• Sources: Microsoft is in discussions to acquire LLM developer Inception; SpaceX also courted Inception, which is looking for a price of over $1B (Reuters)
• Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (Jordan Novet/CNBC)
• Mythos Preview is the first AI model to complete both of AISI's cyber ranges, which measure models' cyberattack capabilities; GPT-5.5 solved only one of them (AI Security Institute)
• Q&A with Anthropic CFO Krishna Rao on the "cone of uncertainty" in AI, allocating compute, returns to frontier intelligence, platform vs. application, and more (Invest Like The Best on YouTube)
• Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on OpenAI, including its investments and to build infrastructure (Bloomberg)
• LinkedIn says it has "implemented organizational changes"; source: LinkedIn plans to cut ~5% of its 17,500 full-time workers and focus on business growth areas (Reuters)
• Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised $400M, source says at a $3.4B valuation (Sean McLain/Wall Street Journal)
• Instagram rolls out Instants, which lets users share ephemeral photos, as an in-app feature and as a standalone Android and iOS app in select countries (Zac Hall/9to5Mac)
• Adaption, co-founded by ex-Cohere VP of AI research Sara Hooker, unveils AutoScientist, which can automate the research loop behind model training and alignment (Russell Brandom/TechCrunch)
• Anthropic launches Claude for Small Business, featuring a host of automated services like bookkeeping functions, business insights, and tools for ad campaigns (Lucas Ropek/TechCrunch)
• Microsoft unveils MDASH, a security system that orchestrates 100+ AI agents to find vulnerabilities, and says it identified 16 previously unknown Windows flaws (Gyana Swain/CSO)
• Sources: Mistral has been developing a cybersecurity-focused AI model and has held discussions about it with European banks, which don't have access to Mythos (Bloomberg)
• Sources: Arm and its parent company SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them (Bloomberg)
• The US FTC says Shutterstock will pay $35M to settle charges that Shutterstock misled consumers about its subscription plans and made it too difficult to cancel (Jonathan Stempel/Reuters)
• OpenAI endorses the Kids Online Safety Act and Illinois SB 315, an AI safety bill to establish requirements around transparency, incident reporting, and more (OpenAI Global Affairs)
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| • KitchenAid launches its first smart thermometer
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