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Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg)
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Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)
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Memo: Amazon says measuring AI adoption solely by token usage or code generation is "deeply flawed," as it discourages staff from tokenmaxxing (Annie Palmer/CNBC)
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GM plans to switch from the NYSE to Nasdaq on November 17 as part of its push under Tesla veteran Sterling Anderson to use AI to speed up its development cycle (Financial Times)
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Avante, which builds an AI platform to help companies manage employee healthcare and other benefits, raised a $30M Series A, following a $10M seed in 2024 (Kurt Schlosser/GeekWire)
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Oracle adds ChatGPT and Codex to its app stack and expands Oracle Cloud Infrastructure lineup with Google TPUs, OpenAI's Jalapeño chip, and Cerebras hardware (Seema Mody/CNBC)
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Google launches Genie 4, a world model powered by Gemini 3.8 Flash designed to generate interactive AI simulations, initially as a preview to trusted testers (Jay Peters/The Verge)
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Anthropic's S-1 shows an 85% gross margin in H1 from running its models, a reality check for skeptics who said pay-as-you-go model sales wouldn't be profitable (Stephanie Palazzolo/The Information)
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London-based Machenta, which is building an AI model that can teach robots new physical tasks after seeing them performed just once, raised a $40M seed (Rya Jetha/Business Insider)
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Apple adds a beta AI assistant built on Apple and OpenAI models to Keynote, Pages, Numbers, and Logic Pro, plus MCP support to Keynote, Pages, and Numbers (Emma Roth/The Verge)
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Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (Natasha Mascarenhas/Bloomberg)
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Neocloud General Compute, which specializes in bare-metal infrastructure, raised a $100M Series A led by Blackbird and Abstract at an $800M post-money valuation (Tim Fernholz/TechCrunch)
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Anduril and Qualcomm unveil BlueChip, a line of laptops designed and assembled in the US for defense and government; Anduril will begin taking orders in 2027 (Bloomberg)
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Apple updates the 24-inch iMac with an M6 chip, with up to a 12-core CPU, up to a 12-core GPU, and a dual 16-core Neural Engine, from $1,499 on November 6 (Apple)
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Apple unveils the 14-inch MacBook Pro with M6, with a 12-core CPU and a 12-core GPU, up to 32GB of unified memory, and Wi-Fi 7, from $1,999 on November 6 (Apple)
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The FCC warns TP-Link that three routers exceeded power limits and it may have submitted "false or incorrect information", a move that could allow further bans (Bloomberg)
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Study: non-English languages can consume far more AI tokens, with the most expensive using 1.5x-5x more than the cheapest, resulting in a "tokenizer tax" (Ananya Bhattacharya/Rest of World)
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Sources: Trend Micro's TrendAI found Israeli adtech company Discover-Tech heavily targeted Starlink users in 100+ countries, likely to geolocate or surveil them (Raphael Satter/Reuters)
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PayPal reports Q3 revenue up 2% YoY to $8.58B, below $8.71B est., TPV up 6% to $487.14B, and raises full-year adjusted EPS guidance to ~$5.60, above $5.39 est. (Elias Schisgall/Wall Street Journal)
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Hyphenate, which develops reinforcement-learning-driven AI agents to automate corporate finance tasks, raised a $45M Series A, taking its total funding to $54M (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg : Hyphenate, which develops reinforcement-learning-driven AI agents to automate corporate…
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Analysis: AI political groups have spent $78.5M on US federal candidates during the 2026 cycle; AI accelerationists spent $34M and safeguard-focused groups $39M (Luke Fountain/CNBC)
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Anthropic's S-1 excludes Labs co-lead Ben Mann from its "Continuing Founders" and Founder LLC; Anthropic says "it's still fair to refer to him as a co-founder" (Zara Stone/The San Francisco Standard)
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Sources: UK stealth AI startup 22one, which is building law enforcement tools, hit a nearly $400M valuation after raising funds from Sequoia, Lux, and others (Financial Times)
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A US federal judge orders the Trump administration to halt a ban prohibiting the Pentagon from doing business with companies lobbying for Alibaba (Peter Blumberg/Bloomberg)
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S-1: Anthropic spent ~$2.50 on compute and infrastructure for every $1 of revenue in Q1 2025, falling to under 50 cents in Q2 2026, as it seeks profitability (Financial Times)
