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October 27, 2026

The Australian News

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Anthropic prospectus | Microsoft jobs to go | Australian petrol costs


The maker of Claude chatbot, Anthropic, has opened its books to investors with staggering revenue numbers but a warning about risks to humanity; Microsoft is offering around 60-thousand of its workers in Canada, India, the UK and US a voluntary exit offer; and Australian motorists are among the hardest hit globally by the surge in fuel prices, paying more than $380 USD or $530 AUD extra per person since March 1st, according to analysis from the Centre for Research on Energy and Clean Air.

00:00 Anthropic, behind the Claude AI chatbot, files for potentially the biggest initial public offering ever
03:10 US investors welcomed the news, with the tech-heavy NASDAQ gaining just over point 8 percent
03:35 Microsoft offered around 60,000 of its workers in Canada, India, the UK and US a voluntary exit offer
04:15 The Australian sharemarket recovered from a morning slump, up half a percent
04:53 In currencies, the Australian dollar fell against the greenback. buying 70.2 US cents
05:04 Australian motorists are among the hardest hit globally by the surge in fuel prices
05:41 Complaints to the Tax Ombudsman have surged. with a growing number of Australians seeking help with the ATO

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

#Anthropic #IPO #Microsoft #FuelPrices #ASX #Nasdaq

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