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OpenAI plans to raise $30 billion, targeting a $1.4 trillion valuation

According to Reuters citing people familiar with the matter, OpenAI is accelerating its fundraising and plans to raise about $30 billion from investors, with its valuation expected to exceed $1.4 trillion, with SoftBank Group and MGX participating. OpenAI is pitching investors on $50 billion in annualized revenue and expects annualized revenue to reach $70 billion by year-end as the GPT-6 Astra model launches. The fundraising process is intended to lock in subscription commitments before Anthropic's expected mid-November IPO; OpenAI's valuation reached $852 billion after raising $122 billion in March this year.

Daytona raises a $60 million Series B at a $1 billion valuation

Daytona, which provides cloud sandboxes for AI agents, has raised a $60 million Series B at a $1 billion valuation, led by FirstMark, bringing its total funding to about $91 million. Its customers include Anthropic, OpenAI, Nvidia, Cursor, Cognition, Meta, and Cohere, and CEO Burazin said the company's revenue run rate grew 25-fold between January and September. Daytona says it can provision a new sandbox for an agent within 60 milliseconds by pre-distributing snapshots of configured machines to servers' physical disks.

Eka Robotics Completes $150 Million Series A Funding at a $1.45 Billion Valuation

Eka Robotics has completed a $150 million Series A funding round led by a16z and F-Prime, at a post-money valuation of $1.45 billion. The company was founded by MIT professor Pulkit Agrawal and former Google DeepMind researcher Tuomas Haarnoja. Its vision-force-action model, paired with force-sensing grippers, can grasp about 1,500 objects weighing under 1 kg per hour, with a success rate exceeding 95%; the gripper costs less than $1,000 and is rated for 5 million cycles. The team uses a physics simulator to build reinforcement learning environments, and says it can generate thousands of hours of robot experience within minutes. It is currently running pilots with industrial customers for pick-and-place and cable manipulation.

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US Department of Homeland Security bans federal civilian agencies from using DeepSeek and related products

The US Department of Homeland Security publicly issued a ban on October 19, requiring US federal civilian executive agencies to stop procuring DeepSeek-related products and services and to remove DeepSeek-related products from existing information technology systems, including third-party products and services developed using DeepSeek solutions. According to the US Cybersecurity and Infrastructure Security Agency list, federal civilian executive agencies include 102 agencies such as the Department of the Treasury, the Department of Justice, the Department of State, and the Department of Agriculture. DeepSeek had previously been banned by the US Department of Commerce, congressional offices, the Pentagon, NASA, the US Navy and other departments; this time the ban has been expanded to all US federal civilian agencies.

Salesforce Announces $5.66 Billion Acquisition of Marketing Automation Company Braze

Salesforce announced it will acquire marketing automation company Braze for $5.66 billion in cash, or $47.5 per share, a premium of about 58% over Braze's previous closing price. Braze's revenue grew 26% year over year last quarter to $227.2 million; its platform aggregates customer data through more than 190 prebuilt connectors and offers BrazeAI to automatically generate marketing materials and Agentic Standards to set constraints for AI-generated campaigns. Salesforce plans to use its technology to enhance Marketing Cloud's cross-channel personalization capabilities, and the deal is expected to close in its fiscal year 2028.

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Tenstorrent Completes $150 Million Series E Funding at a $6.2 Billion Valuation

AI chip company Tenstorrent has completed a $150 million Series E funding round co-led by Trace Capital and Innovation X, at a valuation of $6.2 billion. The company centers on its RISC-V-based Tensix Neo accelerators and Ascalon CPU, paired with the TT-Forge, TT-Metalium, and TT-LLK open-source software stack, with products spanning Galaxy servers, TT-QuietBox workstations, and Blackhole cards. This round of funding will be used to expand Galaxy server production capacity, support RISC-V ecosystem research, and grow its global team.

Indian Supreme Court proposes hash database and penalty framework to platforms for CSAM regulation

In a 137-page order, the Indian Supreme Court declined to ban children from using social media or impose age-based restrictions, holding that internet access is a fundamental right guaranteed under Articles 21 and 19(1)(a) of the Constitution, while also proposing a regulatory framework for child sexual abuse and exploitation material (CSEAM/CSAM). The framework calls for a national database recording hashes and URLs of confirmed content, which could be built on the Sahyog portal, along with supporting processes including manual verification, an independent appeals channel, confirmation of reports within 24 hours, takedown within two hours, and reporting to bodies such as the SJPU. The court also recommended that the government consider fines beyond intermediary liability and the confiscation of revenue earned from disseminating such content through paywalls; the framework has not yet been implemented, and the government must submit an affidavit before the next hearing on December 10 explaining its progress.

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