3 AI stories you missed: Reflection's Beam weights, Meta's new crawl terms, Anthropic's IPO valuation
Three more AI stories from October 16, 2026.
Reflection released open weights for Beam
Its first open-weight model: 501B parameters (23B active), a 1M-token context and an Apache 2.0 license, built for coding and agents. Weights are on Hugging Face in BF16, FP8 and NVFP4.
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Meta's new commercial terms let it crawl business-linked websites for training
Effective Oct 30, Meta can crawl sites linked to business accounts on Facebook, Instagram and WhatsApp and use that content to train Meta products. There's no opt-out except to stop using Meta for business. Meta says sites can still use robots.txt.
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Some Anthropic investors discussed a ~$1.5T IPO valuation
Reuters reports that's down from the roughly $2T expected for the November IPO. Q3 revenue rose 45% to $16.8B, but Q2 had more than doubled, and the slowdown disappointed some investors.
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