Anthropic told its own investors something uncomfortable this week. Its amended filing says artificial intelligence now speeds its research almost twice as fast as before1. This faster pace would squeeze two years of normal progress into one.
Ten stories moved today. Nvidia's board is still deciding whether Jensen Huang keeps his job. Meta already handed its own data centers to someone else. Read all ten, and the same thread holds: AI's biggest companies are deciding who runs them and who checks their own work.
Anthropic Says It Met Its Own AI Threshold
Anthropic's amended IPO filing crossed a line the company set for itself years ago. The filing says artificial intelligence now speeds Anthropic's own research almost twice as fast as it once did1. "We made a determination that we have met this threshold," the company wrote2.
METR, an independent testing group, measured the real pace at 1.9 times normal1. The nonprofit calls the earlier defense of that threshold overstated. Crossing the line brings tougher safeguards, the policy's own remedy. Anthropic still priced its stock at $70 to $78 a share the same week, aiming for a $1.4 trillion valuation2.
Anthropic's AI research now runs 1.9 times its old pace
Rate of model-improvement progress at Anthropic, 2018-2024 baseline against METR's October 2026 estimate
Each column is the speed of Anthropic's research measured against its own 2018-2024 rate; the second column is almost double the first.
Source: Tech Times [1]. Chart by Ryan Elliott Dennis.
The numbers behind this chart
| Item | Value |
|---|---|
| 2018-2024 baseline | 1x |
| October 2026 pace | 1.9x |
Andrew Curran@AndrewCurran_Anthropic updated its S-1 again this morning. They have now met their Responsible Scaling Policy threshold based on internal estimates that indicate they 'may experience a further increase in the rate of progress' in the imminent future. We are taking off. pic.twitter.com/66mcbQad48
Nvidia's Board Hunts a Jensen Huang Successor
Baird cut its Nvidia price target 60 percent this week, to $200 from $5003. Analyst Tristan Gerra pointed to Jensen Huang's uncertain future and cooling AI spending. Morgan Stanley pulled Nvidia from its own top pick list the same day.
Nvidia's board is working with an outside firm to find candidates who could replace Huang6. Senator Kevin Cramer wants him gone now. "This is a guy that's right now so vulnerable to extortion, blackmail. I just don't think, as a national security matter, we can run the risk," Cramer said4.
Patrick Moorhead reads the risk differently. He runs Moor Insights & Strategy. "In 35 years, I haven't seen a chip CEO with this much direct influence on export policy," Moorhead said5.
Meta Hands Its Data Centers to an AWS Veteran
Santosh Janardhan built Meta's infrastructure operation since 2009. He told staff this week that David Brown, a former Amazon Web Services executive, takes over in 20277. Brown joined Meta in July.
"Dave has spent his career building and operating dependable infrastructure for a wide range of demanding workloads. He has the instincts, depth and judgment this moment requires," Janardhan wrote in his memo7.
The handoff lands beside a financial warning. Meta logged negative free cash flow of $2.12 billion last quarter7. Its 2026 budget for data centers runs $135 billion to $145 billion, a $140 billion midpoint. That is nearly double the $72.22 billion it actually spent in 202516.
S&P Global Ratings cut Meta's credit outlook to negative over exactly that spending8. "If capex remains elevated and continues to grow at a faster pace than we expect, credit profiles will continue to weaken and cash flows will be negative," said Naveen Sarma, the agency's media and telecom sector lead.
Meta's 2026 data center budget nearly doubles last year's $72 billion
Meta's capital expenditures, actual 2025 spending against the midpoint of its 2026 guidance
Each column is Meta's spending on data centers and equipment for the year; the lighter 2026 column is an estimate, the midpoint of guidance, and stands almost twice as tall as 2025's.
The 2026 figure is the midpoint of Meta's guidance range, issued Oct. 21, 2026, and the year remains open.
Sources: CNBC [7]; AITech Model [16]. Chart by Ryan Elliott Dennis.
