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Nov 8, 2026
Revolut Swaps Claude Code for Chinese GLM, Cuts Coding Costs 90%
Revolut has moved roughly 2,000 engineers from Anthropic's Claude Code and OpenAI's Codex to a self-hosted instance of GLM 5.3, an open-weight model from Beijing-based Z.ai, cutting AI-assisted coding costs by approximately 90%. David Abitbol, who leads AI operations and infrastructure at Revolut, shared the migration story at the AI Engineer conference in New York, detailing how the fintech tuned the model from a "terrible" out-of-box experience of 14-second latency down to 1.6 seconds. The move underscores a growing trend: well-funded engineering organizations are betting on self-hosted open-weight models over per-seat SaaS subscriptions for AI coding tools.
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Nov 8, 2026
Elvis Estate and Eminem Publisher Sue Suno in Escalating AI Music Copyright War
The rights holders for Elvis Presley and Eminem's publisher Eight Mile Style filed separate federal lawsuits against AI music generator Suno on Friday, alleging copyright infringement and violations of Tennessee's ELVIS Act. The twin filings mark one of the first major tests of the 2024 voice-cloning law and escalate an already intense legal battle between the music industry and AI companies.
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Nov 9, 2026
Claude Code's 'Don't Ask Again' Exposed 2,539 Secrets on GitHub
Security firm Apiiro found that Claude Code's "don't ask again" feature stores passwords, API keys, and SSH logins in plain text in a local settings file — and over 1,000 copies ended up in public GitHub repositories. Anthropic's Claude Code lead acknowledged the issue but existing fixes may not fully solve it.
claude-codeanthropicsecurity
Nov 8, 2026
OpenAI Raises $11B at $1.25T Valuation, Falls Far Short of $30B Target
OpenAI closed the first $11 billion of a funding round that values the company at $1.25 trillion — less than half the $30 billion it originally targeted. The scaled-back raise, confirmed by CFO Sarah Friar, comes as AI stocks tumbled following the midterm elections and investor appetite for big-ticket AI bets shows signs of cooling. For builders and developers relying on OpenAI's platform, the funding gap raises questions about the pace of future model releases and infrastructure investment.
openaiopenai fundingai funding
Jun 18, 2026
Elastic Agent Memory Demo Shows Why Long Context Is Not Enough
Elastic published an open-source agent memory demo that turns long-running AI context into a search and retrieval architecture problem.
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