Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks  —  The ChatGPT maker's latest funding round values it at $1.25 trillion, less than its $1.4 trillion target

Binance says it has covered 90% of its hack losses, having set aside $6.34B+ of company funds; the remaining 10% is in less liquid tokens  —  Cryptocurrency exchange Binance said on Saturday that it was able to cover 90% of the amount stolen during its recent hack.

John Ternus says Apple doesn't “want to ship AI for AI's sake” and that Tim Cook is “available to help wherever I ask” on policy; Ternus has yet to meet Trump  —  Apple doesn't need fixing, and it doesn't want drama.  Its new leader is a “product guy” who bleeds six colors.

Sources: Meta built a prototype humanoid robot with Chinese firm Fourier in three months and is building a second; Meta says it has no plans to sell these units  —  Meta Platforms has built a prototype humanoid with Chinese robotics company Fourier and is already working on a second version …

S&P downgraded Meta's outlook from stable to negative, citing high capex and negative free cash flow; META fell 15% in October, its worst month in four years  —  Meta's outlook has been revised downward by S&P Global Ratings on concerns surrounding cash flow and AI spending.

Sources: neoclouds CoreWeave, Nebius, and Nscale have effectively been shut out of the bond market in recent weeks as lenders and investors demand tougher terms  —  Lenders and investors are getting choosier about their bets and demanding stricter terms, as the AI build-out enters a new phase

Anthropic says a malicious actor used access to Cursor's marketplace to publish a “tampered” copy of the Claude Code extension, which it didn't build or publish  —  We're working with Cursor on this incident, but it wasn't a compromise of Anthropic's systems or employee laptops. A malicious actor used access to Cursor's marketplace to publish a tampered copy of the Claude Code extension, which we didn't build or publish. The versions on our official channels a...

How AI detectors like Pangram are changing human writing: authors drop em dashes, “not X, but Y” phrasing, and words like “delve”, or add typos, to look human  —  As AI transforms writing and detectors like Pangram police what counts as machine-generated …

When talking about local inference, Sam Altman says supply-constrained DRAM is better used in data centers than sitting in PCs and “being used 5% of the time”  —  With data centers full of RAM, your PC is apparently the problem. … OpenAI CEO Sam Altman has data centers full of memory …

As AI models commoditize, lasting wealth will accrue to those controlling chokepoints like distribution, payment rails, and a stablecoin dollar, not to the labs  —  Scarce, controllable positions of Economic Power whose holders durably capture the gains of Increasingly Capable and diffused intelligence.

A look at growing bipartisan opposition to AI data centers in drought-stricken Arizona, where TSMC's chip fabs were welcomed but newer projects face backlash  —  Industry has drained the state's water reserves for decades.  Data centers are the breaking point.  —  AA hulking gray giant rises from the desert.

Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B; Baseten was valued at $13B in June after raising $1.5B  —  Artificial intelligence startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, according to people familiar with the efforts.

Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash to shareholders in the first three quarters of 2026, a 15-year low amid AI spending  —  The biggest US technology companies generated record amounts of cash in the first nine months of 2026, yet returned the smallest share …