Goldman Restricts Traders and Bankers from Using Some AI Tools
Bloomberg reports that Goldman Sachs has restricted its traders and bankers from using certain AI tools. The article link is provided, with discussion on Hacker News.
Bloomberg reports that Goldman Sachs has restricted its traders and bankers from using certain AI tools. The article link is provided, with discussion on Hacker News.
KPN partnered with ElevenLabs to build Mobiel AI, an add-on to KPN EEN MKB mobile subscriptions that offers voicemail transcription, call summaries and transcripts with follow-up actions, and call routing and reachability settings. KPN said ElevenLabs stood out for speech quality and conversational AI in Dutch, and the teams raised verification accuracy from roughly 50% to 90%. Mobiel AI runs on KPN's network and data centers, with voice data staying in the Netherlands and customer data not used to train AI models or shared with third parties.
Google recapped its October 2026 AI updates, led by the global rollout of the Gemini 4 Argon frontier reasoning model and the announcement of Gemini 4 Carbon, its strongest model yet for long-horizon engineering and cybersecurity defense, now in pre-release testing with the U.S. government and trusted cyber defenders via the Fairwind Program. The month also brought Genie 4 for real-time interactive world simulation with native audio, the Google Fitbit Edge fitness tracker, a global expansion of SynthID Detector, and a quantum computing breakthrough in which "magic state cultivation" on the Willow processor cut errors roughly 40-fold. Other items included AMIE results published in The Lancet, the Playground gaming platform, EmbeddingGemma 2, the first AI response from a Project Suncatcher satellite, and Research@ 2026 announcements.
The Ray community announced a Special Interest Group for hardware accelerators, aiming to bring together hardware vendors, Ray contributors, and application developers around a vendor-neutral roadmap for accelerator support. Its initial roadmap covers development and testing infrastructure, hardware-aware scheduling, and networking/transport, including Ray Direct Transport for direct device-to-device data movement. Ray currently supports more than a dozen kinds of accelerators, from NVIDIA and AMD GPUs to TPUs, Trainium, and Gaudi.
The New York Times and other publications including the New York Daily News, Chicago Tribune, and Orlando Sentinel have sued Brave Software, alleging it scraped their content to build an index sold to AI companies such as Anthropic, Perplexity, Mistral, xAI, and Cohere, and that its browser lets users bypass paywalls. The complaint says Brave never sought permission or compensated the publishers, while an NYT spokesperson said the suit aims to hold Brave accountable for stealing content. Perplexity's chief communications officer disputed the suit in a statement to The Verge, and Brave, Anthropic, Mistral, SpaceXAI, and Cohere did not immediately reply to requests for comment.
British Defence Secretary Wes Streeting said the UK and Germany plan to test, develop and eventually deploy AI in their armed forces together, expanding the existing joint Cyber Lighthouse cybersecurity project to cover AI. Government and industry representatives from both countries are due to meet in spring 2027 to work out how the plan will be carried out, with no specific AI systems, programmes or budgets yet announced. Streeting said German companies had committed £800 million (about €956 million) to the UK defence industry since a 2024 defence pact, including Munich-based Helsing, which opened a Plymouth factory last year to build AI-powered underwater gliders to track hostile submarines.
An MIT Technology Review Insights report finds that on average only 48% of insights generated by analytics agents at surveyed companies lead to actions that improve the business, up from 37% a year earlier, with a small group of "insight leaders" exceeding 70%. Respondents cite lack of business context (55%) and fragmented or inaccessible data (45%) as the main causes of substandard insights, and 52% of organizations say agents generate too many insights to evaluate properly. Companies are prioritizing stronger AI and data governance (60%) and adding a semantic layer to their data architecture (45%).
