Akamai Signs $11.6 Billion Anthropic Computing Deal, Stock Jumps 22%

Microsoft has launched a new version of its Copilot AI assistant that merges the consumer and workplace products into a single offering aimed at corporate customers, with three modes — chat, code, and autopilot — and roughly 30 million customers so far, CEO Satya Nadella told Yahoo Finance's Deirdre Bosa in an interview. Nadella said the autopilot mode, which connects to a user's apps, email and workflows and acts as a personal assistant, represents the next generation of enterprise automation and will roll out in the coming weeks, though he cautioned that token costs mean "once the subsidies stop for everybody" the business model must be justified by customer return on investment. On China, Nadella said it is in both countries' interests to agree on norms, including a direct notification channel between presidents in the event of a cybersecurity attack, following this week's Trump-Xi summit. Separately, Costco reported quarterly profit above Wall Street estimates with earnings per share of 695 cents, including 15 cents from $184 million in tariff refunds, while comparable sales rose 6.7%. Akamai announced a $12 billion computing deal with Anthropic, building on a $1.8 billion agreement earlier in the year, with warrants giving Anthropic the right to buy Series B shares at $113.33 each that convert into 7.7 million common shares. Tesla confirmed high-volume production of its Semi had begun at its Sparks, Nevada factory and announced a 2,500-truck order from a coalition of shipping companies including PepsiCo, which Fast Company called the largest US order for electric heavy-duty trucks.