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OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion.

Echoing FT and Wall Street Journal reports from last week, Bloomberg says OpenAI is still pursuing additional investments that could increase the amount to $20 billion, and that it had initially hoped to raise as much as $30 billion at a higher valuation of $1.4 trillion. That was before tech stocks dropped, and the results of the midterms showed how much public o …

Read the full story at The Verge.

Apple has a secret list of banned autocomplete phrases including ‘dictator Trump’ and ‘covid is a hoax’

A hands-on photo of Apple’s iPhone 16E.

A researcher found over 100,000 words and phrases in "every major language" that are blocked from autocomplete and swipe-type in iOS, Reuters reports. The researcher, Derik Kauffman, says you can still type the words on the blocklist one letter at a time. But they won't pop up as predictive text suggestions and iOS's keyboard may automatically alter them when swipe-typing, like changing "left wing conspiracy" to "left wrong conspiracy."

Kauffman posted the full list online, including the individual lists for different languages.

Most of the words and phrases on the list are offensive, slurs, or related to topics like sex and drugs. But it …

Read the full story at The Verge.

Nintendo says it’s not planning another Switch 2 price hike

Nintendo president Shuntaro Furukawa said during the company's latest earnings call that it's "not considering additional changes" to the Switch 2's price, Reuters reports. The Switch 2 got a $50 price hike earlier this year, bringing its starting price up to $499. Nintendo said in Thursday's earnings report that Switch 2 sales have dropped 37.4 percent year-over-year.

According to Reuters, Furukawa also gave an update on the RAM shortage, saying, "There has been no major change to the memory situation and Nintendo is in a position to secure sufficient quantities."

Earlier this week, one of Nintendo's Switch 2 cartridge suppliers announced …

Read the full story at The Verge.

You can edit your videos with AI on Instagram’s new desktop Edits app

A promotional screenshot for Instagram’s desktop Edits app

Instagram's standalone video editing app is now available on macOS, where you can plug in your AI agent of choice to assemble your videos. Instagram's Matthew Simari, head of product management for Edits, said in an interview with The Verge, "One of the things we're releasing with Edits Desktop is a MCP for all the tools within Edits Desktop. You can use any agent you want, you can use Muse - we would love you to - but really any agent you want of [your] choice, to edit, tweak, work with your video."

The Edits app originally launched on mobile platforms last year. Simari said creators have been "heavily" requesting a desktop version, but AI …

Read the full story at The Verge.

Nothing teases a screen-free AI device ahead of launch next month

Photo of camera of Nothing Phone 4A in front of plants.

Nothing CEO Carl Pei said in a post on X that the company's launching its first AI device in December. That's just a little over a year after Pei announced plans for "AI-native" devices and an AI operating system. He didn't give away much about what exactly the new device is, only that one feature it won't have is a screen:

"Our first AI-native product ships next month. It's a tool, but one built with the personality and care that have come to define a Nothing product. It has no new screen, and it couldn't have been an app."

Pei shared an image with the post that says "NOTHING(R)" in the top left corner, above an ambiguous black rounded …

Read the full story at The Verge.

Nintendo is losing a Switch cartridge supplier

A photo showing a Nintendo Switch with a game cartridge.

Nintendo is about to lose a major memory supplier for its Switch cartridges. The supplier, Macronix, announced during a recent quarterly earnings call that it would be gradually phasing out ROM production and is instead focusing on NOR flash memory for data centers, Taipei Times reports.

Macronix's ROM revenue fell 39 percent compared with last year in Q3 2026, but its revenue from NOR memory rose 158 percent, and its revenue from NAND memory surged 768 percent year over year. According to Taipei Times, Macronix chairman and CEO Miin Wu said during its Q3 2026 earnings call that "demand for NOR used in data centers is very robust. Customers …

Read the full story at The Verge.

Sam Altman addresses RAM comments: people should ‘put as much as they want in their computers’

OpenAI CEO Sam Altman spent election night defending his position on PC RAM purchases. He changed his name on X to "Ram Altman" in response to another user's comment, saying, "i actually do want the world to have tons of memory and people to put as much as they want in their computers, and it is fucking annoying that this was taken out of context. i have been arguing for the world to ramp up memory production for a long time."

He replied to another comment, saying, "i want you to have so much ram lets build more."

but only because…i actually do want the world to have tons of memory and people to put as much as they want in their computers …

Read the full story at The Verge.

AMD rides data center riches to ‘largest and most profitable’ quarter in history

Photo collage of a data center.

