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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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Yesterday
Anthropic still plans IPO before Thanksgiving at up to $1.75tn valuation
Anthropic still plans to hold its IPO before US Thanksgiving, aiming to raise $80bn-$100bn at a valuation of $1.25tn-$1.75tn, with a central expectation of about $1.5tn. Third-quarter revenue rose nearly 50% to about $17bn, with annualised revenue near $81bn.
Previous related news
- HSBC's Max Kettner says Anthropic IPO may matter more than US midterms
- Investors said to discuss Anthropic IPO valuation of $1.2tn-$1.3tn
- Serenity says Anthropic's annualised revenue passed $80bn in October
AI
ChainCatcherAINeutral
Democrats plan probes into Apple, Meta and Musk after winning Congress
After winning majorities in both chambers, Democrats are setting investigation priorities including Trump's use of Musk's Grok chatbot in planning a military operation to seize Venezuela's Maduro, plus Apple over ICE tracking apps and Meta over local data-centre deals.
Previous related news
- Maxine Waters says US needs strict, fair crypto rules
- Waters calls for law to stop Trump's crypto conflicts of interest
- US Democrats to target Apple, Meta and Musk firms in probes
AI
AI stocks rise as Nasdaq gains 1.09% and AMD jumps 11.04%
US stocks closed mixed, with the Dow down 0.46%, the S&P 500 up 0.31% and the Nasdaq up 1.09%, while the VIX fell 9.01%. AI-related shares gained, led by AMD at 11.04%, AeroVironment at 10.46% and Tempus AI at 7.98%, per MSX.COM data.
OpenAI says it will keep investing in data centres as focus turns to Samsung and SK Hynix
OpenAI says it will keep investing in data centres, with attention turning to a rebound at Samsung and SK Hynix.
AI
BloomingbitAINeutral
Fri 6 Nov
OpenAI says it has closed a $11bn funding round at a $1.25tn valuation
OpenAI has completed a new $11bn funding round at a valuation of $1.25tn, according to market reports.
Previous related news
- OpenAI CFO Sarah Friar says data centre plans will not change after midterms
- OpenAI finance chief confirms funding talks at valuation up nearly 50%
- OpenAI signs UAE deals on energy, investment and government technology deployment
AI
Abdulrahman Alfozan pleads not guilty to planting listening device at OpenAI office
Abdulrahman Alfozan, a 35-year-old Saudi national, pleaded not guilty in San Francisco federal court to one count of intercepting oral communications at OpenAI's headquarters. He was indicted on 27 Oct and faces up to five years in prison if convicted.
Microsoft said to be ending Oracle AI compute lease deal
Bloomberg reported that Microsoft is winding down its agreement to lease AI computing from Oracle, whose older-generation Nvidia chips no longer meet its specifications. An Oracle spokesperson said demand for its AI infrastructure remains strong; Microsoft declined to comment.
Zhipu falls 9.7% in 24 hours to $54.09
Zhipu dropped 9.7% over 24 hours and was trading at $54.09, according to market data.
Hassett says an AI bubble is a genuine concern
White House National Economic Council director Kevin Hassett said an artificial-intelligence bubble is indeed a cause for concern.
Previous related news
See all 2 updates on Hassett comments on AI bubble riskHassett says data centres still have ample room to grow
Kevin Hassett, director of the US National Economic Council, said data centres still have ample room to grow, and that Donald Trump respects places that do not want data centres built.
TSMC weighs making 3D DRAM at Nvidia's request, shares rise 7.5% premarket
TSMC is considering producing advanced memory chips, including 3D DRAM, at Nvidia's request, and its shares rose 7.5% in premarket trading.
Trump says he 100% backs superintelligence as president
US President Trump said he fully supports "superintelligence" and will work with states that want to get rich from it, calling them "gold mines" and saying only foolish leaders would refuse the wealth.
Singapore chip startup Symatics unveils MPU aimed at cutting inference latency
Singapore-based semiconductor startup Symatics has unveiled a Morphic Processing Unit architecture at the 2026 Business and Philanthropy Forum, designed to speed up AI responses by cutting data transfers between memory and compute units. The company plans open-architecture licensing deals with Singapore research institutions and industry partners; the MPU is still in development and no funding, prototype or tape-out details were disclosed.
AI
Ansem says Micron and some AI stocks may be oversold
Crypto trader Ansem said Micron, down about 34% in a week, and some AI-linked stocks may be near a short-term rebound, though he remains cautious afterwards. He expects a bounce towards prior support to offer a chance to cut risk before a longer consolidation.
George Noble says Nvidia is repeating Cisco's dot-com trap
George Noble, a former Fidelity investment fund manager, says Nvidia is heading down the same path as Cisco in the dot-com bust by backing customers who buy its AI hardware. He says Nvidia's roughly 8% weight in the S&P 500 is twice Cisco's share at the 2000 peak.
Odaily
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