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ServiceNow shares fell 27% on Thursday, marking the worst single-day performance on record, after the company's third-quarter results fell short of expectations, reigniting market fears about AI disruption. Revenue for the quarter rose more than 20% year over year to $4.11 billion, roughly in line with LSEG analysts' expectation of $4.10 billion, but adjusted earnings per share of $1.00 came in below the $1.02 expected. Although the company slightly raised its full-year 2026 subscription revenue

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GitHub said in its Octoverse report on October 28 that Pull Requests merged over the past twelve months reached 1.3 billion, averaging 3.5 million per day, three times the figure for the same period last year. More than 40% of Pull Requests begin with an agent-drafted opening, compared with 17% in March 2026; projects containing an AGENTS.md file receive eight times as many commits as projects without such a file. TypeScript and Python each have about 13 million monthly contributors, tying as th

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On October 27, Sarvam AI announced that it had signed a memorandum of understanding with India's Headquarters Integrated Defence Staff (HQ IDS) to establish a unified framework for AI projects for the Army, Navy and Air Force. Sarvam will design, develop and deploy AI applications for operations, training and decision support, with the three services and joint agencies sharing the same foundation models, agent infrastructure, and geospatial and perception systems. The work is handled by Chanakya

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Meesho said on its Q2 FY2026-27 earnings call that AI agents have become its default way of developing software: one engineer leading a group of agents can take on the work of what used to be a three-person team, and 65% of teams are driven by a single engineer. The company said its internal productivity score rose 171% from March to September 2026, code review approval time fell 41%, and the time for a model to enter online testing shrank from 17 days to 3 days. At the same time, AI has also pu

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Unitree Technology released its 2026 third-quarter financial report on October 28. Third-quarter revenue rose 69.93% year on year to 665 million yuan, while total profit fell 27.78% year on year to 112 million yuan. From 2023 to 2025, Unitree's revenue was 159 million yuan, 393 million yuan, and 1.699 billion yuan, respectively, with a three-year compound growth rate of 226.78%. Net profit shifted from a loss of 11.1451 million yuan in 2023 to 278 million yuan in 2025. The report noted that robo

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Anthropic has filed a prospectus with the SEC, planning to list on Nasdaq under the ticker "ANT", with first-half revenue of US$16.3 billion and operating profit in the second quarter. Founded five years ago, the company has raised nearly RMB 140 billion in the private market; its IPO valuation is expected at US$1.5 trillion to US$2 trillion, with projected compute investment of US$800 billion. OpenAI announced in September that it would not go public this year, leaving Anthropic to push ahead w

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Peng Zhihui, co-founder, president and CTO of Zhiyuan, said at the 2026 Zhiyuan Innovation Day that in the first half of 2026, Zhiyuan's robot shipments reached 9,700 units and revenue approached 2 billion yuan; as of September, a cumulative 20,000 robots had rolled off the production line. Zhiyuan also stated that the penetration of general foundation models into the embodied field is a major trend, embodied models will become increasingly large, and this year's training cluster will approach a

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Dowson Tong, Senior Executive Vice President of Tencent Group, described WorkBuddy as a personal Agent for the office track and said Tencent is connecting multiple products for AI agents. WorkBuddy was launched in March this year and competes in the same track as ByteDance's Doubao Work and Alibaba's Qwen Office, and its token consumption has already surpassed Tencent's chatbot Yuanbao. WorkBuddy originated from Tencent Cloud's developer tools team and nearly got cut around 2022 when Tencent was

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The US Department of Justice has opened an inquiry into Nvidia's $12.93 billion acquisition of Hugging Face, assessing the deal's impact on AI competition, with the core focus being whether the transaction would give Nvidia control of a fundamental distribution point for AI models and software. Nvidia announced the acquisition on September 3, 2026, with consideration including approximately $11.9 billion in cash and up to $1 billion in employee retention equity incentives, and the deal is expect

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Microsoft announced on Thursday that it plans to issue $25 billion in bonds, using its S&P AAA rating to finance infrastructure expansion. Management has set a 2026 capital expenditure target of $170 billion to meet demand from customers such as Anthropic and OpenAI. The company said the net proceeds will be used for general corporate purposes, which may include working capital, capital expenditures, share repurchases, acquisitions, and repayment of existing debt. The offering is expected to clo

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Mintive has completed a new $7 million funding round led by Cowboy Ventures, bringing total funding to $11 million. The company says it currently handles 2.5 million agent calls per day, serves more than 50 paying enterprise customers, and has processed over 200 million cumulative calls in seven months. Its platform assigns each agent an independent identity, scoped permissions, and traceable operation records; underlying service credentials remain within the gateway, agents access tools through

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On October 29, at the Android Dev Summit 2026, Google announced that multiple core Android XR development tools have entered the stable phase, with the 1.0 stable versions of Jetpack SceneCore, ARCore for Jetpack XR, and XR Runtime released on October 21. On the same day, XREAL AURA, a wired XR glasses product developed in collaboration between Google and XREAL, was officially released, featuring a 70-degree field of view and a glasses body weighing less than 95 grams, with a limited-time launch

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According to cnBeta, SpaceX's revenue from Anthropic has surpassed the payments made by the U.S. federal government, making Anthropic its largest single customer and contributing more than one-third of revenue. The agreement between the two parties stipulates that Anthropic will use computing power from SpaceX's Memphis data center, paying up to $120.5 billion over the contract period through 2029, at approximately $3.1 billion per month starting this December. Anthropic may terminate the contra

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According to Bloomberg, U.S. robotics AI company Physical Intelligence is in talks for a new funding round of at least $1 billion, with existing investors Avenir and Lux Capital considering leading the round, and a post-money valuation expected at about $20 billion. The company was founded in 2024 and was valued at $5.6 billion in its November funding round last year; it currently has no commercial revenue and has not mass-produced robot products. Its technical approach is to build on VLM by int

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The U.S. General Services Administration (GSA) and Anthropic announced on October 27, 2026 the expansion of the OneGov agreement, under which government buyers receive a 40% usage-based discount on Claude Enterprise, Claude for Government, and the Claude API, with the scope extended from the federal government to state, local, tribal, and territorial governments. The agreement sets no minimum purchase volume; agencies pay based on actual usage and can place orders through direct sales, resellers

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AGMAI, composed of nine mathematicians, called on OpenAI to immediately publish the natural-language and Lean versions of its claimed proofs of Yang-Mills theory, quantum chromodynamics, and the completeness of the Standard Model. OpenAI announced three mathematics, computer science, and physics results on October 26, stating that the Yang-Mills proof was completed on September 9 and its Lean formalization was completed on October 16, but the proof has only been seen by five physicists selected

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Anthropic has published the 335-page prospectus required for a U.S. stock market listing, with the market expecting its listing valuation could reach $2 trillion or more. The document shows the company lost $80.7 billion in the first half of this year, twice its full-year loss for 2025, while revenue over the same period was $16.2 billion; its business is highly dependent on a small number of major customers, with just five enterprise clients contributing a quarter of its business. The document

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At the 2026 OCP Global Summit, Meta announced networking innovations supporting its latest AI models and the gigawatt-scale Prometheus cluster, including its first liquid-cooled network rack IcePack and the 102.4T switch IceCube (128×800G, available with Broadcom Tomahawk 6C or NVIDIA Spectrum-6). For scale-out, the Flattened Planar Fabric connects each GPU to eight network planes, simplifying the Clos architecture from 3 tiers to 2; for scale-across, it introduced the petabit-class super backbo

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