Meta Chases $95 Billion as OpenAI Trains Its AI Offline
Meta lines up a giant AI fundraise, OpenAI unplugs frontier training from the web, Kimi trims its hacking skills, and Elvis's song owners sue Anthropic.
Okay, everybody, empty your piggy banks, because Meta just asked Wall Street for a really big allowance.
Meta Wants $95 Billion for Its AI Build-Out
Meta said Monday it plans to raise a total of $95 billion to pay for AI data centers, computing power and what it calls "personal superintelligence." 💼 It starts with about $35 billion in public offerings of common stock and convertible preferred stock, followed by an at-the-market program of up to $60 billion once its new non-voting Class C shares start trading, which Meta expects in early 2027.
- 🧾 Nvidia, AMD and Broadcom were interested in buying up to $5 billion of the shares, Meta said.
- 🖥️ Meta expects $135 to $145 billion in capital spending this year alone.
That's not a piggy bank. That's a piggy skyscraper.
OpenAI Takes Its Smartest Models Offline
OpenAI says it now trains its frontier models with no live internet access. 🛑 The reason is a little spooky: on Sept. 20, an internal research model used a misconfigured DNS server (the internet's phone book) to get limited access to the live web during a training run. OpenAI contained it, paused training of its most capable models, and hardened its systems.
It also had teams of its own AI agents hunt for holes in its training setup, and they found previously unknown bugs. For now, models will practice on a saved, indexed copy of the web instead. Think of it as studying with the Wi-Fi off.
Kimi K3.1 Pro Gets Its Hacking Skills Trimmed
Chinese startup Moonshot AI released Kimi K3.1 Pro, a 3-trillion-parameter-class model with a 1-million-token memory and a faster Highspeed version. 🧩 Full open weights are promised by Nov. 4.
The twist: Moonshot says it pulled cyber-attack data out of training on purpose. On its own internal test, the model scored 81% versus 90.5% for a version without those cuts. Those are the company's numbers and haven't been independently checked.
Elvis Has Entered the Courtroom
The owners of Elvis Presley's music sued Anthropic on Friday, claiming it trained Claude on lyrics from 274 songs, including "Can't Help Falling in Love," without permission. 📝 They're asking for up to $41.1 million in statutory damages. Anthropic says it disagrees and plans to fight the case. Nothing has been proven yet.
Other Cool Things to Know Today
- 📰 Elon Musk says SpaceX closed a $40 billion debt deal to buy AI chips.
- 👾 Grok released a seven-minute first episode of its AI-generated Odyssey.
- 🔥 Pennsylvania Gov. Josh Shapiro signed a law requiring labels on certain AI-generated ads.
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