The numbers behind this chart
| Item | Value |
|---|---|
| 2025 actual | $72.22B |
| 2026 midpoint (estimate) | $140B |
OpenAI Crosses $10 Billion and Still Loses More
OpenAI's revenue reached $10 billion in the third quarter9. That's a jump of nearly 50 percent from the prior quarter. The company now runs at a $50 billion annual pace. More than a billion people use its products.
Growth brought bigger losses with it. OpenAI's adjusted operating margin ran negative 109 percent in the quarter, an improvement from negative 150 percent before it9. Bigger revenue and bigger losses are climbing the same chart together.
CoreWeave's Interest Bill Outgrows Its Revenue
Revenue jumped 168 percent this quarter at CoreWeave, to $3.66 billion10. Its backlog of signed contracts reached $132.5 billion. Growth this fast usually reads as good news.
Debt complicates the read. CoreWeave's net interest expense hit $846 million, nearly four times its $207 million in operating income10. The company carries $46.9 billion in total debt.
Revenue climbed 168 percent. The interest bill climbed faster.
OpenAI's Own Engineers Lean Hardest on Codex
OpenAI studied its own workforce and found a gap. The average employee now sends more than 85 percent of their AI output through Codex, its coding agent11. Company-wide, Codex handles 99.8 percent of weekly output tokens.
Paying customers barely touch it by comparison, OpenAI's own research found11. The company that built the agent is the company using it the most.
Google DeepMind Ships Three Tools in One Day
DeepMind released three research tools together on Tuesday. Gemini Robotics 2.5 learns tasks like laundry sorting and automotive packing12. AlphaGenome 2 predicts how DNA changes affect specific human cell types.
Apptronik tested the robotics model on its Apollo 2 humanoid. "This is what we built Apollo for: useful work alongside people in real industrial settings," said Jeff Cardenas, Apptronik's chief executive. "Pairing Apollo 2 with Gemini Robotics, we saw the models improve dramatically in just a few weeks of post-training and carry over to Mercedes-Benz production with very little drop-off," he said12.
OpenAI Buys a Travel Agent and Its Founder
Francis Davidson founded Sonder, then founded the travel startup Odessia less than a year ago13. OpenAI bought Odessia this week, and Davidson joins OpenAI to work on travel. Terms stayed private.
Odessia had raised $6 million from Sequoia Capital13. Its standalone service shut down the same week OpenAI announced the deal. A founder who built two travel companies now builds inside someone else's.
Apple Puts Its Engineers on an AI Allowance
Engineering teams at Apple got a smaller daily AI spending cap in October14. The new cap is $200, down from $300. More cuts are coming. Some allowances could fall to $100 a day.
Most engineers stayed under the old $300 limit anyway, Apple's own account shows14. The company wants wider AI use inside its walls, even as it shrinks the budget for it.
Eminem and Elvis Take Suno to Court
Eight Mile Style sued the AI music company Suno this week15. It seeks $47.7 million over 269 Eminem songs. Elvis Presley Enterprises filed its own suit the same day, seeking more than $202 million.
Both complaints read like one voice. "Suno's business model was admittedly and clearly: infringe now, make billions by being the first mover, and try to settle on the cheap later," both filings state15.
Elvis Presley Enterprises went further on the voice itself. "Suno has stolen Elvis' voice, his image, and likeness ... as well as his copyrighted works on, literally, a breathtaking scale, and must now be called to answer for its theft," the filing states15.
Elvis's estate seeks 4 times what Eminem's publisher claims from Suno
Damages sought in two Nov. 6, 2026 federal lawsuits against the AI music company Suno
Each bar is the dollar total one lawsuit seeks from Suno; Elvis Presley Enterprises asks for the longer bar.
Source: Music Business Worldwide [15]. Chart by Ryan Elliott Dennis.
The numbers behind this chart
| Item | Value |
|---|---|
| Eight Mile Style (Eminem) | $47.7M |
| Elvis Presley Enterprises | $202M |
What to watch
Congress set a deadline of its own this week: two House committees asked Huang to agree to a closed briefing. Anthropic prices its IPO on Nov. 18, when the market answers whether a safety disclosure changes what buyers will pay. Meta's next earnings call will show whether David Brown's hire eases the credit worry S&P already raised, or deepens it.
