Evening Edition No. 1
Anthropic Files to Go Public, a Faster and Cheaper OpenAI Model, and New Wins Against Cancer
Covers Saturday, October 24, 2026, 12:00 PM ET to Monday, October 26, 2026, 6:00 PM ET
Anthropic's filing to sell shares to the public, OpenAI's GPT-6.1 Terra, a prostate cancer approval and a weekend of strong cancer trial results, and what each means for you.
In 60 Seconds
- Anthropic, the company that makes the Claude AI, filed to sell shares to the public on Nasdaq. Its revenue grew about 14 times in a year.
- OpenAI released GPT-6.1 Terra, which it says finishes computer tasks more than three times faster than its bigger models, at half the price of the model it replaces.
- The FDA approved a two-drug combination for a form of advanced prostate cancer, and Europe's biggest cancer meeting brought several new drugs that helped patients live months longer.
- SpaceX fired all 33 engines of its giant Starship booster ahead of a November flight, and a small airplane landed on a Manhattan helipad.
On the Dashboard
Lead Signal
Anthropic, the maker of Claude, files to go public

On Monday morning, Anthropic made public its registration statement to sell shares on Nasdaq under the ticker ANT. The filing shows $16.3 billion in revenue for the first six months of 2026, up from $1.16 billion a year earlier. Its operating loss shrank to $693 million from $2.1 billion. The reported net loss is $80.7 billion, but $72.4 billion of that is an accounting charge for the changing value of its convertible notes and similar investments, not cash spent. Twenty-two banks are handling the sale, led by Goldman Sachs and Morgan Stanley.
The company's value and listing date are not in the filing. Fortune reports a target of $1.5 trillion to $2 trillion and a listing as early as Thanksgiving week. Those figures are reports, not facts yet.
Disclosure: Singularity Nightly is drafted with help from Anthropic's Claude. We cover Anthropic like any other company.
The Desks
[AI] AI Models
OpenAI's GPT-6.1 Terra: an AI that uses your computer, faster and for less

OpenAI says GPT-6.1 Terra finishes computer tasks more than three times faster on average than its larger GPT-6 Astra and GPT-6.1 Sol models, and its price to developers is half that of the GPT-5.6 Terra model it replaces. It is rolling out in ChatGPT and in Codex, OpenAI's coding tool, for paying users. 9to5Mac reports that on OpenAI's own test, its rate of wrong answers on quick settings fell from 53.6% to 16.7%.
Disclosure: Singularity Nightly is drafted with help from Anthropic's Claude, an OpenAI competitor. We cover every lab the same way.
[LAUNCH] Launch and Orbit
Starship's booster fires all 33 engines ahead of Flight 15

At Starbase, Texas, SpaceX ran a full-length test firing of Super Heavy The first and largest stage of a rocket, which gives the push for liftoff. SpaceX and others now land their boosters and fly them again. In the Glossary 22, about 15 seconds with all 33 Raptor 3 engines, on Sunday, Space.com reports. The ship that will ride on top still needs its own engine test. Flight 15 is targeted for November; SpaceX plans to try catching both the booster and the ship. These are company targets, and Starship dates often move.
[AIR] Air Mobility
A small airplane lands on a Manhattan helipad

Electra flew its two-seat An aircraft or vehicle that uses both a fuel engine and electric motors with batteries. It burns less fuel and makes less noise than one that runs on fuel alone. In the Glossary demonstrator in and out of the 62-foot square pad at the Downtown Manhattan Skyport on Monday, the company says, calling it the first landing there by a fixed-wing airplane that does not take off straight up. It needs about 150 feet to take off or land. Its 9-passenger version is aimed at commercial service from 2030, AIN reports.
[MED] Medicine
FDA approves a two-drug combination for advanced prostate cancer

The FDA approved Pfizer's talazoparib (Talzenna) together with enzalutamide (Xtandi) for men whose prostate cancer has spread but still responds to hormone therapy, and whose tumors carry certain gene changes found by an approved test. In the trial of 599 men, those on the combination had their cancer held in check for so long that the middle point was not yet reached, against 45.8 months with enzalutamide alone. Survival data are still coming.
It capped a weekend at ESMO, Europe's largest cancer meeting, where several new drugs helped patients with lung and endometrial cancer live months longer (see the Ticker).
[DEF] Defense
A German company shows cheaper interceptors for fast attack drones

