Truncated: latest AI news

Thursday 5 November

Thinking Machines Lab is closing in on a new $5 billion funding round at a $40 billion valuation

AI-generated summary AI startup Thinking Machines Lab is reportedly closing in on a new $5 billion funding round at a $40 billion valuation led by Accel. The company recently released a new version of its Tinker tool, which is a system designed to help users fine-tune large language AI models.

Also covered by Tech Funding News SiliconANGLE

Brands lean into human creativity as handcrafted art becomes more of a luxury in the age of AI

AI-generated summary Luxury fashion houses Prada and Hermès have recently highlighted human-made art projects in social media campaigns to separate themselves from online artificial intelligence content. Artists including John Pomeroy, Alina Golovlova, and Thibaut Malet report that brands are increasingly commissioning traditional craftsmanship and tagging the creators to showcase authenticity.

Claude Gets Personal Finance—Anthony Pompliano Accuses Anthropic of Copying His Startup

Anthropic Claude agentic finance AI ethics

AI-generated summary Anthropic introduced a personal finance feature for Claude on Thursday that allows U.S. subscribers on Pro, Max, and Ultra plans to connect bank accounts through Plaid. Crypto investor Anthony Pompliano accused Anthropic of attempting to gather inside information from his competing startup, Silvia, months prior to the rollout.

Also covered by TNW | Anthropic The Decoder

Asia can't afford a 'cloudless' day. That means paying attention to undersea cables

Kapil Kumar Jain, vice president, global network services at Tata Communications

AI-generated summary Tata Communications reports that 77 percent of enterprise leaders prioritize AI investment as a board-level strategic matter, yet 65 percent of enterprises still operate on legacy or developing infrastructure. Subsea cable damage caused widespread disruptions across Africa in 2024 and restricted access across Asia and the Middle East in 2025, while the Enhanced ASEAN Guidelines now recommend capping submarine cable repair processing times at 10 days.