Here is the rundown.
💰 1. Tenstorrent: Tenstorrent reportedly raised a $1.5 billion Series E on October 19, 2026, valuing it at about $6.2 billion (reported).
https://aifundingtracker.com/ai-chip-startups
🚀 2. Strands Decider 2B: Amazon’s Velocity Labs reportedly released the open‑source model Strands Decider 2B on Oct. 1, a narrow‑decision engine for AI agents built on Alibaba’s Qwen.
https://www.geekwire.com/2026/amazon-rewrites-its-software-engineering-playbook-for-an-era-when-ai-writes-the-code
🚀 3. Tencent Hy4: Tencent announced the launch of its new large language model Tencent Hy4 and said model weights and system cards will be released in the coming days (announced).
https://www.tencent.com/tencent-launches-hy4-joining-the-ranks-of-the-worlds-leading-open-source-ai-models
🔬 4. James Whittington and Ruairidh Battleday: Their paper reportedly achieves up to 72.4x faster attention-layer processing at 10 m tokens of context, 22.7x faster prefill than a sparse-attention approach, and up to 9.2x quicker first-token latency (reported).
https://sifted.eu/articles/breakthrough-from-stealth-frontier-ai-lab-brnd
🌐 5. Pierre Computer Company: OpenAI announced the acquisition of Pierre Computer Company, which brings several open‑source tools into its portfolio, though the deal is still awaiting regulatory clearance (announced).
https://tech-insider.org/ca/openai-pierre-computer-acquisition-codex-code-storage-2026
🌐 6. Qwen: Qwen reportedly became the most downloaded open‑model family, surpassing Meta and Google according to recent download metrics (reported).
https://www.lawfaremedia.org/article/where-the-weight-lies--a-balancing-act-for-the-governance-of-open-weight-ai-models
🔐 7. Binance: A security incident at Binance reportedly affected about $6.3 billion in client assets, marking the largest crypto theft on record (reported).
https://www.cnbc.com/2026/10/31/binance-hack-crypto-wallet-safety.html
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Originally shared on LinkedIn.
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