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Friday, October 9, 2026

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Akamai Signs $11.6 Billion Cloud Deal With Anthropic

Akamai signed a seven-year, $11.6 billion cloud deal with Anthropic and issued a warrant for up to a 5% stake, sending shares up 22% after hours.

PayPal Teams Up With Meta on AI Agent Shopping

PayPal is partnering with Meta to let customers shop and check out through Muse, Meta's personal AI agent, at PayPal merchants worldwide.

Open-Source AI Gains Ground as Europe Bets on Sovereignty

Mozilla's State of Open Source AI report finds that open models are closing the gap in capability and cost, as Europe leans on sovereignty and rules.

Mastercard, SoFi Launch Stablecoin Card Settlement

SoFi is moving its entire $25 billion card program to stablecoin settlement using SoFiUSD and Mastercard's global payments network.

Cloudera, Mistral Partner on Sovereign Enterprise AI

Cloudera and Mistral are partnering to bring sovereign AI models directly to enterprise data across cloud, on-premises and edge environments.

Mistral Raises €3B Series D at €21B Valuation

Mistral has raised a €3 billion Series D led by Samsung Electronics, valuing the French AI company at more than €21 billion.

Exein Raises $270M, Becomes Europe’s Top Cyber Firm

Exein raised $270 million at a $1.7 billion valuation, becoming Europe's most valuable cybersecurity startup as it builds AI security for machines.

Duolingo Acquires UK Animation Studio Animade

The London-based motion design studio joins Duolingo's in-house Design Studio to power product innovation and creative growth.
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