Half of AI Data-Center Proposals Face New Scrutiny
Democratic gubernatorial wins put 50% of proposed AI data centers on a path to greater scrutiny. OpenAI closed roughly $11 billion while Anthropic reportedly committed $3.4 billion to generators and Microsoft retired older compute.
Oracle’s Reported $300B OpenAI Deal Needs Lenders
In 2020, Oracle added A100 support to its cloud catalog; its reported $300B OpenAI commitment now calls for 4.5GW of capacity from 2027. Banks, chipmakers and customers have a stake in whether the promised clusters are built and used.
AMD’s 500 MW Bet Goes Beyond the GPU
AMD reported $8.5 billion in Data Center revenue in Q3 2026 and said its first Helios racks were installed at Meta. It also agreed to secure more than 500 MW from Core Scientific beginning in 2027; how much of that capacity will be used remains undisclosed.
Broadcom’s Second Product Is Credit
Broadcom agreed to lend Anthropic up to $42B and separately arranged $63B in chip-purchase financing. Oracle’s widening accelerator roster shows why more hardware choices do not settle the question of who can fund deployment.
Snorkel’s $3.5B Bet on the Agent Test Loop
Snorkel AI went from a $1B valuation as a data-labeling service in 2021 to $3.5B as an agentic data-development platform in 2026. Its move into evaluation raises questions about repeat business and customer control of feedback.
Anthropic releases Mythos 5.2 and Fable 5.2, saying they are “best for the most ambitious, open-ended technical work”, with outputs up to 30% faster than 5.1
We've upgraded Claude Fable and Claude Mythos—models that are designed to tackle the most daunting technical challenges.
Sources: a US Commerce Department investigation into Megaspeed for allegedly smuggling Nvidia chips to China was transferred to the DOJ after Nvidia intervened
An investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, was transferred to the Justice Department …
Nvidia hires former acting US attorney Joon H. Kim and his law firm Wachtell Lipton to conduct a probe into Jensen Huang's affair with an alleged Chinese spy
Wachtell partner Joon H. Kim, a former acting U.S. attorney, is leading the inquiry into the chip maker's chief executive.
Meta releases Muse Ember, its smallest and most cost-efficient AI model yet, saying it delivers more intelligence per dollar than Claude Haiku 5.5 or GPT-6 Luna
Meta Superintelligence Lab released a new AI model on Monday called Muse Ember, the lab's lightest and most cost-efficient AI model yet.
Anthropic launches its IPO roadshow, saying the company and shareholders plan to sell 825M Class A shares at $70 to $78 each, listing on the Nasdaq under ANT
Today Anthropic, PBC launched the roadshow for its proposed initial public offering of its Class A common stock.
French officials say Iran's Revolutionary Guards were behind the cyberattacks that knocked out commercial refrigerators and freezers across France in October
French officials on Monday accused Iran's Revolutionary Guards of responsibility for the cyberattacks that knocked …
Apple begins offering additional AI access via one-time $50 “intelligence usage packs” for when users hit monthly limits, starting in its Creator Studio apps
Apple has said it will eventually charge for expanded usage of select AI features. Now the first 'intelligence usage packs …
Rockstar plans to make GTA VI available on Xbox Cloud Gaming at launch next week, likely restricting streaming to consoles, and confirms GTA VI runs at 30fps
Rockstar Games confirms GTA VI will run at 30fps across all consoles. … Rockstar Games is making Grand Theft Auto VI available …
Google rolls out Gemini 4 Carbon to paid API and AI Ultra users two weeks after releasing it to cyber defenders, and previews a swarm feature in Antigravity
Developers, enterprises, scientists, and consumers can now try our latest frontier model. — SVP, Google DeepMind and Chief AI Architect, Google
Google unveils two specialized TPUs launching in 2027: the 8tx, to be paired with an AMD CPU, and the 8i Max, a dual-chip package for long-context window tasks
Alphabet Inc.'s Google is rolling out a broader array of artificial intelligence chips, aiming to capitalize on its rapid ascent …
Take-Two reiterates its FY 2027 outlook and reports Q2 total net bookings down 18% YoY to $1.6B, below $1.65B est.; NBA 2K27 missed sales forecast due to GTA VI
The video-game publisher may have hurt one game's sales with another of its own games — Take-Two Interactive Software Inc …
Elliptic: the hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain within days to launder ~$430,000 of the stolen funds
The hackers who stole $6.3 billion from Binance Holdings Ltd. in crypto's biggest ever heist have turned to one of the sector's …
SoftBank wrote off $3.7B in non-refundable data center equipment advances after reviewing its data center plans in Q2 and spending $9.5B on advance payments
SoftBank wrote off $3.7 billion spent on non-refundable advance payments to secure data center equipment, reflecting a review …
AI infrastructure provider Fireworks says hackers accessed some of its customers' datasets, incomplete model weights, and billing information in late October
Two customers told Forbes they had already substantially moved their business off Fireworks' systems, with one describing a series …
Disney and Adobe sign a multiyear deal to build proprietary “artist-led” generative AI models with Adobe Firefly Foundry to support Disney's production pipeline
The partnership will give Disney ‘early access’ to AI tech for its resorts, cruise line, ESPN graphics, and more.
