OpenAI slashes funding target by $10B as tech anxieties mount
OpenAI is reportedly cutting the size and valuation of its latest fundraising round amid a broad selloff in tech and AI-related stocks.
Reuters · +3 outlets
Tech stocks slump as Intel and Amazon earnings spark fresh AI selling
Disappointing earnings and mounting concern over AI capital spending pushed the Nasdaq to its worst month since 2025.
BBC · +14 outlets
S&P cuts Meta's credit outlook to negative on AI spending and cash flow worries
S&P Global Ratings revised Meta's AA- outlook to negative, citing heavy AI capital expenditures and rising leverage, which Meta disputes.
The Next Web · +14 outlets
Apple Intelligence to launch in China with iOS 27.3 in December
Apple confirmed the first Apple Intelligence features in China will arrive with iOS 27.3, using Alibaba's Qwen model, with a developer beta starting next week.
The Verge · +14 outlets
Google reports over $1 trillion in AI commitments as investors grow wary
Big Tech's cumulative AI infrastructure commitments now exceed $3 trillion, with Alphabet accounting for more than $1 trillion.
The Next Web · +12 outlets
Apple overtakes Nvidia as world's most valuable company amid tech selloff
Apple reclaimed the top market-cap spot as Nvidia shares slid during a broad retreat in AI-linked stocks.
Yahoo Finance · +14 outlets
Sam Altman meets Samsung executives as memory chip crunch deepens
OpenAI's CEO discussed AI strategy with Samsung leadership amid a widening shortage of memory and compute components.
Bloomberg · +3 outlets
OpenAI, Google, Microsoft and Anthropic back new standard to opt out of AI scraping
The companies said they will adopt a common control letting publishers signal whether their content may be used for AI training.
The Verge · +14 outlets
Malicious Claude Code extension backdoored developer machines in supply chain attack
A tainted Anthropic Claude extension distributed via Cursor and VS Code exposed thousands of developer systems to a persistent SSH backdoor.
WIRED · +14 outlets
House Democrats criticize Justice Department backing of OpenAI in copyright suit
A Cate Blanchett-backed coalition of artists filed a brief in the New York Times-OpenAI copyright case as lawmakers attacked DOJ's position.
The New York Times · +2 outlets
Apple alerts stores to iPhone Duo display cracking issue
Apple issued service guidance for the iPhone Duo's inner display cracking, and said it will replace affected units.
MacRumors · +14 outlets
Meta settles teen social media addiction case before trial
Meta settled with a second plaintiff in a case alleging social media caused depression and eating disorders, leaving Snap as the sole defendant.
Engadget · +13 outlets
Reddit stock plunges 29% on weak outlook and login-wall test
Reddit recorded its worst trading day after soft Q4 sales guidance and plans to require logins to view content.
CNBC · +6 outlets
Intel stock has worst day since the 1970s, cutting $12B from government stake
Intel's gloomy PC outlook erased about $1 trillion in semiconductor market cap in a single day, though Apple was largely spared.
CNBC · +7 outlets
Amazon sets up $80B supplier financing facility against AI hardware
Amazon's facility, usable in 2027-2028, comes as its free cash outflow reached $42.4B in the year to September.
The Next Web · +9 outlets
Nvidia weighs cosigning loan for Nscale's West Virginia AI data center
Nvidia may back the financing for the AI data center as investors grow more cautious about AI infrastructure spending.
TechCrunch · +2 outlets
Google's satellite AI server transmits first response to Earth
Google booted TPUs on its Project Suncatcher satellite, letting an on-board Gemma model respond to prompts from space.
The Verge · +1 outlets
Pope Leo XIV says AIs are not conscious, urges ban on autonomous weapons
The pope pushed back on claims that AI systems have consciousness and called for limits on autonomous weapons.
Gizmodo