Limited partners interviewed by the publication say they have abandoned venture capital's traditional diversification playbook, with many backing OpenAI and Anthropic simultaneously across multiple funds despite industry norms against overlapping bets. Beezer Clarkson of LGT Capital Partners and Amit Bhatti of TrueBridge both describe the current environment as unusually fast-moving, with LPs largely untroubled by the concentration risk given expected returns. The two did flag concern about how quickly VC firms are returning to raise new funds.
techcrunch.com
· 2026-10-31
OpenAI closed a new funding round that brought in less than half of its targeted $30 billion, according to reports. The round valued the ChatGPT maker at $1.25 trillion, below the $1.4 trillion figure it had been seeking.
wsj.com
· 2026-10-31
In a podcast interview with Cheeky Pint, OpenAI CEO Sam Altman argued that DRAM sitting idle in personal computers is a poor use of a globally limited resource, since it's only utilized a small fraction of the time. He said that in a supply-constrained environment, memory should instead be concentrated in cloud data centers for maximum utilization, pushing back against the idea that people should run AI models locally.
hardware.slashdot.org
· 2026-10-30
OpenAI announced it is doubling usage limits across its Pro 100, 200, and 500 tiers as well as Business Premium plans, effective immediately. The company said it will not cut usage limits for Pro 200 as previously planned, keeping Work and Codex usage unchanged, and will continue offering extended limits and separate usage tracking for its 'dots' feature.
androidauthority.com
· 2026-10-30
OpenAI CEO Sam Altman said in a Stanford Graduate School of Business interview, as reported by Fortune, that AI will replace huge numbers of tasks people currently perform and that this upheaval is actually a career opportunity for young people willing to adapt. He also criticized MBA students for chasing trends that were popular years ago instead of pursuing newer opportunities. When an interviewer noted that AI itself may already be the established 'cool thing,' the comment drew laughter from the audience.
futurism.com
· 2026-10-30
A developer has released spinf-serve, an Apache 2.0-licensed inference server that reads a piece of content once and answers many fixed-choice questions about it in a single pass, rather than generating text. It runs on a single 24GB NVIDIA GPU, offers an OpenAI-compatible API matching the existing hosted spinf service, and supports both open instruction models and dedicated decision models.
github.com
· 2026-10-30
OpenAI CEO Sam Altman said in an interview with YouTube channel Cheeky Pint that having DRAM sit idle in personal computers most of the time is a poor use of the world's limited memory supply. He argued that cloud data centers achieve far higher utilization of RAM than home machines running local AI inference 5% of the time.
tomshardware.com
· 2026-10-30
The four AI companies say they will support a new 'policy token' signal, proposed by Anthropic's Kevin Kelley through the Internet Engineering Task Force, that lets publishers set AI training preferences once within their robots.txt file rather than contacting each company separately. Anthropic has already adopted the signal, OpenAI says it will implement it, and Google and Microsoft plan to support it next year, with Microsoft also offering separate controls for AI training versus AI grounding.
theverge.com
· 2026-10-30
The Wikimedia Foundation has submitted an amicus brief in The New York Times' copyright lawsuit against OpenAI and Microsoft, proposing a middle ground between the two sides. The brief argues fair use should apply to certain AI training scenarios and retrieval-augmented generation, but not when an LLM reproduces articles verbatim without attribution.
engadget.com
· 2026-10-30
OpenAI CEO Sam Altman said on the Cheeky Pint podcast that people running AI models locally on personal computers is an inefficient use of the world's limited DRAM supply. He argued that cloud-based inference through hyperscalers achieves better utilization than individual users hoarding memory chips for home use. His remarks came as Intel shares fell nearly 30 percent Friday amid a PC market slowdown that analysts linked partly to AI-driven component shortages.
futurism.com
· 2026-10-30
OpenAI CEO Sam Altman said on the Cheeky Pint podcast that he sympathizes with mathematicians overwhelmed by the company's flood of AI-generated math results, but that OpenAI will keep publishing them. He argued the public's right to scientific knowledge outweighs the disruption caused, while admitting OpenAI needs to improve how it communicates its findings.
theverge.com
· 2026-10-30
The Wikimedia Foundation filed a court brief in lawsuits brought by publishers including The New York Times against OpenAI and Microsoft, declining to back either side. It argued that AI firms should be allowed to train models on copyrighted material under fair use, but that chatbots reproducing that text verbatim to users—without honoring Creative Commons attribution terms—cross a legal line.
theverge.com
· 2026-10-30
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