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.
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Tue 3 Nov
Uber president Jill Hazelbaker to leave for OpenAI corporate affairs role
Uber President Jill Hazelbaker is leaving the company to join OpenAI as Chief Corporate Affairs Officer, overseeing global communications and corporate positioning. Hazelbaker, who joined Uber in 2015 and was promoted to president in May, is the latest senior executive to depart Uber this year.
Fal raises $1.3bn at $16bn valuation, doubling April's valuation
AI inference startup Fal, which hosts image, video and audio models for creators and developers, has raised $1.3bn in a Series F led by Bessemer Venture Partners, with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price among the investors. The round values Fal at $16bn, double its $8bn valuation in April, and people familiar say its annualised revenue reached $800m earlier this year.
Vitalik Buterin says AI brings new security and privacy threats
Speaking at the Devcon developer conference, Ethereum founder Vitalik Buterin said AI can expose security vulnerabilities and adds new risks, arguing privacy should rest on decentralised, verifiable technology and zero-knowledge proofs. He also urged firms not to collect unnecessary personal data and questioned hardware wallet security.
Changpeng Zhao says AI can serve as a security tool for financial institutions
Changpeng Zhao, the Binance founder known as CZ, said he is optimistic about artificial intelligence as a security tool and that financial institutions should adopt it against increasingly sophisticated threats.
Coinbase launches Coinbase for Agents to let agents trade and pay
Brian Armstrong says Coinbase has launched Coinbase for Agents, which lets users connect an agent to their account to trade and make payments on their behalf, with limits and controls in place.
Binance to boost AI security detection after wallet hijacking
Binance plans to increase investment in AI security detection after a wallet hijacking linked to a misused internal AI tool.
Previous related news
- He Yi says Binance blocked 57 suspected North Korea-linked attacks in 2026
- Binance says hackers used fake job interviews to breach staff and steal crypto
- South Korea's FSC weighs raising exchange cold wallet custody to about 99%
Binance says it is preparing a security research fund
Binance said it is working with AI companies, industry participants and security agencies to prepare a security research fund running programmes focused on AI security in blockchain environments.
AI stocks gain at US open as Tempus AI rises 5.21%
At the US open the Dow fell 0.35%, the S&P 500 rose 0.16% and the Nasdaq gained 0.42%, with AI-related shares higher: Tempus AI up 5.21%, Astera Labs 4.25%, Micron 3.13%, KLA 2.81% and onsemi 2.59%.
ByteDance's Seedance draws half its revenue overseas as Tencent ranks in top three customers
Overseas revenue from ByteDance's Seedance video generation model has reached 50% of the total and grew nearly fivefold in six months, sources close to Volcano Engine said. Tencent is among Seedance's top three customers in China by token use and revenue, with Bilibili in the top ten.
Zhao Changpeng says Binance and crypto industry underinvest in security
After the theft of about $6.3bn from Binance, founder Zhao Changpeng told Talking Tokens he no longer runs the exchange directly and focused on informing the community. He said Binance and the wider industry underinvest in security, that AI could speed up attacks, and that the sector should work with AI firms and form a security alliance.
Previous related news
- CZ says crypto industry discussing security alliance and wants US government help on hacks
- CZ says withdrawals may persist after Binance attack but some funds are returning
- CZ says Binance's swift response to attack kept user trust firm
Goldman Sachs says data centre investment could reach $8.5tn over five years
Goldman Sachs raised its 2030 global data centre capacity forecast to 273GW from 217GW, up from about 103GW in 2025, implying roughly $8.5tn of capital spending over five years at $50bn per GW. It lifted its 2030 US forecast to 152GW from 125GW.
Harvard physicist Xi Yin says he is leaving OpenAI
Xi Yin, a Harvard physics professor, said on X that the day of his post was his last at OpenAI and that he will move in a new direction, without saying where. He joined OpenAI from academia in late May.
CZ says hack frequency will rise and the industry must use more AI in defence
Binance founder CZ said in an interview that the frequency and speed of hacks are expected to rise as attackers make more use of AI, noting four crypto trading platforms were hit by different attacks the previous day. He said the industry needs to use AI more to strengthen its defences.
Standard Chartered's Winters says AI shift stirs fear among staff
Standard Chartered chief executive Bill Winters told a Hong Kong Monetary Authority summit on 3 November that AI's evolution is causing a "fear factor" among employees. He said the bank has cut about 25,000 roles through automation and replaced them with others.
Fujian's first token factory Min Du Rui Ci launches in Minqing
Min Du Rui Ci, Fujian's first full-service token factory, has launched in Minqing county, selling tokens at set prices and metered billing. It connects 14 domestic AI models, including DeepSeek and Kimi, and schedules computing clusters across four locations.
China says it does not know details of Nvidia partner service requirement
China's foreign ministry spokesperson Mao Ning said she did not know the specifics of a reported Nvidia requirement that some data centre partners give at least 51% of their services to non-Chinese firms. She said cooperation should follow fair, transparent and non-discriminatory principles.
Bitget to open Anthropic IPO subscription via USDT and USDGO
Bitget's IPO Prime will offer an Anthropic IPO subscription channel, accepting USDT or USDGO and delivering rANT tokens that mirror the economic returns of ANT shares. Anthropic filed publicly for a Nasdaq listing on 26 Oct 2026 under the ticker ANT, with market expectations of a $1.5tn-$1.75tn valuation.
Yao Shunyu denies founding AI startup, says he is still at Google DeepMind
Google DeepMind senior research scientist Yao Shunyu denied reports he is building a recursive self-improvement AI startup valued at $2bn, saying he has not founded a company. He had also said on 12 October that he had no plans to raise funds in China.
DeepSeek says it is investigating chat outage
DeepSeek's chat function was unavailable on 3 November, showing a server-busy message, and its status page reported partial outages of its website and API from 16:58. Affected services include chat, the DeepSeek V4 Pro API and the DeepSeek V4.1 Flash API, and the company says it is investigating.
PLTR falls 10.7% in 24 hours to $166.66
PLTR dropped 10.7% over 24 hours and was trading at $166.66, according to MSX.COM data.
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