By Andrew Nusca
Publication Date: 2026-10-16 09:12:00
Good morning. I always take time to read a Shawn Tully story when he’s got a new one, and today is no exception.
My illustrious Fortune colleague—who has written about everyone from Donald Trump to the Pope—has set his sights on what investors are saying about an Anthropic IPO. “Anthropic can afford to slow down and still have huge value,” one venture capitalist tells him.
The VC predicts Anthropic’s IPO will top SpaceX’s to become the biggest IPO of all time; read why here. Today’s tech news follows; have a wonderful weekend. —Andrew Nusca
Thoughts? Suggestions? Hot tip? Drop me a line.
THE BIG STORY
Broadcom CEO Hock Tan: AI investors have ‘no clue’ what they’re investing in
David Paul Morris—Bloomberg/Getty Images
Hyperscalers are pouring billions into data centers, and Broadcom, which designs custom AI chips for them, has been one of the biggest beneficiaries. The company…
