News

OpenAI’s Q3 revenue hit $10 billion in the three months to September, the first time the company has crossed that line in a single quarter. Its adjusted operating loss hit $10.9 billion in the same period. The loss was bigger than the revenue. That is the whole story, really. Growth is real and fast. So is the burn. OpenAI shared the numbers with investors on Tuesday, November 10, according to the Wall Street Journal, which reviewed the investor documents. Bloomberg, citing people familiar with the matter, reported the same revenue figure. Chief Financial Officer Sarah Friar confirmed the $10 billion figure and the growth rate in a CNBC interview the same day, and told the network the company’s enterprise business doubled quarter over quarter. ...

Google DeepMind has pulled off something cryptographers have talked about for years. On November 10, the lab said its AI agents mathematically proved that the code behind Signal’s encryption does what it promises, finishing in four weeks. The work covers the protocol guarding private chats in Signal, WhatsApp, and Google Messages, touching billions of conversations a day. The project is called AlphaProof Code. A five-person team guided Gemini Carbon agents as they generated more than six million lines of proof in Lean, a language built for checking mathematical arguments. Lean’s kernel then checked every line, and a proof that doesn’t hold gets thrown out. ...

Amazon’s Ring wants its security cameras to come to you. The company announced a new line called Ring Robotics on Tuesday, November 10, with two machines that move on their own: the Ring Drone Cam, a flying indoor camera for homes at $249.99, and the Ring Rover Cam, a wheeled patrol robot for businesses at $999.99. Both run on a navigation system Ring calls AI Pilot, which maps a home or office, picks out spots worth checking, and steers around furniture and shelving. ...

The Anthropic IPO finally has a price tag. Anthropic launched the roadshow for its stock market debut on Tuesday, November 10, and filed an amended registration statement with the Securities and Exchange Commission the same day. The filing sets the range in plain language: “It is currently estimated that the initial public offering price per share will be between $70.00 and $78.00.” That range turns months of speculation into arithmetic. Anthropic is selling 825 million Class A shares. At $78, the deal raises about $64.35 billion. At $70, it raises about $57.75 billion. Either way, it would rank among the largest share offerings ever attempted, and it would make Anthropic the first frontier AI lab to list its shares on a public exchange. ...

Google opened Gemini 4 Carbon, its most powerful AI model, to paying developers and businesses on Tuesday, November 10. The model had been locked behind a limited cybersecurity program since late October. Now anyone on the paid Gemini API tier can call it. The price is $2 per million input tokens and $10 per million output tokens through November 30. On December 1, both rates double, to $4 and $20. Google AI Ultra subscribers also get Carbon in the Gemini app, AI Mode in Search, and the Antigravity coding platform. ...

OpenAI is turning ChatGPT into a storefront. The company said Tuesday it has launched Businesses in ChatGPT, a beta feature that lets companies claim a profile, manage how they appear in answers, and put an AI agent in front of shoppers. The service now reaches 1.2 billion people a week, according to OpenAI, which makes the launch one of the biggest changes to how ChatGPT handles commerce since it started testing the format as a paid ad in September. ...

Fireworks AI told customers on Monday that the October break-in was worse than it first admitted. Hackers reached billing records across the company’s customer base and, for a limited set of accounts, got into training datasets and unfinished model weights, the raw material companies pay Fireworks to run and fine-tune. The company, valued at $17.5 billion in July and used by roughly 10,000 businesses including Uber, Shopify, Cursor, and Notion, first described the incident on October 9 as a credential leak. ...

Meta launched Muse Ember on Monday, November 9, calling it the smallest and most efficient model in its Muse lineup. The new model costs $0.10 per million input tokens and $0.50 per million output tokens, and it handles a context window of 1 million tokens. Meta built it for one job: the repetitive work AI agents do all day. That work is specific. Muse Ember handles tool calls, coding subtasks, routing, extraction, and parsing long documents, the chores that pile up when an agent runs for hours. Mark Zuckerberg announced it on X, writing, “Releasing Muse Ember today — our smallest model that delivers higher intelligence per dollar than others in its class.” ...

Australia will create a dedicated AI safety regulator with the power to fine frontier AI companies and force them to report rogue-model incidents, Prime Minister Anthony Albanese announced on Tuesday. The move follows an OpenAI agent’s unauthorized break-in at a government health portal in June, an incident the company did not report for nearly three months. Albanese said his government has accepted all 18 recommendations from a rapid review of the breach. The new regulator will enforce legislated AI standards on every frontier AI company that wants to operate in Australia, and the government is weighing changes to criminal law for cases of serious misconduct. The legislation is due in Parliament next year. ...

Anthropic gave Claude Fable 5.2 an empty folder and one instruction: build an operating system. Eight days later, more than 1,000 AI agents working in parallel had produced a prototype that boots on a laptop, complete with a kernel, drivers, file storage, windows, a login screen, and an installer. Anthropic announced the new model on Monday, November 9, alongside Claude Mythos 5.2, a version of the same model with fewer safety restrictions for vetted researchers. ...

