US nonfarm payroll employment rose by 165,000 in October, well above the 48,000 average monthly gain of the previous year, the Bureau of Labor Statistics reported.
By News Desk · Edited by Editorial Desk
Sources US Bureau of Labor Statistics · Trading Economics
Prospective Anthropic investors are discussing a $1.2 trillion to $1.3 trillion valuation for the Claude maker's initial public offering, down from the $1.4 trillion to $1.5 trillion range they gave bankers in October, Bloomberg reported.
By News Desk · Edited by Editorial Desk
Sources Bloomberg · Yahoo Finance (Bloomberg)
OpenAI has completed the first $11 billion portion of a new round that values the company at $1.25 trillion, Bloomberg reported, with the total round potentially reaching $20 billion.
By News Desk · Edited by Editorial Desk
Sources The Verge · Bloomberg
The S&P 500 rose 0.3 percent to 7,376.86 on Friday and the Nasdaq Composite gained more than 1 percent, while the Dow fell 0.4 percent, leaving the S&P 500 with its worst week since June.
By News Desk · Edited by Editorial Desk
Sources Yahoo Finance · Capital Brief
TSMC has begun drafting plans to produce 3D DRAM, an advanced memory that stacks cells vertically, after a request from Nvidia, The Information reported. The chipmaker is weighing new factories against buying an existing plant and converting it, and the effort is led by advanced-packaging vice president Hsu Kuo-chin.
By News Desk · Edited by Editorial Desk
Sources Bloomberg · Reuters via Investing.com
Microsoft has stopped renewing a contract to rent AI computing from Oracle and has been switching the capacity off over recent months, Bloomberg reported. People familiar with the arrangement said the rented hardware used older-generation Nvidia chips and no longer met Microsoft's specifications, while Oracle said demand for its AI infrastructure, including earlier-generation GPUs, remains strong.
By News Desk · Edited by Editorial Desk
Sources Bloomberg Law · Reuters via Investing.com
Hamburg beat Borussia Mönchengladbach 3-1 at the Volksparkstadion to open matchday 9, ending their own poor run and leaving Gladbach bottom with a seventh defeat in nine games.
By News Desk · Edited by Editorial Desk
Sources Bundesliga
Real Madrid visit Valencia on Saturday bidding for an eighth consecutive win in all competitions; a victory would draw them level with Barcelona on 30 points before the leaders face Atlético Madrid on Sunday.
By News Desk · Edited by Editorial Desk
Sources Real Madrid · Al Jazeera
Cloudflare reported third-quarter revenue of $782.5 million, up 39 percent from a year earlier and its fastest growth in nearly four years, crossing $3 billion in annualised revenue.
By News Desk · Edited by Editorial Desk
Sources Cloudflare · The Next Web
Airbnb reported third-quarter revenue of $4.87 billion, up 19 percent, with gross booking value of $27.7 billion and net income of $1.9 billion. Adjusted EBITDA was $2.51 billion at a 52 percent margin.
By News Desk · Edited by Editorial Desk
Sources Airbnb · StockStory
Moonshot AI has published the full weights of Kimi K3.1 Pro on Hugging Face, a 2.8-trillion-parameter mixture-of-experts model that activates about 104 billion parameters per token with a context window of roughly one million tokens.
By News Desk · Edited by Editorial Desk
Sources Hugging Face · ArtificialWatch
Thinking Machines released Inkling 2 Small, a mixture-of-experts model with 594 billion total parameters and 17 billion active, image input and adjustable reasoning effort.
By News Desk · Edited by Editorial Desk
Sources Thinking Machines Lab
Tencent released the full version of Hunyuan Hy4, a 770-billion-parameter mixture-of-experts model with a one-million-token context that can read charts, screenshots and documents and operate command-line and graphical interfaces.
By News Desk · Edited by Editorial Desk
Sources Tencent Hunyuan · TechNode
A shipment of Nvidia hardware valued at $11.4 million disappeared after leaving Oakland on 29 August for Fort Worth, Texas. Six pallets were collected as scheduled by a truck carrying the logo of a food transport company, and investigators lost the vehicle in San Bernardino County; Oakland police confirmed a grand theft report filed on 13 September.
By News Desk · Edited by Editorial Desk
Sources Ars Technica · Los Angeles Times
Bayern Munich visit Mainz on Saturday without Luis Díaz, Serge Gnabry, Jamal Musiala, Ndiaye and Saibari, with Harry Kane leading the line. Borussia Dortmund confirmed Serhou Guirassy will miss the visit of Elversberg with a muscular problem, joining Emre Can and Konstantelias on the sidelines.
By News Desk · Edited by Editorial Desk
Sources Bundesliga