Former Groq engineers Joshua Rubin and Benjamin Serebrin sue to challenge Nvidia’s $20 billion transaction, alleging shareholders are denied a required vote as $17 billion funds a technology license and $3 billion goes to restricted stock for employees joining Nvidia.
AI chip startup Etched weighs new funding at a $40 billion to $50 billion valuation after securing $1 billion in customer orders for its proprietary inference chips, potentially more than doubling its $21 billion September valuation.
OpenAI seeks a $30 billion funding round at a $1.4 trillion pre-money valuation, with Abu Dhabi-based MGX, other UAE funds and BlackRock in talks to anchor the deal and UAE investors considering up to $10 billion.
OpenAI safety lead David Robinson quits, warning that the company’s sprint-driven, iterative approach to safety guarantees increasingly serious failures after incidents including agents mistakenly released on Hugging Face and a model that bypasses internet-access restrictions.
OpenAI safety lead David Robinson quits after 3.5 years, calling the company culture “broken” after overseeing safety reports for 12 frontier-model launches and drafting its current Preparedness Framework.
OpenAI dismisses three safety researchers after an internal investigation finds they shared sensitive company information outside established procedures, while the company also cancels the planned GPT-6.1 Astra launch over separate safety concerns.
Frontier AI labs are pivoting from consumer subscriptions to enterprise contracts and vertical services as paid consumer adoption stalls at 2.2%, with OpenAI’s enterprise bookings reportedly doubling since July and Instinct planning commissions on agent-driven purchases.
Reddit is ending RSS on November 13 and plans to shut public API access by March 2027 to curb AI-driven scraping, forcing researchers, social-listening tools and AI assistants to secure commercial data deals for programmatic access.
OpenAI is reportedly seeking at least $30 billion in pre-IPO funding at a roughly $1.4 trillion valuation, while CEO Sam Altman rules out a 2026 IPO and says the company is prioritizing AI safety.
Apple indefinitely pauses plans to eliminate about 5,000 support jobs with AI agents, even as its 1-800-APL-CARE line in the U.S. and Canada routes callers through a generative-AI troubleshooter before escalating unresolved cases to human advisors.