Sources
- Devin Culbertson, "Anthropic AI Acceleration Hits 1.9x on Benchmarks; METR Calls Anthropic Threshold Defense Overstated," Tech Times, Nov. 6, 2026, https://www.techtimes.com/articles/330164/20261106/anthropic-ai-acceleration-hits-19x-benchmarks-metr-calls-anthropic-threshold-defense-overstated.htm
- "Anthropic Says AI Safety Alarm Has Been Triggered in IPO Filing," JournalArta Global, Nov. 11, 2026, https://journalarta.com/en/2026/11/11/anthropic-ai-safety-threshold-ipo/
- Cris Tolomia, "Nvidia stock got a rare Wall Street downgrade over Jensen Huang CEO concerns," Quartz, Nov. 11, 2026, https://qz.com/nvidia-stock-baird-downgrade-jensen-huang-ceo-111126
- "Jensen Huang affair in D.C.: Resignation calls and moves to tighten Nvidia China exports," CNBC, Nov. 11, 2026, https://www.cnbc.com/2026/11/11/nvidia-jensen-huang-congress-resign-ai-chips.html
- "Jensen Huang's affair with alleged Chinese spy further complicates Nvidia's China problem," CNBC, Nov. 10, 2026, https://www.cnbc.com/2026/11/10/jensen-huang-nvidia-china-ties.html
- "Nvidia's stock drops as board reportedly preps to oust CEO Jensen Huang," TechCrunch, Nov. 11, 2026, https://techcrunch.com/2026/11/11/nvidias-stock-drops-as-board-reportedly-preps-to-oust-ceo-jensen-huang/
- Jonathan Vanian, "Meta head of infrastructure will leave and be succeeded by former AWS cloud exec," CNBC, Nov. 11, 2026, https://www.cnbc.com/2026/11/11/meta-infrastructure-departure-aws-cloud.html
- "S&P Downgraded Meta's Outlook From Stable To Negative, Citing High AI Capex," Implicator.ai, Oct. 31, 2026, https://www.implicator.ai/s-p-downgraded-metas-outlook-stable-negative-citing-high/
- "OpenAI's quarterly revenue reportedly crosses $10B for the first time," TechCrunch, Nov. 11, 2026, https://techcrunch.com/2026/11/11/openais-quarterly-revenue-reportedly-crosses-10b-for-the-first-time/
- "CoreWeave Q3 2026 Earnings, Financing, Nvidia Backlog," ConvergeDigest, Nov. 11, 2026, https://convergedigest.com/coreweave-q3-2026-earnings-financing-nvidia-backlog/
- "OpenAI's Codex Agents Now Dominate Its Internal AI Token Use," Remio.ai, Aug. 13, 2026, https://www.remio.ai/post/openais-codex-agents-now-dominate-its-internal-ai-token-use
- "Google DeepMind releases new advanced robotics AI model and next-generation gene prediction model," SiliconANGLE, Nov. 11, 2026, https://siliconangle.com/2026/11/11/google-deepmind-releases-new-advanced-robotics-ai-model-and-next-generation-gene-prediction-model/
- Evan Mercer, "OpenAI Acquires AI Travel Startup Odessia as Founder Joins," Unite.AI, Nov. 10, 2026, https://www.unite.ai/openai-acquires-ai-travel-startup-odessia-as-founder-joins/
- "Apple is reportedly cutting budgets for its internal AI usage," TechCrunch, Nov. 4, 2026, https://techcrunch.com/2026/11/04/apple-is-reportedly-cutting-budgets-for-its-internal-ai-usage/
- "Elvis Presley's rightsholders and other song owners sue Suno for more than $202m," Music Business Worldwide, Nov. 9, 2026, https://musicbusinessworldwide.com/elvis-presleys-rightsholders-and-other-song-owners-sue-suno-for-more-than-202m-alleging-its-ai-imitates-the-kings-voice-eight-mile-style-has-filed-a-separate-47-7m-suit-over-269
- Steve Levine, "Meta Capex 2026: How Guidance Moved From $115-135B to $135-145B," AITech Model, Oct. 26, 2026, https://aitechmodel.com/meta-2026-capex-guidance-135-145-billion/