Trump Media reports $409.7M in Q3 profit fueled by digital asset gains, vs. a $54.8M loss in Q3 2025, and $3M in sales, $1.8M from subscriptions like Truth API
The parent of Truth Social reported a profit of $409.7 million in the third quarter — Trump Media & Technology Group …
California voters reject Proposition 40, which would have imposed a one-time 5% tax on residents with a net worth above $1B to mostly help fund health care
California voters have rejected a first-in-the-nation tax on the net worth of billionaires following a contentious ballot fight …
Emails: Anthropic sent bankers a copy of its IPO filing showing plans to raise up to $69.3B, then followed up saying that the pricing details were inaccurate
Anthropic sent out and then retracted details of its blockbuster IPO filing, according to emails to bankers seen by Reuters late on Monday.
Trump says the FBI is “looking into” Jensen Huang's affair, and the Nvidia CEO told him that he “had absolutely no idea that the person in question was a spy”
President Donald Trump said Monday that Nvidia CEO Jensen Huang should not worry about the FBI looking …
Australia is drafting legislation for an AI safety regulator that can impose “significant penalties” after an OpenAI model hacked a government site in September
Australia will create a new artificial-intelligence safety regulator that will have the power to impose …
Meta expands its AI age estimation tech globally to apply Instagram's Teen Account protections for millions of users from 13 to 17 who misrepresented their age
Meta says it will expand Teen Account protections to millions more kids, even if they've misrepresented their age.
Google Fi debuts a “super network” feature for automatic carrier switching and Wi-Fi Auto-Connect+ to improve indoor connectivity in malls, airports, and more
It's rolling out first on Pixel phones before wider availability arrives in 2027. — Getting the fastest mobile data speeds …
GeniosAI, which develops AI software for financial analysis and modeling, raised $19.1M across a seed and a Series A from FactSet, Zoom, and General Catalyst
GeniosAI, which develops AI software for financial analysis and modeling, has raised $19.1 million in combined seed and Series A funding, CEO PD Singh tells Axios Pro exclusively.
China's trade surplus hit $1.04T in the first 10 months of 2026, topping $1T for a second year in a row, as AI-driven tech exports offset weak domestic demand
China's trade surplus surged past $1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales …
Meituan releases weights for LongCat-2.5, a 1.6T-parameter MoE model for long-horizon agentic tasks, under the MIT license, after unveiling it on November 1
Meituan released the weights for LongCat-2.5 on Nov. 9, one week after introducing the model. The Chinese food delivery …
Amazon's Ring unveils the $249 Ring Drone Cam and the $999 Ring Rover Cam, both using its AI Pilot to navigate interior spaces, under new subbrand Ring Robotics
Alongside the Ring Drone Cam, Ring introduced the Rover Cam for businesses. It investigates disturbances and streams 4K footage.
Nvidia drops 4.3% after its board opens an investigation into Jensen Huang; the company originally dismissed the interactions as “nothing unusual or unexpected”
Board of chipmaker opens investigation after chief executive Jensen Huang admits to affair
The White House picks Palantir CISO Michael LoSapio to lead the DHS' Cybersecurity and Infrastructure Security Agency, replacing Acting Director Nick Andersen
The White House said on Monday it has nominated Michael LoSapio to be the director of the US Department of Homeland Security's Cybersecurity …
AI training startup Mercor raised a $750M Series D from Benchmark, General Catalyst, Nvidia, and others at a $20B valuation, up from $10B in October 2025
Mercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion.
