| Anthropic: |
Anthropic says it's committing 5% of its shares to a Public Benefit Fund, for a total of ~20% with co-founder and staff pledges, plus 2% per 50% valuation rise — Today, we're committing a portion of Anthropic's shares to the Anthropic Public Benefit Fund, a new entity with a structure that increases the stake as the company grows.| Mark Gurman / Bloomberg: |
Sources: HomeView units sat in warehouses for months; Apple plans a Nov. 6 store reset, likely for new Macs; iPhone Duo preorder mess could boost 18 Pro sales — Also: The company is planning Nov. 6 retail store reset, indicating potential Mac release date.| Zack Abrams / The Block: |
Sam Altman's World launches a World ID verification suite for banks, bundling tools to verify human and agent identities, its first industry-specific offering — The identity project co-founded by OpenAI CEO Sam Altman named Bain Capital and VanEck Funds among its design partners but did not name … | Efosa Udinmwen / TechRadar: |
Intel unveils its GPU D-series for data centers, featuring up to 480GB of LPDDR5X memory, an unusually large capacity to support demanding inference workloads — Intel GPU D-series uses laptop LPDDR5X with 480GB memory — Intel's GPU D-series sets a new GPU memory record with 480GB of LPDDR5X| Phoebe Liu / The Information: |
Sources: industry execs expect only 7-10 of hundreds of neoclouds to survive, as Nvidia supports them with easier credit terms, site finding, and $20B in leases — How many young AI cloud providers can the market, and Nvidia, support? — That's one of the big questions after a week … | Bailey Lipschultz / Bloomberg: |
Sources: Nscale faces investor pushback on its ~$30B IPO valuation, with some urging a lower valuation of $16B to $19B, as Microsoft exits a UK data center deal — Nscale Ltd. is facing opposition to the valuation target it's pursuing in its initial public offering, according to people familiar … | James Titcomb / Telegraph: |
| Allie Garfinkle / Fortune: |
Abby Care, which runs a clinically led, AI-powered platform to train and certify family caregivers, raised an $82M Series C led by Transformation Capital — As a kid, Havi Nguyen sometimes missed school to translate at doctor's appointments, and was managing Medicaid paperwork for her family, who had recently immigrated from Vietnam.| Financial Times: |
AI's ability to forecast extreme weather faces a major test in the coming months amid a historic El Niño, as some scientists question the technology's accuracy — The technology is being used to anticipate everything from forest fires to futures contracts. Some fear that's a mistake| Financial Times: |
Survey of 94 economists: 54% expect AI's gains to spread across the G20 over the next decade, not just the US and China; 32 see African countries falling behind — Poll of 94 economists points to benefits reaching far beyond the US and China — AI is set to boost growth … | Bloomberg: |
A profile of Alona Katz, chief of Brooklyn DA's Virtual Currency Unit, who recently led an operation that seized and disrupted over 240 crypto fraud websites — Crypto scams cost Americans more than $11 billion last year. A Brooklyn prosecutor found a way to hit the networks behind them.| Alex Konrad / Upstarts Media: |
Stripe Link data shows agentic transactions increased by 38x and volume of payments by 20x in September, with retail leading in both, and a ~$100 average spend — Every time a new AI assistant tool launches, seemingly every week, it announces it's handling checkout and payments through Stripe's tool, Link.| Nick Lichtenberg / Fortune: |
SF-based home insurer Stand, which uses digital twins of homes to price wildfire risk and insures $10B+ of property, raised a $70M Series C at a $1B valuation — Matt DiStefano shares his screen and rotates a gray 3D model of a California neighborhood. He zooms in on one house and overlays a heat map.| Aaron Kirchfeld / Financial Times: |
| Wall Street Journal: |
Analysis: 795 accounts funded by ADI Predictstreet's own fee-collecting wallet drove 99% of the FIFA-partnered prediction market's activity since late August — ADI Predictstreet, backed by Abu Dhabi's royal family, paid close to $150 million for advertising rights during the World Cup
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Kyu-Seok Shim / Reuters: |