Business Report: Alphabet Sinks as GDP Hits 3.4%, Oct. 29, 2026
Business report October 29, 2026: GDP grows 3.4%, PCE inflation hits 3.6%, Alphabet has its worst day ever, Lilly lifts health care, and Amazon and Intel slide.
World News, Politics and War, Reported from Boston
AI news from The Boston Report: OpenAI, Google, Anthropic, Meta and new AI tools, plus the safety, policy and business questions around artificial intelligence.
Business report October 29, 2026: GDP grows 3.4%, PCE inflation hits 3.6%, Alphabet has its worst day ever, Lilly lifts health care, and Amazon and Intel slide.
Suffolk 100MAG: the Boston builder opened a $50 million, 40,000-square-foot AI and robotics center at its Roxbury campus. What it does and why.
Gemini 4 Carbon is Google’s new frontier AI model, built for cybersecurity and long coding tasks. Its benchmarks, safety claims, price and who gets it first.
Flagship Pioneering launches Etcelera, a Somerville AI drug discovery firm merging Cellarity, Etiome and Empress, which raised $374M before the deal.
OpenAI’s GPT-6.1 Terra can click and type across apps, costs half as much as GPT-5.6 Terra and carries a Critical cyber rating. Prices, benchmarks and caveats.
The Anthropic IPO filing shows $16.3 billion in first-half revenue, an $80.7 billion paper loss and founder control. What the S-1 reveals about Claude’s maker.
Business report October 27, 2026: chip stocks lift the S&P 500 on a $63B Anthropic deal, Boeing sinks 10%, JetBlue jumps 19% and the Fed meeting begins.
A mathematicians AI pledge drive has topped 1,000 members after OpenAI posted 722 AI math papers. What the Association for Human Mathematics wants.
Google DeepMind’s Genie 4 world model adds native audio, two-minute scenes and live prompt edits. Here’s who can use it, how it works and its limits.
Business report October 26, 2026: stocks rise as Anthropic files for a Nasdaq IPO, Meta plans a $95 billion raise and Microsoft offers staff buyouts.