Google Cloud vs Napster

Anthropic IPO Valuation Drops from $2T to $1.5T Despite Profits

Anthropic has posted two consecutive quarters of adjusted operating profit, yet investor discussions have reportedly lowered its IPO valuation target from $2 trillion to $1.5 trillion. A newer draft of its S-1 prospectus, obtained by the Wall Street Journal, reveals an $80.7 billion first-half net loss and compute commitments exceeding $600 billion, potentially reaching $750 billion. Cloud partners have begun refusing additional capacity. The slowdown in growth, rather than the loss itself, is cited as the primary reason for the valuation cut. A weak debut could increase the cost of funding the broader AI infrastructure buildout. The news also covers a Google Cloud outage in London that disrupted Revolut's services across the UK, Europe, and the US.

• Anthropic's IPO valuation talk dropped from $2 trillion to $1.5 trillion.
• Anthropic reported an $80.7 billion net loss in the first half.
• Compute commitments are above $600 billion, potentially reaching $750 billion.

Revolut Outage Due to Google Cloud Power Failure

The online bank Revolut reported problems with several of its services since the morning, caused by a power outage at Google Cloud. The issue led to disruptions in Revolut's digital banking operations, affecting a range of services. The outage appears to be an infrastructure failure at Google Cloud, which is a key provider for Revolut's operations. This incident highlights the dependency of financial technology companies on cloud infrastructure and the potential impact on users when such providers experience outages. The article provides limited details due to a paywall, but the core event is clear: a Google Cloud power failure disrupted Revolut's services.

• Revolut reported problems with multiple services on the morning of October 20, 2026.
• The root cause was a power outage at Google Cloud.
• The outage affected Revolut's digital banking operations and service availability.

Google Cloud London outage disrupts Revolut, ING, Spotify

A major outage in Google Cloud's europe-west2 region in London on October 20, 2026, caused widespread service disruptions across Europe for several hours. Financial institutions such as Revolut, ING Germany, Lloyds, Halifax, HSBC, and the finance app Emma were affected, with users experiencing difficulties accessing accounts and making transactions. Other services including Spotify, DPD, Royal Mail, the NHS app, and British court livestreams also saw disruptions. Google attributed the issue to a 'power event,' acknowledged increased errors and intermittent network failures, apologized, and confirmed no cyberattack. ING stated its own issues were unrelated to the outage. The exact cause and full extent remain under investigation. This incident underscores the fragility of relying on a few cloud providers, echoing a similar AWS outage a year prior, and highlights the EU's DORA regulations requiring financial institutions to plan for such failures.

• Google Cloud outage in London (europe-west2) on October 20, 2026, caused by a power event.
• Affected services included Revolut, ING Germany, Lloyds, Halifax, HSBC, Emma, Spotify, DPD, Royal Mail, NHS app, and court livestreams.
• Google reported increased errors and intermittent network failures, apologized, and confirmed no cyberattack; exact cause and full extent still under investigation.

One Agent, Six Countries: What Napster Learned on the AI Events Circuit in September

New blog post published October 12, 2026, discussing Napster's experiences at AI events across six countries in September.

Napster and HUMAIN Partner to Bring Arabic-Native AI to Public and Private Organizations Across the Middle East

The collaboration brings together HUMAIN’s Arabic-first AI capabilities and Napster’s embodied and agentic AI platform to accelerate AI adoption across the region.

Napster Launches Strategic Partnership with GEMS Education to Advance Human-Centered AI Agents and Avatars in Education

Napster announces a strategic partnership with GEMS Education to advance human-centered AI agents and avatars in education, beginning at GEMS School of Research and Innovation.