AI and Tech News, 6 Oct 2026: Schneider-PTC, Foxconn, Claude Cuts

Here are the ten biggest technology and AI stories of the day, from Schneider Electric's record deal for PTC and Foxconn's AI-fueled quarter to Meta and Microsoft scaling back their use of Claude.

1. Schneider Electric Agrees to Buy PTC for $22.6B

The French group will pay $205 per share in cash, a 42% premium, for the US engineering-software maker in its largest deal ever, expected to close by the third quarter of 2027.

2. Foxconn Posts a 47% Jump in Q3 Revenue on AI Servers

Third-quarter revenue reached NT$3.03 trillion ($95.4B), beating forecasts, and September alone topped NT$1 trillion for the first time as demand for AI servers kept climbing.

3. Meta and Microsoft Reportedly Scale Back Employees' Use of Claude

Meta has about 30,000 Claude Code users, down from 60,000 earlier this year, and Microsoft cut a projected $1B-plus internal Anthropic spend by over a third, The Information reported.

4. AI Lab Leaders Testify Under Oath Before the New York City Council

Executives from Anthropic, OpenAI, Google and Meta faced lawmakers, while former Anthropic researcher Jacob Coxon warned the industry is "racing to build and grow our own adversary."

5. OpenAI Will Test Visual Ads During ChatGPT Image Generation

Clearly labeled image ads will appear for US users creating images in a test starting this month; OpenAI says ads do not influence answers and Plus, Pro and Enterprise users see none.

6. SpaceX Shares Climb About 7% After a Bullish Morgan Stanley Call

The stock posted its highest close since June after analysts called it cheap and reiterated a $300 target, lifting Elon Musk back to trillionaire status, according to Forbes.

7. Qualcomm and Huawei Sign a Broad Patent Cross-License

The multi-year deal covers 5G, AI, computing and networking and includes Qualcomm buying certain Huawei US patents, with Nikkei reporting Qualcomm will become the net payer for the first time.

8. Reflection AI Unveils Beam, a 501B-Parameter Open-Weight Model

The US lab, pitching itself as an answer to Chinese open models, says Beam rivals GLM 5.2 on reasoning with far less compute and will ship under Apache 2.0 later this month.

9. TikTok Launches an AI Shopping Assistant and One-Click Checkout

Announced at Advertising Week New York, the conversational assistant answers product questions while Buy Direct lets viewers purchase from brands straight from the For You feed.

10. Nvidia Adds a $4,999 64GB DGX Spark as Memory Prices Rise

The cheaper desktop AI system arrives October 23 through partners such as Dell, HP and ASUS, after the 128GB model's price climbed to $6,950 on surging memory costs.