ServiceNow confirms it acquired Israeli startup Sweep to speed up customers' migrations to its CRM, for an undisclosed price estimated at hundreds of millions — Bill McDermott said rollouts now take “a month ... 30 days, 60 days” for large companies, as ServiceNow pushes into CRM.
Analysis: candidates backing a data center moratorium could win up to 15 of 36 US governors' races on Tuesday, including in Texas, Ohio, Michigan, and New York — As data centers have gone from obscurity to the top of voters' minds, midterm candidates are taking a stance on the issue.
Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash — Insurance software maker Guidewire (GWRE.N) said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million …
The FBI attributes the $6B+ Binance hack to North Korea's TraderTraitor hacking group, which the agency also previously blamed for the ~$1.5B Bybit hack — The FBI said that North Korea was responsible for stealing more than $6 billion in cryptocurrencies in a brazen hacking attack on Binance.
Tests: chatbots rely on three obscure AI-built voter sites for US midterm answers; Copilot cited the error-prone Ballot Brief in 75% of tests and ChatGPT in 22% — Frustrated with hunting for information on political candidates, Ben Torres Ezrick set out to build a one-stop shop for voters.
Researchers are paid $5K for reporting a bug to OpenAI that would let attackers run code in logged-in sessions of all who opened the hacker's ChatGPT share link — A malicious ChatGPT share link could run an attacker's code in the logged-in session of anyone who opened it …
Salesforce acquires Rune, which makes AI military logistics software, sources say for $375M in cash and stock; Rune raised $30m from a16z and others — Salesforce is acquiring defence tech startup Rune Technologies for $375 million in a combination of shares and cash, according to two sources familiar with the matter.
Artificial Analysis unveils the Intelligence Index v5 with new coding and science benchmarks; 60% of the Index is based on private test sets or held-out answers — The Artificial Analysis Intelligence Index is our composite measure of model capabilities across tasks reflecting real-world usage today. v5 …
Robinhood reports Q3 revenue up 12% YoY to $1.42B, in line with est., crypto revenue down 55% to $120M, and profit down 14% to $476M; HOOD drops 5%+ after hours — Robinhood Markets (HOOD.O) reported a drop in third-quarter profit on Tuesday as slower cryptocurrency trading weighed on growth …
Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares — Meta Platforms Inc.'s upsized $25 billion share sale attracted demand for about five times the available shares …
Memo: Amazon says measuring AI adoption solely by token usage or code generation is “deeply flawed,” as it discourages staff from tokenmaxxing — Amazon laid out its AI usage guidelines for software engineers in a memo to staffers, and discouraged employees from turning to …
Anthropic's S-1 shows a governance structure that suits a “fun quirky little mission-driven worker cooperative” seeking to raise billions as a public company — Also share classes and fake polls. — Happy Anthropic S-1 day — Here's the draft prospectus for Anthropic PBC's initial public offering.
OpenAI releases GPT-6.1 Terra, touting “fast and capable computer use at scale” and clearer, more natural writing, priced at $1/1M input and $5/1M output tokens — Delivering fast and capable computer use at scale — , a fast, efficient model that combines detailed visual reasoning …
iPhone Duo teardown: 5/10 repairability, a foldable record, but some screens crack along the fold, possibly because a hinge support bar fails to drop far enough — Apple's folding iPhone finally made it to our teardown table. Some owners' screens didn't make it through setup.
Moderators of r/opensource ban submissions of projects using, made by, or intended for AI, exclude non-English speakers over AI translation concerns, and more — The opensource subreddit's new rules against AI have sparked a revolt. … The post made Saturday evening opens by saying …
Elon Musk says SpaceX closed $40B in GPU debt, debt markets have shut off credit for AI data center firms, and 200+ neoclouds face “death and consolidation” — Pretty much. As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers. SpaceX closed $40B of debt for GPUs, but we're investment grade and have Starlink & launch revenue. That means...
Data center tenants now demand $5M+ a day in late-delivery fees, up from $1M this spring, spawning new “delay-in-delivery” coverage from brokers like Marsh — This spring, Mike Mathews, who leads the global digital infrastructure practice at insurance broker Marsh …
LSEG agrees to acquire Octus, an NY-based provider of credit intelligence, data, and workflow software, from Permira and Octus' management for $3.54B in cash — The group said the acquisition would transform its presence in credit and private markets data — London Stock Exchange Group …
A look at Meta's role in Brazil's runoff, where Lula da Silva alleges Meta restricts his content and a court ordered it not to interfere; Meta cites glitches — A new villain is emerging in the closing stretch of Brazil's bitterly contested presidential election: Meta Platforms Inc.
Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens — Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.