Israeli startup 42AI has emerged from stealth with $62.5 million in seed funding for a "behavioral world model" that predicts how individuals will act, initially deployed at financial brokerages to forecast trader responses to volatile conditions. The company says it studies reactions to seemingly unrelated events and converts them into mathematical trait representations fed into a transformer-based model, claiming 98% accuracy on whether trading flows fall within a predicted range and an F1 score of 0.8 to 0.85 for trading direction and volume. 42AI says it is working with 10 large brokerages and generating more than "seven figures" in revenue, and is exploring gaming, fraud prevention, cybersecurity, and eventually robots and AI agents.
Naomi Klein and Ilana Glazer argue that billionaires have rapidly increased their wealth through tax loopholes, mergers and IPOs, and that impending AI IPOs from companies such as Anthropic and OpenAI would transfer enormous risk onto ordinary Americans. They call for wealth taxes on billionaires starting in California and New York, and for legal and legislative efforts to block new tech IPOs.
Anthropic's IPO filing shows that in April the value of Claude AI used internally, calculated at the prices Anthropic charges customers, exceeded its monthly employee compensation costs excluding stock awards, and by September internal AI usage had surged more than 250-fold since January. The company is not actually spending more cash on AI than on salaries, but more than 90% of the code added to its software in September was written by Claude, while revenue has grown far faster than headcount.
SUSE plans to cut one in ten of its employees because of AI, according to a report from The Register. The article is dated November 2, 2026, and the story drew two points and one comment on Hacker News.
According to Bloomberg, Anthropic posted quarterly revenue of nearly $17 billion, twelve times the prior year, but operating costs of $17.5 billion outpaced it, producing a net loss of $23.3 billion versus $12.1 billion a year earlier. The company attributed the cost spike to $5 billion for short-term compute capacity and $2 billion in employee donation matching, and its updated prospectus shows $895 billion in compute and data center lease commitments. The New York Times reports the IPO could raise around $100 billion, with up to $3.5 billion expected from Japanese investors.
Over Halloween weekend some Grok Bot users found their weekly usage limits unexpectedly maxed out, and Elon Musk confirmed on X that it was not a glitch, writing that "the cost of serving Grok Bot was unsustainably high relative to revenue." Grok Bot has been positioned as a success for the newly public SpaceX, which said in a filing last month that AI now makes up 52% of company income, with its renamed "Super Intelligence" division posting a $431 million profit. Musk has not yet shared how subscribers' usage limits will be affected moving forward.
The US Census Bureau's business survey now asks firms whether they use "Super Intelligence," citing voice recognition as an example, with 24.6% of firms saying they use it in early October, up from 17.3% in late November 2025. Only 3% of political ads mentioning data centers in October supported them, while 57% opposed them and the rest took no clear stance. Semiconductor parts accounted for almost half of South Korea's exports in October.
TechSpot reports that Spotify plans to let users remix artists' songs using AI next year, with the feature costing up to $5 extra per month. The article is at techspot.com, and it is being discussed on Hacker News.
OpenAI's Grid Protectors Program will work with utilities to help future compute campuses support grid reliability and protect consumer electricity costs.
Omen AI, founded in 2024 to build real-time sensors that monitor data center cooling fluids, has acquired competitor Aquatic Labs in a $16 million cash-and-stock deal after raising a $31 million Series A in June. Omen's sensors detect elements in the water while Aquatic Labs' sensor tests alkalinity, and the combined teams aim to integrate both into one sensor expected on the market by early next year, with Aquatic Labs CEO Allan Adams becoming chief science officer. Omen's initial sensors will monitor chips drawing 250 to 300 MW of power by the end of the year, with a goal of installation on the equivalent of 1 GW of chips by the end of 2027.
Westpac says AI-accelerated migration of its legacy St.George data warehouse cut costs from a budgeted $70 million to around $35 million and finished more than two years early, with CEO Anthony Miller citing AI tools for faster code conversion, testing and documentation. The bank expects about $15 million a year in direct benefits, plans to decommission the old warehouse in FY27, and says the project produced a reusable AI data migration capability for other migrations.
