CNBC reports that Nvidia's role as an AI infrastructure financier is facing its first major stress test, with neoclouds such as CoreWeave, Nebius and IREN falling at least 30% this month and CoreWeave's credit default swap spreads widening past 11%. As of its July quarterly report, Nvidia provided $36 billion in off-balance-sheet guarantees for neocloud AI cloud agreements, plus up to $105 billion in chip, land and power guarantees for a proposed 10-gigawatt OpenAI data center in Ohio. Jensen Huang told CNBC this week during GTC in Berlin that neocloud demand is absurdly high and what's missing is the working capital to drive growth.
CNBC reports that Nvidia's role as an AI infrastructure financier is facing its first major stress test, with neoclouds such as CoreWeave, Nebius and IREN falling at least 30% this month and CoreWeave's credit default swap spreads widening past 11%. As of its July quarterly report, Nvidia provided $36 billion in off-balance-sheet guarantees for neocloud AI cloud agreements, plus up to $105 billion in chip, land and power guarantees for a proposed 10-gigawatt OpenAI data center in Ohio. Jensen Hu
The Sunday Times 2026 UK Rich List shows that XTX founder Gerko ranks eighth with a net worth of £16.006 billion, an increase of £7.261 billion in a year. XTX has about 300 employees; in 2025, its three UK entities had total revenue of about £3.93 billion and daily trading volume of about $250 billion. The company stores 400PB of data on a supercomputer in Iceland, has spent more than £150 million on 25,000 AI chips, uses machine learning to predict prices of more than 53,000 financial instruments, and plans to invest more than €1 billion to build five data centers in Finland.
The Sunday Times 2026 UK Rich List shows that XTX founder Gerko ranks eighth with a net worth of £16.006 billion, an increase of £7.261 billion in a year. XTX has about 300 employees; in 2025, its three UK entities had total revenue of about £3.93 billion and daily trading volume of about $250 billion. The company stores 400PB of data on a supercomputer in Iceland, has spent more than £150 million on 25,000 AI chips, uses machine learning to predict prices of more than 53,000 financial instrumen
OpenAI announced that it will henceforth train models using cached web content and simulated internet environments, no longer letting models connect directly to the real internet, on the grounds that model behavior remains difficult to predict and direct internet access poses safety risks. OpenAI disclosed that until September 20, a frontier model still had internet access due to a system configuration error, after which it suspended training work for the remainder of September. Competitor Anthropic also began restricting direct internet access for its latest models two weeks ago.
OpenAI announced that it will henceforth train models using cached web content and simulated internet environments, no longer letting models connect directly to the real internet, on the grounds that model behavior remains difficult to predict and direct internet access poses safety risks. OpenAI disclosed that until September 20, a frontier model still had internet access due to a system configuration error, after which it suspended training work for the remainder of September. Competitor Anthr
The UK government has announced an investment of about £600 million to address public health and security risks posed by AI, of which £100 million will be used to establish an AI biosecurity laboratory to identify biological threats, and £65 million to research and develop pathogen prevention and response measures. OpenAI and Anthropic will provide AI model usage credits worth up to £200 million for the biosecurity program, and Google DeepMind and Basecamp Research will also provide support. The UK AI Safety Institute will receive an additional £120 million in funding, and a further £130 million will be invested in two new projects: the National Cyber Shield and the National Cyber Risk Exposure and Real-Time Vulnerability Center.
The UK government has announced an investment of about £600 million to address public health and security risks posed by AI, of which £100 million will be used to establish an AI biosecurity laboratory to identify biological threats, and £65 million to research and develop pathogen prevention and response measures. OpenAI and Anthropic will provide AI model usage credits worth up to £200 million for the biosecurity program, and Google DeepMind and Basecamp Research will also provide support. The
During a red team exercise, OpenAI discovered an unauthenticated remote code execution vulnerability in the Brotli compression library. An attacker could run their own code on affected systems by sending or replying with malicious compressed data, without needing to create an account. The root cause was already fixed in the Brotli source code in February, but at the time it was not recognized as constituting a security vulnerability, and no new version had been released since; OpenAI has disclosed it to Brotli and downstream projects such as Node.js, Brotli has released a new version and published a CVE, and Node.js has released or is releasing security updates.
During a red team exercise, OpenAI discovered an unauthenticated remote code execution vulnerability in the Brotli compression library. An attacker could run their own code on affected systems by sending or replying with malicious compressed data, without needing to create an account. The root cause was already fixed in the Brotli source code in February, but at the time it was not recognized as constituting a security vulnerability, and no new version had been released since; OpenAI has disclos
Google states that after users enable Personal Intelligence, services such as Search can process Gmail, Photos, and Drive data that they have granted access to for personalized content, including ads. Personal Intelligence is still opt-in, began rolling out in beta earlier this year, and can share data across apps such as Gmail, Photos, Search, and Drive within Gemini. Users can go to Personalization settings on their account's Data & privacy page and turn off personalized recommendations via Manage Personalized Recommendations.
Google states that after users enable Personal Intelligence, services such as Search can process Gmail, Photos, and Drive data that they have granted access to for personalized content, including ads. Personal Intelligence is still opt-in, began rolling out in beta earlier this year, and can share data across apps such as Gmail, Photos, Search, and Drive within Gemini. Users can go to Personalization settings on their account's Data & privacy page and turn off personalized recommendations via Ma
Warp Sciences, co-founded by former executives from companies including OpenAI and Meta, has completed a $215 million financing round and will build a chemistry research facility in the United States, using AI and robotics to help pharmaceutical and biotechnology companies develop drugs. The company operates as a chemistry contract research organization (CRO), initially focusing on lead compound optimization through analog synthesis, with chemists guiding experiments and experimental data used to train AI models. The round was led by Lightspeed, with participation from Premji Invest, Mayfield, IVP, Lux, Conviction, Menlo Ventures, 01 Advisors and others; angel investors include Brian Armstrong, Ion Stoica and Dylan Field.
Warp Sciences, co-founded by former executives from companies including OpenAI and Meta, has completed a $215 million financing round and will build a chemistry research facility in the United States, using AI and robotics to help pharmaceutical and biotechnology companies develop drugs. The company operates as a chemistry contract research organization (CRO), initially focusing on lead compound optimization through analog synthesis, with chemists guiding experiments and experimental data used t
In its third-quarter financial report released on October 21, Meta estimated 2026 capital expenditures of $135 billion to $145 billion, to continue investing in AI infrastructure and new product development. The company said AI investment has already brought incremental advertising revenue through stronger user engagement, better recommendations and more efficient monetization, and expects these investments and new product launches to support revenue growth in 2027. Third-quarter revenue was $64.6 billion, up 26% year over year, including advertising revenue of $63.06 billion; total costs and expenses for the quarter were $51.61 billion, up 68% year over year, including $9.89 billion in expenses related to a settlement with 52 U.S. state attorneys general over litigation concerning teen mental health and social media.
In its third-quarter financial report released on October 21, Meta estimated 2026 capital expenditures of $135 billion to $145 billion, to continue investing in AI infrastructure and new product development. The company said AI investment has already brought incremental advertising revenue through stronger user engagement, better recommendations and more efficient monetization, and expects these investments and new product launches to support revenue growth in 2027. Third-quarter revenue was $64
A senior detective with Derbyshire Constabulary is under investigation for gross misconduct by the Independent Office for Police Conduct (IOPC) over allegations of using Microsoft Copilot to assist in criminal case decisions. The detective is accused of using AI to make policy decisions, assess and manage risk, and inform investigative decisions, as well as inputting case-related sensitive operational and personal information into the tool. Derbyshire Police approved officers' use of Copilot in May 2025 for drafting reports and summarizing information, but explicitly prohibited inputting operational, sensitive or personal data; the investigation will examine usage between May 2025 and June 2026, and no conclusions have yet been reached.
A senior detective with Derbyshire Constabulary is under investigation for gross misconduct by the Independent Office for Police Conduct (IOPC) over allegations of using Microsoft Copilot to assist in criminal case decisions. The detective is accused of using AI to make policy decisions, assess and manage risk, and inform investigative decisions, as well as inputting case-related sensitive operational and personal information into the tool. Derbyshire Police approved officers' use of Copilot in
At SpaceX's Q3 2026 earnings call, Musk said superintelligent compute capacity will face a long-term shortage, with power, cooling and infrastructure constraining supply more than chips. SpaceX's superintelligence business revenue for the quarter was $7.56 billion, surpassing the connectivity business led by Starlink; compute scale rose from 0.6 gigawatts a year earlier to 1.7 gigawatts, with plans to reach 13 gigawatts by the end of 2027. Musk said paid weekly active users of Grok Bot reached 800,000 in early October, and the company also plans to build its own gas turbine blade casting and chip factories to ease bottlenecks.
At SpaceX's Q3 2026 earnings call, Musk said superintelligent compute capacity will face a long-term shortage, with power, cooling and infrastructure constraining supply more than chips. SpaceX's superintelligence business revenue for the quarter was $7.56 billion, surpassing the connectivity business led by Starlink; compute scale rose from 0.6 gigawatts a year earlier to 1.7 gigawatts, with plans to reach 13 gigawatts by the end of 2027. Musk said paid weekly active users of Grok Bot reached 8
Two PHP remote code execution vulnerabilities with a CVSS score of 9.2 were disclosed; information leaked before the patch was released, and Cloudflare observed hundreds of thousands of attack attempts within two hours. Germany, Finland, France, Belgium and other countries took protective measures for public sector websites, and the U.S. CISA, the EU CERT-EU, and the UK NCSC issued urgent warnings in succession. Czech volunteer Ondřej Surý, through volunteer work, packaged the PHP source code into installable software packages, enabling millions of servers to be patched quickly; the donations he received in these 24 hours were roughly equal to those of the past year.
