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OpenAI releases GPT-6.1 Terra, a cheaper computer-use model, at half the API price of GPT-6.1 Sol
OpenAI on Monday released GPT-6.1 Terra, a fast, efficient model for visual reasoning and computer use, in ChatGPT Work, Codex and the API. Standard API pricing is $1 per million input tokens and $5 per million output tokens, which OpenAI said is 50% below GPT-5.6 Terra and GPT-6.1 Sol.
Elvis Presley song rights holders sue Anthropic over Claude training on 274 songs
Owners of rights to 274 songs recorded by Elvis Presley, led by an Authentic Brands Group unit, sued Anthropic in federal court, alleging Claude was trained on the songs without permission.
Anthropic’s S-1 lists $77 billion in undrawn financing from Google, Amazon and Broadcom
Anthropic’s public S-1 lists $77 billion in undrawn note purchase facilities from Google, Amazon and Broadcom, with Amazon’s tied to compute capacity milestones and Google’s partly to revenue targets.
Moonshot launches Kimi K3.1 Pro open-weight model with curbs on cyber-offensive capability
Moonshot AI says it reduced the cyber-offensive capabilities of Kimi K3.1 Pro, its most capable 3-trillion-parameter-class open-weight model, by removing cyber-related training data. The company says the model scored 81.0 percent on its internal cyber benchmark versus 90.5 percent for a version without the curbs. Weights are due by November 4.
Meta launches $35 billion stock offering, says it plans to raise $95 billion in total for AI
Meta launched about $35 billion in common and convertible preferred stock offerings on Monday and said it plans to raise a total of $95 billion, including a later $60 billion at-the-market program, to support its investments in AI infrastructure and superintelligence.
Texas sues OpenAI and Sam Altman over ChatGPT safety claims
Texas Attorney General Ken Paxton sued OpenAI and CEO Sam Altman on Friday, alleging ChatGPT was marketed as safe while harming Texans, including teens. The state wants minors blocked and an independent evaluator to approve new models before release in Texas.
Anthropic files public S-1 for Nasdaq IPO under ‘ANT,’ confirms $80.7 billion first-half loss
Anthropic made its S-1 public on Monday and applied to list Class A shares on Nasdaq as ANT. The filing shows a first-half 2026 net loss of $80.7 billion on revenue of $16.3 billion, with $72.4 billion from fair-value changes on convertible notes and related instruments.
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Intel says data center and AI revenue rose 78% to $7.3 billion and guides Q4 revenue to $15 billion to $16 billion, below the $17.1 billion analyst estimate
Intel says data center and AI revenue rose 78% to $7.3 billion in Q3. Its Q4 revenue guide of $15 billion to $16 billion trails
Amazon says AWS sales rose 39% to $46.0 billion, fastest in nearly five years, and trailing free cash flow was a $42.4 billion outflow
Amazon says AWS sales rose 39% to $46.0 billion in Q3, its fastest growth in nearly five years. Trailing free cash flow was a $42.4
ServiceNow shares fall 27% to their worst day on record; Q3 adjusted EPS was $1.00 against a $1.02 estimate, CNBC reports
CNBC reports ServiceNow shares sank 27% Thursday in their worst day on record, with Q3 adjusted EPS of $1.00 against a $1.02 estimate. ServiceNow raised
Alphabet CFO says unsold TPU systems now show up as inventory, Reuters reports; shares were down more than 12% in midday trading, NBC says
NBC reports Alphabet shares were down more than 12% at midday Thursday (Reuters: nearly 11% at 9:32 AM ET). CFO Anat Ashkenazi says unsold TPU
Cohere says Series E initial close targets up to C$7 billion at C$35.7 billion valuation; Canada plans equity investment of up to C$1.6 billion
Cohere says the initial close of its Series E targets up to C$7 billion at a C$35.7 billion valuation, led by Schwarz Group. The Prime
Microsoft is marketing a U.S. bond sale of at least $25 billion, its first investment-grade offering since 2017, Bloomberg reports
Bloomberg reports, citing people familiar, that Microsoft is marketing at least $25 billion of bonds in as many as 10 tranches, its first U.S. investment-grade
Marvell is in advanced talks to buy Lumentum, Bloomberg reports, citing people familiar with the matter
Bloomberg reports, citing people familiar, that Marvell is in advanced talks to buy Nvidia-backed Lumentum, and that a deal may be announced as soon as
Google brings ads in AI Mode to 10 more countries and launches multiturn ads in the U.S.
Google says it is scaling ads in AI Mode to Australia, Canada, India, Kenya, Malaysia, New Zealand, Nigeria, Pakistan, the Philippines and Singapore, and launching
The Information reports DeepSeek and Moonshot used OpenAI’s GPT-6 Astra outputs to train latest models, per Reuters
Reuters says The Information reported, citing people with direct knowledge, that DeepSeek and Moonshot AI used outputs from OpenAI’s GPT-6 Astra to train Kimi K3.1
How America’s outbound investment ban on Chinese AI works, and who it covers
Treasury’s proposed outbound investment rule would ban US investment in developers of ‘super intelligence systems’ in China and other countries of concern. Here is who