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The Verge Emma Roth ·

Microsoft offers buyouts to 60,000 employees

Eligible staff in the US, UK, Canada and India can leave with financial support and career planning resources. The offer is part of Microsoft's efforts to reduce costs and reshape its workforce. According to The Information, the company is seeking lower expenses amid investment in developing and running AI.

  • Buyout terms will resemble Microsoft's standard severance offer, according to Business Insider.
  • Microsoft says layoffs remain an option, according to CTech.
Engadget staff@engadget.com (Jackson Chen) · Updated

Anthropic files to go public

The company reported $16.3 billion in first-half revenue and an $80.7 billion net loss, according to CoinDesk, which says it aims to price the offering in mid-November. Bloomberg reports that the filing warns of existential risks from its technology, while Unite.AI says Anthropic has applied to list on Nasdaq.

  • The planned stock symbol is ANT, according to The Guardian.

More stories

In Leaked Audio, Flock CEO Tells Cops Backlash to the Company Isn’t Real

In comments at a private police conference, Garrett Langley also said his wife advised him to never apologize.

404 Media ·
Proton To ‘Re-Interview’ Staff About AI To See Who Gets To Keep Their Job

“These re-interviews are consequential,” a leaked email seen by 404 Media reads.

404 Media ·
iPhone Duo Owners Report Cracked Inner Displays Days After Launch 31 sources covering iPhone Duo Owners Report Cracked Inner Displays Days After Launch

Reports describe a recurring pattern of damage, with cracks along the hinge and a horizontal band of white pixels on the inner display.

iPhone in Canada ·
Cohere says Alibaba’s Qwen model tried to send a file to Beijing 4 sources covering Cohere says Alibaba’s Qwen model tried to send a file to Beijing

The attempted transfer occurred during a security test and targeted a storage bucket in Beijing, according to The Next Web.

TechCrunch ·
OpenAI launches GPT-6.1 Terra, a cheaper model for everyday computer work 13 sources covering OpenAI launches GPT-6.1 Terra, a cheaper model for everyday computer work

The model replaces GPT-5.6 Terra and targets routine computer work, including operating apps and screens.

The Next Web ·
Anthropic Brings Mega IPO to Australia’s AI-Starved Retail Crowd

Anthropic PBC will offer shares as part of its blockbuster initial public offering directly to Australian investors, bringing a fresh artificial-intelligence bet to a market still reeling from the high-profile collapse of a data center deal.

Bloomberg ·
Anthropic’s constitutional order Financial Times ·
Indian outsourcers defy AI threat

IT services groups now make 10% of revenue from helping companies integrate the new technology

Financial Times ·
Slough has become the data centre capital of Europe. Now it wants its reward

Companies asked to provide more benefits to locals as backlash against AI infrastructure gathers pace

Financial Times ·
Ex-Merseyside police officer lands $400mn valuation for AI venture

Steven Richardson has raised funds from investors including Sequoia for company providing tools for police forces

Financial Times ·
Oil Shock, AI Boom Deepen Divide in Emerging Asian Currencies

Surging oil prices and the AI boom are widening a currency-market divide, deepening losses across most emerging Asian currencies while providing a buffer for others, such as the Korean won.

Bloomberg ·
DoorDash Nears Deal to Buy Instacart in $17 Billion Deal 7 sources covering DoorDash Nears Deal to Buy Instacart in $17 Billion Deal

Instacart has been exploring a sale of its grocery delivery platform and has discussed a possible deal with Uber.

The Information ·
Applied Materials Boosts BE Semiconductor Stake to About 20% 2 sources covering Applied Materials Boosts BE Semiconductor Stake to About 20%

The increase would take Applied Materials’ stake from 9%, according to DigiTimes, which linked the move to rising demand for hybrid-bonding equipment used in advanced chip packaging.

Bloomberg ·
Anthropic’s IPO May See CBA Sitting on Multi-Billion Windfall

Anthropic PBC’s initial public offering may give Commonwealth Bank of Australia an opportunity to cash in on a stake it purchased in the artificial intelligence startup more than a year ago and whose valuation has ballooned.

Bloomberg ·