Anthropic Plans Fund for 5% of Shares Ahead of IPO
Anthropic unveiled a plan to put 5% of its shares into a fund, according to the report. The fund's details are not included in the available text.
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Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
Firmus scraps $5 billion IPO after valuation pushback
Nvidia-backed cloud-computing company Firmus Grid abandoned plans to raise $5 billion in Australia's largest IPO in nearly 30 years after investors balked at its proposed $30 billion valuation. The company said it will instead pursue further private investment.
Broadcom reports record Q3 revenue, lifts Q4 AI outlook
Broadcom reported record Q3 FY 2026 revenue of $29.6 billion, with AI semiconductor revenue up 221% to $16.7 billion. It guided Q4 consolidated revenue to $34.8 billion and AI revenue to $21.7 billion.