Netflix to Lay Off About 1,000 Employees, or 6% of Its Workforce
The October 14 cuts hit product, technology, legal and HR; Netflix's memo did not cite AI.
By AIBW Desk
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OpenAI Fires Employee Accused of Planting a Recording Device in an Executive Conference Room
The FBI arrested the Saudi national, according to CNBC's October 13 report.
By AIBW Desk
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Get in TouchDell Falls 11% After Barclays Downgrade on ‘Enterprise AI Timing’
The analysts said strong enterprise revenue reflects higher memory costs more than new AI demand.
By AIBW Desk
CoreWeave Bond Yields Near 15% as Investors Sour on AI Debt
The neocloud's shares fell about 15.5% on October 14 and credit default swaps moved to distressed levels.
By AIBW Desk
FTC Sends Civil Subpoenas to OpenAI and Anthropic Over Safety Incidents
Axios reports the demands run more than 50 pages each, and the agency plans to compel executives to testify.
By AIBW Desk
Eight States Sue OpenAI Over ChatGPT’s Effects on Children
Attorneys general in Iowa, Kansas, Nebraska, West Virginia, Arkansas, Arizona, Idaho and Montana filed separate suits on October 14.
By AIBW Desk
Apple and Meta Team Up to Run Muse Spark Open on Mac Computers
The October 15 announcement pairs Meta's open-weight model with Apple silicon and two to four Mac Studios.
By AIBW Desk
Google Makes Gemini 4 Argon Broadly Available, With Introductory Pricing Ending November 30
The flagship model opened to paying customers on October 13 after two weeks of restricted access.
By AIBW Desk
Anthropic Reportedly Tells Investors Q3 Revenue Hit $16.8 Billion, Up About 45%
The figure, reported by the Financial Times, comes ahead of an IPO widely expected in November, and analysts flagged open…
By AIBW Desk
OpenAI Tells Investors Its Annualized Revenue Is Approaching $50 Billion, Not $70 Billion
The Financial Times report sent AI stocks lower on October 7 and 8 and revived questions about how labs count…
By AIBW Desk
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