Jensen Huang's affair raises questions about Alice Huang's access to his devices and Trump conversations, and represents “another successful op” for China's MSS
A profile of Alice Huang, a suspected Chinese spy who founded Megaspeed in 2023 and spent years in Jensen Huang's orbit; Megaspeed's Nvidia imports top $4.6B
and $150B fortuneThe San Francisco Standard:A spy, an affair, chips: What you need to know about the Jensen Huang investigationPatrick Redford /Defector:Nvidia CEO Admits To Affair With An Accused Spy...
SoftBank reports a Q2 net loss of ~$7B, down from a ~$15.8B profit in Q2 2025, and ~$14B revenue, above ~$12.8B est., as the tech selloff weighs on its results
- SoftBank Group reported a fiscal second-quarter net loss of 1.12 trillion yen — SoftBank reported a fiscal second-quarter net loss …
Anthropic unveils office tools, including a video call assistant, a data dashboard, and spreadsheet service Claude Sheets, competing with Microsoft and Google
Anthropic PBC is releasing a suite of tools that weave the company's artificial intelligence capabilities into more everyday office work …
SpaceX plans a gas-fired power plant and super-compute facility in Starbase, Texas, with ~$24B of investment for initial phases, per a public hearing notice
SpaceX plans to construct, own and operate a gas-fired power plant and super-compute facility at its company town in Starbase, Texas …
Jensen Huang maintains deep control over Nvidia, managing 60+ direct reports and owning a 3.56% stake, presenting a challenge for Nvidia's 10-person board
Sources: Citigroup, Goldman Sachs, and others in a 21-bank consortium have committed ~$270M to fund five years of a stablecoin venture announced in September
A group of financial firms including Goldman Sachs Group Inc., Citigroup Inc., Banco Santander SA and Deutsche Bank AG …
The US DOJ sues Lyft for allegedly discriminating against riders with disabilities, seeking $53M in compensation; Lyft disputes the allegations
The US Justice Department sued Lyft (LYFT.O) on Monday, alleging the ride-hailing services provider discriminated against passengers with disabilities …
Google DeepMind researchers used agentic AI framework AlphaProof Code to verify the Signal protocol's cryptographic guarantees, in a four-week proof-of-concept
DeepMind researchers were able to formally verify that the widely used encryption protocol works as intended. Their stretch goal?
Uber launches Uber Parking, an in-app parking reservation tool powered by its SpotHero acquisition, in 15 US cities, including Chicago, NYC, and San Francisco
Sources: Jensen Huang hired crisis communications firm Heller as early as October 2025; an NYT report in October 2025 on his Megaspeed ties caused tensions
The Nvidia CEO began working with consultants from Heller as early as October 2025, around the same time he was first linked to a suspected Chinese spy.
Anthropic says during testing Mythos 5.2 and Fable 5.2 formalized the proof of Fermat's Last Theorem in 30 hours and solved two open black hole physics problems
Claude Fable 5.2 is designed to take on big technical challenges, and it's available today.
CoreWeave reports Q3 revenue up 168% YoY to $3.66B, vs. $3.55B est., a net loss of $709M, and a $132.5B revenue backlog, up from $104B as of June
CoreWeave reported better-than-expected quarterly revenue and lifted its 2026 guidance on Tuesday, showing that demand for artificial intelligence …
The AI Futures Project updates its timelines after METR's report on Anthropic R&D progress, saying it now expects a Superhuman AI Researcher to arrive in 2027
We want to get this post out quickly given the urgency of the topic. It's possible that there are some errors in the modeling …
Jensen Huang's spy affair shines a spotlight on Nvidia's thin corporate governance and opaque succession planning at the world's most important company
Nvidia CEO Jensen Huang's spy scandal shines a spotlight on thin corporate governance and opaque succession planning at what has become the world's most important company.
