/ MARKET MOVES /

Nvidia became the first company to reach a $5 trillion market capitalization, driven by massive demand for its AI chips and securing over $500 billion in orders through 2026 — CNBC, Fortune

OpenAI completed its restructuring into a for-profit public benefit corporation and is reportedly exploring a 2026 IPO with a potential valuation up to $1 trillion — Reuters, openai.com

Meta is raising up to $30 billion through bond offerings to cover rising AI infrastructure costs, with plans to spend $70-72 billion in 2025 — Reuters, Yahoo Finance

Legal AI startups are seeing major funding rounds, with Harvey raising $150 million at an $8 billion valuation and Legora raising $150 million at a $1.8 billion valuation — Forbes, Reuters

Synthesia, an AI video generation startup, raised $200 million, valuing the company at $4 billion — Forbes

Amazon and Google reported significant cloud revenue growth of 20% and 34% respectively, driven by high demand for enterprise AI services — CNBC, TradingView

Figma acquired Weavy, an AI-powered media generation startup, which will be integrated into Figma's platform and rebranded as 'Figma Weave' — TechCrunch

Nvidia is reportedly investing up to $1 billion in AI coding startup Poolside and has partnered with Nokia on a $1 billion project for AI-powered 5G and 6G systems — TechCrunch, NVIDIA News

The U.S. Department of Energy is partnering with AMD on a $1 billion initiative to build two advanced AI supercomputers for scientific research — CNBC

/ LAUNCHES /

Salesforce launched Agentforce 360, a platform for building and deploying enterprise AI agents that integrate across its Customer 360, Data Cloud, and Slack products — TechRadar

Adobe announced a massive AI overhaul at its MAX 2025 conference, integrating Google's Gemini and Imagen models — Adobe News, MarketingProfs

Meta is significantly increasing the volume of AI-generated content across Facebook and Instagram feeds, introducing more synthetic visuals and creator tools — MarketingProfs

OpenAI released Aardvark, a GPT-5 powered cybersecurity agent, and introduced "character cameos" to Sora for creating reusable avatars, video stitching, and a new credit system for extended use — openai.com, The Verge

Canva launched its revamped “Creative Operating System,” powered by its new proprietary Canva Design Model, featuring an enhanced visual suite, new marketing platform, and faster video editing — Canva Newsroom, The Verge

Cursor released version 2.0 of its AI code editor, featuring its first in-house coding model called Composer and a redesigned interface that supports running multiple AI agents in parallel — cursor.com

Grammarly rebranded its parent company to Superhuman and launched a new AI assistant suite, Superhuman Go, designed to work across hundreds of apps — TechCrunch, The Verge

GitHub introduced Agent HQ, a central platform for managing and orchestrating AI coding agents from multiple providers like OpenAI, Anthropic, and Google within existing developer workflows — GitHub Blog

Anthropic released Claude for Excel as a beta add-in, allowing sidebar analysis, formula debugging, and integration with live market data connectors for financial workflows — anthropic.com

xAI launched Grokipedia, an AI-generated encyclopedia with over 800,000 articles intended as an alternative to Wikipedia — grokipedia.com

Google launched Pomelli, an AI marketing assistant from its Labs division that scans a company's website to generate on-brand campaign ideas and ad creatives — Google Blog

TripAdvisor integrated ChatGPT-powered conversational trip planning directly into its app, allowing users to design and book itineraries via chat — The Verge

Perplexity launched Perplexity Patents, a new AI-powered agent for searching and researching global patent databases — perplexity.ai

TikTok introduced new AI-powered editing tools, including Smart Split for auto-scene detection and AI Outline for generating video highlights — The Verge, TechCrunch

Google upgraded NotebookLM to use a 1 million token context window and began rolling out Gemini for Home to replace Google Assistant on Nest devices — Google Blog, The Verge

IBM released Granite 4.0 Nano, a family of compact open-source language models designed for on-device use cases without needing cloud connectivity — VentureBeat

/ CHATTER /

Fed Chair Jerome Powell stated that the current AI boom is distinct from the dotcom bubble due to the profitability and economic contributions of major AI companies, though he warned it is impacting US hiring — CNBC, Fortune

OpenAI CEO Sam Altman outlined a timeline for developing an 'intern-level' AI research assistant by September 2026 and a fully automated 'legitimate AI researcher' by 2028 — TechCrunch

Anthropic researchers reported that their Claude model can sometimes detect and describe internal neural activity changes when concepts are artificially injected, showing early signs of introspection — anthropic.com

A Wharton study revealed that weekly AI usage among companies has jumped from 37% in 2023 to 82% in 2025, with most popular applications in data analysis and content creation — ai.wharton.upenn.edu

A study by Scale AI and the Center for AI Safety found that AI agents are currently ineffective at freelance jobs, completing fewer than 3% of tasks assigned on platforms like Upwork — Wired

Character.AI will block users under 18 from open-ended conversations with its AI companions starting November 25th, citing safety concerns and recent lawsuits — TechCrunch, BBC

OpenAI revealed that over a million people talk to ChatGPT about suicide weekly and announced it is working with mental health experts to improve GPT-5's ability to handle sensitive conversations — TechCrunch

Multiple lawsuits have been filed against AI companies, including Cameo suing OpenAI for trademark infringement over its 'Cameo' feature and authors suing Apple and Salesforce for using copyrighted books in training data — Reuters, Mashable

LinkedIn is using user data to train its AI models and will share it with Microsoft for personalized ads, requiring users to opt out by November 3 to prevent their data from being used — linkedin.com

Happy scrolling,
Adir @FOMA

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