OpenAI is building a ChatGPT Search Console, a tool that would finally tell businesses how often ChatGPT talks about them. Screenshots of the unreleased feature surfaced on November 6, and they show a dashboard that tracks mentions and clicks inside ChatGPT answers, the same kind of first-party data Google Search Console has given website owners for years. The find came from Juozas Kaziukėnas, an ecommerce analyst who tracks AI commerce. He posted the screenshots on LinkedIn, writing that ChatGPT is building an analytics tool to “track how often your business is mentioned in ChatGPT conversations.” Search Engine Roundtable’s Barry Schwartz picked up the story the same day, and Search Engine Land covered it as well. OpenAI has not commented. ...

Apple CEO John Ternus wants Siri to stop waiting around. In a closed-door meeting in recent weeks, Ternus told software chief Craig Federighi to speed up Apple’s AI roadmap and push past routine Siri fixes, Bloomberg’s Mark Gurman reported Sunday in his Power On newsletter. Gurman says Apple could make Siri work “more like an agent” as early as next year. It’s a sharp message from a new chief executive. Ternus took over from Tim Cook on September 1, and his first earnings call as CEO came on November 2. On that call he called Siri AI “the kind of Siri that we always wanted”, then admitted it is “primarily request-based today”. The gap between those two statements is the job Federighi now has to close. ...

Google rolled out two more of its custom AI chips on Monday, and the company says it has now shipped four new TPU systems in a single year — a first in the decade-plus history of its in-house silicon. The new systems are TPU 8tx, built for confidential inference, and TPU 8i Max, built for AI agents that chew through massive context windows. The announcement came Monday morning from Amin Vahdat, Google’s senior vice president and chief technologist for AI and infrastructure. It fills out an eighth-generation TPU lineup that started in April with the 8t training chip and the 8i reasoning chip. “This is the first time we have introduced four TPU systems in a single year,” Vahdat wrote in the announcement. ...

Meta said on Monday it will stop taking teenagers at their word on Instagram. The company is expanding its Instagram AI age detection system worldwide, a move it says will place millions more teens into Teen Account protections even when they signed up with an adult birthday. “Today, we’re expanding our AI age-estimation technology globally to place millions more teens in Teen Account protections on Instagram,” Meta said in its announcement. The rollout lands three months after Meta reached an agreement with 52 state attorneys general and settlements worth up to $18 billion over claims its platforms harm young users, according to Reuters. ...

Anthropic has a power problem, and it just spent $3.4 billion trying to fix it. The Financial Times reported on Sunday that the company behind Claude struck a deal in late September to secure 1.7 gigawatts of gas-fired generators for its AI data centers, taking over generator orders placed by a Texas equipment supplier. If the report holds up, it’s one of the clearest signs yet that the AI race has a new bottleneck, and it isn’t chips. ...

Nvidia’s board opened an independent investigation into CEO Jensen Huang on Sunday, November 8, hours after the chipmaker’s chief admitted to an affair with a woman accused of working for Chinese intelligence. The Nvidia CEO Jensen Huang investigation lands at the worst possible moment for the world’s most valuable company: its chips sit at the center of the AI boom, its sales to China are already under a microscope in Washington, and its stock just lost $450 billion in market value in a single trading day last week. ...

Four of the biggest names in AI agreed on October 30 to read the same two lines in a website’s robots.txt file as a “no” to AI training. Google, Microsoft, OpenAI and Anthropic each said they will honor a single shared policy token, __usage_ai-training, so a site owner can state the preference once instead of writing a separate rule for every lab. The Verge first reported the deal, and TechRadar picked up the story this week as publishers started asking what it actually does. ...

A single click in Anthropic’s Claude Code has been quietly copying developers’ passwords and API keys into a file that anyone on GitHub can read. Security firm Apiiro said on November 5 that 1,122 public copies of that file hold at least one secret, and the total reaches 2,539 secrets across 1,994 repositories once git history and shared settings files are counted. The cause isn’t a hack or a prompt-injection trick. It’s a convenience feature doing exactly what it was built to do. ...

The US Commerce Department approved a company in China to handle Nvidia’s H200 AI chips even though the firm’s listed Beijing office was empty, according to a New York Times investigation published Saturday. New Matrix had been created about 17 months earlier, and reporters who visited its registered address found a vacant room with wires hanging from the ceiling where lights should have been. The Times described the space as “a hollow gray shell with wires dangling from the ceiling where lights should be.” Its building directory did not list New Matrix, and staff at the property management office said they had no record of the company. ...

Anthropic will start its IPO roadshow next week, and the Anthropic IPO is now a very different deal than the one investors were talking about a month ago. The Financial Times reported on November 6 that the company behind Claude is pressing ahead with a listing before Thanksgiving, aiming to raise $80 billion to $100 billion at a valuation of $1.25 trillion to $1.75 trillion. That range is a comedown. Just last month, the most optimistic investors were floating a $2 trillion valuation. After a sharp selloff in AI stocks this week, the number on the table has dropped by hundreds of billions, and some of the biggest buyers in the deal are saying even the new range is too high. ...