Anthropic seeks lower $1.4trn stock market float, Nvidia and Huang sued in US over spy claims


AI chatbot maker Anthropic
stock market valuation of up to $1.4trn (£1trn). It means the maker of the Claude AI assistant will not launch the largest public listing, as had been anticipated. Instead, Elon Musk’s company will remain the most expensive initial public offering (IPO) at $1.77trn. The target valuation, however, would still make one of the most valuable companies in the world. It would be behind just a handful of tech giants in value, with titans like Nvidia, Apple and Microsoft outpacing it.

After flying to Austin, Texas, and experiencing Starlink Wi-Fi on the flight out for the first time – with 200Mbps+ sustained download speeds throughout – it’s clear that the home of Tesla is alive and well. Austin, which houses and corporate headquarters, is also the only city where the brand’s new Cybercab is operational, with Dallas expecting a phased entry later this month. The Cybercab, which is a purpose-built, two-seater vehicle, has no steering wheel. It is therefore the first Level 5 autonomous vehicle operating to the public. T3.com

Thousands of households across the UK will start receiving Amazon deliveries by drone after the tech giant expanded its use of the technology. Amazon launched a trial of its Prime Air service in May that enabled parcels weighing up to 2.2kg to be delivered to around 600 households within a 7.5-mile radius of its Darlington warehouse. The company is now extending this service to around 8,000 households after securing a key approval from the Civil Aviation Authority (CAA). Telegraph 

Australia plans to create a new and has flagged criminal penalties for tech companies who do not comply, months after an OpenAI hack. In September, Australia’s Prime Minister Anthony Albanese revealed that a rogue OpenAI agent had “infiltrated” a government health website and other systems, and criticised the company for taking months to tell them about the hack.On Tuesday, he released the 18 recommendations made after a “rapid review” into the breaches including new safety and security standards for AI companies. BBC

Nvidia and its chief executive, Jensen Huang, have been accused of misleading shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company. The legal action came as Donald Trump said the FBI was investigating Huang’s affair with an alleged Chinese spy. According to a complaint filed in federal court in ​California, Nvidia and Huang misled shareholders in connection with the executive’s alleged ​affair with Alice Huang, a former executive of Singapore-based ⁠Megaspeed, who is not related to him. The Guardian 

Vodafone plans to cut around 2,300 jobs in Germany over the next two financial years as part of an accelerated restructuring programme aimed at improving competitiveness, reducing costs and supporting sustainable growth. The telecommunications operator is simplifying its organisational structures, increasing the use of AI and automation, and strengthening cooperation between its commercial divisions and customer service operations. Broadband TV News 

Apple is expected to launch the standard iPhone 18 and the iPhone Air 2 in spring 2027. While several leaks have already revealed details about both upcoming models, a new leak has now given us a look at their alleged dummy units. Tipster Smart Pikachu has shared images of the alleged dummy units of the iPhone Air 2 and iPhone 18 on Weibo.

iPhone Air 2 and iPhone 18 dummy models leak

The iPhone Air 2 dummy unit appears to feature a dual-rear camera setup and a slimmer chassis than the original iPhone Air. GSM Arena 

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Original source Anthropic seeks lower $1.4trn stock market float, Nvidia and Huang sued in US over spy claims

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