Source: OpenAI told investors on Tuesday that its revenue jumped 50% to around $10B in Q3, up from 17% growth in Q2
OpenAI has told investors that revenue jumped nearly 50% to $10 billion in the third quarter, rebounding from a period of slower growth as demand for its more recent models …
Mavria, which aims to build modular data centers that can be shipped by trucks, raised $130M across pre-seed and seed rounds at a $1B valuation led by Paradigm
Filings: Moonshot signed a deal in August to rent 32 China-based Super Micro servers with Nvidia B300, the most powerful AI chip, possibly in breach of US rules
Moonshot AI accessed a trove of Nvidia Corp.'s most advanced chips this summer, according to documents filed with Beijing regulators …
Graphon, which wants to resolve AI agent memory limitations by mapping connections across docs, videos, and images, raised a $35M Series A led by RRE Ventures
AI agents can write code, search databases, and carry out multistep tasks. But they can still lose track of past conversations and struggle …
In a 60 Minutes interview, Trump says the DOJ threatened a top exec at “one of the big” AI companies over “bad” activities and this “person totally changed”
Oura agrees to acquire AI and on-demand doctor tool Counsel Health for $625M, and says Q4 revenue grew 153% YoY to $533M and FY 2026 revenue grew 92% to ~$1.75B
Oura Inc. agreed to acquire artificial intelligence and on-demand doctor service Counsel Health Inc. for $625 million …
Sources and records: 11+ NSA and US Cyber Command personnel died by suicide over the 12 months to September, prompting White House and Congressional questions
At least 11 National Security Agency and US Cyber Command workers died by suicide over roughly the past year …
Sources: Alice Huang and her partner pitched a Southeast Asia data center project to China-based investors in 2025, saying they had “no problem securing GPUs”
Financial Times:
Reddit launches Reddit Reviews, a built-in hub using AI to turn subreddit comments into product pages with pros, cons, and sentiment, starting with 10K items
New York Governor Kathy Hochul launches the US' first effort to independently test AI systems and train a new generation of AI safety experts via a new center
New York Gov. Kathy Hochul is launching a first-in-nation effort to have the state independently test AI systems and train …
Anthropic prices Fable 5.2 and Mythos 5.2 at $8/1M input and $40/1M output tokens, down 20% from 5.1; fast mode costs $16/1M input and $80/1M output tokens
Frederic Lardinois /The New Stack:
Short seller Culper Research's May 13 report, which flagged Jensen Huang's relationship with Alice Huang as “uncomfortably close”, resurfaces on social media
Six months before the Nvidia spy scandal emerged, the New York-based short seller firm Culper Research …
The US OCC fully approves Coinbase to become a chartered trust bank; sources say it could expand Coinbase's stablecoin business by letting it issue stablecoins
Analysis: Nvidia's 2025 figures to the US government undercounted chips sold to Megaspeed via partners by 50,000; Nvidia did not give Bloomberg an exact figure
Mackenzie Hawkins /Bloomberg:
IBM ends H-1B and green card sponsorships for most of the sponsored roles in IBM Consulting; source: workers can still work with IBM outside the US or leave IBM
Sources: Jensen Huang and Alice Huang's relationship dates back to at least 2023, facilitating $7.5B+ in Nvidia chip shipments via Chinese companies since then
The Information:
Nvidia Senior Director Madison Huang, daughter of Jensen, cancels a high-profile Seoul appearance citing a “family matter”, throwing the event into disarray
Filing: Alibaba says its chip design unit T-Head filed on September 11 for a Hong Kong listing after the SEHK cleared it; T-Head is set to remain a subsidiary
SpaceX announces Starlink Mini 2 with a swappable battery that it says can operate for over four hours without an external power source, reportedly for $999
BT CEO Allison Kirkby says a Starlink deal is “ready to launch” but BT is “cautious on how Starlink might be viewed” after Elon Musk cut Starshield to Ukraine
Medium launches TK, an AI-powered, minimalist note-taking, journaling, and private social networking app with daily prompts, its first major launch since 2017
Amsterdam police arrested between 150 and 200 protesters for trespassing and violence at a Microsoft data center construction site owned by Pure Data Centers
Internal EU assessment: Russia's “Operation Overload” opportunistically exploited recent French riots by spreading fabricated videos impersonating Western media
Anthropic's Fable 5.2 represents “Jagged AGI”, which matches human experts on most computer tasks like game design but lacks self-directed judgment and taste
Ethan Mollick /One Useful Thing:
At Adobe Max, Adobe unveils Creative Cloud and Firefly AI updates that aim to make designing and editing easier, including Premiere's new Generative Remove tool
OpenAI launches Businesses in ChatGPT in beta, including Business Agents for companies to interact with users and a hub where companies can claim their profiles
