01
Bloomberg Technology ↗
OpenAI told investors its annualized revenue was nearing $50 billion at the end of September, well below the $70 billion figure that several outlets had reported. The gap comes from accounting: Anthropic counts sales made through cloud partners like AWS and Google Cloud, while OpenAI does not. OpenAI says revenue grew more than 70%, but shares of Nvidia, Oracle and CoreWeave fell after the report.
02
Axios ↗
Anthropic launched a Critical Infrastructure Defense Program that gives security providers its frontier Claude models, on-site engineers and threat research to protect power grids, water utilities, factories and transport networks. Its 11 founding partners include Accenture, CrowdStrike, Deloitte and Palo Alto Networks. It also released OSS Scanner, a free opt-in service that scans open-source projects and sends bug reports with exploits and patches.
03
TechCrunch AI ↗
Google is turning Gemini into an agent that plans and carries out work across Google Workspace, Microsoft 365, Slack, Jira, Snowflake and other business systems. It can delegate to subagents, choose among models including Anthropic's Claude, and gets its own workplace identity with an email address and an audit trail. Google is launching with enterprises such as BNP Paribas, Merck and Ulta Beauty before expanding to consumers.
04
CNBC Technology ↗
Butterfly Effect, the parent of AI agent startup Manus, raised more than $500 million in its first funding round since Beijing ordered Meta to unwind its roughly $2 billion acquisition in April. Boyu Capital and IDG Capital led the round, with existing backers including Tencent taking part. Manus did not disclose its valuation, but Bloomberg previously reported the round would double it to about $4 billion.
05
BBC Technology ↗
Samsung forecast third-quarter operating profit of 107.4 trillion won, about $80 billion, the first time any tech company has topped 100 trillion won in a single quarter. Profit jumped roughly 780% from a year earlier on revenue of about 195 trillion won, driven by demand for AI memory chips such as HBM4 sold to Nvidia. It is Samsung's fourth straight record quarter, as buyers lock in multiyear memory supply deals.
06
TechCrunch AI ↗
Arena, the startup behind the popular AI model leaderboard, raised $200 million led by Lightspeed and Khosla Ventures at a $3.1 billion valuation, up from $1.7 billion in January. Its annualized revenue climbed from $30 million in January to $100 million by June. Arena also launched an alignment leaderboard that scores models on unauthorized actions, false attribution and falsely claiming tasks are done, with OpenAI models leading so far.
07
Bloomberg Technology ↗
Union Square Ventures raised $900 million, including a $500 million early-stage fund, nearly double the $275 million it raised in 2024 and the largest cycle in its 23-year history. The firm cut its active general partnership to four investors, with Fred Wilson and three others leading while longtime partners move to advisory roles. Its new themes are AI applications, physical intelligence data, consumer and enterprise intelligence, and energy.
08
TechMeme ↗
AI hardware startup Natura unveiled Interface, a $99 smart ring that lets users summon AI agents such as Claude, ChatGPT, Meta's Muse and Grok Bot with a press of a finger. The ring also tracks heart rate, sleep and skin temperature, records meetings and controls smart home devices, with 6 to 12 days of battery life. Preorders open in November and shipping starts in December or January, with a $9 monthly subscription after a free trial.
09
Financial Times Tech ↗
China is building data centres at breakneck speed across its energy-rich hinterland, turning cheap power and land into an edge in the AI race. Ulanqab in Inner Mongolia has 89 data centres built or planned and about 15GW of committed capacity, with data service electricity use up 85% in the first half of 2026. China has 24GW of operating capacity, under half the US's 56GW, with a further 50GW under construction or announced.
10
TechRepublic ↗
The Monetary Authority of Singapore issued AI risk management guidelines saying banks, insurers and payment firms remain accountable for AI in their services, even when outside vendors build or run it. Institutions must get assurances from providers, keep inventories of their AI use and apply controls on data, testing, human oversight and monitoring. Firms should restrict or replace tools whose risks cannot be managed, with phased deadlines in October 2027 and 2028.