Many will say Spa is the best racetrack on earth, but not for these F1 cars.
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OpenAI is reportedly working on a new funding round worth about $30 billion. The round would value the company at roughly $1.25 trillion. If completed at that level, it would make OpenAI the most highly valued private company on record. The raise is taking place ahead of a potential initial public offering. The source article provides limited additional detail beyond these points.
Canva has released Craft, its first image generation model, positioning it against offerings from OpenAI, Microsoft, and Google. The model uses a two-stage design that first plans a layout before producing the image, which the company says improves precision, consistency, and control. Craft can output images at up to 2K resolution across more than 30 aspect ratios. It is aimed at social media and marketing content, but also supports realistic scenes, digital art, and environmental imagery. The announcement was made Thursday.
Counterpoint Research reports that worldwide PC shipments dropped 21 percent year over year in the third quarter of 2026. The decline matches earlier figures from IDC and Omdia. Smartphone shipments fell to a 14-year low in the same quarter. Counterpoint attributes the PC slump mainly to higher component costs. After more than two years of growth, PC shipments reversed course in the second quarter of 2026.
This tech earnings watch collects the latest financial results and investor-call takeaways from across the sector. It highlights Tesla, where its Optimus robot is in production but its readiness is questioned, and where it plans to let customers add their own vehicles to its robotaxi fleet next year. Meta is creating a new class of shares to fund its AI push and says a child safety settlement cost it over $22 billion. Tesla's Q3 revenue was flat, and Musk said Tesla and SpaceX are discussing a possible merger and that SpaceX will attempt its first Starship and booster catch. Netlix, meanwhile, is reassuring investors despite declining viewing, and SpaceX reported a revenue jump driven by AI growth.
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