Thursday, October 22, 2026
OpenAI is nearing a funding round of up to $30 billion that would value it at $1.25 trillion, according to people familiar with the talks. Investors from the UAE and Coatue are leading the round as OpenAI considers going public and seeks more computing capacity.
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Third-party AI agents are reportedly accessing US bank accounts, and unnamed bank sources say some have acted without clear customer instructions. Several major banks are limiting or blocking agent access to reduce the risk.
1Password introduced a system that lets AI agents sign in to accounts for tasks without seeing users’ passwords or other login details. Users must approve each request, and access is limited to specific items for one session.
Meta plans to create a new class of shares that carries no voting rights and distribute them to current shareholders. The company says it could use the shares to raise money for its AI expansion without changing who controls shareholder votes.
Researchers using AI found two serious security flaws in PHP, a language used by about 70% of websites. PHP’s maintainers released fixes for bugs that could let attackers take over servers without logging in.
Anthropic says LLMs can make formal software verification practical for far more projects. Its Claude model found and patched bugs, then produced mathematical proofs about crash safety for code from 123 open-source libraries under specific conditions.
Microsoft AI chief Mustafa Suleyman says its diagnostic system got 83% of difficult simulated cases right, compared with 36% for individual generalist doctors. Specialists were not included in the comparison, and Microsoft plans hospital tests as Suleyman works toward AI that could outperform medical teams.
DeepSeek has reportedly raised about $15 billion, with CATL and Tencent named as possible investors. The funding comes two days after U.S. officials ordered federal agencies to remove its AI tools because of security concerns.
Formic raised $50 million in new funding to put more AI-powered robots to work in U.S. factories. The company plans to move beyond robots built for specific jobs and expand its service, which already operates in more than 100 facilities.
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