Palantir Technologies reported third-quarter results on Monday, November 2, that showed a company long associated with defense and intelligence work crossing a line it had never crossed before. Revenue for the quarter ended September 30 rose 96 percent year over year to $2.313 billion, up 20 percent from the previous quarter and past the $2 billion mark for the first time. Inside that total, U.S. commercial revenue climbed 148 percent to $984 million, overtaking U.S. government revenue of $953 million for the first time in the company's history.

Google and a coalition of security partners have disrupted a botnet of more than 1.3 million Android devices, most of them television set-top boxes, and Google says the infection was not an accident. In a report published on Monday, November 2, the Google Threat Intelligence Group said it assesses with high confidence that Videostrong Technology Co., a device maker based in Shenzhen, China, intentionally developed, deployed and operated the backdoor for financial gain, then sold access to criminal affiliates.

Anthropic filled in the blanks in its IPO paperwork on Monday, and the new numbers show a company growing at a pace few businesses ever reach — and spending almost as fast to keep up. In an amended Form S-1 filed with the Securities and Exchange Commission on November 2, the Claude maker reported revenue of 17 billion dollars for the three months ended September 30, up 1,127 percent from a year earlier. For the first nine months of 2026, revenue reached 33.24 billion dollars.

Marvell Technology announced on Monday that it will buy optical components maker Lumentum in an all-stock deal with an enterprise value of 115 billion dollars, including debt. It is one of the biggest technology deals of 2026, and among the boldest bets yet that the artificial intelligence spending boom will last for years — not on faster chips alone, but on the light-based connections that move data between them.

The safeguard was simple on paper. An AI agent could spend from a wallet, but only up to a daily cap set by its owner. Raising that cap required a one-time passcode emailed to the owner, so a person would stay in charge of the budget. In new tests from Cornell Tech and Yale, that safeguard collapsed for a straightforward reason: the agent could read the email too.

OpenAI is preparing a coordinated policy and public relations push to begin immediately after Tuesday's midterm elections, Axios reported on Sunday, in an effort to shape the next Congress and frame the debate heading into the 2028 presidential race.

Saudi Arabia has put its national artificial intelligence company under two of the most powerful owners in the kingdom. The Public Investment Fund (PIF) and Aramco announced on November 1 that they have closed a transaction in which Aramco, through a wholly owned subsidiary, acquires a 49 percent stake in HUMAIN, while PIF retains the remaining 51 percent.

Apple Intelligence is finally on its way to iPhone users in mainland China, and it will arrive with a local engine under the hood. Apple has confirmed that testing begins on November 4 in the next iOS developer beta, with a public release planned for December as part of iOS 27.3. Instead of the ChatGPT integration offered elsewhere, the China version plugs into Qwen, the family of AI models built by Chinese tech giant Alibaba.

Waymo's next robotaxi will be built by the world's largest automaker. Under a partnership announced on Friday, October 30, Toyota will manufacture the 2027 bZ4X electric vehicle and integrate Waymo's self-driving system at its Takaoka factory in Japan, putting the base vehicle and the autonomous hardware together under one roof instead of retrofitting finished cars after they leave the line.

Developers who use the Cursor code editor got a security warning that demands immediate attention this week. A trojanized version of Anthropic's Claude Code extension was distributed through Cursor's own extension marketplace as a routine update, and it tried to plant a persistent SSH backdoor on the machines that installed it. Cursor says at most 5,000 users received the malicious build during an exposure window of about eleven hours on October 29, from roughly 2:27 a.m. to 1:35 p.m. Pacific Time.