Evening Scan

Netflix's ad tier crossed 250M monthly active viewers today as scheduled. Cerebras priced its IPO above range at $56.4B. Microsoft faced complications in both directions.

Microsoft Starts Canceling Claude Code Licenses

Microsoft pushed thousands of engineers toward Anthropic's coding tool earlier this year. Now it's pulling those licenses back, consistent with reports that the company is seeking its own LLM acquisition. (The Verge)

Netflix Ad Tier Hits 250M Monthly Active Viewers

Netflix is expanding to 15 new countries and testing ad personalization. From that position, it can make upfront pitches most legacy TV networks cannot match. (The Verge)

Mythos Preview Is First AI Model to Complete Both AISI Cyber Ranges

GPT-5.5 cleared only one red-team benchmark. The gap between frontier models on offensive cyber capability is widening faster than governance frameworks are adapting to it. (AI Security Institute)

250M** monthly active viewers on Netflix's ad tier — up from 94M a year ago. The ad business is no longer peripheral. *(The Verge)