Tech sell-off continues as US Midterms and AI slowdown fears rattle investors
Technology stocks suffered a sharp sell-off this week as investors reassessed the outlook for artificial intelligence infrastructure following sweeping Democratic victories in the US midterm elections and growing concerns about whether massive AI investments will deliver expected returns. Thursday, November 5, was particularly painful for Wall Street. The tech-heavy Nasdaq Composite plunged 5.5%, its steepest single-day decline since April 2025, while the S&P 500 dropped 4.4%
Hackers target French blood banks in escalating wave of European industrial refrigeration cyberattacks
A spree of physical-disruption cyberattacks sweeping Western Europe escalated into critical healthcare infrastructure after hackers breached industrial cooling control systems operating across three regional facilities managed by France's national blood agency, the Établissement Français du Sang (EFS). The intruders remotely issued commands to override safety parameters and heat the cold-storage units up to 50°C (122°F), a temperature that would permanently spoil vital blood
OpenAI raises $11 billion at $1.25 trillion valuation as AI investor sentiment cools
OpenAI has secured $11 billion in fresh funding at a valuation of $1.25 trillion, marking the first portion of a larger investment round as the artificial intelligence company continues to finance its expansion. The funding was completed on Friday, November 6, according to a person familiar with the matter. Investors including SoftBank and Abu Dhabi-based investment firm MGX participated in the round. Editorial credit: Samuel Boivin / Shutterstock The $11 billion raised so fa
Activists breach Microsoft data centre construction site in Amsterdam as anti-AI protests sweep across Europe
]More than 100 activists broke into a Microsoft data centre construction site in Amsterdam on Friday, climbing cranes and occupying parts of the facility as protests against the rapid expansion of AI infrastructure spread across Europe. Editorial credit: hans engbers / Shutterstock The demonstration took place on November 6 in Amsterdam's Westpoort district, where Microsoft is developing a major AI data centre with Pure Data Centres. Some protesters climbed construction equip
OpenAI launches GPT-6 Cyber, uncovering 81 high-severity flaws in Firefox and hundreds of Linux kernel bugs
OpenAI has officially launched GPT-6 Cyber, a specialized variant of its frontier GPT-6 architecture trained specifically for offensive and defensive cybersecurity research. The model, built to autonomously discover software vulnerabilities, validate exploits, and generate candidate patches, immediately demonstrated its capabilities by uncovering 81 novel, high-severity zero-day flaws in Mozilla Firefox. For context, this is one of the world's most heavily audited open-source
