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October 5, 2026, 11:45 PM
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Semafor:
NY-based Reflection unveils Beam, an open model it claims rivals GLM 5.2 on reasoning while using 3x-4x less compute and approaches Qwen3.8-Max on agentic tasks  —  Reflection AI, the startup billing itself as America's answer to open-source Chinese AI, is releasing its first model, called Beam.
Lora Kolodny / CNBC:
SpaceX stock closes up 7.6% after Morgan Stanley called SPCX “cheap”, reaching its highest level since mid-June and returning Elon Musk to trillionaire status  —  SpaceX shares rose almost 8% on Monday, reaching their highest since mid-June, shortly after Elon Musk's company held its record initial public offering.
Jason Shubnell / The Block:
The CFTC proposes a federal framework for crypto exchanges to offer retail customers leveraged and margined spot trading, without requiring congressional action  —  The agency floated a new “crypto asset market” exchange category but said it can't require crypto to trade on CFTC platforms without Congress.
Bloomberg:
Former Anthropic researcher Jacob Coxon and representatives from Anthropic, Google, OpenAI, and Meta testified at a New York City Council hearing on AI safety  —  Former Anthropic researcher Jacob Coxon warned that the race to develop artificial intelligence poses risks that the industry itself …
New York Magazine:
Q&A with AI researchers Jacob Coxon, Daniel Kokotajlo, Alex Turner, and others on leaving AI labs, AGI's dangers, planned IPOs, AI safety, oversight, and more
Dominic-Madori Davis / TechCrunch:
Ghost, which makes a $3,499 computer designed for AI agents and includes an RTX Pro 4000 SFF Blackwell GPU, emerges from stealth with an $11M seed led by a16z  —  For much of his life, Zain Javaid, 19, wanted to be a quant who uses math and data to guide his investment decisions.  And for a while, he was one.
OpenAI:
To comply with the EU AI Act, OpenAI plans to add text watermarking for ChatGPT and Codex users in the EU and an opt-in setting for API customers globally  —  - Starting today, API customers globally will be able to opt in to text watermarking for select models.
The Information:
Sources: Meta and Microsoft are working to cut their employees' use of Claude; Meta employees using Claude Code have dropped to ~30K from ~60K earlier this year  —  Meta Platforms and Microsoft, two of Anthropic's biggest corporate customers, are working to cut their employees' use of Claude …
SemiAnalysis:
Analysis: Anthropic's subscriptions offer ~5x more API-equivalent value per month than OpenAI's for agentic workloads with Claude Opus 5.5 vs. GPT-6.1 Sol  —  Limit testing every AI subscription plan from Anthropic, OpenAI, Meta, SpaceXAI, MiniMax, Moonshot, Z.ai, Cursor, and Cognition
Annika Inampudi / Bloomberg:
In a first-of-its-kind pilot in the US, Nolla Health will use AI to diagnose and prescribe acne medications to Utah patients without direct human oversight  —  In a first-of-its-kind pilot, Nolla Health lets AI diagnose and issue prescriptions.  —  An AI-based healthcare startup on Monday …
Miyoung Kim / Reuters:
Huawei agrees to a multiyear patent licensing deal with Qualcomm covering AI, 5G, computing, and networking tech, its first 5G licensing deal with Qualcomm  —  China's Huawei Technologies (HWT.UL) said on Monday it had agreed a broad multi-year patent licence deal with Qualcomm (QCOM.O) …
Bloomberg:
Sources: Moonshot AI closes its final private funding round at a ~$50B valuation and is targeting a Hong Kong IPO in Q1 2027 to raise up to $5B  —  Moonshot AI has closed the final round of private fundraising at a valuation of about $50 billion and is heading toward an initial public offering …
Vanity Fair:
Q&A with Sam Altman on his kids, his rivalries, pronatalism, “prepping” for the apocalypse, new products, the IPO delay, Luca Guadagnino's Artificial, and more  —  In an exclusive video interview, the OpenAI CEO discusses ChatGPT and suicide prevention, safety breaches …
Marina Temkin / TechCrunch:
Sources: AI inference-chip startup Etched is in early talks to raise funding at a $40B-$50B valuation, up from $21B in August  —  Although it's only been a couple of months since Etched raised $700 million at a $21 billion valuation, the AI chip startup is already being plied with investment offers …
Mayank Parmar / BleepingComputer:
OpenAI says it will begin testing a visual ad format in ChatGPT later in October in the US, displaying clearly labeled visual ads while users generate images  —  OpenAI is expanding ads in ChatGPT, and one of the first new formats will show visual ads while you're generating images.
Phoebe Liu / The Information:
Sources: Nico Caprez, son-in-law to Jensen Huang, rapidly ascended to become an Nvidia VP, serving as its main contact for neoclouds and Huang's “consigliere”  —  A little over a week ago, Madison Huang, a rising star at Nvidia and the daughter of its CEO, celebrated her wedding in Hawaii.

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This is a Techmeme archive page. It shows how the site appeared at 11:45 PM ET, October 5, 2026.

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From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

Denise Petski / Deadline:
Amazon Prime Video sets November 20 for the premiere of “Melania, The Series”, the two-episode follow-up to Brett Ratner's “Melania” documentary

Brian Steinberg / Variety:
Nielsen: ~31.2M people watched midterm primetime coverage across 13 TV networks; NBC News led with 6.74M, ahead of ABC News with 5.19M and Fox News with 4.32M

More News

Wall Street Journal:
Survey: only 11% of 396 businesses could forecast AI spending; Microsoft finds lower-priced models cost more than higher-priced ones on 32% of 6,800+ tasks

Earlier Picks

Dan Milmo / The Guardian:
The IWF says it assessed 6,310 AI-generated images that met the legal definition of CSAM in H1 2026, 40% more than the 4,500+ images assessed in all of 2025
Ben Berkowitz / Axios:
Sam Altman says he's “very uncomfortable” with attributing “religious force” to AI, calling it “a real safety issue”, as Anthropic meets with religious leaders
Scott Patterson / Bloomberg:
OKX and ICE's joint venture OKXICE is seeking US SEC approval to offer tokenized shares of 63 NYSE-listed companies, leveraging new rules on tokenized stocks
Politico:
Trump announces a Super Intelligence Force, led by DNI Jay Clayton, along with FTC Chair Andrew Ferguson, the DOD's Emil Michael, and OPM Director Scott Kupor
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