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10/9
02:28
OpenAI disclosed to investors that its annualized revenue reached approximately $50 billion by the end of September, a figure lower than the widely reported $68 billion. The previously reported higher amount included gross revenue from OpenAI's partners, which helps in comparison with rivals like Anthropic. OpenAI also touted 77% total run rate growth during its third quarter and 107% run rate growth for its enterprise business. The company is under pressure to justify its $852 billion valuation as it prepares for a widely anticipated IPO, with executives signaling a 2027 debut.
02:25
The series is based on the story of FTX founder Sam Bankman-Fried, who remains in federal prison following his 2023 conviction, and Caroline Ellison, who was released in January.
02:25
Elon Musk retweeted a White House post stating that the U.S. will establish a permanent presence on the Moon.
02:25
Juventus FC stock is down over 30% since Tether invested in February 2025, taking an initial 8.2% stake and later increasing it to over 11% of total shares. Despite the stock drop, Tether secured a board of directors seat for its nominee, Francesco Garino, described as "Tether's trusted man."
02:24
Arena announced the completion of a $200 million Series B funding round, co-led by Lightspeed Venture Partners and Khosla Ventures, bringing its valuation to $3.1 billion. The company stated that its valuation has nearly doubled in approximately 10 months. Arena, which originated as a research project at the University of California, Berkeley, initially focused on crowdsourcing the ranking of AI models. Its operations have since expanded to include evaluating AI model alignment issues, such as whether models might lie or take unauthorized actions.
02:22
Colombian Foreign Minister Omar Bula Escobar is scheduled to travel to Jerusalem on Sunday ahead of the inauguration. Colombian President Abelardo De la Espriella had previously promised closer ties with Israel during his election campaign and restored diplomatic relations after taking office, following a period where ties were severed over Israel's war in Gaza. Saar also hinted that the Democratic Republic of the Congo and potentially Brazil could follow suit in opening embassies in Jerusalem.
02:20
The crypto market experienced an accelerated decline on Thursday, with Bitcoin falling to a one-month low just above $80,000, down 4% in 24 hours and over 8% in the past four days. Ether and XRP are down about 6% over the past day, while Solana is off 9%. All major cryptocurrencies have seen double-digit percentage declines over the last week. This comes as the one-year anniversary of the October 10, 2025, flash crash approaches, which saw Bitcoin tumble from $122,000 to $105,000. Rising oil prices and interest rates, along with regulatory uncertainty, are also cited as contributing factors.
02:19
Google announced at its Google Cloud event on Thursday that it will upgrade its Gemini AI to an agent AI, enabling it to plan and execute tasks and work across business applications and systems. This agent AI can delegate tasks to sub-agents, utilize multiple AI models, and even have its own workplace identity and email address. Given Gemini's popularity in the enterprise sector, Google will first roll out this feature to businesses, followed by consumers.
02:19
Anthropic has updated its usage policy to explicitly prohibit users from repeatedly abusing its Claude models in extreme cases, as well as banning election interference, deceptive campaigns, weapons software, and surveillance. The policy update is meant to apply only in extreme cases of cruelty toward models, not common user frustration or model testing.
02:15
Synopsys, a leader in chip design software, is seeking partnerships with major Chinese large language model (LLM) developers to leverage its AI-powered tools to help Chinese companies accelerate chip development. This move comes amid tightening export controls on AI and semiconductors from Washington.
02:13
OpenAI this week released hundreds of claimed solutions to mathematical problems, but its proof methods are said to deviate from the guidelines set by the Advisory Group on Mathematics and AI (AGMAI), convened by the independent Institute for Advanced Study in Princeton, New Jersey. AGMAI released its guiding principles for solving mathematical problems in late September, stating that OpenAI's release explicitly indicates it is evaluating its proprietary models using open research problems, which contradicts AGMAI's primary requirement to "stop testing advanced mathematical problems on proprietary models." Furthermore, out of 719 manuscripts, OpenAI only included model chains of thought in 10 releases, and only 42% of the proofs were formalized, failing to fully adhere to AGMAI's recommendations regarding human understanding and formalization. Some mathematicians have pointed out discrepancies between OpenAI's solutions in natural language and their formalized expressions, raising questions about the reliability of the model's ability to formalize its own solutions without human intervention.
02:09
The National Football League (NFL) has filed documents with the U.S. Supreme Court, joining states, former regulator Gary Gensler, and Chris Dodd, one of the authors of the Dodd-Frank Act, in opposing federal regulation of prediction markets. The NFL argues that sports betting within prediction markets poses challenges to game integrity and consumer protection, noting the Commodity Futures Trading Commission's (CFTC) failure to effectively regulate these platforms. The NFL, states, and former officials contend that sports betting should be governed by local gambling regulators, not exclusively by the CFTC. The CFTC, however, maintains its exclusive regulatory authority over exchanges like Kalshi and Polymarket, superseding state powers. Former Senator Chris Dodd emphasized that the Dodd-Frank Act was not intended to authorize nationwide sports betting through derivatives markets, nor to displace the traditional primacy of states and tribes in gambling regulation. Former CFTC Chairman Gensler also stated that Congress never transferred jurisdiction over sports betting from the states to the CFTC. The NFL believes that federally regulated companies have failed to meet the stringent regulatory standards provided by states and urged the Supreme Court to expedite the case to prevent consumer losses and risks to game integrity.
02:03
Musk retweeted a post containing high praise from Donald Trump for Musk. Trump called Musk an "industrial giant," a "brilliant engineer," and "one of the greatest tech founders of all time," adding that "no one can do what he does." Trump also noted Musk's significant contributions to advancing U.S. national interests, turning science fiction into reality. He specifically mentioned SpaceX, founded by Musk in 2002 with his life savings, successfully developing the first private liquid-fueled rocket, and how SpaceX helped NASA break free from foreign dependence. Trump also congratulated the SpaceX Crew-12 crew on their safe return to the International Space Station. Furthermore, Trump praised SpaceX's Starship and Starlink projects, sharing how Starlink saved hundreds of lives during a hurricane in North Carolina. He also mentioned Musk founding Tesla, producing the first commercial electric vehicles and autonomous driving technology, and helping restore sight, speech, and motor functions through Neuralink. Trump concluded by stating that Musk is "the Thomas Edison of our time."
02:02
Coinbase CEO Brian Armstrong advocates for small-scale governance experiments and innovation sandboxes at the federal level, stating that debating every reform nationally makes learning unnecessarily expensive and slow. He suggests running more experiments with faster permitting, deregulation, or different rules in specific areas, measuring results, and allowing successful ideas to spread. Armstrong views competition as the best consumer protection, noting that government is the only sector structurally exempt from it.
01:58
David Schwartz, Chief Technical Visionary and co-founder of the XRP Ledger at Ripple, will deliver a keynote speech at the Swell 2026 annual conference in New York on October 28, at 4:30 PM ET. In his capacity as CTO Emeritus, he will engage in a fireside chat with Ayo Akinyele, Head of Engineering at RippleX, on the topic "Building the Future of the XRP Ledger." The discussion will cover AI integration, privacy-preserving transactions, DeFi, scalability, and institutional-grade infrastructure. This speech is regarded by the market as an unexpected and significant move, with investors anticipating concrete code commitments from Schwartz to address the competitive challenges faced by XRPL in the current payments market.
01:54
Data provider Ortex estimated yesterday that 99% of medical tech company MiniMed Group Inc.'s public float was sold short, up from 47.6% on September 15. This anomaly is attributed to an arbitrage play related to parent company Medtronic's offer to exchange 225.3 million MiniMed shares for Medtronic stock. MiniMed's float is only 28.5 million shares, making the swap offer seven times larger than its tradable supply. Arbitrageurs are buying Medtronic stock and shorting MiniMed shares, expecting to use the converted MiniMed shares to close their short positions for a profit. The offer expires this Friday.
01:51
Federal Reserve official Alberto Musalem stated that inflation remains elevated, driven by persistent demand pressures and supply shocks. He warned that further monetary tightening would be required to bring inflation back to the Fed's 2% target, with current conditions warranting consideration of rate increases. Musalem added that the U.S. economy remains strong, and business contacts are more concerned about inflation than the labor market.
01:40
Oracle is utilizing ChatGPT Work and Codex to transform specialist knowledge into fast, repeatable workflows across its recruiting, engineering, and operations departments, significantly reducing task completion times from days to minutes.
01:35
Brazilian hedge fund managers who successfully bet on right-wing candidate Flavio Bolsonaro's strong performance in the first round of Brazil's presidential election are fine-tuning their derivatives wagers to capture further gains after a historic rally in local markets on Monday, Bloomberg Markets reported.

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