TechCrunch

Monday 2 November

Behind the Curtain: OpenAI's post-election power play

AI-generated summary According to reports, OpenAI is planning a policy and public relations blitz following the midterms to rebrand data centers as AI compute campuses. The effort aims to align the company with Washington changes and frame the artificial intelligence debate for 2028 presidential contenders.

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AI delivers ‘zero financial payoff’ to most companies, Apollo economist says

AI-generated summary Apollo Global Management released a note from chief economist Torsten Slok stating that artificial intelligence has delivered zero financial payoff to corporate America outside of the technology sector. Torsten Slok argues that it will be difficult for non-tech companies to turn cheap intelligence into higher revenue growth and higher profit margins because business intelligence requires judgment rather than just calculation.

Sunday 1 November

Amazon Positions Alexa for Shopping to Counter Third-Party Agents

AI-generated summary Amazon released several new capabilities for Alexa for Shopping, allowing the assistant to help with more than 100 new shopping actions. Amazon CEO Andy Jassy says that Alexa for Shopping will be the primary shopping agent that customers use to shop on Amazon.

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Anthropic’s potential $2 trillion IPO could turn staff into millionaires

Dario Amodei

AI-generated summary According to reports, Anthropic is rumored to be targeting a potential initial public offering at a valuation between $1.5 trillion and $2 trillion. The blockbuster market debut could turn its thousands of employees into millionaires while creating potential concerns about employee retention and mission focus.

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OpenAI's upcoming chat-and-work merger in ChatGPT signals the end of all-you-can-prompt pricing

AI-generated summary OpenAI announced that ChatGPT will merge Chat and Work starting in December, implementing a shared token budget across ChatGPT and Codex. OpenAI says users can check their remaining balance and reset times in Settings, and buy extra credits or upgrade once they hit the limit.

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Saturday 31 October

AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

Sam Altman, chief executive officer and co-founder of OpenAI Inc., speaks during OpenAI DevDay in San Francisco, California, US, on Tuesday, Sept. 29, 2026.

AI-generated summary S&P Global made available a credit warning that cut its outlook on Meta to negative from stable over its cash flow, spending, and monetization. The credit ratings agency maintained Meta at AA- while warning the social media leader's leverage could top 1.0x as soon as 2027.

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Friday 30 October

Anthropic may not secure investment-grade rating after IPO, Blackstone says

AI-generated summary According to Blackstone, Anthropic reportedly might fail to secure an investment-grade rating following an initial public offering. This assessment highlights potential financial challenges for the company as it considers future market participation.

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Thursday 29 October