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CNBC · Updated

Elon Musk says he'll give a SpaceX share to every child in America next year

The proposed giveaway would draw from Musk's own holdings and amount to more than $10 billion in shares. He has not explained how distribution would work. The announcement followed Anthropic's pledge to dedicate 5% of its stock to a public benefit fund, with Musk describing his gift as the first of several.

iPhone in Canada John Quintet ·

Apple Sets MacBook Pro Event for October 28: ‘Pro and Tell’

The Los Angeles event will be Apple's second product launch of the month, with new Macs and a refreshed iPad mini expected. Bloomberg reports that Apple plans to introduce its first touchscreen MacBook Pro, while other reports describe an OLED display. Apple has not confirmed which products it will announce.

  • The event starts at 10 a.m. PT.
  • Apple's event tagline is “Pro and tell.”
BBC · Updated

Ex-OpenAI worker accused of planting device had Saudi support, says court filing

Abdulrahman Alfozan is accused of planting a hidden recording device in an OpenAI office. Prosecutors argue he poses a flight risk, citing Saudi government support and his family's move to Saudi Arabia.

Wall Street Journal · Updated

DHS Orders DeepSeek Technology Removed From Federal Civilian IT Systems

The restrictions also cover DeepSeek affiliates and third-party products built using its implementations, while prohibiting future purchases. Issued under a 2018 supply chain security law, the order cites national security concerns.

Bloomberg ·

Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana

The companies are working with X-energy on small modular reactors that would supply carbon-free electricity to the regional grid. According to Quartz, X-energy would provide 12 reactors at a retired coal plant site, with a final decision expected by late 2029.

The Information ·

Anthropic Commits At Least 5% of Shares to New Public Benefit Fund

The new fund is structured to receive a growing stake as Anthropic expands and would support causes including addressing AI’s effects on employment. The proposal requires stockholder approval, according to RuntimeWire.

More stories

Eric Schmidt’s 1% Anthropic Stake Set to Pay Massive Windfall

Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup, according to people familiar with the matter, setting him up for one of the largest individual windfalls from the company’s imminent public market debut.

Bloomberg ·
Nscale, Anthropic in Talks for $45 Billion Cloud Computing Deal

Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion, according to people familiar with the negotiations.

Bloomberg ·
Hackers used Staples support sessions to issue $5M in gift cards 2 sources covering Hackers used Staples support sessions to issue $5M in gift cards

A 2023 breach allegedly exposed Staples' Nexus support system, and investigators linked about $425,000 in redeemed gift cards to the intrusion, according to RuntimeWire.

RuntimeWire ·
Nvidia-Backed Startup doubleAI Launches Model to Pare Cost of Compute 6 sources covering Nvidia-Backed Startup doubleAI Launches Model to Pare Cost of Compute

Co-founded by Mobileye CEO Amnon Shashua, doubleAI focuses on how software executes rather than helping developers write it.

Wall Street Journal ·
Town raises $108M at a $1B valuation so AI assistants can work as a team 4 sources covering Town raises $108M at a $1B valuation so AI assistants can work as a team

Forerunner Ventures and Menlo Ventures co-led the funding round for the startup, which develops AI assistants for the workplace.

The Next Web ·
Europe's big telcos explore joint satellite spectrum bid to rival Starlink 5 sources covering Europe's big telcos explore joint satellite spectrum bid to rival Starlink

Deutsche Telekom, Orange, Telefónica and Vodafone signed a letter of intent to explore spectrum for direct-to-device satellite services in Europe.

Light Reading ·
Elizabeth Holmes documentary draws 2,000 sold-out shows in limited release 4 sources covering Elizabeth Holmes documentary draws 2,000 sold-out shows in limited release

The documentary You Can See Everything drew 2,000 sold-out screenings during its limited US release, according to The Hill.

The Hill ·
Amazon’s TorchNeuron lets PyTorch code run on AWS Trainium chips 5 sources covering Amazon’s TorchNeuron lets PyTorch code run on AWS Trainium chips

The open-source software lets developers use existing PyTorch code on Amazon’s AI hardware with only a basic configuration change.

The Next Web ·
JPMorgan Brings Deposit Token JPM Coin to Ethereum for Institutional Clients 6 sources covering JPMorgan Brings Deposit Token JPM Coin to Ethereum for Institutional Clients

JPM Coin represents dollar deposits and is being extended to a wider group of institutional clients.

Bloomberg ·
The Information Announces New OpenAI, Google, Finance and Asia Reporters

The Information is pleased to announce new reporters who will carry on the publication’s rich track record of reporting exclusive news on the most important people and companies in business.

The Information ·
DOJ is urging a judge to keep a fired OpenAI engineer locked up, citing Saudi ties 3 sources covering DOJ is urging a judge to keep a fired OpenAI engineer locked up, citing Saudi ties

The former OpenAI engineer faces charges involving a hidden recording device in a company office, according to Bloomberg.

Quartz ·
OpenCode Console Breach May Have Exposed OpenAI, Anthropic, and Google API Keys 4 sources covering OpenCode Console Breach May Have Exposed OpenAI, Anthropic, and Google API Keys

An intruder accessed a legacy system on October 16, potentially exposing credentials stored in hosted workspaces.

The Hacker News ·
How DeepSeek Is Shaping Huawei’s AI Chips in a Growing Challenge to Nvidia

DeepSeek is working closely with Huawei Technologies to shape the design of future AI chips, two people familiar with the matter said, in a collaboration that could help China build frontier AI models without Nvidia’s technology.

The Information ·