
Microsoft gives data centre hopefuls a pre-IPO reality check
The US tech giant calling time on its Nscale deal exposes faultlines running through this fast-growing area of the AI sector

The US tech giant calling time on its Nscale deal exposes faultlines running through this fast-growing area of the AI sector

Shares in Elice sink in Seoul, adding to rising concern about AI valuations

Perhaps, but not in the way you might think

Generative AI models run on powerful chips known as GPUs, which depend on stacks of specialized memory chips packaged with the processor. To meet growing demand for memory, Samsung is building a massive new semiconductor manufacturing complex in Pyeongtaek, South Korea. Three fabs already operate around the clock, and a fourth is coming online. Construction…

The current narrative around artificial intelligence in the workplace is largely driven by Silicon Valley. But treating the tech sector as an island misses the actual trends in technology adoption–tech is just the first industry in line. As generative AI and automation tools mature, the shifts currently reshaping software engineering and product management will inevitably…

All told, fintech startups raised $10.6 billion globally in the third quarter of 2026, down 28.4% from $14.9 billion in Q2 2026 and 21.4% from $13.5 billion in Q3 2025.

Founders can build billion-dollar businesses without venture capital by prioritizing customer revenue, pricing for quality, hiring exceptional talent and automating processes to scale efficiently, argues Nacho De Marco, who draws on his experience bootstrapping BairesDev, to emphasize financial discipline and a lasting commitment to solving customer problems as the foundations of sustainable growth.

Nace AI released Drex Max, a multimodal decision model that reads text and screenshots and returns calibrated probabilities. Nace reports 67.59 on Decision Index 0.3.2 at $0.06 per 1M input tokens.
The post Meet Drex Max: Nace AI’s Multimodal Decision Model for Computer-Use Agents with a Score 67.59 appeared first on MarkTechPost.

Inception released Mercury 3, a diffusion LLM it says runs at 1,068 tokens per second with a 1M-token context. On Inception’s own table it leads GPT-6 Luna and Claude Haiku 5.5 on 8 of 12 benchmarks.
The post Inception Releases Mercury 3 Diffusion LLM at 1,068 Tokens per Second appeared first on MarkTechPost.

Cloudflare has previewed Clairic, a System One extraction model on Workers AI that returns typed values with confidence scores in one forward pass. It costs $0.10 per million input tokens and charges nothing for output.
The post Cloudflare Releases Clairic, a System One Extraction Model on Workers AI appeared first on MarkTechPost.

Exa 3.0 is a search API upgrade from Exa. It adds a larger embedding model, Exa Lite at $4 per 1,000 requests, and Dynamic Highlights, and leads 8 benchmarks Exa ran itself.
The post Exa 3.0 Search API Tops Perplexity, Brave and Parallel on 8 Benchmarks appeared first on MarkTechPost.

Mayor Zohran Mamdani said Monday night that New Yorkers must resist the narrative that an AI takeover is inevitable and demand regulations that protect the public and put power back in their hands.

Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of marketing spend. Otter.ai said that it will use these funds for enterprise growth, go-to-market strategy, international expansion, and product innovation. […]

Yelp is embedding numerous new AI features into its app that can do everything from call to check on restaurant wait times to create personalized recommendations that remember your preferences.

Indian voice AI startups worry that giving a formal entry to ElevenLabs and Anthropic could deprive domestic companies of any credibility.

L&T Technology Services reported $120 million in annualised Engineering Intelligence revenue as EBIT margins rose to 16.3% in Q2 FY27.

Join us for a live Ask an Expert Q&A with Richard Waters, the FT’s tech writer at large, and George Hammond, the FT’s venture capital correspondent, at 8am (PDT)/4pm (BST) on Thursday October 22

US judge rules Abdulrahman Alfozan should not be released on bail after US government argued he had ‘considerable support from a foreign government’

AI start-up looks for more computing power from UK data centre group

“I think I have good news about the nature of neural networks.” With those simple words of optimism, Nick Cammarata, a researcher at the AI startup Goodfire, kicked off a 26,000-word blog post that has knocked the AI world on its head, sparking wild speculation as well as cautious (and not-so-cautious) celebration. Cammarata’s claim is…

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Until recently, you could divide internet users into just two categories: bots and people. Websites have long allowed bots to perform automated tasks, like capturing the content of web pages, but rules…

Enterprise AI companies relying on armies of forward deployed engineers are disguising labor-intensive services as scalable software, inflating recurring revenue and valuations while falling short of autonomy claims, argues Anurag Gurtu, co-founder and CEO of Airrived. In this guest commentary he urges buyers and investors to examine deployment costs and gross margins to distinguish sustainable software businesses from expensive staffing operations.

A continued boom in late-stage and growth funding combined with a surge in seed-stage funding helped buoy venture investment in Latin America for the third quarter of 2026, Crunchbase data shows.

MiniMax has released M3.1 Flash, a 428B-parameter MoE model with about 23B active parameters and a 1M-token context. API pricing is $0.15/$0.60 per 1M tokens, with weights due October 23
The post MiniMax Just Launched M3.1 Flash: 428B MoE Agentic Model at $0.15/M Input appeared first on MarkTechPost.

Learn how OpenAI is improving ChatGPT across low-resource programming languages, with new evaluations for software engineering, SQLite, and COBOL migration.

Around 80 pages on WhatsApp’s website exposed instructions that were designed for its chatbot, including “WHAT NOT TO SAY.” Meta says a bug caused the issue.

A judge ordered Abdulrahman Alfozan to remain in custody, likening the Saudi government’s offer to secure the former OpenAI engineer’s release to a “blank check.”

Democrats could win back control of Congress this November, and if they do, they’ll need to decide how to approach one of the country’s newest and thorniest political issues: AI. Polls predict Democrats will flip at least one chamber of Congress in the midterm elections, which would put committee leadership back in their hands. That […]

A hacker broke into more than 100 websites using an army of AI agents that mostly operated on their own, according to findings from the AI security firm Norforge. Though Norforge doesn’t name the targets, Reuters reports that the victims included companies like John Deere, SharkNinja, and Cummins. Concerns over AI-powered cybersecurity breaches have grown […]

Today, I’m talking with Illinois Gov. JB Pritzker, who has a lot of thoughts about AI, tech, and privacy. If you’ve been listening to the show, you know that one of my running theories is that those issues are driving a big and maybe kind of unexpected political realignment — and with the midterms coming […]

CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition – when investors demand 1,000 basis points more in yield than they’d get from government bonds. Last Tuesady Chamath “SPAC King” Palihapitiya noticed the distressed debt, and also asked whether the AI buildout was a private credit bubble. […]

The US is building more fossil fuel infrastructure than it has in a decade while renewable energy growth slows down, a new report shows. Electricity demand is also climbing faster than it has in more than a decade with more data centers, factories, and electric vehicles plugging into the grid. Despite those growing demands, the […]

Nvidia is leaning hard into the trend of enterprise companies wanting to run their own open models in their own data centers and also trying to make on-device, private AI agents a thing.

Fed up with ads, tracking, and sluggish interfaces, some smart TV owners are turning to AI agents to strip away bloatware and take back control of their TVs.

After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.