Stephanie Stam on WSJ What’s News
A study by researchers from Stanford, Carnegie Mellon, UC Berkeley, and Microsoft found lower-price AI models ultimately cost more in tokens in 32% of cases. In one test, Gemini 3.1 Pro completed a video-analysis task in 85 steps for $1, while Gemini 3 Flash failed after 952 steps and cost $14.Luke Vargas on WSJ What’s News
SpaceX agreed to buy cellular-spectrum licenses from an investment firm, preparing to enter the US wireless market dominated by AT&T, Verizon, and T-Mobile. The FCC also approved SpaceX’s plan to launch up to 15,000 satellites for mobile service, while shares of the three carriers fell after hours.Joe Stoner on WSJ What’s News
Reports that OpenAI’s September revenue was several billion dollars below previously signaled levels sent NVIDIA, Micron, and other AI-chip stocks lower. Investors later questioned whether the gap reflected lower guidance or accounting differences between net and gross revenue, helping tech stocks recover.Joe Stoner on WSJ What’s News
Cloud-computing firm Firmus scrapped plans to raise $30 billion in Australia’s largest IPO in 30 years after investors rejected its valuation. The NVIDIA-backed offering’s failure added to concerns about AI-company valuations and the funding needed for infrastructure.Luke Vargas on WSJ What’s News
An Immigration and Customs Enforcement officer shot and injured a man during a targeted operation in New York, according to DHS. Mayor Zohran Mamdani said the man was in a car with his five-year-old child, who was unharmed, and called for his release after unsuccessful negotiations.Luke Vargas on WSJ What’s News
Former United Nations human rights chief Navi Pillay won this year’s Nobel Peace Prize. The Norwegian Nobel Committee cited her work on South Africa’s high court, the International Criminal Tribunal for Rwanda, and war crimes related to the occupied Palestinian territory.Luke Vargas on WSJ What’s News
The Pentagon plans to livestream the firing-squad execution of former officer Nidal Hasan at Fort Hood in Texas on December 3. Hasan admitted killing 13 people in a 2009 shooting, and it would be the first US military execution in over 65 years.Stephanie Stam on WSJ What’s News
Businesses are struggling to forecast artificial-intelligence costs as model capabilities and token use change rapidly. Stephanie Stam said only 11% of respondents in a recent study could budget for AI properly, down from the prior year.Catherine Bindley on WSJ What’s News
AI chatbot use is spreading AI-style workplace language known as prompt speak, including contrast framing and terse caveman speak. Catherine Bindley reported that founders increasingly describe companies through phrases such as the three key pillars and market opportunity instead of personal origin stories.