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• IPO prospectus: Anthropic reports a net loss of $42B in 2025, with operating losses of $8B+; revenue grew 12x to ~$4.6B, ~25% of which came from two customers (Echo Wang/Reuters)
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• AMD agrees to acquire Fei-Fei Li's World Labs for $8.2B in an all-stock deal expected to close by year-end; Li will join AMD as EVP and chief scientist (Edward Ludlow/Bloomberg)
• Sources: Blockchain.com tells prospective investors it wants to go public this year, seeking to raise about $500M in an IPO targeting a $4B to $6B valuation (Bloomberg)
• Sources: OpenAI offered to invest ~$100M in Hugging Face before Nvidia's $13B acquisition, but talks fell apart; AMD and Salesforce also held talks (Kate Rooney/CNBC)
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• Anthropic releases Sonnet 5.5, saying it generates outputs 30%+ faster than Sonnet 5 and costs up to 30% less per task, and plans to release Haiku 5.5 soon (Anthropic)
• Google says it will migrate Gems, which let users create custom versions of Gemini, to "skills", starting Nov. 17; Google introduced skills with Gemini Spark (Abner Li/9to5Google)
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