Alta, which is building blockchain infrastructure for banks and payment companies, raised a $47.5M Series A led by Index, bringing its total funding to $80M
US voters in Harwood, North Dakota rejected a ballot measure that opposed Applied Digital's $3B data center, set to open in 2027, bucking a nationwide backlash
Sources: despite Trump's denial, he was told at least twice in seven months about Huang's affair with an alleged spy, including by Rubio en route to Beijing
New York Times:
Filing: Anthropic's IPO could give it an up to $1.405T valuation on a fully diluted basis, up from the $965B valuation during its $65B Series H announced in May
Anthropic said it will offer 825 million shares in its upcoming IPO at a price range between $70 to $78 per share …
TSMC plans to invest up to $500M in Anthropic at its IPO price and up to $500M in OpenAI to acquire preferred stock
Tel Aviv-based Bay, which helps companies find AI agents and set guardrails, emerges from stealth with a $37M Series A led by Battery Ventures and a $13M seed
Cyanogen's co-founder and two others debut Kora, a Linux desktop OS that integrates AI models at a system level, set for a 2027 launch on Snapdragon and x86 PCs
Scale Labs and CAIS' Remote Labor Index: Fable 5.2 completes 41.3% of freelance projects at professional quality, above Opus 5.5's 21.3% and GPT-6 Astra's 20.8%
Maximilian Schreiner /The Decoder:
Dreeze, launched by Zerto founders to help companies recover from cyberattacks by restoring entire cloud applications, emerges from stealth with a $33M seed
Sources: Microsoft and other companies are lobbying the Trump administration to halt the FCC's plan to ban US imports of new Chinese optical transceiver models
Coframe, which uses AI to make websites that test and personalize themselves for each visitor, raised a $25M Series A, bringing its total funding to $35M
Spines, which uses AI agents to edit and proofread amateur authors' books, design their covers, and handle their layout, raised $29M in equity and $35M in debt
São Paulo-based Clara, which sells corporate spend management tools in Latin America, raised $105M, as a $65M Series C and $40M in renewed growth financing
Nominal, which builds software to make hardware manufacturing more efficient, raised $240M at a $3B valuation, up from $1B after an $80M Series B in March
US federal prosecutors say businesses have lost $129M+ to scam calls that used AI-generated voices to mimic company executives in the 18 months since July 2024
How Alice Huang built her career with romantic partner and Hexi Capital founder Kang Wei, who faced stock market probes; sources believe she is back in China
Executive alleged to be Chinese spy who had affair with Nvidia chief had already built career alongside a man with a history of crossing regulators
An interview with ex-Shein Executive Chair Donald Tang who insists it was his decision to step down ahead of the troubled IPO, Shein's valuation rout, and more
Path Robotics, which develops software for autonomous manufacturing robots, raised a $300M Series E at a $2.45B valuation, taking its total funding to ~$610M
IPO prospectus: Anthropic and its investors are set to raise up to $64.4B, and it will also raise $26B via cornerstone investors like Google, AMD, and Nvidia
Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark test of whether Wall Street's faith …
Draft law: the EU's Digital Fairness Act would require companies to let adults disable addictive features and will target AI systems that simulate relationships
Sources: Nvidia internally discussed a succession plan over the years for Jensen Huang, who resisted; many of the 10 board members have a long history with him
New York Times:
Lawsuit filing: Point72's quant unit Cubist claims its fired lead research analyst used Claude and Codex to steal source code before leaving for a competitor
Sources: Jensen Huang resisted internal Nvidia talks about succession planning, which took place over the years; many of the 10 board members are close to him
New York Times:NEW
S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November, including in its IPO
Cory Weinberg /New York Times:NEW
The EU sues IBM, French IT group Atos, and Italian contractor Leonardo over delays building its smart border system, whose rollout caused travel chaos
Sources: Nvidia board member and ex-Cooley CEO Stephen C Neal will probably lead the probe; Nvidia's corporate docs make no reference to “succession planning”
Financial Times:
Sources: Goldman Sachs expects Anthropic to hit ~$52B revenue in 2026 and $600B+ by 2030, an operating profit in 2029, and be free cash flow positive from 2030
Financial Times:NEW
Updated S-1: Anthropic's seven co-founders will sell $1.75B of stock in next week's IPO, each offering shares worth ~$250M at the midpoint of its IPO range
Dylan Sloan /Bloomberg:NEW
Updated S-1: Anthropic commits ~$10B more to Microsoft Azure and Google Cloud by 2033; it can cancel a $34.9B Lambda deal over a delay but doesn't yet plan to
Aaron Holmes /The Information:
Sources: the US Commerce Dept. delayed new Entity List additions for two months, leaving off Megaspeed despite four other US agencies pushing for its inclusion
Financial Times: