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OpenAI advances roughly $30 billion funding round, aiming to lock in investors ahead of Anthropic's IPO

According to Reuters, OpenAI is accelerating a roughly $30 billion funding round, targeting a valuation above $1.4 trillion, seeking to lock in investors before Anthropic's expected mid-November IPO; existing investors including SoftBank and Abu Dhabi's MGX are in talks to participate. OpenAI told investors that growth accelerated after the release of GPT-6 Astra, with annualized revenue already at $50 billion and expected to rise to $70 billion by year-end; Anthropic said its third-quarter revenue rose from $11.6 billion to $16.8 billion, but slowing month-over-month growth has raised valuation concerns. The two also differ on revenue recognition: OpenAI recognizes revenue on a net basis and has accused Anthropic of recognizing revenue on a gross basis under third-party cloud vendor contracts.

Salesforce Announces $5.66 Billion Acquisition of Marketing Automation Company Braze

Salesforce announced it will acquire marketing automation company Braze for $5.66 billion in cash, or $47.5 per share, a premium of about 58% over Braze's previous closing price. Braze's revenue grew 26% year over year last quarter to $227.2 million; its platform aggregates customer data through more than 190 prebuilt connectors and offers BrazeAI to automatically generate marketing materials and Agentic Standards to set constraints for AI-generated campaigns. Salesforce plans to use its technology to enhance Marketing Cloud's cross-channel personalization capabilities, and the deal is expected to close in its fiscal year 2028.

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Daytona raises a $60 million Series B at a $1 billion valuation

Daytona, which provides cloud sandboxes for AI agents, has raised a $60 million Series B at a $1 billion valuation, led by FirstMark, bringing its total funding to about $91 million. Its customers include Anthropic, OpenAI, Nvidia, Cursor, Cognition, Meta, and Cohere, and CEO Burazin said the company's revenue run rate grew 25-fold between January and September. Daytona says it can provision a new sandbox for an agent within 60 milliseconds by pre-distributing snapshots of configured machines to servers' physical disks.

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Tenstorrent Completes $150 Million Series E Funding at a $6.2 Billion Valuation

Tenstorrent announced the completion of a $1.5 billion Series E funding round at a post-money valuation of $6.2 billion, led by Trace Capital and Innovation X. The funds will be used for large-scale deployment of Galaxy servers, continued support for open-weight models for large language models and video generation, and advancing externally licensed AI and CPU intellectual property. The company builds AI processors and systems based on RISC-V, and licenses the TT-Ascalon RISC-V CPU and Tensix AI cores to chip designers such as Samsung and LG.

Indian Supreme Court proposes hash database and penalty framework to platforms for CSAM regulation

In a 137-page order, the Indian Supreme Court declined to ban children from using social media or impose age-based restrictions, holding that internet access is a fundamental right guaranteed under Articles 21 and 19(1)(a) of the Constitution, while also proposing a regulatory framework for child sexual abuse and exploitation material (CSEAM/CSAM). The framework calls for a national database recording hashes and URLs of confirmed content, which could be built on the Sahyog portal, along with supporting processes including manual verification, an independent appeals channel, confirmation of reports within 24 hours, takedown within two hours, and reporting to bodies such as the SJPU. The court also recommended that the government consider fines beyond intermediary liability and the confiscation of revenue earned from disseminating such content through paywalls; the framework has not yet been implemented, and the government must submit an affidavit before the next hearing on December 10 explaining its progress.

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Anthropic consults law firms to develop fair negotiation standards for AI agents' bargaining

Anthropic is working with law firms to develop fair negotiation standards for AI agents that bargain on users' behalf, handle complaints, or improve contract offers. According to the Financial Times, the company has shown in experiments that stronger models can negotiate better deals, which could widen social inequality. Anthropic is also hiring Conceptual Reasoning Fellows with legal backgrounds to spend four months testing Claude on judgment-intensive questions in law, philosophy, cognitive science, economics, and political science, with pay of $100,000 to $167,000.

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