| Sneha Kumar / Reuters: |
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options — - Microsoft 365 personal plan price increased by 45% — Cheaper ‘classic’ plan only revealed during cancellation process| Kif Leswing / CNBC: |
Qualcomm unveils two AI chips, the AI200, set for 2026, and the AI250, planned for 2027, and says Humain is the first customer; QCOM jumps 14%+ — Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia … | Lien Hoang / Nikkei Asia: |
In Vietnam, 65 countries sign a UN cybercrime treaty to share data and extradite suspects, despite tech companies' and activists' privacy and security concerns — HO CHI MINH CITY — Under a new United Nations treaty, 65 countries have agreed to fight cybercrime, including by sharing data … | Cristina Criddle / Financial Times: |
Employees are increasingly using AI to create ultra-realistic fake expense receipts; AppZen and others attribute the rise to advances in image generation models — Business software groups warn that top AI models are increasingly being used to create ultra-realistic fake receipts| Reuters: |
The US forms a $1B partnership with AMD to construct two supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more — - Supercomputers to help harness fusion energy, treat cancer — Lux supercomputer to come online in six months| Molly Schuetz / Bloomberg: |
The US DOJ's rigged-poker-game indictment involved hacking DeckMate, a casino-standard, suitcase-sized, $10K+ card shuffling machine, to reveal players' hands — The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families.| Jonathan Weil / Wall Street Journal: |
Microsoft's disclosures on its OpenAI stake are scant, including putting OpenAI-related losses into a $4.7B “other, net” expense line in the FY ended June 30 — Company's disclosures on its OpenAI stake are scant. That is no longer tenable. — How long can Microsoft expect investors … | Angel Au-Yeung / Wall Street Journal: |
Sources: AI contractor marketplace Mercor is finalizing $350M in funding led by Felicis at a $10B valuation; founded in 2023, Mercor manages 30K contractors — Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine| Kai Wu / Sparkline Capital: |
The AI buildout, surpassing railroads and the internet, moves Big Tech from being asset-light to asset-heavy, which has historically produced inferior returns — Executive Summary — The AI revolution has reached a key inflection point, with the largest U.S. tech firms embarking on a massive AI infrastructure buildout.| Financial Times: |
Sources: JPMorgan Chase is giving staff the option to use its in-house LLM to write year-end performance reviews, a shortcut to the often painstaking process — Move allows employees to use bank's large language model to generate reviews from their own prompts| Will McCurdy / PCMag: |
X prompts users to re-enroll their security keys for 2FA, and will lock accounts that are not updated by Nov. 10, allowing it to retire the Twitter.com domain — If you're using a hardware security key as your two-factor authentication (2FA) method on X, you'll need to re-enroll by Nov. 10 or your account will be locked.| Marc Hogan / New York Times: |
A look at Live Nation's Setlist.fm, a wiki-like site with 80M annual users that changed live music by letting users document songs that artists play at concerts — Live music used to be a guessing game. Concert times were posted, but exactly when the headlining performers would take the stage … | Stu Woo / Wall Street Journal: |
Indonesia and other developing countries are becoming AI hubs amid the multitrillion-dollar spending boom, in part driven by an “AI decolonization” philosophy — As part of ‘AI decolonization,’ developing nations push Silicon Valley to build locally — JAKARTA, Indonesia—Tap water isn't drinkable.| Anna Irrera / Bloomberg: |
IBM launches Digital Asset Haven, a digital assets platform built with crypto wallet provider Dfns for financial institutions, governments, and companies — International Business Machines Corp. is launching a digital assets platform to allow financial institutions, governments and companies …
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