OpenAI pares fundraising target, now seeking up to $20B as AI bubble fears grow
The reduced target comes as investors question the scale of AI capital spending, with OpenAI's reported valuation still near $1.25 trillion.
CNBC · +7 outlets
Big Tech buybacks fall 83% as AI capex consumes cash, Reuters reports
Microsoft, Alphabet, Amazon, Meta and Oracle returned just 9.3% of operating cash to shareholders in the first nine months of 2026, the smallest share in at lea
The Next Web · +13 outlets
Amazon Q3: AWS grows 39%, free cash flow turns negative on AI spending
Amazon's trailing 12-month free cash flow fell to minus $42.4bn as it plans even more AI infrastructure spending in 2027.
The Next Web · +14 outlets
Binance says 90% of $6.3B hack losses covered, plans to resume withdrawals
The exchange said it has restored backing for affected assets and will cover the remaining 10%, subject to security checks, after a record crypto heist.
CNBC · +8 outlets
GM to pay $220M to settle claims it sold drivers' Smart Driver data to brokers
The settlement with 35 states and Washington, D.C. requires GM to obtain drivers' express consent before collecting or sharing vehicle data.
The Next Web · +14 outlets
Nvidia CEO Jensen Huang reportedly targeted in Chinese espionage plot
A Chinese executive close to Huang is suspected of passing information to China, according to the WSJ report.
Yahoo Finance · +13 outlets
Meta builds humanoid robot prototype with China's Fourier, report says
The effort expands Meta's push into home robotics and deepens its reliance on Chinese hardware partners.
Investing.com · +8 outlets
Judge allows NAACP lawsuit over xAI Memphis data center pollution to proceed
The suit accuses the SpaceX-owned AI company of violating the Clean Air Act at its Colossus data centers and a related Mississippi power plant.
TechCrunch · +14 outlets
Google opens its own AI search battle as it faces a revolution it can't afford to lose
The company that taught the world to search now confronts AI-driven changes to its core advertising business.
MarketWatch · +12 outlets
Google is building a super app, and TikTok, Meta are following, report says
TikTok's expansion into restaurant guides and payments reflects a broader race among platforms to become all-in-one apps.
TechCrunch · +10 outlets
Nvidia forced to dial back bandwidth targets on Vera Rubin hardware
The changes will affect target specifications for memory and interconnect fabric on the next-generation AI platform.
TechRadar · +4 outlets
Google, Microsoft, OpenAI and Anthropic back single AI training opt-out
The shared robots.txt standard lets websites exclude content from generative AI training with one rule instead of many separate blocks.
The Next Web · +14 outlets
French lawmakers approve $11.2B internet traffic tax on Google, Meta and Netflix
The amendment proposes a roughly 5.5 euro cents per gigabyte levy on digital content delivered to French subscribers, projected to raise about 10 billion euros
Tom's Hardware · +3 outlets
AI is easy to fake, Theranos whistleblower Tyler Shultz warns
Shultz says investors need real due diligence on AI claims and that weak whistleblower laws make it hard to expose fraud from inside companies.
The Next Web · +6 outlets
Crypto industry pours over $200M into 2026 midterms to push favorable rules
Interest groups tied to cryptocurrency are spending millions to influence the midterms after mixed results in 2024.
CNBC · +2 outlets
Meta and xAI face new AI data center scrutiny as Hermantown approves Google project
Local approval of the Google data center comes amid growing community pushback against AI infrastructure nationwide.
MPR News
OpenAI tightens ChatGPT limits on weapons and past mass attacks
ChatGPT will withhold practical weapons information from teen accounts even when questions appear harmless, per the company's community safety report.
The Next Web · +1 outlets
EU publishers say they should not have to choose on AI training opt-out
News organizations argue the shared opt-out standard still leaves them little leverage in AI content licensing.
The Next Web