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ITU AI resolution to be taken up in Doha

The International Telecommunication Union will convene its Plenipotentiary Conference (PP-26) in Doha, Qatar on November 9 as a treaty-making body, addressing resolutions including one on artificial intelligence. The piece traces the ITU's role as a global communications treaty organization since 1850.

CircleID ·

AI spending fears trigger software stock selloff; Cloudflare, MongoDB, Datadog plunge

Software stocks extended a selloff as investors worried about AI capital spending and slowing software bookings. Oracle filed to raise $20 billion in debt and equity, fueling concerns over AI spending and cash burn. Alphabet and Amazon earnings showed surging data-center outlays compressing free cash flow, and the Nasdaq posted its steepest monthly decline in over a year. Cloudflare fell 4.4%, MongoDB 3.5%, Datadog 4.4%, and JFrog 5.7%.

TradingView ·

Oracle to raise $20B in stock and notes

Oracle registered $10B in common stock and $10B in senior notes with the SEC to fund its AI buildout, sending shares down as much as 5.5% intraday. Though the funding target was disclosed at investor day, the formal filing heightened dilution and leverage concerns.

TradingView ·

Omen AI acquires Aquatic Labs for $16M

US data centers consume 17-19 billion gallons of water annually for cooling, a figure expected to triple in five years. After a $31M Series A in June, Omen AI is acquiring rival Aquatic Labs for $16M in cash and stock, combining their real-time water sensor technologies to automate cooling-fluid monitoring.

TechCrunch ·

OpenAI releases GPT-Rosalind-6 biology reasoning model

OpenAI released GPT-Rosalind-6, a frontier reasoning model for biology, drug discovery and translational medicine, offered only to vetted researchers. It reuses GPT-6 Astra's weights with no extra training, allows more dual-use biology queries while still refusing weaponization requests, and is rated High in bio/chem and Critical in cybersecurity under its Preparedness Framework.

Hacker News ·

Jobless tech workers left out of SF AI boom

A Hacker News discussion highlights laid-off tech workers being left behind in San Francisco's AI boom, underscoring a widening divide in tech employment as hiring shifts toward AI roles.

Hacker News ·
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