Kai Nicol-Schwarz / CNBC:
AMD says it will invest $1B in Meta's equity offering, its first Helios rackscale systems are installed at Meta, and its EPYC CPUs power Meta's Muse AI agent — Nvidia and Advanced Micro Devices have said they will invest a total of $4 billion in Meta after the social media …
Reuters:
Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025 — Oct 27 (Reuters) - Canadian financial services company Wealthsimple said on Tuesday it had raised up to C$425 million ($302.5 million), taking its valuation …
Ryan Barwick / The Information:
Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing shows it seeks an engineer to “lead the optimization” of its models on TPUs — OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, in a boost for a rising competitor to OpenAI backer Nvidia.
Felix Rieseberg:
An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at them and tells junior engineers that “hunger beats tenure” — This month, I laid the traditional coding interview to rest. As a hiring manager at Anthropic, I stopped asking candidates to do them.
Jenny Lee / CNBC:
SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. — South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks …
Anthropic:
Anthropic expands its US GSA partnership to give federal, state, local, tribal, and territorial governments a 40% discount on Claude, estimated to save $1B — We are expanding our partnership with the General Services Administration (GSA) through a new agreement that gives government partners …
Rashi Shrivastava / Forbes:
Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation — Infisical is helping companies like Airbus and Volkswagen use agents without handing over their private credentials.
Christina Kyriasoglou / Bloomberg:
NXP reports Q3 revenue up 19% YoY to $3.79B, vs. $3.76B est., and forecasts Q4 revenue below estimates; NXPI drops 7%+ after hours — NXP Semiconductors NV, a maker of chips for auto and industrial customers, slid in late trading after delivering a weaker revenue forecast than anticipated …
Mark Gurman / Bloomberg:
Source: Apple has discussed charging $2,899 for the 14-inch MacBook Pro with an OLED XDR touch screen and M5 Pro chip, $400 more than the current M5 Pro model — Apple Inc., after successfully betting this month that consumers are willing to pay $2,000 or more for a foldable iPhone …
Lauren Forristal / TechCrunch:
Discord says it will let public-channel messages from servers listed in Server Discovery appear in web search from mid-December; admins and members can opt out — Discord announced on Tuesday it will make some conversations in its public servers searchable and easier to find on the internet.
Anthropic:
Anthropic details early drug development work with six partners and says it has acquired Mithril, a one-person company working on muscular dystrophy — There are many opportunities to speed up drug development, even beyond the most commonly discussed applications of AI, like proposing initial designs for new molecules.
Reuters:
Robinhood reports Q3 revenue up 12% YoY to $1.42B, in line with est., crypto revenue down 55% to $120M, and profit down 14% to $476M; HOOD drops 7%+ after hours — Robinhood Markets (HOOD.O) reported a drop in third-quarter profit on Tuesday as slower cryptocurrency trading weighed on growth …
Bloomberg:
Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 — Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks …
Anthony Hughes / Bloomberg:
Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares — Meta Platforms Inc.'s upsized $25 billion share sale attracted demand for about five times the available shares …
Annie Palmer / CNBC:
Memo: Amazon says measuring AI adoption solely by token usage or code generation is “deeply flawed,” as it discourages staff from tokenmaxxing — Amazon laid out its AI usage guidelines for software engineers in a memo to staffers, and discouraged employees from turning to …
Financial Times:
GM plans to switch from the NYSE to Nasdaq on November 17 as part of its push under Tesla veteran Sterling Anderson to use AI to speed up its development cycle — Move marks another blow for Big Board as tech-focused rival attracts some of world's most valuable companies
Kurt Schlosser / GeekWire:
Avante, which builds an AI platform to help companies manage employee healthcare and other benefits, raised a $30M Series A, following a $10M seed in 2024 — Chronicling the Seattle and Pacific Northwest startup scene. — Avante, the maker of an AI platform to help companies manage employee health care …
Seema Mody / CNBC:
Oracle adds ChatGPT and Codex to its app stack and expands Oracle Cloud Infrastructure lineup with Google TPUs, OpenAI's Jalapeño chip, and Cerebras hardware — Oracle on Tuesday announced an expanded collaboration with OpenAI that brings the artificial intelligence lab's ChatGPT …
Jay Peters / The Verge:
Google launches Genie 4, a world model powered by Gemini 3.8 Flash designed to generate interactive AI simulations, initially as a preview to trusted testers — The Genie 4 world model offers more realism and can create audio to accompany its interactive worlds.
Stephanie Palazzolo / The Information:
Anthropic's S-1 shows an 85% gross margin in H1 from running its models, a reality check for skeptics who said pay-as-you-go model sales wouldn't be profitable — When Anthropic on Monday dropped its long-awaited initial public offering prospectus filing, a lot of the details …