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NewsFeeds: AI
AI industry news: new models, chips, labs, funding rounds and rules, and where AI meets crypto, rewritten by AI in our own words, credited and linked.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
Breaking news and our own Originals on your phone or desktop, the moment they are out. A few alerts a day at most.
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Tue 3 Nov
Wang Xingxing says Unitree will focus on robot brains and seek global partners
Unitree founder Wang Xingxing said at the World Internet Conference Wuzhen summit that the company will focus on robot brain technology and seek partners worldwide, backing physical AI. Unitree traded at 630.05 yuan, down 4.85%.
Palantir's Alex Karp says AI risk lies with developers, not the technology
In a shareholder letter, Palantir chief executive Alex Karp said the real alignment problem is making AI developers' goals match customers' interests and the public good, not aligning the technology itself with humans.
AI
ChainCatcherAINeutral
Investors tell Anthropic IPO valuation should be $1.5tn-$1.6tn after tech selloff
Institutional investors planning to join Anthropic's IPO have told the company and its advisers the valuation should be $1.5tn-$1.6tn, below the nearly $2tn previously discussed, after last week's tech selloff. Anthropic has not fixed its valuation target or share-sale size.
Ornn in talks on third tranche of Series A at valuation above $1bn
Compute trading platform Ornn is negotiating a third tranche of its Series A that could value it above $1bn, after a second tranche at $800m and a $33m seed round led by a16z crypto in June. Ornn builds financial infrastructure for AI compute.
AI
Mon 2 Nov
Ondo Finance opens OpenAI-linked notes to clients outside US
Ondo Finance has opened subscriptions for OpenAI Private Market Notes, a tokenised product giving exposure to OpenAI's pre-IPO economic performance, to eligible Private Client customers outside the US. Subscriptions close on 17 Nov.
Omen AI to buy Aquatic Labs for $16m to combine coolant sensors
Data centre coolant monitoring startup Omen AI is acquiring rival Aquatic Labs for $16m in cash and stock, planning a combined sensor for water elements and alkalinity expected early next year. Aquatic Labs CEO Allan Adams becomes Omen's chief scientific officer.
Pantera's Veradittakit says AI agents are reshaping SaaS and crypto payments
Pantera Capital managing partner Paul Veradittakit argues that software is becoming the customer as AI agents begin to spend money themselves. He says this shift is reworking SaaS business models and crypto payment rails built around human buyers.
AI
Yi Lihua says market has weathered black swan and AI is far from a bubble
Liquid Capital founder Yi Lihua said the market has withstood a short-term black swan event and that AI demand is real, with the sector far from a large bubble despite a normal cooling-off period.
US chip stocks rise, with Nvidia up 1.5%
US chip stocks gained, with Nvidia up 1.5%, SK Hynix up 3.3%, Texas Instruments up 1.9% and Qualcomm up 2.6%, per MSX.COM data. Tempus AI rose 6.2% after unexpectedly posting a third-quarter profit.
Anthropic reports $17bn third-quarter revenue, up 1,127% year on year
Anthropic reported third-quarter 2026 revenue of $17bn, up 1,127% year on year, with an operating loss of $567m and adjusted operating income of $2.5bn at a 15% adjusted margin. It disclosed about $895bn in purchase and lease commitments as of 30 September and since.
AI
Anthropic holds $95.6bn in cash as of 30 September
Anthropic held $95.6bn in cash as of 30 September.
AI stocks rise at US open, with TSMC up 2.03%
US stocks opened higher, with the Dow up 0.7%, the S&P 500 up 0.43% and the Nasdaq up 0.65%, while AI-linked names gained, including TSMC at 2.03% and Nvidia at 1.81%, per MSX.COM data.
Anthropic posts $16.9bn third-quarter revenue and $23.3bn net loss
Anthropic reported third-quarter revenue of $16.9bn and a net loss of $23.3bn, against a $12.1bn loss a year earlier. Revenue for the first nine months was $33.2bn, and remaining performance obligations stood at $13.8bn as of 30 September.
Sequoia's Shaun Maguire says SpaceX is on the eve of Nvidia-style growth
Sequoia Capital partner Shaun Maguire said in a post on X that SpaceX is on the eve of revenue growth comparable to Nvidia's over the past three years, and that most investors underestimate it. He cited talent density, SpaceX's low-cost position in AI computing infrastructure and Starship's moat.
Previous related news
- Musk is gradually turning SpaceX's AI business into renting compute to Anthropic and Google…
- SpaceX agrees GPU equipment lease with Apollo worth $40bn in principal
- Musk says SpaceX has completed $40bn GPU debt financing
AI
Goldman Sachs restricts advanced AI coding tools to engineers
Goldman Sachs has limited most employees' access to advanced AI coding tools such as Anthropic's Claude Code and Microsoft's GitHub to engineers under October internal guidance, reportedly upsetting some traders. Staff known as Strats are exempt.
Li Jiaqi livestream sells 100,000 Qwen Office monthly cards in half an hour
Qwen Office sold 100,000 personal monthly membership cards, about 2tn tokens in total, in half an hour on Li Jiaqi's livestream on 2 Nov, Yicai reported. Qwen Office CEO Chen Yusen appeared on the stream to describe everyday AI office uses.
Previous related news
See all 2 updates on Li Jiaqi Qwen Office token livestreamHassett says AI is a well-funded ecosystem
White House National Economic Council director Hassett said artificial intelligence is a "very well-funded ecosystem" with plenty of capital, and that people should feel reassured.
Lumentum turns lower premarket, falling 3.6% on Marvell takeover deal
Lumentum turned lower in premarket trading, falling as much as 3.6% to $819.36, as Marvell Technology agreed to buy it in an all-stock deal valued at $115bn, a bet on AI data centres.
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