Top 5 latest stories
The five newest stories on Global News.
USA • 2026-11-03, 13:49 ET • ~1 min read
Anthropic's compute costs eat a bigger share of revenue as growth surges
Anthropic's compute costs eat a bigger share of revenue as growth surges
Anthropic's compute costs eat a bigger share of revenue as growth surges
Anthropic has disclosed that computing costs took 58% of its revenue in the latest quarter, up from 48% the quarter before, even as revenue rose to $17 billion from $11.5 billion. Its quarterly compute bill reached $10 billion, including $5 billion of costlier short-term compute, with $1.25 billion a month going to SpaceX for capacity. The company says compute will remain its largest expense for the foreseeable future, and it is working on building its own compute base under a project called Anthropic Direct.
Anthropic has disclosed that computing costs took 58% of its revenue in the latest quarter, up from 48% the quarter before, even as revenue rose to $17 billion from $11.5 billion. Its quarterly compute bill reached $10 billion, including $5 billion of costlier short-term compute, with $1.25 billion a month going to SpaceX for capacity. The company says compute will remain its largest expense for the foreseeable future, and it is working on building its own compute base under a project called Anthropic Direct.
Anthropic has disclosed that computing costs took 58% of its revenue in the latest quarter, up from 48% the quarter before, even as revenue rose to $17 billion from $11.5 billion. Its quarterly compute bill reached $10 billion, including $5 billion of costlier short-term compute, with $1.25 billion a month going to SpaceX for capacity. The company says compute will remain its largest expense for the foreseeable future, and it is working on building its own compute base under a project called Anthropic Direct.
Read summary Share on WhatsAppGlobal • 2026-11-03, 18:49 GMT • ~1 min read
Startup plans 50,000 space mirrors to beam sunlight down at night
Startup plans 50,000 space mirrors to beam sunlight down at night
Startup plans 50,000 space mirrors to beam sunlight down at night
California startup Reflect Orbital plans a constellation of up to 50,000 mirror satellites by 2035 that would reflect sunlight down to Earth after dark. A first demonstration satellite, Earendil-1, carrying an 18-metre mirror, has US regulatory approval and is aimed for launch in 2027, with two test launches booked from India's Skyroot Aerospace. The company says the light could extend solar power after sunset and help disaster and rescue work, while astronomers and environmental groups have raised concerns about the night sky and wildlife.
California startup Reflect Orbital plans a constellation of up to 50,000 mirror satellites by 2035 that would reflect sunlight down to Earth after dark. A first demonstration satellite, Earendil-1, carrying an 18-metre mirror, has US regulatory approval and is aimed for launch in 2027, with two test launches booked from India's Skyroot Aerospace. The company says the light could extend solar power after sunset and help disaster and rescue work, while astronomers and environmental groups have raised concerns about the night sky and wildlife.
California startup Reflect Orbital plans a constellation of up to 50,000 mirror satellites by 2035 that would reflect sunlight down to Earth after dark. A first demonstration satellite, Earendil-1, carrying an 18-metre mirror, has US regulatory approval and is aimed for launch in 2027, with two test launches booked from India's Skyroot Aerospace. The company says the light could extend solar power after sunset and help disaster and rescue work, while astronomers and environmental groups have raised concerns about the night sky and wildlife.
Read summary Share on WhatsAppGlobal • 2026-11-03, 18:45 GMT • ~1 min read
China steps up Middle East diplomacy as fears grow of a renewed US-Iran war
China steps up Middle East diplomacy as fears grow of a renewed US-Iran war
China steps up Middle East diplomacy as fears grow of a renewed US-Iran war
China has stepped up its diplomacy in the Middle East as fears grow that fighting between the United States and Iran could restart after the American midterm elections. In Beijing on Monday, Foreign Minister Wang Yi told a senior Iranian security official that dialogue and negotiation remain the only viable path forward, and that armed conflict is not the way out. Wang also met Saudi Arabia's national security adviser, who delivered a letter from the Saudi crown prince to President Xi Jinping. Xi separately met Oman's sultan, and the two sides called for a comprehensive ceasefire, renewed talks between Washington and Tehran, and safe passage through the Strait of Hormuz. China also announced that its special envoy for the Middle East, Zhai Jun, will visit Iran, Oman and Saudi Arabia in early to mid-November.
