OpenAI nears up to $30B raise at $1.25T valuation, led by UAE investors, ahead of 2027 IPO
The round would make OpenAI the most highly valued private company ever and serves as a bridge to its planned IPO.
TechCrunch · +5 outlets
Meta stock slides over 7% as AI spending pushes free cash flow negative; credit risk hits record
Investors are punishing Meta's heavy AI infrastructure outlays, driving its five-year credit default swap prices to all-time highs.
CNBC · +14 outlets
Apple iPhone Duo foldable sales begin, selling out instantly with backorders into December
Apple is betting its first foldable can reshape the category as early buyers in Australia and New Zealand receive devices.
MacRumors · +14 outlets
Zuckerberg wins Meta deal to help him pay California billionaire tax and stay in state
Meta engineered a new nonvoting stock class and clarified Zuckerberg's plans, adding fuel to the wealth tax debate before the midterms.
BBC · +12 outlets
Microsoft says its AI diagnostic tool beats doctors on hard cases, plans Boston hospital testing
A Science study found the system outperformed generalist doctors, though most gains appear to come from underlying models.
TechCrunch · +6 outlets
Third-party evaluators find flaws in OpenAI's AI monitoring system during pilot review
The findings undercut OpenAI's pledge to grant independent evaluators employee-like access amid mounting safety concerns.
CNBC · +13 outlets
Canva launches its first in-house image generation model, Canva Craft
The two-stage model plans designs before generating them and competes directly with OpenAI, Microsoft and Google offerings.
TechCrunch · +14 outlets
Rhode Island sues Meta over alleged tolerance for scam advertising
Rhode Island is the first state to sue Meta on these allegations, escalating regulatory pressure over ad practices.
Engadget · +10 outlets
Amazon cancels Loudoun County data center plan, donates land, as it revises build approach
Amazon is changing how it builds data centers amid growing local pushback over power and land use.
The Washington Post · +3 outlets
FCC begins blocking gadgets containing foreign surveillance chips
The agency is exercising a new power to block devices over national security concerns for the first time.
The Verge · +4 outlets
Palmer Luckey and Ben Lamm's Warhound emerges with $200M to genetically engineer military dogs
The startup aims to create elite working dogs equipped with Anduril gear and advanced body armor for military and law enforcement.
TechCrunch · +1 outlets
Human receives AI-designed virus for the first time, targeting antibiotic-resistant bacteria
The treatment was designed to kill the resistant bacteria causing the patient's infection, not the patient.
The Register · +14 outlets
1Password launches way for AI agents to log in for users without seeing passwords
The platform gives agents like Muse, Dots and Grok Bot credential access while keeping logins hidden from the AI.
TechCrunch · +14 outlets
Global PC shipments drop over 20% in Q3 amid RAM price hikes
Counterpoint Research data shows demand fell 21 percent year over year, with Apple's MacBook Neo cushioning its own decline.
The Verge · +14 outlets
GitLab max-severity bug allows remote code execution across 12 years of releases
The vendor strongly recommends upgrading to a fixed version as soon as possible.
The Register · +6 outlets
Arc browser sunsets December 22 as The Browser Company doubles down on Dia
The beloved but niche browser ends its run as the company pivots to an AI-centric replacement.
TechCrunch · +3 outlets
Spotify confirms it is cracking down on Family plan sharing with QR code verification
The co-CEO said the company is trying to catch Family plan users who do not actually live together.
Engadget · +1 outlets
Mass Effect 5 trailer leaks following BioWare shutdown
A TV series remains in development even as EA reportedly closes BioWare and sheds hundreds of jobs.
Engadget · +1 outlets