10h ago
Tech News Today, October 22, 2026: Barclays, DeepSeek, IBM, Google, Meta, Nokia, Palantir, Tesla & More
Daily Global Technology Digest | Thursday, October 22, 2026 It’s Thursday, October 22, 2026, and the tech industry's contradictions are becoming harder to ignore. AI investment continues to soar, with DeepSeek reportedly nearing a $15 billion funding round and Meta reporting $64.6 billion in quarterly revenue. Yet beneath those numbers, new pressures are emerging: electricity
10h ago
10-6
Meta halves Claude Code users to about 30,000 as Microsoft cuts per-employee AI spend cap from $100,000 to around $10,000 ahead of Anthropic IPO
Meta has reduced the number of employees using Anthropic’s Claude Code to roughly 30,000 from about 60,000, while Microsoft has lowered its monthly per-employee cap for AI model spending from $100,000 to around $10,000. Microsoft executives had earlier projected the company was on track to spend at least $1 billion annually on internal use of Anthropic technology, but that estimate has since fallen by more than a third. Anthropic is preparing for an IPO that could value it at more than $2 trillion, and its customer concentration is drawing attention after a draft prospectus showed two unnamed customers generated 24% of its 2025 revenue, Reuters reported.
10-6
9-10
Apple launches $1,999 foldable iPhone Duo with 2nm A20 Pro as tech and AI scrutiny intensifies on September 10, 2026
Apple introduced the $1,999 foldable iPhone Duo powered by a 2nm A20 Pro chip, pitching on-device AI as a core feature. The U.S. Justice Department opened an investigation involving Nvidia, and Anthropic acknowledged a fourth loss-of-control incident involving its Claude model. California set up a registration system for AI auditors, and a verification vendor said more than 150 million driver’s license records were stolen from its cloud.
9-10
9-3
Nvidia to buy Hugging Face for $12.93 billion as Broadcom reports 221% AI-chip revenue growth
Nvidia will acquire AI platform Hugging Face for $12.93 billion, bringing under its control a hub that hosts more than 3 million models and roughly 500,000 datasets. Hugging Face has more than 18 million users and 200,000 company customers. Broadcom also reported that its AI-chip revenue rose 221% year over year. Separately, China’s Moonshot AI is preparing for a Hong Kong IPO at a valuation near $50 billion, according to reports.
9-3
8-6
Unitree prices Shanghai STAR IPO at 150.8 yuan a share, valuing humanoid robot maker at about $9.04 billion
Unitree has priced its Shanghai STAR Market IPO at 150.8 yuan per share, implying a valuation of roughly 61 billion yuan, and plans to raise 6.1 billion yuan. The Hangzhou-based robotics company said it will sell 40.45 million new shares, equal to 10% of its enlarged share capital. In 2025, revenue rose to 1.7 billion yuan, with humanoid robots contributing 867.8 million yuan in sales to become its largest business. DeepSeek invested 140.8 million yuan ($20.8 million) in the offering via a strategic placement, according to a stock-exchange filing cited by Reuters.
8-6
7-21
Nvidia lifts Nebius stake to 9.3% as AI infrastructure push sends shares up 6%
Nvidia has raised its stake in AI cloud firm Nebius to 9.3% and expanded work with the company on AI infrastructure deployment, inference systems and AI factory design. Nebius shares rose 6%, and the stock is up nearly 250% over the past 12 months, valuing the company at about $46 billion. Nebius has signed a long-term AI infrastructure agreement with Meta worth up to $27 billion and secured $775 million through its first senior secured debt facility. The update extends partnerships the company had previously disclosed rather than marking a sudden new development.
7-21