Oracle drops $7 billion Tencent AI chip lease after US pressure
Oracle has cancelled a multibillion-dollar agreement to lease advanced AI chips to Tencent, bowing to pressure from the Trump administration. If confirmed, the reversal closes[…]
Acronis finds 12 AI agents working against hundreds of organisations in 11 countries
A single individual used a network of AI agents to scan and attack hundreds of organisations across 11 countries, according to an investigation by the[…]
India’s startup tape on November 4: EloElo raises $80 million, robotics firms close rounds, Nykaa’s quarterly profit triples
A busy day for Indian startups and listed consumer firms brought a large round for a microdrama platform, three funding announcements in robotics and drone[…]
OpenAI AI agents find 948 Linux root exploits for $1.21M
OpenAI has described an automated pipeline that hunted through the Linux kernel and came back with 948 distinct vulnerabilities that could let a local user[…]
Anthropic’s Q3 revenue climbs 45% to $16.8 billion, yet investors reportedly want a lower IPO valuation
Anthropic’s third-quarter revenue grew 45% from the previous quarter, but a slower pace than the spring’s near-tripling has left some investors weighing a valuation well[…]
Marvell agrees to buy Lumentum in an all-stock deal that builds an AI networking giant with a $275 billion enterprise value
Marvell Technology has signed a deal to acquire optical components maker Lumentum, pairing the chip designer’s data-centre interconnect technology with one of the industry’s leading[…]
Anthropic’s IPO is a test of whether public markets will pay for AI, and every rival is watching the price
Anthropic is about to put a number on the AI industry. Its S-1 filing, a ticker and a Japanese tranche of up to $3.5 billion[…]
OpenAI trims its mega funding round as investors push back on a $1.4 trillion valuation
OpenAI has lowered its ambitions for its latest private fundraising, according to reports, cutting the amount it hopes to raise and the valuation it is[…]
Apple Intelligence reaches China on Alibaba’s Qwen, but without the new Siri
Apple will bring a first set of Apple Intelligence features to iPhones in China, using Alibaba’s Qwen model for text and image understanding. Testing opens[…]
Fake Claude Code extension planted SSH backdoor on Cursor’s marketplace for 11 hours, with up to 5,000 users exposed
A tampered copy of Anthropic’s Claude Code extension was served to developers through Cursor’s extension marketplace on October 29, carrying code designed to give an[…]