Helsing unveiled two AI-guided A missile or drone built to catch and destroy an incoming threat, such as an attack drone, in the air. In the Glossary meant to stop Russia's fast Geran drones for under $100,000 a shot: a jet-powered model at about 700 km/h with a 20 km range, and a rocket-powered one near 3,000 km/h, Defense News reports. They are still in testing, with readiness expected in the second half of 2027.
[POLICY] Law and Policy
A light that tells you a car is driving itself

The National Highway Traffic Safety Administration proposed rules for cyan (blue-green) marker lights on self-driving cars. The lights would be optional, but any car that has them would need four to eight, seen from the front, sides and rear, burning steady when the car is driving itself. The same proposal updates lighting rules for cars built with no steering wheel or pedals, so turn signal and headlight switch rules written for a human driver no longer block them. Comments are due Nov. 25.
[TOKEN] Tokenized Assets
Hong Kong lets the public trade tokenized funds around the clock

Hong Kong's securities regulator approved the first secondary trading of two tokenized A fund that holds very safe, short-term loans such as Treasury bills and aims to keep each share at a steady value. People use it like a savings account that pays interest. In the Glossary from ChinaAMC on a licensed trading platform, open to everyday investors 24 hours a day, every day, The Standard reports. The regulator says more products may follow.
[WILD] Wildcard
Self-driving excavators raise $600 million

Bedrock Robotics raised $600 million at a $4.1 billion valuation. Its self-driving excavators began paid work on construction sites in August, and new contracts cover 8 states, including Georgia.
Watch
In case you missed them, three videos from last week worth your time:
Play video: Moonshots with Peter Diamandis, episode 305: SpaceX's AI business, AI agents that bend the truth, and more (Oct. 23).
Play video: Unitree introduces its H2-X humanoid robot (Oct. 21).
Play video: Marques Brownlee reviews Apple's new iPhone Duo (Oct. 21).Voices
- Elon Musk posted that lenders are cutting off smaller AI cloud companies and predicted most of them will fold or merge. source (opinion)
- Chamath Palihapitiya of All-In warned that power grids and land rights will make the AI A building full of computers that store data and run online services. Data centers for AI use large amounts of electricity. In the Glossary build-out bumpy, calling 2027 "a turbulent year." source (opinion)
- Jordi Visser, on The Pomp Podcast, argued the AI sell-off is temporary: "AI is not a bubble. It's inevitable." source (opinion)
- Elon Musk said Grok can now phone a person or business for you and send you a summary of the call. source (opinion)
By the Numbers
- 251: orbital launch attempts worldwide in 2026 through Oct. 26. Launch Library 2
- 1: orbital launches this weekend.
- 13,042: SpaceX's satellite internet service, delivered by thousands of satellites in low Earth orbit to small dishes on homes, ships and planes. In the Glossary satellites launched; 11,151 working. Jonathan McDowell
- $16.3 billion: Anthropic's revenue in the first half of 2026. SEC filing
- 47: novel drugs approved by the FDA in 2026. FDA
- $39.01 billion: tokenized In blockchain finance, a traditional asset that exists outside the blockchain, such as a Treasury bill, a loan or a building, represented by a token on one. Often shortened to RWA. In the Glossary, excluding A digital token designed to stay worth a fixed amount, usually one U.S. dollar, backed by cash and safe assets such as Treasury bills. In the Glossary. RWA.xyz Not investment advice.
- $14.65 billion: U.S. A short-term loan to the U.S. government, repaid in a year or less; together with longer Treasury notes and bonds, they are called Treasuries. They are seen as one of the safest places to keep money. In the Glossary held as tokens. RWA.xyz Not investment advice.
Tomorrow's Watchlist
- Tue Oct. 27, 1:46 AM ET: Falcon 9 launches 27 Starlink satellites from Vandenberg, California, on its booster's 26th flight.
- Tue Oct. 27: Europe's ESMO cancer congress closes in Madrid.
- Tue Oct. 27 to Thu Oct. 29: Ripple's Swell conference in New York.
- Wed Oct. 28: the UK budget, with AI measures expected.
- Thu Oct. 29, 8:00 AM ET: spacewalk to install a new solar array on the International Space Station.
- Thu Oct. 29, 10:30 AM ET: the FCC votes on opening cellphone airwaves to commercial drones.
- Fri Oct. 30, 2:21 PM ET: India launches the NVS-03 navigation satellite.
- Sat Oct. 31, 9:00 AM ET: The Week No. 1, our first Saturday newsletter, on the site and by email.