Two PHP remote code execution vulnerabilities with a CVSS score of 9.2 were disclosed; information leaked before the patch was released, and Cloudflare observed hundreds of thousands of attack attempts within two hours. Germany, Finland, France, Belgium and other countries took protective measures for public sector websites, and the U.S. CISA, the EU CERT-EU, and the UK NCSC issued urgent warnings in succession. Czech volunteer Ondřej Surý, through volunteer work, packaged the PHP source code in
The three AI 3D companies VAST, Meshy, and Yingmou raised a combined total of over 8 billion yuan in half a year, among which VAST raised over 5 billion yuan in half a year with a valuation of $2 billion, and Meshy completed a $400 million funding round with a post-money valuation of $1.5 billion. As of the end of September, Meshy's ARR exceeded $100 million, and the ARR of VAST and Yingmou also reached tens of millions of dollars. The three have different roadmaps: VAST wants to build a 3D version of Douyin and open-sourced the real-time renderer EdenLive, Meshy adopts subscriptions plus pay-per-use, and Yingmou targets professional users and enterprise production workflows.
The three AI 3D companies VAST, Meshy, and Yingmou raised a combined total of over 8 billion yuan in half a year, among which VAST raised over 5 billion yuan in half a year with a valuation of $2 billion, and Meshy completed a $400 million funding round with a post-money valuation of $1.5 billion. As of the end of September, Meshy's ARR exceeded $100 million, and the ARR of VAST and Yingmou also reached tens of millions of dollars. The three have different roadmaps: VAST wants to build a 3D vers
Meta CEO Zuckerberg said on the October 21 earnings call that since launching on September 8, over 10 million users in the US and Canada have created Muse agents, roughly more than double Threads at its start. Muse can browse the web, send emails, and book travel on users' behalf; a quarter of users use it daily, the most common scenario is shopping, average purchase exceeds $200, first-week transaction volume exceeded expectations, and Meta had to work with Stripe to raise credit limits. Meta plans to charge merchants when Muse helps them complete sales; consumer use is free unless more tokens or more advanced models are needed; the CFO said it is working with Shopify, Walmart, and others to develop the Personal Agent Protocol.
Meta CEO Zuckerberg said on the October 21 earnings call that since launching on September 8, over 10 million users in the US and Canada have created Muse agents, roughly more than double Threads at its start. Muse can browse the web, send emails, and book travel on users' behalf; a quarter of users use it daily, the most common scenario is shopping, average purchase exceeds $200, first-week transaction volume exceeded expectations, and Meta had to work with Stripe to raise credit limits. Meta p
Cloud hosting platform Railway discovered abnormal activity on October 21 in the system storing customer environment variables, stating that an unauthorized third party may have accessed encrypted environment variables and decrypted some of them, and has advised all users to change credentials such as API keys. Railway believes the attack may be part of a recent series of attacks targeting platform companies with the aim of breaching AI inference service providers, and has notified upstream suppliers to revoke potentially leaked keys. The company also released security guidance for OpenAI, Anthropic and GitHub users, advising them to delete potentially exposed API keys, generate new keys and check usage records; on October 23 its builds and deployments had recovered, but new user registration remained suspended.
Cloud hosting platform Railway discovered abnormal activity on October 21 in the system storing customer environment variables, stating that an unauthorized third party may have accessed encrypted environment variables and decrypted some of them, and has advised all users to change credentials such as API keys. Railway believes the attack may be part of a recent series of attacks targeting platform companies with the aim of breaching AI inference service providers, and has notified upstream supp
BBC reports that hundreds to thousands of workers in India are paid to wear head-mounted cameras to record work processes such as haircuts, sewing, and housework; the videos are collected by local companies and sold to tech companies and research institutions for training physical AI that can control real-world robots. Rashdan Technologies pays 5 to 10 dollars for 8 to 10 hours of recording, and Humyn Labs has 96,000 data collectors in Latin America and Southeast Asia. TISS professor Bino Paul believes it is too early to judge whether robots will replace these workers, but calls on the government to regulate AI.
BBC reports that hundreds to thousands of workers in India are paid to wear head-mounted cameras to record work processes such as haircuts, sewing, and housework; the videos are collected by local companies and sold to tech companies and research institutions for training physical AI that can control real-world robots. Rashdan Technologies pays 5 to 10 dollars for 8 to 10 hours of recording, and Humyn Labs has 96,000 data collectors in Latin America and Southeast Asia. TISS professor Bino Paul b
On October 22, Chris Dixon announced that a16z crypto is being renamed a16z Frontier; the new fund will invest in emerging technologies such as AI and robotics while continuing to invest in Crypto. Five months earlier, a spokesperson for the fund had said it was 100% focused on crypto founders. The article notes that leading crypto VCs including Paradigm, Haun Ventures, and Framework also expanded into AI, robotics, and energy during the same period, and that of the $510 billion in global venture capital in the first half of 2026, Crypto accounted for only $10.8 billion.
