Tech

Binance says $6.34 billion hack recovery came entirely from its own balance sheet

Binance says it used $6.34 billion from its corporate treasury to replenish users’ funds affected by a major security breach, without borrowing, selling assets...

Musk says Grok Bot usage limits were cut because costs ran too high

Elon Musk explained that xAI reduced Grok Bot usage limits because the cost of operating the service had become unsustainable relative to the revenue...

Anthropic narrows quarterly loss as revenue jumps ahead of Nasdaq IPO

Anthropic, the company behind the Claude models, generated approximately $17 billion in revenue in the third quarter of 2026, representing growth of more than...

SBI Plans $100 Million Investment in US Digital Bank Erebor

SBI plans to invest $100 million in Erebor, a US digital bank. According to SBI, Erebor held more than $7 billion in deposits in...

42AI exits stealth with roughly $63M to build AI that forecasts human behavior

The Israeli startup 42AI, based in Tel Aviv, has emerged from stealth after raising approximately $62.5 million to $63 million in total funding, including...

Sam Altman says AI is now mostly smarter than top scientists

At the ADIPEC conference in Abu Dhabi on November 2, 2026, OpenAI CEO Sam Altman said AI models were now mostly smarter than the...

Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

Trezor has increased the maximum length of the passphrases used to protect its hardware wallets from 50 to 128 characters. The update, announced on...

Meituan releases LongCat-2.5, a 1.6 trillion parameter multimodal model built for agentic work

Meituan has launched LongCat-2.5, a multimodal artificial intelligence model with 1.6 trillion parameters, available through an API. It activates approximately 48 billion parameters per...