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Monday, 2 November 2026
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Hyperbolic, which lets companies rent AI compute across ~30 neoclouds

Hyperbolic, which lets companies rent AI compute across ~30 neoclouds, raised a $30M Series A-1 led by Lip-Bu Tan's Walden Catalyst; it has raised $50M to date

TL;DRStartup lets companies rent AI compute from multiple cloud providers instead of one.

Why it matters: Reduces vendor lock-in, increases competition, and could lower AI infrastructure costs significantly.

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1h

Broccoli AI, which sells AI agents

Plumbing startup Broccoli AI raised $52M across two funding rounds, hitting $300M valuation.

1h

Letter: the White House argues it doesn't have

White House won't fully disclose its AI testing framework draft, citing security and business secrets.

21m

Salesforce to Buy Defense Tech Startup, Extending Acquisition Streak

Salesforce is buying defense tech startup Rune Technologies for $375 million to expand military software offerings.

25m

Oaktree’s Howard Marks Says AI Stumbles Have Boosted Skepticism

AI hype is cooling after recent market setbacks, according to a major investor.

25m

Experts Expect 'Security Reckoning' As AI Tools Find And Exploit

AI is getting better at finding and exploiting software vulnerabilities faster than security teams can patch them.

1h

Macquarie Executive Sees AI Fast-Tracking Junior Analyst Careers

AI won't replace junior analysts at Macquarie; it'll accelerate their career progression.

1h

UBS Asia Wealth Chair: Hiring Selectively Amid Growth

UBS is hiring carefully in Asia Pacific despite strong regional growth.

1h

Capital Group: Will Open Mideast Office in November

Capital Group opening Middle East office in November to chase investment opportunities and wealthy clients.

1h

Binance Reopens to $3.64 in Net Outflows. '98% Choose to Stay', Says

Binance lost $3.64 billion in net outflows after reopening following a $6.3 billion hack.

1h

Singapore’s STTGDC Eyes $2.4 Billion Loan, Adds to AI Debt Binge

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