| Natalia Kniazhevich / Bloomberg: |
The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress — Technology stocks plunged the most since 2020 on Thursday as investors exited the sector on concerns over the artificial intelligence trade … | Jada Nagumo / Nikkei Asia: |
| Wall Street Journal: |
Sources: major investors are increasingly skeptical Anthropic's IPO can achieve a $1.5T valuation after a market selloff; one says it could be closer to $1T — The AI giant could need to set a significantly lower-than-expected valuation, investors say — Major investors are increasingly … | Kana Inagaki / Financial Times: |
Elon Musk says Tesla plans to wind down production of the Cybertruck at its Texas Gigafactory in mid-2027 “to make room for increased Cybercab production” — Carmaker will wind down production of futuristic pick-up truck at its gigafactory in Texas| Thinking Machines Lab: |
| Reuters: |
| New York Times: |
Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose — The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company's portfolio.| Davey Alba / Bloomberg: |
Google says it will spend $17B to build its first Wyoming data center, pay for all the power it uses, and form a Community Council to address growth concerns — Alphabet Inc.'s Google will spend $17 billion to build a data center in Wyoming, formally putting a price tag on the proposal … | Pranshu Verma / Washington Post: |
Sources: Democrats are eyeing Apple, Meta, and Elon Musk-led companies as early congressional investigation targets, after winning House and Senate majorities — Democrats are laying the groundwork to investigate some of the country's largest companies, setting off a scramble among executives who courted the president.| Matthias Bastian / The Decoder: |
Google rolls out Gemini Omni 1.2 Flash, which creates clips up to 15 seconds, vs. 10 seconds with Omni 1.1, has better reference adherence, and costs 30% less — Ask about this article... Google says Gemini Omni 1.2 Flash is rolling out through the Gemini API, Google AI Studio … | Tiffany Li / The Information: |
| Radhika Rajkumar / ZDNET: |
Anthropic launches Personal Finance in Claude, letting users connect bank and credit card accounts via Plaid with read-only access to analyze spending trends — Anthropic has released what appears to be its answer to ChatGPT Finances. — ZDNET's key takeaways| Financial Times: |
Sources: UK neobank Monzo is exploring a new fundraising round valuing it at ~£7.5B after failing to be acquired by Nu Holdings and struggling to sell a stake — Lender had shifted focus to talks with buyout groups after failing to clinch a £10bn takeover by Brazilian fintech Nubank| Reuters: |
Sources: China's top memory maker YMTC plans to source up to 70% of equipment for its fourth chip factory locally, up from just over 50% for its third factory — China's largest flash memory chipmaker, Yangtze Memory Technologies Co (YMTC), plans to source as much as 70% of the equipment … | Bloomberg: |
Airbnb reports Q3 revenue up 19% YoY to $4.9B, above est., Nights and Seats Booked up 16% to 155M, rises its FY 2026 revenue outlook; ABNB jumps 9%+ after hours — Airbnb Inc. Chief Executive Officer Brian Chesky said his company is back in “growth mode” after it posted the fastest revenue gain … | Kelly Cloonan / Wall Street Journal: |
Lyft reports Q3 revenue up 8% YoY to $1.82B, vs. $1.92B est., and a net loss of $0.03 a share, vs. an est. profit of $0.20 a share; LYFT drops 8%+ after hours — However, the ride-hailing platform's top and bottom lines were dented by legal, tax and regulatory reserve changes and settlements| Emma Roth / The Verge: |
Perplexity rolls out Teammates, an always-on AI agent system that integrates with Computer to handle multiple roles and execute large-scale tasks simultaneously — Like OpenAI's Dots and Claude Duet, Perplexity's Teammates can perform an array of tasks while running 24/7.| Meghan Bobrowsky / Wall Street Journal: |
Meta President Dina Powell McCormick says building new US data centers will be “harder” after midterm results, but it will be easier to expand existing projects — Speaking at the WSJ Tech conference, Dina Powell McCormick says the company is more optimistic about scaling up its existing data centers| Mackenzie Hawkins / Bloomberg: |
Sources: Nvidia is requiring Southeast Asian customers seeking Nvidia Cloud Partner status to enroll in a program that tracks the locations of their AI chips — Nvidia Corp. is stepping up monitoring of AI accelerators sold in Southeast Asia, a strategic step to curtail semiconductor smuggling … | Jay Peters / The Verge: |
Meta rolls out voice mode and expressive avatars in the Muse app, starting in the US, letting users have real-time voice conversations with their Muse AI agent — Muse AI agent now has voices and ‘expressive’ avatars that animate while chatting with you.| Emma Roth / The Verge: |
OpenAI launches GPT-6 Cyber, which it says outperforms GPT-6 Astra on cyber benchmarks, is better at finding vulnerabilities, and is less likely to go rogue — Classified as ‘Critical,’ GPT-6 Cyber outperforms GPT-6 Astra on cyber-related benchmarks.| Djohnson / CyberScoop: |
| Elias Schisgall / Wall Street Journal: |
Cloudflare reports Q3 revenue up 39% YoY to $782.5M, above $737.2M est., a $34.1M net loss, and lifts its FY 2026 guidance; NET jumps 14%+ after hours — The connectivity cloud company upped its projections for revenue this year to around $2.96 billion — Cloudflare lifted its full-year guidance … | Business Insider: |
Sources: Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation, more than tripling its valuation from its last public round last year — AI startup Thinking Machines Lab is set to close a fresh round of funding as soon as this week.| The Information: |
Filing: Airbnb discloses that it has the option to invest in and license tech from CEO Brian Chesky's stealth AI lab; source: Chesky has self-funded it so far — Airbnb on Thursday shed new light on a secretive AI startup that founder and CEO Brian Chesky controls, saying the company … | Bloomberg: |
Cleanview: ~40% of planned data center capacity is in states where newly elected governors have pledged to pause or halt construction — A new crop of Democratic governors-elect campaigned on putting the brakes on artificial intelligence development. — Data center opposition … | Sidhartha Shukla / Bloomberg: |
Blockaid: Binance hackers stole ~$2.5B, or 40% of the $6.3B haul, in a single Ethereum transaction using wallet permissions that cost just $15 to set up — The hackers who stole $6.3 billion from Binance last week found a way to take 40% of the stolen cryptocurrency in one hit … | Manya Saini / Reuters: |
NY-based Kalepa, whose AI platform supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation — Insurance startup Kalepa said on Thursday it had raised $75 million at a $470 million valuation, as investors bet that AI solutions … | Joel Khalili / Wired: |
Potential Sciences, an AI startup building large-scale chemical data sets, secured backing from the UK's Sovereign AI Fund, as part of an eight-figure raise — Potential Sciences, a startup backed by the UK government, is betting that training AI models on computer-generated biochemical data …
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
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| Kevin Breuninger / CNBC: |
| Los Angeles Times: |
| Tom Warren / The Verge: |
| Rebecca Torrence / Bloomberg: |
| Brody Ford / Bloomberg: |
| Jonathan Stempel / Reuters: |
| Kelly Cloonan / Wall Street Journal: |
| Andrew E. Freedman / Tom's Hardware: |