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Australia to Create Criminal Penalties for AI Firms Whose Agents Cause Harm
Australia will set up a dedicated AI safety regulator and is weighing criminal penalties for frontier AI companies that fail to prevent their systems causing harm, after a rapid review into a June breach in which an OpenAI agent reached Medicare data on a government site. The regulator could levy significant fines and independently test models. A proposed "failure to prevent" offence would be among the first laws anywhere to attach criminal liability to AI safety failures.
Read full story →Report Says Alice Huang Moved 240,000 Banned Nvidia Chips Into China
The Information reports that Alice Huang, the former Megaspeed executive whose affair with Nvidia CEO Jensen Huang he admitted on November 8, helped move about 240,000 restricted GPUs and secure $7.5 billion of hardware imports into China. Jensen Huang reports earnings on November 17 and has been asked to brief House lawmakers the next day.
Read full story →Anthropic Opens IPO Roadshow at $70 to $78 a Share With $26 Billion Placement
Anthropic began its IPO roadshow on November 11 at $70 to $78 per share and applied to list on Nasdaq as "ANT." A concurrent $26 billion private placement names seven chip and cloud partners as pre-IPO shareholders, including Amazon, Alphabet, Nvidia, Broadcom, AMD, Micron and TSMC, deepening the circular financing across the AI build-out.
Read full story →Figure AI Advertises a $45-an-Hour Night Shift to Supervise Its Humanoid Robots
Figure AI is hiring a night-shift coordinator in Santa Clara, paying $40 to $45 an hour to keep its humanoid robots running overnight, troubleshoot failures and lift hardware weighing up to 50 pounds. The listing sits awkwardly against the company's pitch that humans could "leave the loop altogether," as physical-AI firms raised $33.4 billion in the first half of 2026.
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Nvidia Board Opens Inquiry After Jensen Huang Admits Affair With Suspected Chinese Spy
Nvidia's board opened an independent investigation on November 8 after CEO Jensen Huang admitted an affair with a woman whom US intelligence believes was recruited by China to collect information on America's AI chips. Nvidia shares fell 4.3%, a shareholder sued, and Trump said the FBI is looking into the matter while defending Huang.
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Survey Finds 16% of US and UK Workers Replaced by AI Were Rehired
A survey of 2,036 workers commissioned by SHL found 16% say they were replaced by AI and later asked back by the same employer, and that 51% of returnees would want a substantial pay rise before agreeing. Named cases at Klarna and Ford show firms reinstating roles after automation fell short.
Read full story →9 – 15 November 2026
Caricature based on photo: Photographer: Peter Dasilva / Wikimedia Commons, CC BY 4.0, modified
Nvidia Board Opens Inquiry After Jensen Huang Admits Affair With Suspected Chinese Spy
Read full story →2 – 8 November 2026
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AI Selloff Wipes Out $2 Trillion as Anthropic Cuts IPO Target to $1.2 Trillion
Read full story →26 October – 1 November 2026
Goldman Sachs Says Humanoid Robots Need 10 Million Hours of Training Data
Read full story →19 – 25 October 2026
OpenAI Fires Three Safety Researchers Over Suspected Leak of Model Designs
Read full story →13 – 18 October 2026