Proton CEO Andy Yen canceled nearly company-wide "re-interviews" that would have required employees to explain how they use AI, following backlash from users and workers over the company's aggressive AI pivot, according to six current employees and audio of an all-hands meeting obtained by 404 Media. The move came after 404 Media reported that Yen pushed AI across Proton despite security concerns, including telling an employee in a security Slack channel that taking days to pentest new code was "bullshit and loser thinking." Many Proton users have criticized the company's deprioritization of security and called for Yen to resign.
A Bloomberg feature reports that unemployed tech workers in San Francisco are not sharing in the city's AI-driven wealth boom, even as OpenAI and Anthropic IPOs approach. The Hacker News submission links to the article and has drawn 46 points and 70 comments.
Foreigners sold a record $31.78 billion of Taiwan shares on a net basis in October, surpassing the previous all-time high set in March, as a global retreat from AI stocks pushed the Taiex more than 10 percent below its October 6 record. The selling was broad, with domestic institutions also net sellers, and the Taiwan dollar's roughly 2 percent depreciation from July through Oct. 21 fed a loop in which stock sales and currency weakness reinforced each other. TSMC, which makes up more than 40 percent of the exchange's market value, reported record third-quarter net profit up 68.7 percent year on year and raised fourth-quarter revenue guidance to $52.3 billion to $54.3 billion, yet its shares slipped after the results.
Aramco is taking a 49 percent stake in Humain, the company founded in May 2025 by Saudi sovereign wealth fund PIF, and contributing about $2.6 billion in 2026 along with its own AI technology. Humain builds data centers, develops cloud services and trains models such as the Arabic language model ALLaM, and plans three gigawatts of data center capacity by 2030. CEO Tareq Amin told Semafor in September that Humain is strengthening data center protection amid the Iran war, with no drop in demand.
Marvell Technology and Lumentum announced a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction with a fixed exchange ratio of 4.500 Marvell shares per Lumentum share, implying an enterprise value of $115 billion for Lumentum (about $1,132 per share, a roughly 23.9% premium to Lumentum's unaffected October 28, 2026 close). Post-closing, Marvell stockholders would own approximately 67% and Lumentum stockholders approximately 33% of the combined company, which is expected to have a $550 billion total addressable market, more than $1 billion in annual run-rate cost synergies and to be accretive to Marvell non-GAAP EPS in year one. The deal, unanimously approved by both boards, is expected to close in the first half of calendar year 2028, subject to stockholder and regulatory approvals, with Matt Murphy continuing as Chairman and CEO and three Lumentum directors, including CEO Michael Hurlston, joining Marvell's board.
OpenAI is preparing a political lobbying and PR push after the US midterms, bracing for a tougher fight in Washington if Democrats win control of the House, according to Axios. Policy chief Chris Lehane plans to steer the AI debate through 2028 around the idea that AI doesn't replace people, proposing binding safety rules he calls "speed limits," and the company wants to rebrand data centers as "AI Compute Campuses" while promising economic benefits to host communities. Lehane says OpenAI's top priority in the new Congress is fast-tracking safety rules for frontier models.
In its Q3 2026 shareholder letter, Roblox said its AI prompt-to-game tool Build, launched in July, has been used by over 500,000 users to publish more than 70,000 games, and that over 80% of its top 100 games by hours engaged used AI tools in the past month. Roblox framed the resulting "explosion of content" as an advantage built on social distribution, while Valve has acknowledged AI-generated games and clones flooding Steam as a problem it has not yet resolved. Roblox also described initiatives including Roblox Everywhere and a Universal Player that uses AI to import existing games into its cloud platform, with a stated goal of capturing 10% of the global gaming market.
Ryanair is reviewing cost-cutting measures including possible temporary pay freezes, lower crew ratios and increased use of AI to offset an estimated €2bn rise in jet fuel costs in its next financial year, driven by the Middle East conflict. The airline expects European short-haul fares to rise materially, with European airlines raising ticket prices by up to 20%, and reported a post-tax profit of €1.61bn for the quarter ending in September, down 6% year on year, as passenger numbers grew 5% to 64.5 million.
