Lumaril raises $66 million for industrial AI software
Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.
NeuroXess raises RMB 700 million for brain-computer interfaces
Shanghai-based NeuroXess raised RMB 700 million in Series B funding, TechNode reported. SDIC Juli, Shenzhen Capital Group and Qinzhi Capital co-led the round.
Five technology giants commit more than $3T to future spending
Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.
AI infrastructure spending pushes three technology giants into negative cash flow
Alphabet, Amazon and Meta reported negative free cash flow as infrastructure spending rose, TechCrunch reported. Alphabet recorded negative $9.1 billion in the third quarter, Meta negative $2.1 billion, and Amazon negative $42.4 billion over the past 12 months.
Linux flaw enables remote root exploit on servers using Multipath TCP
Anthropic researchers demonstrated remote root command execution through CVE-2026-98432 on a Linux server running a Multipath TCP listener, BleepingComputer reported.
Intel redirects planned PC chip capacity toward Xeon production
Intel is reallocating manufacturing resources from client processors to server CPUs as demand exceeds supply, Tom's Hardware reported, citing company executives.
