The Next Web (1 hour ago)
Amazon has set up a supplier financing facility to borrow up to $80B against the hardware it buys, usable from 2027 to late 2028. It had a $42.4B free cash outflow in the year to September, and its spending commitments reached $883B.
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Apple says its first Apple Intelligence features will launch in China with iOS 27.3 in December, with a developer beta from 4 November. Alibaba’s Qwen model will work inside Siri, Writing Tools and Visual Intelligence. Siri AI and Apple’s newest features are not included.
Databricks and SAP are expanding their partnership, with Genie, Lakeflow, Unity Gateway and Lakebase coming to SAP Databricks. SAP’s new Application Data Foundation will make data from its business software easier to reach. No release dates were given.
An AI lab designed a virus, put it in a sick person, and then declined to say what happened.
Finding images using AI and without an internet connection
As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users’ privacy, says it will be shutting down in a week.
S&P lowered the outlook on Meta’s AA- credit rating to negative from stable, citing heavy AI spending. It expects Meta’s leverage to rise above 1.0x as soon as 2027, from about 0.1x last year. Meta says it disagrees.
Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, Bloomberg reports. Alphabet leads with more than $1T, followed by Meta with over $800B. Some of the leases run for 30 years.
Cognizant formed an OpenAI Frontier Capability Group of more than 25,000 staff to deploy Codex and ChatGPT for clients. It will focus on software engineering, updating old systems and customer service. The move comes 11 days after Cognizant put 18,000 staff behind Google’s Gemini.
New York has banned AI chatbots from pretending to be human with children. Bots also may not build emotional dependency, encourage self-harm or hold sexual conversations with them. Governor Kathy Hochul signed the law on Wednesday, with a second law on baby monitor security.
San Francisco’s Biological Computing Co. released TBC Mischief 1, an image-to-video model built on Wan 2.2. It says insights from living neurons make it about five times faster at the same quality, priced at $0.005 per second of video. It has not published independent benchmarks.
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