AMD CEO Lisa Su said in the company's quarterly earnings call on Tuesday that Q3 2026 was "was the largest and most profitable in our history." AMD reported a record $13.4 billion in quarterly revenue, and it's predicting it will hit another record high next quarter of $17 billion. The company's data center business is driving that growth, with $8.5 billion in data center quarterly revenue for Q3 2026. Su said AMD's expecting its revenue to "grow more than 80 percent in 2027," adding that "data center will be the largest contributor."

Eventually, most of AMD's revenue might come from its data center business. In response to a question durin …

Read the full story at The Verge.

iPhone 18 rumors suggest a bigger battery, higher price next year

An iPhone held in a person’s hand.
The iPhone 17’s successor might cost more. | Photo: Amelia Holowaty Krales / The Verge

After Apple raised iPhone prices earlier this year, a new rumor claims it plans to launch the base iPhone 18 with a higher price, too. A Weibo post from leaker Digital Chat Station, spotted by 9to5Mac, says the base iPhone 18 is getting a couple of upgrades with the price hike, including a larger battery and a new 2-nanometer A20 chip. However, it reportedly won't have the smaller Dynamic Island featured on the iPhone 18 Pro and Pro Max.

The base iPhone 18 wasn't included in Apple's fall iPhone launch event, but Digital Chat Station claims it will arrive early next year, in line with previous reports. It's rumored to launch alongside a seco …

Read the full story at The Verge.

Apple’s latest watchOS beta includes its new always-on Audio Intelligence features

Simulated iphone and apple watch screenshots for Siri Recap

Starting today, Siri can tune into the Apple Watch's mic with Audio Intelligence features that are available in the new watchOS 27.3 developer beta rolling out now. The two new additions are Siri Recap, which uses "ambient listening" to generate summaries of your conversation, and Live Rewind, which generates text transcripts of the last 15 seconds of audio your watch's mic detected.

Apple is also releasing its redesigned Health app for testing today in the iOS 27.3 developer beta, and announced expanded language support in global English, Chinese (Simplified and Traditional), French, Japanese, Korean, Norwegian, Portuguese, Spanish, Turki …

Read the full story at The Verge.

One of Google’s Android partners turned 1.3 million set-top boxes into a botnet

A current Videostrong Android TV device.

Google says one of its Android manufacturing partners secretly built a backdoor in 1.3 million devices and turned them into a botnet. The company says it has now dismantled the backdoor and "cut ties" with the manufacturer, the Shenzhen, China-based Videostrong Technology Co., which has been banned from building or selling certified Android devices or supplying software for them.

The infected devices were used without owners' knowledge for "malicious activity," like ad fraud, data exfiltration, and routing unauthorized network traffic. Google claims the "backdoor and botnet were intentionally developed, deployed, and operated for financial …

Read the full story at The Verge.

Apple’s ‘Ultra’ smart home robot might have to wait until 2028

An image of the Apple logo on a colorful background.

Apple has reportedly delayed the launch of its rumored smart home robot until next year at the earliest or possibly even 2028, according to The Information. It says the robot's hardware "has been finished for around two years," but that the software isn't ready. The device's software team has reportedly pushed to delay the launch and "attempted to strip back some proposed features and focus the product on a few capabilities related to FaceTime and automating home tasks, like switching on a light."

According to The Information, the device is codenamed J595, but former Apple employees predict it will be called the "HomeView Ultra," taking aft …

Read the full story at The Verge.

The 16GB Raspberry Pi 5 got another ‘unavoidable’ RAM price hike

The new 16GB version of the Raspberry Pi 5 microcomputer against a neutral background.

The Raspberry Pi 5 with 16GB of RAM now costs $385 after an $80 price hike, the latest in a string of increases driven by the ongoing RAM shortage. This configuration launched at $120 and now costs more than triple that price. The 16GB versions of the Raspberry Pi Compute Module 5 also got a $40 price hike and now cost between $375 and $415.

According to Raspberry Pi CEO Eben Upton, these price hikes were driven specifically by a lack of "alternative supply" for 16GB DRAM, on top of shortages for other components. Upton says, "Though these increases are unavoidable, we know they are unwelcome news for our customers. We encourage you to make …

Read the full story at The Verge.

Sam Altman says it’s better for RAM to be in a data center than on your desk

Asked about supply chain shortages, like the ongoing RAM shortage, OpenAI CEO Sam Altman said in an interview that it's "terrible" to have RAM in personal PCs instead of data centers. During his appearance on the Cheeky Pint podcast, where he also commented on AI's impact on math, Altman said:

"A lot of people want local inference. And somehow, they assume that the problem is solved now because we are going to have open-source models, we're going to be able to run them on our computers, and so we're not going to need all the stuff in the data center.

But from a global allocation perspective, actually, it's quite terrible to have everybo …

Read the full story at The Verge.

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