Saturday, November 7, 2026 - 5 Minute AI News

OpenAI secures $11 billion at a $1.25 trillion valuation, Thinking Machines debuts its Inkling 2 Small model, and China targets Nvidia's CEO in a corporate espionage effort.

1. OpenAI Secures $11 Billion Funding Round at $1.25 Trillion Valuation — OpenAI has raised $11 billion in a new funding round that values the company at $1.25 trillion. The firm is increasingly courting private investors amid a saturating capital market.
2. Thinking Machines Releases Inkling 2 Small Amid $5 Billion Funding Push — The startup founded by Mira Murati launched an open-weight 594 billion-parameter model for AI training tasks. The company is concurrently raising a $5 billion funding round led by Accel.
3. Chinese Intelligence Recruits Megaspeed Executive to Spy on Nvidia CEO — China's Ministry of State Security targeted Jensen Huang to gather intelligence on American AI chips. The espionage attempt has prompted a congressional inquiry into the Nvidia chief's ties.
4. Anthropic Faces IPO Valuation Pushback as Enterprise AI Spending Stalls — Investors are questioning Anthropic's $1.5 trillion target valuation as data shows enterprise AI spending plateauing. Price cuts and strict cost controls are decoupling AI usage from revenue growth.
5. Meta Launches Spaces Feature to Create Custom Apps in Muse — Meta's new Spaces feature allows users to build customized, app-like collaborative environments within the Muse agent. The update transforms the chat interface into a platform for dedicated mini-applications.

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