Daily Summary of Technology · Live edition, updated continuouslyTuesday 10 November 2026 · UTC
Latest Technology News Today: 10 November 2026
Anthropic IPO moves ahead as AMD is set to outsell Intel and Nvidia faces suit
Anthropic is moving ahead with its initial public offering even as AI stocks fall and Nvidia faces a class action over CEO Jensen Huang's affair. AMD expects to outearn Intel in a single quarter for the first time, driven by data center AI sales. SpaceX says it could add 10 gigawatts of data center capacity in 2027, a plan analysts say is achievable.
SpaceX says it can add 10GW of AI data center capacity
SpaceX says it could add 10 gigawatts of data center capacity in 2027, an expansion that would match what Google has accumulated over its entire history. Analysts at SemiAnalysis say the plan is achievable, pointing to progress at Colossus 1 and Colossus 2 and possible support from Tesla manufacturing. The company faces power constraints, including environmental limits on gas turbines and a need for additional grid or battery supply.
Anthropic moves ahead with IPO despite AI stock jitters
Anthropic is moving ahead with its initial public offering, with reports saying it will set a valuation range this week and begin trading as soon as next week. The company, which will list on Nasdaq as ANT, had earlier been linked to a $2 trillion valuation, but investors have since focused on $1.5 trillion or lower. Its listing is expected to test the strength of the AI boom after recent declines in chip and cloud stocks.
AMD expects to outsell Intel for first time on AI demand
AMD expects fourth quarter 2026 revenue of about $17 billion, which would make it outearn Intel in a single quarter for the first time in the two companies' long rivalry. Its data center revenue rose 97% in the third quarter to a record $8.5 billion, helped by Instinct accelerators and Epyc processors. Intel has guided to $15 billion to $16 billion for the quarter, with its outlook including a $300 million hit from a factory explosion.
Texas incoming governor warns AI data center rush is over
Texas incoming governor Gina Hinojosa said the state's data center expansion needs new rules, warning that AI firms must partner with Texans instead of taking advantage of rural communities. She promised laws to stop data center work until protections are in place, including giving communities a say in whether facilities are built. A CNN poll found 75% of Texas respondents opposed nearby data centers. The stance could complicate AI plans.
Nvidia hit with class action over Jensen Huang affair
A law firm has filed a class action against Nvidia and CEO Jensen Huang, claiming they misled investors about his affair with Alice Huang, a woman U.S. intelligence services say is a Chinese honeypot. The Rosen Law Firm suit says the relationship raised national security concerns and damaged Nvidia's reputation after shares fell. Other firms are investigating the stock drop, citing premarket declines of 5.5% to 5.88% and an 8.8% intraday figure.
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