AI Token Spend Reportedly Rose 42% in July. Across August and September, It Rose 1.5%.
Ramp's economist blames price cuts, which Anthropic says slashed its revenue growth by about $600 million.
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SAP Is Swapping Out Its Priciest AI Models. Customers Still Pay Per Completed Task.
The CFO ties the swaps to over €2 billion in efficiency gains. Regulated buyers increasingly exclude models by origin.
SAP
23% of Finance Leaders Can Trace AI Spend and Prove Its Return. Just 3% Got Turned Down.
Among everyone else, 19% failed to secure an AI investment. Both groups spend about the same.
Oracle Pays Up to 8.65% to Raise $20 Billion It Calls Its Final AI Build Funding
Shares sold at $116, about 11% below the Oct. 30 close. The stock is down 38% in 2026.
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Chinese Steelmaker NISCO Says 300 AI Models Save It More Than $15 Million a Year
Its energy use per ton of steel fell 12%. Workers built over 1,000 apps and agents.
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After Democratic Midterm Wins, Microsoft and Amazon Rose 6% and CoreWeave Fell 10%
Texas governor-elect Gina Hinojosa has proposed a statewide moratorium on new data center permits.
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Google Will Backstop TeraWulf's Financing for a $19 Billion Anthropic Data Center Lease
TeraWulf, a bitcoin miner turned AI landlord, signed the 20-year Kentucky lease in July. The borrowing isn't done yet.
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Wednesday, November 11
Cognition's SWE-2 Flash Costs One-Fifth as Much as SWE-2. Its Weights Stay Private.
Its exploit-benchmark score jumped to 34.8% from 11.3%. Weights go only to trusted partners.
NVDA
Broadridge's AI Cut Operations Work 25%. It Sees a Path to Nearly 50%.
AI savings hit $6 million in the quarter ended Sept. 30, on track for $25 million. Clients may get a share.
BR
Apple Reportedly Cuts Some Engineers' Daily AI Budgets to $200 From $300
Some non-engineering teams could fall to $25 a day. Exemptions go through senior executives.
AAPL
