OpenAI's latest funding round received tepid interest from investors.
The deal values the AI lab at $1.25 trillion, less than the $1.4 trillion
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TLDR 2026-11-02
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BIG TECH & STARTUPS
OPENAI RAISES LESS THAN HALF OF $30 BILLION TARGET IN LATEST ROUND (3
MINUTE READ) [5]
OpenAI's latest funding round received tepid interest from investors.
The deal values the AI lab at $1.25 trillion, less than the $1.4
trillion valuation it had earlier hoped to achieve. Investors appear
to have grown pickier about which companies they want to back and on
what terms. The industry recently experienced a brutal selloff tied to disappointing earnings results from giants, including Google, Amazon,
and Intel.
CISCO GIVES 27-YEAR-OLD ENGINEER UNLIMITED AI TOKENS TO REWRITE 98%
OF THE COMPANY'S LEGACY CODE IN 24 MONTHS (2 MINUTE READ) [6]
Cisco has given Padmanabhan Krishnamurthy, a 27-year-old ex-startup
founder who joined the company through an acquisition, the job of
refactoring 98% of the company's legacy code within 24 months.
Krishnamurthy has four weeks to produce a proof of concept. He has
been given a budget of unlimited tokens to achieve the goal. Cisco is
looking to hire more employees that fit Krishnamurthy's mould.
🚀
SCIENCE & FUTURISTIC TECHNOLOGY
SPACEX NO LONGER NEEDS NASA, AND THAT'S A PROBLEM FOR AMERICA'S SPACE
AGENCY (34 MINUTE READ) [7]
NASA is no longer an indispensable customer for SpaceX. SpaceX is now increasingly disinterested in the US government for most contracts
outside of data services. The company is still fulfilling its existing contracts with the government, and at a lower cost and generally
higher reliability, but it is no longer signing many large new
contracts for spaceflight and services in the traditional launch and
in-space flight domains. It sees the vast bulk of its future revenue
coming from AI.
META REPORTEDLY BUILT A HUMANOID ROBOT PROTOTYPE THAT CAN DO
HOUSEHOLD CHORES (2 MINUTE READ) [8]
Meta's Max robot is designed to help out around people's homes. The
prototype was built with the help of a Chinese robotics company in
roughly three months. Powered by Nvidia's Jetson Thor chips, the robot
weighs roughly 106 pounds and is about 1.5 meters tall, and has a
display that can show facial expressions, a built-in speaker, and
hands designed to pick up small objects. Meta is already working on a
second prototype with updates to the design of the robot's torso and
hands, as well as a projector and additional sensors to help it handle
stairs better.
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PROGRAMMING, DESIGN & DATA SCIENCE
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POSTGRES 19 IS LATE, AND IT'S AI'S FAULT (5 MINUTE READ) [10]
Postgres 19 most likely won't be released until November and could
possibly be postponed further. Several large features were reverted
quite late in the beta period. AI has made it easier to identify bugs,
and this has resulted in a lot more bug reports that the PostgreSQL
committers have to work on. This has taken the focus off development
of new features, as the project cares about quality.
A PROPOSAL: HOW TO HIRE JUNIOR ENGINEERS IN THE AGE OF AI (11 MINUTE
READ) [11]
With product engineering, figuring out what the requirements are is
still most of the job. This post presents an interview model where
LLMs can be used in interviews to roleplay as customers, and engineers
talk to the models to extract requirements. The approach rewards
candidates who think of edge cases, approach things sideways, and
think about whole systems at once. It's relatively cheap and can be
used in conjunction with a standard human interview.
🎁
MISCELLANEOUS
SENIOR SOFTWARE ENGINEER, APPLIED AI AT TLDR ($300K BASE + $60K
BONUS, FULLY REMOTE) [12]
TLDR is hiring a senior engineer to build the agent-first operating
layer used across the company. We're looking for a builder who has
taken an LLM agent to production and still owns it. Click here to
learn more [13].
HOW BINANCE'S $6.3 BILLION HACK WENT DOWN (9 MINUTE READ) [14]
A string of unusual transactions started to cause alarm at Binance on
Thursday afternoon. Binance's top executives put together an informal
war room with about 100 participants in response and worked through
the night to navigate one of the most damaging crises in Binance's
history. The company was forced to halt deposits and withdrawals as
more than $6 billion was drained from the exchange. This article
details how the hack unfolded based on interviews with people with
knowledge of the events and analyses by crypto forensics firms.
DIGITAL MINIMALISM (17 MINUTE READ) [15]
Digital minimalism is about being intentional about how you access
digital technology. It is about making a conscious choice rather than
something that you get sucked into by default. We need social media,
the internet, and the web less than before due to AI, and there's so
much you can now do purely locally and offline. The flaws of the
previous paradigm are now reaching their apex, making digital
minimalism more and more necessary.
⚡
QUICK LINKS
RUN YOUR SHOPIFY STORE FROM CHATGPT, CLAUDE, OR GEMINI (SPONSOR) [16]
Shopify's Fall '26 Edition brings store connectors to nine AI agents.
Manage products, inventory, and orders from the chat, or turn an idea
into a storefront preview. Try it now. [16]
A RISING TIDE RAISES ALL RENTS (33 MINUTE READ) [17]
This post looks at how society could give everyone a stake in
productivity improvements in a way that still keeps the natural
self-regulation of the free market.
SHOPIFY REDUCES STRIPE DEPENDENCY (16 MINUTE READ) [18]
Shopify Shop Pay now works inside personal agents and for brands that
are not on Shopify.
WAYMO PICKS TOYOTA BZ4X AS ITS NEXT ROBOTAXI, STARTING IN JAPAN IN
2027 (5 MINUTE READ) [19]
Toyota will build a custom version of its bZ4X electric SUV with the
Waymo Driver integrated right on the line.
ROBOTICS' NEW ERA AFTER ASTRA (11 MINUTE READ) [20]
GPT-6 Astra can outperform several specialized robotics models
despite not being designed as a robotics foundation model.
THE OFFICE OF THE FRONTIER (39 MINUTE READ) [21]
The fight to regulate AI and reform American science runs through the
Office of Science and Technology Policy, an underutilized office run
by Michael Kratsios, who had previously worked with Peter Thiel.
MATHEMATICS HAS CHANGED. LET'S ACT LIKE IT (23 MINUTE READ) [22]
We are on the verge of a new era of mathematics as AI has opened up
many great new opportunities, possibilities, and reasons to be
optimistic.
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