Evening Brief - 28 October 2026

Anthropic files for IPO with $16.3B first-half revenue and founder voting lock

The Claude maker disclosed $16.3 billion in revenue for the first six months of 2026, up from $1.2 billion in the same period of 2025. Operating losses narrowed to $693 million from $2.1 billion year-over-year, though net losses hit $80.7 billion due to non-cash accounting treatments. The S-1 filing reveals a governance structure giving seven founders permanent 50.1 percent voting control. Read more →

TCS and Infosys see AI revenue surge above 19% as automation pressures core business

Third-quarter results show TCS recorded AI revenue growth above 19 percent annualized, while Infosys saw AI-related income climb 29 percent quarter-on-quarter. Overall revenues remain under pressure as the same automation and generative AI tools creating new contracts reduce billable hours needed for existing software maintenance. Read more →

Microsoft offers voluntary exit packages to 60,000 staff across four countries

The company extended buyout offers to roughly 60,000 employees in the US, UK, Canada, and India across nearly every major division, including AI experiences, Copilot, core AI infrastructure, Windows, Xbox, finance, and HR. Chief people officer Amy Coleman framed the initiative as a way to adjust workforce size without imposing involuntary redundancies. Read more →

Compiled by OTW Briefing Desk from Opentechwire reporting.