Anthropic's sales costs have surged dramatically, jumping 17 times to $5.5 billion in the first nine months, according to an amended S-1 filing. The spike was driven almost entirely by a $4.8 billion increase in fees paid to channel partners, which accounted for roughly 92% of the total sales cost increase. The company expects these partner-related expenses to keep shifting as a share of revenue going forward.
Palantir is quietly outpacing Salesforce in quarterly revenue growth on a dollar basis. Palantir added $1.132 billion in revenue year over year, edging past Salesforce's $1.109 billion increase. Palantir's 96% growth rate sits at about 3.1 times the median peer growth rate of 31%. Commercial revenue of $1.17 billion also crossed ahead of government revenue at $1.15 billion in the third quarter.
Grab Holdings is channeling more resources into AI after failing to acquire Foodpanda's Taiwan business. The ride-hailing company reported a 10% year-on-year revenue increase in its July-September quarter. The CFO confirmed no further deals are planned outside Southeast Asia, and that funds will instead go toward AI tools and support for drivers and merchant partners.
Oracle used its AI World and Investor Day to announce a wide range of new products and partnerships. Deloitte launched a US Oracle Business Group focused on AI, cloud, and managed services. Oracle partnered with OpenAI, Google, NVIDIA, Intel, F5, Snowflake, and SambaNova, and introduced multicloud AI offerings. The push comes as Oracle seeks to raise capital through a $10 billion equity issue and multi-billion dollar bond sales.
Apple is expanding Siri's reach through the iOS 27.3 update, giving the AI assistant the ability to carry out tasks across third-party apps. A new app skills feature lets developers bundle multiple actions into a single command. Siri will also gain expanded capabilities in Apple apps including Calendar, Files, Mail, Maps, Messages, Music, Photos, and Weather.
Groundcover raised $100 million in a Series C round led by One Peak, bringing its total funding to $160 million. The company tripled annual recurring revenue and doubled its headcount over the past year. Code and Co. handled AI and tech due diligence, evaluating groundcover's BYOC and eBPF-native observability platform and its competitive standing.
Solovis has opened a public preview of Solovis IO, an AI-powered investment intelligence platform that combines portfolio analytics, reporting, dashboards, and proactive alerts. Jon Fernandez, former Yale Investments COO, joined the board, and Ryan Manougian became senior vice president of sales. The company said its platform supports investment offices managing over $20 trillion in assets and plans to add Model Context Protocol connectivity in November.
A study by ActivTrak found that workers who use AI on the job log up to 90 extra minutes per day compared to non-users. The analysis covered digital activity from over 9,000 employees at 467 companies between April and September. Heavy AI users averaged 8.4 to 9.1 hours of work daily versus 7.6 hours for non-users, and also worked 18 minutes longer after hours. Researchers said AI may be making work more intense rather than reducing workloads.
Hackers linked to China are using AI agents to find and exploit security weaknesses during global espionage campaigns. CrowdStrike identified the group VAPOR PANDA, which deployed a framework called ARTEX to attack multiple organizations simultaneously. The attacks targeted known issues like unrotated credentials and XML external entity vulnerabilities. Security teams are advised to monitor authentication patterns and rotate credentials, while CISOs are warned not to assume existing tools provide full coverage.
Four free AI courses are launching in the UAE for 2026, covering prompt engineering and generative AI. The programs include Dubai One Million Prompters, IBM SkillsBuild, Google AI Plus for students, and Abu Dhabi AiNative. Each initiative has its own eligibility criteria and registration process.
Key Takeaways
- Anthropic's sales costs jumped 17 times to $5.5 billion, driven by a $4.8 billion rise in channel partner fees that made up about 92% of the increase.
- Palantir's quarterly revenue growth of $1.132 billion slightly edged out Salesforce's $1.109 billion increase, with a 96% growth rate well above the peer median of 31%.
- Grab is increasing AI investment after failing to acquire Foodpanda's Taiwan business, with ride-hailing revenue up 10% year on year in Q3 2026.
- Oracle announced partnerships with OpenAI, Google, NVIDIA, Intel, F5, Snowflake, and SambaNova, alongside multicloud AI offerings, while raising capital through a $10 billion equity issue.
- Apple's iOS 27.3 update gives Siri AI the ability to execute tasks across third-party apps via a new app skills feature.
- Groundcover raised $100 million in a Series C led by One Peak, bringing total funding to $160 million after tripling ARR and doubling headcount.
- Solovis launched a public preview of Solovis IO, an AI-powered investment intelligence platform supporting offices managing over $20 trillion in assets.
- An ActivTrak study found AI workers put in up to 90 extra minutes per day, averaging 8.4 to 9.1 hours versus 7.6 hours for non-users.
- China-linked hacking group VAPOR PANDA used AI agents and an ARTEX framework to exploit unrotated credentials and XML external entity vulnerabilities across multiple organizations.
- The UAE is offering four free AI courses in 2026 through Dubai One Million Prompters, IBM SkillsBuild, Google AI Plus, and Abu Dhabi AiNative.
Anthropic sales costs jump 17 times to $5.5 billion on partner fees
Anthropic's amended S-1 filing shows sales costs rose from $322 million to $5,529 million in nine months. The increase was mainly caused by a $4.8 billion rise in fees paid to channel partners. These partner fees made up about 92% of the total sales cost increase. Anthropic expects these costs to keep changing as a percentage of revenue.
