What public companies just told the SEC about AI, read straight from the filings. Every quote links the original document.
Anthropic Submits Its First Registration Statement
Anthropic, PBC filed an S-1 registration statement on October 26 under CIK 0002130357. S-1 filings register securities with the SEC for a proposed offering or similar transaction. The exhibit disclosed in the filing covers intellectual property representations: the company warrants that its software has been developed and maintained in accordance with its contractual obligations to customers and with its public statements about its AI development processes and mandates.
SAP Pays $1.26 Billion to Build an Agentic Data Layer
SAP SE disclosed in a 6-K filed October 26 that it closed its acquisition of Reltio for US$1,259 million, the majority paid in cash. The stated aim is to give SAP's Business Data Cloud the ability to supply governed, context-rich master data to AI agents across an enterprise.
The acquisition is expected to help SAP to strengthen SAP Business Data Cloud (SAP BDC) and accelerate the evolution of SAP BDC to a fully interoperable enterprise data platform for enterprise-wide agentic AI and accelerate its customers' ability to govern and expose master data as trusted and context-rich data products across multiple sources that serve both traditional analytics workloads and AI agents.
SAP noted it is still in the process of measuring Reltio's assets and liabilities, so purchase price allocation is not yet final.
Three Enterprise Vendors Report Agentic AI Entering the Revenue Line
Cadence Design Systems raised its 2026 revenue outlook to 21% year-over-year growth in an 8-K filed October 26, citing its Maestro portfolio of chip-design AI models and its AI Super Agents as drivers. The company reported Q3 revenue growth of 22% and a record backlog of $8.2 billion.
Extreme Networks reported in an 8-K filed October 28 that AI-related offerings now represent more than 50% of subscription bookings, up 5x from the prior year. The company named a product shift as the driver:
The release of our second-generation AI platform, Agent ONE Coworker, marks our shift from conversational to ambient AI. This context-aware, proactive agentic AI management platform is the most advanced in the industry.
Intapp, which sells software to law firms and professional services practices, reported a trailing-twelve-month cloud net revenue retention rate of 123% as of September 30, 2026, in an 8-K filed October 27. The company attributed momentum to its Celeste product, now generally available, which embeds agentic AI into business acceptance, risk management, and revenue workflows at professional firms. Intapp also named new collaborations with OpenAI, Moody's, and Legora.
David's Bridal Plans to Spin Off Pearl as a Standalone Public Company
K&F Growth Acquisition Corp. II filed a Form 425 on October 27 covering a CNBC appearance in which David's Bridal CEO Kelly Cook announced a plan to spin off Pearl, the company's AI planning platform, into a public company. Cook would serve as CEO of the new entity once the transaction closes.
The platform offers agentic AI planning, streamlining appointments and communications for brides.
Risk Disclosures Begin Naming Competitor AI Adoption as a Threat
PriceSmart, the membership warehouse retailer, included a risk factor in its 10-K filed October 26 that covers both its own AI implementation and faster adoption by competitors, the latter framed as a direct threat to its brand.
Our use of artificial intelligence in our business or more rapid adoption of artificial intelligence by our competitors could result in harm to our brand and adversely affect our results of operations .
Nautilus Biotechnology filed a 10-Q on October 27 with comparable language, characterizing its AI and machine learning technologies as carrying potential reputational and liability risk. Nautilus also described AIML as central to its decoding pipelines and platform broadly, so the risk disclosure is attached to specific operational use rather than generic caution.