  • The integration of AI into everyday products and services is expanding, from Tesla's Full Self-Driving being available on Turo to new AI-powered wearables and gadgets.

  • Concerns about AI's impact persist, with discussions on the potential for AI to expose internet infrastructure vulnerabilities and the ongoing 'AI graveyard' of failed projects.

Money

  • Global markets reacted with volatility to Brazil's presidential election results, as Lula da Silva secured a fourth term, surprising investors and causing Brazilian markets to crash.

  • The energy sector faces ongoing disruption, with oil prices fluctuating due to diplomatic efforts between the U.S. and Iran, while Saudi Arabia navigates attacks and regional tensions.

  • Developments in artificial intelligence continue to dominate headlines, from major tech companies like Meta and Microsoft announcing AI expansion plans and efficiency-driven buyouts, to ethical concerns and security risks surrounding AI tools.

  • The cryptocurrency market is experiencing a mixed performance, with Bitcoin fluctuating around the $80,000 mark amid upcoming Federal Reserve decisions and global economic uncertainty, while regulatory scrutiny and security concerns persist.

  • Geopolitical conflicts, particularly the war in Ukraine and tensions in the Middle East, continue to impact global financial markets, influencing energy prices, cybersecurity, and international relations.

Power

  • Artificial intelligence company Anthropic is preparing for a significant IPO, revealing substantial operating profits alongside immense compute costs and the backing of notable figures like Elon Musk.

  • The power sector sees continued interest in nuclear energy, though stock market performance doesn't reflect this enthusiasm, with European gas prices also experiencing a sharp rise.

  • Global diplomatic efforts are intensifying as tensions rise in the Middle East, with delegations visiting Tehran to avert potential US and Israeli military action against Iran.

  • Political upheaval is noted in Serbia, where a student-led movement has ousted the incumbent government, signaling a potential shift towards EU integration.

  • Cybersecurity threats remain a concern globally, with warnings issued about potential disruptions to online services and incidents involving data breaches and hacking attempts.