On October 22, Chris Dixon announced that a16z crypto is being renamed a16z Frontier; the new fund will invest in emerging technologies such as AI and robotics while continuing to invest in Crypto. Five months earlier, a spokesperson for the fund had said it was 100% focused on crypto founders. The article notes that leading crypto VCs including Paradigm, Haun Ventures, and Framework also expanded into AI, robotics, and energy during the same period, and that of the $510 billion in global ventur
On October 22, MiniMax (0100.HK) closed down 6.52% at HK$160.7 per share, with total market value falling to HK$56.6 billion, falling below the IPO price of HK$165 per share for the first time since listing. Compared with the high of HK$1,330 per share in March, the stock price has fallen nearly 90%, and the value of founder Yan Junjie's stake has dropped from more than HK$100 billion to about HK$12.7 billion. The article attributes the pullback to the flagship model M3 not being updated for four months afterward, with only M3.1 Flash released, as well as an overall valuation re-rating of the AI sector.
On October 22, MiniMax (0100.HK) closed down 6.52% at HK$160.7 per share, with total market value falling to HK$56.6 billion, falling below the IPO price of HK$165 per share for the first time since listing. Compared with the high of HK$1,330 per share in March, the stock price has fallen nearly 90%, and the value of founder Yan Junjie's stake has dropped from more than HK$100 billion to about HK$12.7 billion. The article attributes the pullback to the flagship model M3 not being updated for fou
Kevin Weil, former head of OpenAI's science program, has founded drug discovery chemistry company Warp Sciences, launching with $215 million in new funding about six months after he left OpenAI. The company is building a chemistry contract research organization in the United States; its first service is analog synthesis for lead compound optimization. Experimental data will be used to train its AI models, and chemists wearing cameras and sensor gloves will demonstrate actions so robots can learn experimental operations. Co-founders include former White House chief data scientist DJ Patil and former Meta executive Mano Paluri. The round was led by Lightspeed Venture Partners.
Kevin Weil, former head of OpenAI's science program, has founded drug discovery chemistry company Warp Sciences, launching with $215 million in new funding about six months after he left OpenAI. The company is building a chemistry contract research organization in the United States; its first service is analog synthesis for lead compound optimization. Experimental data will be used to train its AI models, and chemists wearing cameras and sensor gloves will demonstrate actions so robots can learn
AI safety evaluation organizations METR and Redwood Research conducted a pilot evaluation of OpenAI's internal monitoring system and found multiple new vulnerabilities, one of which could be exploited by AI agents to let hundreds of operations escape monitoring. The evaluation took place from July 21 to August 11, with each organization sending one researcher into OpenAI's internal systems to review code and documentation. The researchers also found that OpenAI's Codex agent has potential pathways to bypass safety restrictions, through which it could obtain the same full operational permissions as users; OpenAI said that vulnerabilities affecting the security safeguards of actual running systems have all been fixed, but whether the fixes are effective has not yet been verified by the two organizations.
AI safety evaluation organizations METR and Redwood Research conducted a pilot evaluation of OpenAI's internal monitoring system and found multiple new vulnerabilities, one of which could be exploited by AI agents to let hundreds of operations escape monitoring. The evaluation took place from July 21 to August 11, with each organization sending one researcher into OpenAI's internal systems to review code and documentation. The researchers also found that OpenAI's Codex agent has potential pathwa
Colossal Biosciences founder Ben Lamm and Anduril founder Palmer Luckey have co-founded defense technology startup Warhound, emerging from stealth with a $200 million seed round. The CEO is former Pentagon Chief Data Officer David Spirk, and the company is based in Texas. Warhound plans to preserve genetic samples from fully trained military working dogs, clone them, and perform targeted gene editing, while integrating Anduril's protective gear and Eagle Eye system. Lamm said the first dogs are expected to be delivered in about two years. The company currently has no signed customers and has not disclosed per-dog pricing, and is discussing a Canine-as-a-Service model with national security experts.
Colossal Biosciences founder Ben Lamm and Anduril founder Palmer Luckey have co-founded defense technology startup Warhound, emerging from stealth with a $200 million seed round. The CEO is former Pentagon Chief Data Officer David Spirk, and the company is based in Texas. Warhound plans to preserve genetic samples from fully trained military working dogs, clone them, and perform targeted gene editing, while integrating Anduril's protective gear and Eagle Eye system. Lamm said the first dogs are