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Sources: Broadcom CEO Hock Tan held 11th-hour talks and agreed to higher rates and loan guarantees to secure bank participation in the $63B Anthropic debt deal (Wall Street Journal)
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Nvidia and Meta expand their Muse partnership, including Meta deploying more Vera Rubin and Vera CPUs; Nvidia will invest $3B in Meta's planned equity fundraise (Wall Street Journal)
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Microsoft patches a severe flaw in its Android Authenticator app that could let untrusted apps impersonate Microsoft apps and obtain delegated account tokens (Abinaya/Cyber Security News)
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Experts: since June, $100M+ in US data center freight has been stolen; in two successful heists, robbers struck escorts protecting trucks hauling $10M+ in goods (Lisa Cavazuti/NBC News)
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China's Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month (Reuters)
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Ahead of US midterms, ChatGPT draws images "depicting election interference or that may discourage voting" in a cartoon style, ignoring photorealism requests (Katelyn Chedraoui/CNET)
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Fitbit Edge review: notable upgrade over the Charge 6 for GPS and heart rate, Google Health app is an improvement, but lacks software polish and NFC payments (Ray Maker/DC Rainmaker)
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OpenAI announces three breakthroughs in computer science, math, and physics, including that the Exponential Time Hypothesis, a longstanding conjecture, is false (OpenAI)
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Broadcom arranges a $63B deal with BofA, Blackstone, Citi, and Morgan Stanley to finance the purchase of chips for Anthropic via a new special purpose vehicle (Lynn Doan/Bloomberg)
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Intel agrees to acquire Tel Aviv-based quantum computing startup Classiq; Classiq has raised more than $200M in funding and has about 130 employees (Ian King/Bloomberg)
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Anthropic's IPO outlines an unusual succession plan: confidential, ranked lists of up to ten successors per founder, subject to approval from five cofounders (Anna Tong/Forbes)
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Sources: Hong Kong-based stablecoin payments company RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation (Olga Kharif/Bloomberg)
Olga Kharif / Bloomberg : Sources: Hong Kong-based stablecoin payments company RedotPay plans a US IPO filing by…
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Sources: DoorDash is in advanced talks to acquire Instacart, and the deal could be completed as soon as this week (Heather Haddon/Wall Street Journal)
Heather Haddon / Wall Street Journal : Sources: DoorDash is in advanced talks to acquire Instacart, and the deal could…
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Apple releases iOS 27.2, with Siri AI enhancements for recalling past conversations, understanding more personal context, supporting five new languages, more (Juli Clover/MacRumors)
Juli Clover / MacRumors : Apple releases iOS 27.2, with Siri AI enhancements for recalling past conversations,…
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Anthropic's S-1 shows a governance structure that suits a "fun quirky little mission-driven worker cooperative" seeking to raise billions as a public company (Matt Levine/Bloomberg)
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OpenAI releases GPT-6.1 Terra, touting "fast and capable computer use at scale" and clearer, more natural writing, priced at $1/1M input and $5/1M output tokens (OpenAI)
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Anthropic S-1: it spent just $482M on capex in H1 2026, leasing most of its compute, and its capex is almost entirely outsourced via $782B in lease obligations (Tim Culpan/Culpium)
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Cohere says during an evaluation Qwen3.8-Flash-Next inventoried its host machine and tried to upload a probe file to an Alibaba Cloud storage bucket in Beijing (Cohere)
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Apple says it is "aware of an issue impacting the inner display on a small number" of iPhone Duos and affected users can contact AppleCare for a replacement (Chance Miller/9to5Mac)
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S-1: as of September 30, Anthropic had 11,900+ customers spending $100,000+ annually, 1,900+ customers spending $1M+, and ~250 customers spending $10M+ (Rebecca Bellan/TechCrunch)
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Microsoft and others push out emergency patches for a critical flaw in Brotli, the C decoder library built into Node.js, that could allow remote code execution (Bill Toulas/BleepingComputer)
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Few VC firms are mentioned in Anthropic's S-1, except Spark, which invested ~$800M across six rounds and whose GP Yasmin Razavi is the sole VC on its board (Kate Clark/Wall Street Journal)
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Nevis, which uses AI to automate paperwork for financial advisors, raised a $70M Series B led by EQT Ventures, a source says at a $500M valuation (Camila Grigera Naón/Fortune)
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Microsoft offers buyouts to ~60K workers at VP level and below across teams in the US, Canada, India, and the UK; its headcount at the end of June was 223K (Bloomberg)
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