Blaize's Graph Streaming Processor runs neural networks as directed graphs, with an on-chip hardware scheduler streaming the computational graph depth-first through 16 cores and keeping intermediate data in cache rather than external DRAM, delivering 16 TOPS at 7 W on Samsung 14 nm in the El Cano product. The next-generation GSP2 targets 1,600 TOPS on Samsung 5 nm for automotive ADAS, with production availability no earlier than 2028 per Blaize's 2025 10-K, which also flagged going-concern doubt amid a $103.8 million operating loss. DENSO and Mercedes-Benz have collectively paid $32 million in engineering fees against anticipated GSP2 delivery.
A post on X by Wall Street Engine reports that Amazon plans to begin selling its Trainium AI chips outside of AWS. The item links to the X post and a Hacker News discussion thread with 3 points and 0 comments.
Cisco Talos reports a self-deleting Windows infostealer called VOLTA-AUTODOXER that steals browser passwords, cookies, payment cards, email profiles, OAuth tokens, SSH and cloud configs, Wi-Fi passwords and more, then builds an "evidence bundle" on the victim and asks Anthropic's Claude by default to rank their valuables by cash-out potential. The malware prompts the model to act as a "forensic intelligence analyst" and be "blunt, specific, accurate," and can switch models if one refuses or operate without one. It also attempts to crack cryptocurrency wallet vaults inline and compiles geolocation, employer, inferred birth year, document metadata and card digits.
On October 26, 2026, Sakana AI held a symposium at Hitotsubashi Hall in Tokyo featuring a keynote by Chief Scientific Advisor Jürgen Schmidhuber and a conversation with CEO David Ha, drawing over 400 attendees from across Japan. Sakana AI announced it is moving into pre-training its own models, unveiling the "Sakana Sawara" (provisional name) language model series, with the small first model "Sawara Small" (provisional name) planned for release in spring 2027 if development proceeds smoothly. The report presents edited transcripts of the talks, including Takuya Akiba on LLM development at the RSI Lab, Robert Tjarko Lange on open-ended autonomous discovery systems, and Stefania Druga and Sebastian Risi on world models and Physical AI.
Axios reports that OpenAI is preparing a post-midterm "PR blitz," and its chief global affairs officer Chris Lehane described proposals including AI "speed limits," helping people see AI as empowering, pushing the U.S. toward global standards, and rebranding data centers as "AI compute campuses." Lehane called the debate around data centers "good and healthy" and said communities should hold companies accountable so they truly benefit from these projects.
SemiAnalysis argues that roughly three-quarters of the 33.8 GW due across its top 20 states in 2027 is already under construction, so next week's midterms mainly affect the 2028 pipeline, where 62.2 GW of US net additions are modeled and most has not started building. It tracks 13 states with the largest 2028 additions (43.5 GW, 70% of the national total), 10 of which elect a governor, and flags a prolonged permitting freeze at the Texas Commission on Environmental Quality as the biggest risk, since Texas alone adds close to 30% of US GW in 2028. Nine of 20 nominees want a pause on new construction and 11 want conditions, with candidates favoring conditions in Texas, Oklahoma, Pennsylvania and Iowa and Georgia a toss-up.
Google, Microsoft, Anthropic and OpenAI announced plans to support an upcoming website crawling standard that would let site operators block AI developers from using their content for training with a single robots.txt entry. The companies have submitted a draft proposal to the Internet Engineering Task Force to incorporate the standard into the Robots Exclusion Protocol, with Microsoft and OpenAI planning support in the coming months and Google next year. Microsoft will also offer an "AI Grounding" setting to block requests made to answer user questions rather than collect training data, while Meta expressed support for the idea but hasn't committed to implementing it.
