AI giant Anthropic has filed for an initial public offering. Luiz Inacio Lula da Silva beats the odds to win a fourth term as Brazil's president - while his opponent Flavio Bolsonaro refuses to concede. France's Marine Le Pen officially launches her presidential bid. Leaders from Saudi Arabia, Turkey and Pakistan meet in Iran to discuss de-escalation. Venezuelan opposition leader Maria Corina Machado makes a much-anticipated return home after almost a year away. And the race to be crowned the world's best soccer player is heating up with the countdown to the Ballon d'Or.

• This podcast was corrected. An earlier version incorrectly said that Anthropic had gone public. They filed an IPO to go public.

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Tara Oakes Hi, I'm Tara Oakes in Liverpool. Christopher Walljasper And I'm Christopher Walljasper in Chicago. It's Monday, October 26th. Today: What we learned from Anthropic's IPO filing.

Lula wins another term as Brazil's president in comeback fashion. Venezuelan opposition leader Maria Corina Machado makes her way home. And France's Marine Le Pen launches a bid for president.

This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, 7 days a week.

Anthropic has filed to go public, revealing revenue of more than $16 billion in the first half of this year. That's up 1400% from a year earlier. The growth is fueled by massive spending by big tech companies, but it's also raising concerns about the sky-high valuations and rising debt in the industry. Anthropic's IPO shows an $80 billion loss in the first half of 2026. That's driven largely by the rising value of bonds that can be converted into the company's shares. The filing has also flagged safety concerns as AI systems advance, including code sabotage and what the company calls self-preserving actions. Anthropic is expected to list on the Nasdaq in the coming weeks.

Saudi Arabia, Turkey and Pakistan have sent top officials to Tehran. The aim de-escalating tensions in the region and preventing further military aggression. It will be the first high-level talks between Iran and the three nations since the US and Israel launched attacks that have cascaded into a wider Middle East conflict. Egypt has now approved defense support for Saudi Arabia as Yemen's Iran-backed Houthis continue to launch attacks on the Kingdom. Saudi Arabia, Pakistan and Turkey signed a mutual defense pact in August. Luiz Inácio Lula de Silva I have to govern for 215 million.

We are no longer adversaries. I have to govern for all 215 million people. That was Brazil's Luiz Inácio Lula de Silva's message last night after he rallied to win the second round of the presidential elections. Flavio Bolsonaro, son of former Brazilian president Jair Bolsonaro, seemed to be in pole position, winning just shy of 50% in the first round earlier this month. Flavio Bolsonaro Let's ask for the cancelation of these elections.

But the right-wing senator is so far refusing to concede, citing voting irregularities and promising to take "legal action" to annul the final results. It points to challenges ahead, as Lula takes the reins for the fourth time, according to our reporter, Oliver Griffin, in Sao Paulo.

Oliver Griffin The thing that seems to have propelled him to victory in this second round is the fact that there was a greater than expected voter turnout. The initial reaction from the senator, Flavio Bolsonaro, has been to reject the result tonight. And he is saying that it is impossible to recognize these results with everything that happened. He is referring to an event where a Supreme Court judge extended voting by two hours, across the country and including places where some polling stations had been shut previously, citing complaints by Lula's campaign over restrictions to public transport access for voters.

The key challenge for Lula in this term is definitely going to be the fact that he's going to facing a very hostile Congress. In the vote on October 4, you know, when Flavio actually came at the top of that vote, congress members of the lower house of the senate outperformed on the right so he's not really going to be received with open arms by lots of those new lawmakers or re-elected lawmakers going into next four years.

A political surprise in neighboring Venezuela, too, where Maria Corina Machado returned home after nearly a year outside the country. Crowds packed the streets to see her on the way to the capital, Caracas. Machado, who won the Nobel Peace Prize last year, was prevented from challenging now-deposed leader Nicolas Maduro for the presidency in 2024. She was first forced into hiding and then forced to flee the country. But with Maduro gone and a new US-backed leader in charge, Machado was able to return Sunday after several previous requests. With her return, many Venezuelans hope that she'll lead the country back to democracy. Hernan Adame lined the road in Lara State.

Hernan Adame That Maria Corina Machado is our next president. He says he's declaring to the world that Machado will be the country's next president.

To France now, where far right leader Marine Le Pen has formally launched her campaign for president.

Marine Le Pen La limite c'est la règle que l'on suit, c' est la hiérarchie qu'on respecte.

After weeks of protests and unrest across France, which has been sparked by cost of living and inequality concerns, Le Pen and her National Rally Party are promising to restore order and national confidence. Addressing a crowd of cheering supporters in Orléans, Le Pen's promising zero-tolerance policing and pledging to restore border controls and crack down on gangs and drug traffickers. Le Pen leads recent opinion polls which show voters deserting mainstream parties in favor of more extreme candidates on both sides of the political spectrum.

She was convicted of embezzling European Parliament funds in 2025, which barred her from running for French office for five years. An appeals court this summer upheld the conviction, but shortened her sentence, allowing her to run in 2027.

Celebrations in Serbia's capital Belgrade after a shock victory for a student-led political party over long-term leader Aleksandar Vucic. He's served as either president or prime minister since 2014. Aleksandar Vucic So it is clear that we have lost these springs.

It's clear that we have lost these elections, he said on Sunday. Students had led mass demonstrations against boot church since 2024, protesting what they described as corruption and creeping authoritarianism.

Sejla Kupic It's just unbelievable. After so many years of this tyranny and dictatorship, we are finally free.

Belgrade resident, Sejla Kupic was one of tens of thousands of people cheering the result. But big questions remain about how the student-backed party will govern.

Tonight is the annual Ballon d'Or Awards, which honor the best men's and women's players in the game. And it will be presented in London for the first time in its 70-year history. And it's a tight race for the top prize this year. Sports reporter, Rohith Nair, is here to introduce us to the leading candidates.

Speaker 6 So, if you look at the men's contenders, England captain Harry Kane, he enjoyed a remarkable season with Bayern Munich. And if you include his goals for club and country, he had 73 last season. That's almost peak Lionel Messi, Cristiano Ronaldo level when they were just collecting Ballon d'Or awards for fun in the 2010s. If anyone's going to stop him, it's probably going to be Lamine Yamal, his Spain's teenage sensation. I think Kylian Mbappe is your dark horse for the Ballon d'Or. He was a top scorer in the Champions League. He was the top scorter in the World Cup.

He was top scoter in La Liga. For the women's Ballon d'Or for the first time in four years, we're going to have a new winner. One of the leading candidates is Ewa Pajor. Barcelona completed yet another treble winning season. Alexia Putellas, she is also another contender.