TechCapsules

Axon Enterprise Inc. announced a $1.2 billion investment in Skydio Inc., acquiring a 20% stake that values Skydio at $5.2 billion. The deal grants Axon exclusive U.S. and Canadian distribution rights for Skydio’s public‑safety drones, including the X10 model equipped with high‑resolution visual and radiometric cameras. Skydio, serving over 1,500 public‑safety agencies, reports up to 65% faster response times and 80% of calls arriving with a drone first. Axon plans to close the transaction by Q4 2026, using the capital [...]

Anthropic, the San Francisco‑based AI startup behind Claude, is proceeding with an initial public offering despite a volatile market and recent scandal involving a rival CEO. The Wall Street Journal reported the company will set a valuation range this week and aim to begin trading on Nasdaq Thursday or Friday of next week. Investors will scrutinize the price to assess confidence in the broader artificial‑intelligence boom. Institutional backers are reportedly urging a valuation below the $1.5 trillion ceiling [...]

California’s largest public pension fund, CalPERS, announced that its climate‑solutions portfolio reached $71 billion as of June 30, 2026, up from $59.7 billion a year earlier. The $11.3 billion rise reflects both fresh capital and gains on existing holdings and moves the fund nearer its $100 billion target for climate‑aligned investments by 2030. Sierra Club praised the progress but urged CalPERS to adopt stricter definitions, greater transparency, and a policy to cease financing fossil‑fuel expansion. The environmental group highlighted that financed emissions [...]

Apple’s latest bond offering has been confirmed in a filing with the U.S. Securities and Exchange Commission, detailing a $7.5 billion issuance that Apple expects to net about $7.47 billion after costs. The company will sell seven series of debt maturing between 2028 and 2036, including $500 million of floating‑rate notes and $1 billion of fixed‑rate notes at 4.65 % for 2028, $750 million floating and $1 billion fixed at 4.75 % for 2029, $1 billion fixed at 4.90 % for 2031, $1.25 billion fixed at 5.10 % for [...]

Tesla and SpaceX lost a combined $420 billion in market capitalization after the November 6, 2026 midterm elections. The decline follows Elon Musk’s record $447 million donation to the Republican Party, his shift toward right‑wing politics, and his public attacks on Democrats. Analysts link the market reaction to concerns that Musk’s political alignment could prompt congressional scrutiny of Tesla’s and SpaceX’s operations and influence future regulatory decisions. The loss underscores the volatility of investor sentiment tied to political actions. [...]

Saudi Arabia’s Public Investment Fund and private‑equity firm Silver Lake, both participants in the $55 billion acquisition of Electronic Arts, are reportedly negotiating to buy Unity Software for roughly $25 billion, Reuters says. Silver Lake’s Egon Durban already sits on Unity’s board and the firm holds about eight percent of the shares after a $400 million investment. Unity’s latest quarter showed a 59 percent jump in strategic revenue and a net income of $122 million, bolstered by growth in its AI‑driven Vector [...]

Food delivery startup Wonder, founded by Marc Lore in 2018, confidentially filed for an IPO, marking a key milestone after years of fundraising, acquisitions, and expansion. The company, valued at roughly $9 billion after a recent $650 million round, has evolved from a delivery app to a food‑technology platform that operates food‑hall‑style locations, handles meal prep, and offers dine‑in service. Wonder plans a major Texas push, has acquired Blue Apron, Grubhub, Tastemade, and Spyce, and partnered with DoorDash for campus dining. [...]

Apple filed a preliminary prospectus with the SEC for a new bond program comprising seven series maturing between 2028 and 2036, targeting roughly $7 billion in proceeds. Investor demand quickly surged, with orders reaching about $31 billion, allowing Apple to secure lower interest rates than recent offerings by Microsoft, Meta and Oracle. The company did not link the financing to AI projects, instead citing “general corporate purposes” such as buybacks, dividends, acquisitions or debt repayment. Apple’s move follows a [...]