Palantir quarterly revenue growth outpaces Salesforce in dollar terms
Palantir's quarterly revenue grew by $1.132 billion in a year, slightly more than Salesforce's $1.109 billion increase. Palantir's growth rate of 96% is about 3.1 times the median growth rate of 31% among its peers. Commercial revenue of $1.17 billion surpassed government revenue of $1.15 billion in the third quarter. The $1.109 billion increase included a $456 million contribution from Informatica.
Grab plans more AI investment after Taiwan Foodpanda deal fails
Grab Holdings wants to invest more in artificial intelligence and support for its drivers and merchant partners. The company's ride-hailing revenue grew 10% year on year in the July-September quarter of 2026. The CFO said no other deals are on the horizon outside Southeast Asia. Grab failed to acquire rival Foodpanda's Taiwan business.
Grab to boost AI spending after blocked Taiwan acquisition
Grab Holdings is focusing on increasing AI investment following the failed attempt to buy Foodpanda's Taiwan business. The company's ride-hailing revenue grew 10% year on year in the third quarter of 2026. The CFO confirmed that no other deals are planned outside Southeast Asia. Grab will direct funds toward AI tools and support for drivers and merchants.
Code and Co. advises One Peak on groundcover observability investment
groundcover raised a $100 million Series C funding round led by One Peak. The round brings groundcover's total funding to $160 million. The company tripled annual recurring revenue and doubled its global headcount over the past year. Code and Co. provided AI and tech due diligence, reviewing groundcover's BYOC and eBPF-native observability platform and its competitive position.
Hackers use AI to exploit security gaps and challenge CISOs
A China-linked hacking group called VAPOR PANDA used AI agents to find security weaknesses during a global espionage campaign. CrowdStrike found that the group used a framework called ARTEX to attack several organizations at once. The attacks exploited old problems like unrotated credentials and XML external entity vulnerabilities. Security teams are told to watch for suspicious authentication patterns and rotate credentials regularly. The report also warns that CISOs should not assume existing security tools provide full coverage.
Solovis launches AI investment platform and adds new leaders
Solovis opened a public preview of Solovis IO, an AI-powered investment intelligence platform. The platform combines AI, portfolio analytics, reporting, dashboards, and proactive alerts in one place. Jon Fernandez, former Yale Investments COO, joined the board, and Ryan Manougian became senior vice president of sales. Solovis said its technology supports investment offices managing over $20 trillion in assets. The company plans to add Model Context Protocol connectivity in November.
AI workers put in up to 90 extra minutes per day, study says
A study by ActivTrak found that workers who use AI at work log up to 90 minutes more each day than those who do not. The analysis looked at digital activity from over 9,000 employees at 467 companies between April and September. AI users worked an average of 8.4 to 9.1 hours daily, compared with 7.6 hours for non-users. Heavy AI users also worked 18 minutes longer after hours and switched between apps more often. Researchers said AI may make work more intense rather than freeing up time.
Apple lets Siri AI work with third-party apps
Apple is giving Siri AI the ability to carry out tasks across third-party apps through the iOS 27.3 update. The update includes a new app skills feature that lets developers combine several tasks into one action. Siri AI will also gain expanded capabilities in Apple apps like Calendar, Files, Mail, Maps, Messages, Music, Photos, and Weather. Apple says users can ask Siri what it can do in each app. The update is rolling out as part of a Developer Preview.
Oracle unveils new AI products and partnerships
Oracle held its AI World and Investor Day to announce a broad set of new AI products and services. Deloitte created a US Oracle Business Group to expand work across AI, applications, cloud, and managed services. Oracle announced partnerships with OpenAI, Google, NVIDIA, Intel, F5, Snowflake, and SambaNova. The company also launched multicloud AI offerings. The announcements come as Oracle raises capital through a US$10 billion equity issue and multi-billion bond offerings to fund its AI buildout.
Four free AI courses launch in UAE for 2026
Four new free artificial intelligence courses are available in the UAE for the year 2026. These programs cover topics like prompt engineering and generative AI. Participants can join initiatives from Dubai One Million Prompters, IBM SkillsBuild, Google AI Plus for students, and Abu Dhabi AiNative. The article explains who is eligible for each course and provides details on how to register.
Sources
- Anthropic's Sales Costs Rose 17x to $5.5B on Partner Fees
- Palantir's Quarterly Sales Grew $1.13B, More Than Salesforce
- Grab eyes more AI investment after Taiwan deal blocked
- Grab eyes more AI investment after Taiwan deal blocked
- Code & Co. provides AI & Tech Due Diligence to One Peak ahead of its investment in groundcover, an observability startup that keeps customersā monitoring data inside their own cloud
- Armed with AI, hackers target endpoint security blind spots, raising stakes for CISOs
- Solovis Launches AI-Powered Investment Platform, Adds Jon Fernandez to Board and Names Ryan Manougian SVP of Sales
- AI Users Are Working Up to 90 Minutes Longer Every Day, Study Finds
- Apple starts giving Siri AI access to third-party apps
- Oracle (ORCL) Recasts Its Enterprise AI Position With New Products And Partnerships
- Free AI courses in the UAE 2026: Four programmes to learn prompt engineering, generative AI and more
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