By Editor , 30 October 2026
$63B Financing Backs Broadcom AI Chips for Anthropic

Vancouver – October 29, 2026 -- Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure to build AI compute capacity for Anthropic using Broadcom technology, with deliveries expected from calendar 2027.

A special purpose vehicle will buy Broadcom XPU AI accelerators and networking solutions and lease them to Anthropic. Broadcom will provide residual value support equal to the first lien portion of the financing. CEO Hock Tan said the deal validates that "there is capital available to finance such growth."

By Editor , 27 October 2026
Meta Prices $25B Stock Offering, $12.5B Mandatory Convertible Deal

MENLO PARK – October 27, 2026 -- Meta Platforms raised the size of its Class A common stock offering to $25.0 billion from $22.5 billion and priced a parallel offering of 6.50% mandatory convertible preferred stock expected to net about $12.5 billion.

By Editor , 10 September 2026
Hims & Hers Faces Securities Suit After FTC Data-Sharing Complaint

San Francisco – September 10, 2026 -- Hims & Hers Health, Inc. (NYSE: HIMS) and certain executives now face a securities class action after a July 29, 2026 federal complaint from the Federal Trade Commission wiped over $970 million from the company's market capitalization in a single trading session, sending shares down $4.32, or 14.7%.