Tuesday, October 27, 2026 - 5 Minute AI News

Anthropic reveals $11.6 billion in quarterly revenue, OpenAI halves API costs with GPT-6.1 Terra, and Microsoft offers buyouts to 60,000 employees to fund AI infrastructure.

1. Anthropic Files for IPO, Reports $11.6 Billion in Quarterly Revenue — Anthropic's S-1 filing reveals strong enterprise adoption and its first operating profit. The document also details $800 billion in long-term compute commitments required to compete in the frontier AI market.
2. OpenAI Halves API Costs With New GPT-6.1 Terra Model — OpenAI released a mid-range model optimized for autonomous agent workflows. It matches GPT-6 Astra's performance on the Agents' Last Exam benchmark at a fraction of the cost.
3. Microsoft Offers Voluntary Buyouts to 60,000 Employees to Fund AI — Microsoft is targeting 25 percent of its global workforce for voluntary buyouts. The restructuring aims to free up capital for ongoing investments in artificial intelligence infrastructure.
4. OpenAI Models Achieve Verified Scientific Discoveries in Math and Physics — OpenAI models successfully addressed long-standing questions in mathematics, computer science, and physics. External academic experts verified the results, demonstrating AI's growing capacity for primary research.
5. SpaceX Secures $40 Billion Financing Deal for AI Compute Infrastructure — SpaceX locked in a $40 billion agreement with Apollo Global Management to fund GPU acquisitions. The deal underscores the specialized hardware required for advanced AI deployment across industries.

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