Anthropic files for IPO, reveals soaring revenue, massive net losses

China Global Television Network (CGTN) - Oct 27, 2026

US AI company Anthropic publicly filed its prospectus for an initial public offering (IPO) on Monday, which could become the largest stock market debut in history.

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Microsoft offers buyouts to around 60,000 employees to contain costs

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Microsoft said on Monday that it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to ​contain costs and help fund its massive AI investments.

Agentic AI could strengthen financial-crime prevention, but governance, cost hurdles limit adoption: McKinsey

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Agentic AI could strengthen financial-crime prevention, but governance, cost hurdles limit adoption: McKinsey

Agentic artificial intelligence (AI) could reduce the time banks spend on know-your-customer (KYC) processes by 30 to 70 per cent, improving efficiency in financial-crime prevention, but high human oversight costs and challenges related to governance and accuracy continue to hinder its wider adoption, according to a report by McKinsey & Company.

It’s Docktober. Do You Know Where the Sea Slugs Are?

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Belt and Road Green Innovation Conference 2026 opens in Hong Kong

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Electronics, high-tech manufacturing drive China's industrial profits

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Apple says it will replace iPhone Duo units showing screen problems

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The Key Numbers From Anthropic’s IPO Filing

Oct 26, 2026

The Key Numbers From Anthropic’s IPO Filing

We broke down the A.I. company’s key figures, which give insight into the health of its business, its future plans and who’s in charge.

Microsoft Offers Buyouts to 60,000 Employees as It Spends on A.I.

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Microsoft Offers Buyouts to 60,000 Employees as It Spends on A.I.

About a quarter of the tech giant’s employees were eligible for the packages, although the company cautioned it did not expect many employees to sign on.

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