China has stepped up its diplomacy in the Middle East as fears grow that fighting between the United States and Iran could restart after the American midterm elections. In Beijing on Monday, Foreign Minister Wang Yi told a senior Iranian security official that dialogue and negotiation remain the only viable path forward, and that armed conflict is not the way out. Wang also met Saudi Arabia's national security adviser, who delivered a letter from the Saudi crown prince to President Xi Jinping. Xi separately met Oman's sultan, and the two sides called for a comprehensive ceasefire, renewed talks between Washington and Tehran, and safe passage through the Strait of Hormuz. China also announced that its special envoy for the Middle East, Zhai Jun, will visit Iran, Oman and Saudi Arabia in early to mid-November.
China has stepped up its diplomacy in the Middle East as fears grow that fighting between the United States and Iran could restart after the American midterm elections. In Beijing on Monday, Foreign Minister Wang Yi told a senior Iranian security official that dialogue and negotiation remain the only viable path forward, and that armed conflict is not the way out. Wang also met Saudi Arabia's national security adviser, who delivered a letter from the Saudi crown prince to President Xi Jinping. Xi separately met Oman's sultan, and the two sides called for a comprehensive ceasefire, renewed talks between Washington and Tehran, and safe passage through the Strait of Hormuz. China also announced that its special envoy for the Middle East, Zhai Jun, will visit Iran, Oman and Saudi Arabia in early to mid-November.
Read summary Share on WhatsAppTrump • 2026-11-03, 13:40 ET • ~1 min read
Trump makes his last pitch to voters on Election Day
Trump makes his last pitch to voters on Election Day
Trump makes his last pitch to voters on Election Day
On Election Day, President Donald Trump made a final pitch to voters in midterm elections that will decide control of Congress. In a morning television phone-in, he defended his record on immigration, the war with Iran and tariffs, and urged his supporters to turn out, telling them to act as if he were on the ballot. Polls heading into the vote pointed to Democrats winning the House, with a chance in the Senate, making the result a verdict on his second term.
On Election Day, President Donald Trump made a final pitch to voters in midterm elections that will decide control of Congress. In a morning television phone-in, he defended his record on immigration, the war with Iran and tariffs, and urged his supporters to turn out, telling them to act as if he were on the ballot. Polls heading into the vote pointed to Democrats winning the House, with a chance in the Senate, making the result a verdict on his second term.
On Election Day, President Donald Trump made a final pitch to voters in midterm elections that will decide control of Congress. In a morning television phone-in, he defended his record on immigration, the war with Iran and tariffs, and urged his supporters to turn out, telling them to act as if he were on the ballot. Polls heading into the vote pointed to Democrats winning the House, with a chance in the Senate, making the result a verdict on his second term.
Read summary Share on WhatsAppBusiness • 2026-11-03, 13:40 ET • ~1 min read
Disney expected to lay off thousands in its biggest round of cuts this year
Disney expected to lay off thousands in its biggest round of cuts this year
Disney expected to lay off thousands in its biggest round of cuts this year
Disney is preparing a new round of layoffs that could affect thousands of staff, in what would be its biggest round of cuts this year. Managers in some divisions have reportedly been asked to find annual cost savings of up to 20%, with the television networks and the movie studio among the areas expected to be hit hardest. The company has already cut jobs several times in 2026, and the savings are expected to be reinvested in films, television, technology and theme parks. Disney has not confirmed a final number of jobs affected.
Disney is preparing a new round of layoffs that could affect thousands of staff, in what would be its biggest round of cuts this year. Managers in some divisions have reportedly been asked to find annual cost savings of up to 20%, with the television networks and the movie studio among the areas expected to be hit hardest. The company has already cut jobs several times in 2026, and the savings are expected to be reinvested in films, television, technology and theme parks. Disney has not confirmed a final number of jobs affected.
Disney is preparing a new round of layoffs that could affect thousands of staff, in what would be its biggest round of cuts this year. Managers in some divisions have reportedly been asked to find annual cost savings of up to 20%, with the television networks and the movie studio among the areas expected to be hit hardest. The company has already cut jobs several times in 2026, and the savings are expected to be reinvested in films, television, technology and theme parks. Disney has not confirmed a final number of jobs affected.
Read summary Share on WhatsApp