Apple's new leader John Ternus says Apple won't ship AI just for the sake of it

In an interview with Steven Levy at Wired, John Ternus said Apple doesn't "want to ship AI for AI's sake". Wired calls him Apple's new leader and a "product guy". He said Tim Cook is "available to help wherever I ask" on policy. He has not yet met President Trump.

OpenAI reportedly lowers the target for its latest funding round

The Wall Street Journal reports, citing sources, that OpenAI has about $11 billion in commitments for its latest round. That is less than half of its first target of $30 billion. The round values OpenAI at $1.25 trillion, below the $1.4 trillion it had aimed for. The Financial Times reports that OpenAI now wants about $20 billion, after some investors cut their commitments during a sell-off in AI stocks. The WSJ says OpenAI expects to raise more in the coming weeks.

Nvidia may guarantee loans for an Anthropic data centre that Nscale is building

The Information reports that Nvidia is in talks to guarantee billions of dollars of debt for AI cloud company Nscale's planned campus in West Virginia. Bloomberg later reported the same. If Nscale stopped paying for construction, Nvidia would temporarily take over the site and help find a buyer and a new tenant. According to Nscale's stock market filing, Anthropic has signed a $44.6 billion contract for the first 460-megawatt building alone. Nscale wants to go public at a value of up to $35 billion. In August it had about 25,000 advanced AI chips running, far short of the nearly 500,000 it plans. The Wall Street Journal separately reports that Nscale, CoreWeave and Nebius have in effect been shut out of the bond market in recent weeks.

AI hosting startup Baseten reportedly raising $2 billion at up to a $30 billion value

Bloomberg reports, citing people familiar with the plans, that Baseten is raising about $2 billion in two parts. One part values the company at $26 billion and the other at $30 billion. In June, Baseten was valued at $13 billion after raising $1.5 billion.

Intel expects PC sales to keep shrinking into 2027 as memory prices rise

Intel reported third-quarter revenue of $16.5 billion, up 21%. Its data centre and AI chip sales rose 78% to $7.3 billion. Its forecast for the fourth quarter was $15 billion to $16 billion, below the roughly $17 billion analysts expected, partly because of a plant shutdown in Israel. Intel's shares fell about 29% on Friday to $65.76. Intel expects PC unit sales to fall about 12% this year and reportedly sees another 10% drop in 2027. It blames pricier memory and storage chips. CFO David Zinsner said the PC slowdown will continue at least through the first half of next year.

Anthropic says a tampered Claude Code add-on in Cursor's store wasn't built by Anthropic

Anthropic's Felix Rieseberg says a malicious actor used access to the marketplace of Cursor, a code editor, to publish a tampered copy of the Claude Code extension. Anthropic says it did not build or publish that copy. It says this was not a break-in to Anthropic's systems or employees' laptops, and that it is working with Cursor on the incident.

Document site Scribd tells users their partial card details may have been accessed

A user posted on Hacker News a notice from Scribd, Inc., the owner of Scribd, Slideshare, Everand and Fable. The notice says an unauthorised third party may have accessed email addresses, the last four digits of credit cards, card issuer, expiry date, country and payment history. Scribd says it has no evidence the data was misused. It says it has closed off the access, told law enforcement and data protection authorities, and hired an outside security firm. Users report getting the email on different days.

NASA asks companies how they could save the Hubble Space Telescope

NASA has asked companies to describe how they could boost Hubble to a higher orbit, service it, or guide it to a controlled fall to Earth. Responses are due November 30. Hubble has no engines of its own. It has sunk from 583 km in 2002 to about 470 km, and it is likely to fall back in 2033 or 2034. NASA wants it raised to at least 600 km by 2032, which would likely keep it in orbit for at least 25 more years. NASA has not committed to buying a mission and has no money set aside for one.

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