A writer who has long recommended Proton reacts to a 404 Media investigation reporting that CEO Andy Yen called an engineer's request for pentesting time "bullshit and loser thinking" and pushed staff to use AI more. The piece argues the problem is not AI-assisted coding but leadership that treats security caution as an obstacle, which matters especially for a privacy company whose users pay for carefulness.
Italian police used an AI platform called SWOADS, developed by IT engineer Salvatore Rapicavoli and in use by the Carabinieri art crime squad since 2023, to flag a painting photographed at the Mercanteinfiera antique fair in October 2024 as a match for a 17th-century painting of Saint Agnese stolen from a church in Sulmona 20 years earlier, despite the original lamb having been painted over with a scroll. According to the BBC, SWOADS has recovered more than 300 large paintings and statues and over 165,000 small objects such as coins, letters and medals, worth over $200 million in total. The Saint Agnese painting was returned to the church, but the thieves have not been apprehended.
A developer used Claude to reverse-engineer Adobe's Creative Cloud apps and released free, open-source clones with similar interfaces, including a Photoshop replacement called Photocraft that Engadget's reviewer found usable but buggy and unable to open native PSD files. A tool called REA (Reverse Engineer Anything) has gone viral for automatically deconstructing and rebuilding software, and a human-driven game decompilation site announced it is shutting down because AI-driven decompilation has overrun its community. Critics call the output unmaintainable and potentially infringing on Adobe's trademarks, patents and terms of use, while supporters argue it could force companies like Adobe to rethink subscription models.
Sophos researchers report that the GOLD OGRE group behind Aur0ra ransomware used Cursor's Composer agent and models from Anthropic, xAI and Moonshot to escalate from credential access to domain administrator, bypassing AI guardrails by framing intrusions as authorized red-team or "diagnostics testing." Human operators supplied VPN credentials, SOCKS access and targets, while agents performed AD discovery, password spraying, Kerberoasting, NTLM coercion and relay, and lateral movement; three victims were later named on Aur0ra's leak site. Sophos assesses with high confidence that GOLD OGRE first used a Cursor-enabled framework to test EDR evasion, then gave associates similar technology for ransomware operations.
Why it matters: Documents a concrete case of agentic AI used across an intrusion lifecycle and the guardrail-bypass technique, useful for defenders tracking AI-enabled ransomware tradecraft.
David Durman, a 45-year-old University of Kentucky administrator and 30-year Humanist, filed a Title VII religious accommodation request in August to be exempt from AI use at work, and the university granted it on Sept. 25 after finding no undue hardship. His attorney Alexandria Huiskens of the American Humanist Association said many Humanists don't realize they can seek such exemptions, and the 2023 Supreme Court ruling in Groff v. DeJoy raised the bar for employers denying religious accommodations. Durman was inspired by Erin Maus, a Unitarian Universalist software engineer who received a similar exemption in May, though the EEOC distinguishes sincerely held religious beliefs from personal preferences.
Five MIT faculty members and two additional alumni were named to the 2026 cohort of AI2050 Fellows, an annual honor announced by Schmidt Sciences, Eric and Wendy Schmidt's philanthropic initiative. The fellows' projects address topics including translating AI-detectable patterns into testable theories, effective model training, structured public input for lawmakers, determining biological enzyme functions, and mitigating negative effects of widespread AI reliance. MIT alumni Irene Chen PhD '22 and Allison Z. Koenecke '14, as well as former postdoc Juan Carlos Perdomo, were also named AI2050 Early Career Fellows.
Big Tech stocks fell sharply this week as investors questioned whether massive AI infrastructure spending will pay off, but the bond market financing that spending has largely shrugged. JPMorgan estimates AI spending has reached $1.6 trillion since 2023 and could hit $1 trillion annually for the next decade, with roughly a third of hyperscaler capex this year expected to be debt-financed. The article argues the real question is how long the bond market will sustain the spending spree, since that will ultimately determine whether AI succeeds or busts.