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U.S. Budget Deficit Widens to $1.99 Trillion in Fiscal 2026

The U.S. budget deficit rose to $1.99 trillion in fiscal 2026, Treasury Department figures reported by Reuters on Friday, Oct. 16, show. The gap widened by $217 billion from $1.78 trillion the prior year. Fiscal 2026 ended Sept. 30. It was the largest shortfall since fiscal 2021’s $2.77 trillion pandemic-relief gap and the third-largest annual

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Anduril Executive Says Company Could Manufacture Steelfin Interceptors in Europe

U.S. defense firm Anduril could eventually manufacture its newly unveiled Steelfin interceptor missiles in Europe, a company executive told Reuters this week as governments seek to expand air-defense production after conflicts exposed shortages of such weapons. “I certainly hope that something like Steelfin could become a capability that we engage with both the Polish customer

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Anthropic’s Claude Traces NIST ECDSA Curve Seeds to 1990s Random Number Generator

An internal research model at Anthropic traced the seeds behind several widely used NIST elliptic curves for ECDSA to a mundane 1990s source. In under half an hour, Claude determined that the seeds for the P-192, P-224, P-256, P-384 and P-521 curves came from the C library’s lrand48 pseudorandom number generator seeded with a Unix

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Chinese Firm Shows Off 13-Foot Neo1 Humanoid Robot It Says Can Lift Over 1,000 Pounds

Beijing-based NeodraDynamics Robotics showed a 13-foot-tall, 1.2-ton humanoid robot called Neo1 at the 2026 China International Industry Fair in Shanghai, which ran Oct. 12–16. The company says the machine can lift 500kg, about 1,102 pounds, with both arms together. NeodraDynamics exhibited the robot with JD Industrial, which will help the company find pilot projects through

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IMF Chief Warns U.S. Growth Alone Cannot Tame Debt Above $40 Trillion

International Monetary Fund Managing Director Kristalina Georgieva said the United States cannot grow its way out of its mounting public debt, which has passed $40 trillion. Speaking at the IMF and World Bank annual meetings in Bangkok on Oct. 14, Georgieva singled out advanced economies, namely the U.S. and European countries, as the “worst offenders”

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Apple Updates App Store Rules to Target Nudify AI Apps

Apple has updated its App Store Review Guidelines to more explicitly ban apps that generate nonconsensual intimate imagery, including so-called “nudify” apps that use AI tools. The changes, announced October 16, 2026, require developers to proactively prevent and remove such content. They follow heavy criticism of Apple after X users used Grok earlier this year

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Anthropic Pitches Draft Bill to Regulate Frontier AI Safety

Anthropic representatives have pitched Capitol Hill lawmakers on a draft bill to regulate frontier AI safety and security, Politico reported Friday, citing three people with knowledge of the effort. The draft sets strict thresholds for government intervention. The bill would let the government block a model’s release or use only if it poses a foreseeable,

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Video Game Decompilation Site decomp.dev Shuts Public Index as AI Overruns Community

A website that tracked human efforts to reverse engineer and decompile video games has switched off its main public index and leaderboard. The administrator of decomp.dev announced the change Thursday, saying AI models have made decompilation so much easier that “the community aspect of decompilation has been broken.” Decomp.dev, launched in 2024, centralized progress on

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Anthropic Staff Expect AI to Handle Most of Their Work by 2030, Far More Than U.S. Workers

Anthropic published research on Oct. 16 comparing how its own employees and U.S. adults expect AI to change work. In an internal poll of 1,334 staff, run Aug. 9 to 12, Anthropic employees said they expect far more of their jobs to be automated than the general public does. On average, staff expect AI to

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ServiceNow CFO Calls Out Leaders Who Work 14-Hour Days on Four Hours of Sleep

ServiceNow president and chief financial officer Gina Mastantuono said leaders who work 14-hour days on four hours of sleep set a terrible example for the people around them. She made the comments Tuesday at the Fortune Most Powerful Women Summit in Santa Barbara, Calif. Mastantuono, who has long promoted fitness for both personal health and

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