Ramp data shows AI spending stalling just as Anthropic nears its IPO

TechCrunch - Nov 6, 2026

AI usage keeps climbing, but spending has stalled. Price cuts and smarter cost controls among the biggest spenders could challenge investor assumptions about AI hypergrowth.

Read full article

More News

Here’s the latest.

Here’s the latest.

Nov 6, 2026

undefined...

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

Nov 6, 2026

The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

Swings in Farm Areas Helped Propel Democrats to Victory

Swings in Farm Areas Helped Propel Democrats to Victory

Nov 6, 2026

Anger over tariffs and higher costs because of the war in Iran led many Republican farmers and ranchers to vote blue — or stay home.

What a Democratic Congress Could Mean for Science

What a Democratic Congress Could Mean for Science

Nov 6, 2026

The Trump administration has sought to reshape the nation’s research infrastructure. Democratic lawmakers, newly empowered, are preparing to push back.

China’s AI models, led by Kimi, dominate open-source enterprise spending

China’s AI models, led by Kimi, dominate open-source enterprise spending

Nov 6, 2026

Chinese artificial intelligence models led by Moonshot AI’s Kimi family accounted for nearly nine-tenths of estimated global enterprise spending on open-source systems, according to a new study, even though proprietary US rivals continue to capture the vast majority of overall revenue. The report, released this week by Silicon Valley venture capital firm Menlo Ventures, said Chinese AI systems accounted for 89 per cent of global enterprise spending on open-source models. Kimi led with a 61 per...

Global stocks plunge as fears over US AI slowdown spread to Asia and Europe

Global stocks plunge as fears over US AI slowdown spread to Asia and Europe

Nov 6, 2026

Investors have reacted to possible tougher scrutiny of data centre construction and the AI industry.

PM tells firms to publish salaries in job adverts ahead of new law

PM tells firms to publish salaries in job adverts ahead of new law

Nov 6, 2026

The government argues the change will help jobseekers and could help to prevent pay discrimination.

Russia warns Starlink and OneWeb could pose a risk to national sovereignty

Russia warns Starlink and OneWeb could pose a risk to national sovereignty

Nov 6, 2026

Russia warns Starlink and OneWeb could pose a risk to national sovereigntyIn a major update, experts on Russia’s Security Council have said that Western satellite communications such as Starlink and OneWeb could be used to undermine the socio-political situation in sovereign countries and...

After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

Nov 6, 2026

A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.

COD Mobile turns 7: What is new as Verdansk returns with Battle Royale upgrades, Mythic Drops and Ford Racing rewards

COD Mobile turns 7: What is new as Verdansk returns with Battle Royale upgrades, Mythic Drops and Ford Racing rewards

Nov 6, 2026

Call of Duty: Mobile's Season 10 update marks its seventh anniversary with the return of Verdansk, new Battle Royale features, two Mythic Drops, the Signal 50 sniper rifle and a Ford Racing collaboration offering over 20 rewards.

Microsoft’s Buyout Offer Sets Its Workforce on Edge

Microsoft’s Buyout Offer Sets Its Workforce on Edge

Nov 6, 2026

As Microsoft pours billions into artificial intelligence, the company has offered buyouts to about 60,000 employees. The work force was already on edge.

Crypto heavyweight Solana eyes Hong Kong expansion to tap growing tokenisation demand

Crypto heavyweight Solana eyes Hong Kong expansion to tap growing tokenisation demand

Nov 6, 2026

Solana, one of the world’s largest blockchain networks, plans to expand in Hong Kong to tap the city’s growing demand for tokenisation, according to a senior executive. “I believe that the biggest opportunity for Solana is actually in [the Asia-Pacific region],” Solana Company chairman and CEO Joseph Chee said in an interview in Hong Kong earlier this week. Founded in the US in 2018, the company is behind one of the most popular cryptocurrencies. With a market capitalisation of about US$53...

Recommended

24-7 Reporters

24-7 Reporters publishes up-to-the-minute news 24 hours a day, 7 days a week. Our certified reporters are among the most experienced, well-trained and talented across the globe, covering issues resonating progressives in every corner of the world.

ABOUT US
Sign Up

Copyright © 2015 - 2026 24-7 Reporters. All Rights Reserved.