BusinessAlbertsons expands use of OpenAI tools to bring AI into shopping and operationsAlbertsons Companies is broadening its collaboration with OpenAI to integrate AI across its retail operations, from customer-facing shopping tools to internal merchant and employee workflows.3 min read
BusinessMichael Burry warns AI IPOs could trigger large market lossesInvestor Michael Burry cautioned on X that the enthusiasm around artificial intelligence and the potential IPOs of OpenAI and Anthropic could cause extensive capital destruction, comparing the situation to the late‑1990s dot‑com bubble.2 min read
BusinessMicron posts strong fiscal results as AI-driven memory demand soarsMicron reported far stronger-than-expected results for the fourth quarter of fiscal 2026, driven by surging demand for high-bandwidth memory (HBM) used in AI applications.3 min read
BusinessBarclays expands deployment of Anthropic’s Claude to modernize operations and customer serviceBarclays is extending its partnership with Anthropic to deploy Claude across its global operations, aiming to speed software development, modernize legacy systems and improve customer support.3 min read
BusinessOpenAI’s pricing shifts and compute limits exposed at developer dayAt OpenAI’s annual developer day, the new tool 'dots' attracted attention, but changes to subscription tiers — including halving tokens for the $200 plan and introducing a $500-per-month tier — underscored broader compute constraints in the industry.3 min read
BusinessFlow Engineering raises $50M at $750M valuation to scale AI for hardware designFlow Engineering, a three‑year‑old San Francisco startup, closed a $50 million Series B financing at a $750 million valuation led by Antonio Gracias of Valar Equity Partners and Gavin Baker of Atreides Management.2 min read
BusinessElevenLabs valuation rises to $22 billion after $300M employee tender offerVoice AI startup ElevenLabs said it allowed employees to sell a portion of vested shares in a $300 million tender that values the firm at $22 billion, double the $11 billion mark reached when it raised $500 million in February.2 min read
BusinessOpenAI seeks $30 billion private raise at $1.4 trillion valuation as IPO plans stallOpenAI is reportedly pursuing a new $30 billion private funding round that would value the company at $1.4 trillion, according to Bloomberg.2 min read
BusinessReddit to End RSS Support and Close Public API as It Tightens Data AccessReddit announced it will discontinue RSS feeds on November 13 and terminate public API access by March 2027, citing large-scale scraping and automated abuse.3 min read
BusinessThe economic limits of consumer-facing AI: why enterprise remains the safer betRecent consumer-facing AI releases — Meta’s Muse, OpenAI’s Dots and startups like Instinct — have renewed excitement about agentic personal assistants.4 min read
BusinessDestro builds AI orchestration layer to integrate humans and robots in logisticsDestro, a startup emerging from stealth with an $8 million seed round, has developed an AI operating system that coordinates robots, human workers and vehicles in logistics facilities.5 min read
BusinessOpenAI launches $500 Pro 500 tier with 'Ultrafast' speed and new featuresOpenAI introduced a new Pro 500 subscription costing $500 per month (about HUF 160,000) that adds an “Ultrafast” speed tier for faster model responses and higher throughput.2 min read
