Thinking Machines Lab debuts Inkling 2 Small, a MoE model
Thinking Machines Lab debuts Inkling 2 Small, a MoE model with 594B total and 17B active parameters, and plans to release weights next week after safety testing
TL;DRNew open-source AI model with efficient architecture launching next week with public weights.
Why it matters: Smaller active parameters mean cheaper inference; open weights accelerate competitive AI development outside big labs.
The Nasdaq 100 drops 6%, losing a record $2.3T in value, and
TL;DRTech stocks crashed hard as investors worry the AI boom is overblown.
major investors are increasingly skeptical Anthropic's IPO can achieve
TL;DRAnthropic's expected IPO valuation may drop from $1.5T to around $1T due to market conditions.
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2New York Times may buy Letterboxd, a movie review social platform, for $330 million.
Cloudflare reports Q3 revenue up 39% YoY
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Meta, Google, and TikTok sue California AG over teen social media law
2Tech giants are fighting California's law restricting social media for kids under 16.
Applebee's Exposed Customers' Personal Data
Applebee's left database password in app code, exposing customer data.
NYT has entered exclusive negotiations
New York Times negotiating to buy Letterboxd, the movie-rating site, for around $330M.
Cyera’s $800 Million Haul Shows Cyber Fever Hasn’t Broken
Cloud security startup Cyera raised $800M at $20B valuation despite market skepticism.
T-Mobile owner on Elon Musk launching a wireless carrier: ‘Welcome
T-Mobile's CEO welcomes Starlink Mobile but doubts it'll become a major US carrier.
Airbnb reports Q3 revenue up 19% YoY
Airbnb beat Q3 expectations with $4.9B revenue, up 19%, and raised 2026 outlook.
Tiger Global, Whale Rock, D1 Battered by AI Jitters in October
Top hedge funds lost money in October as AI investment concerns shook markets.