Skip to content
Nakoda News
The Brief
Dubai's Nol Student Card to Handle Online and In-Store Payments Across the GCC From DecemberAnthropic Opens Australian Retail Share Offer as Bankers Weigh a $1.5 Trillion ValuationRubio Tells G7 Trump Has Chosen an Economic Squeeze on Iran Over War or a DealAnthropic Backers Offer Up to $500 Million of IPO Allocations at a PremiumSonos Returns to Growth and Pitches Its Speakers as a Home for Rival AI AgentsMeta Researchers Release e-means, a Faster Replacement for k-means Clustering in FAISSFire on Iran's South Pars Gas Platform Contained as 17 Workers Jump Into the SeaOpenAI's Third-Quarter Operating Loss Nearly Matched Its $10 Billion in Revenue

Daily Briefing

Wednesday, 11 November 2026

39 stories published on this day, grouped by section.

The day in brief

  • Abu Dhabi Police Sets 90% AI Readiness Target in 2026-2030 Strategic Plan: The four-year roadmap puts artificial intelligence at the centre of traffic enforcement, crime prevention and internal operations, and commits the force to answering emergency calls within five minutes.
  • Ajman Sets Up First Local Government Accelerators Centre, Starting With an AI Programme: A partnership with the federal Government Accelerators Centre will bring its fast-track methods to the emirate, and Ajman's first priority is speeding up AI projects.
  • Nvidia Board Hires Wachtell and Former Manhattan Prosecutor Joon Kim for Huang Inquiry: The independent directors' investigation will examine whether company secrets or US national security were compromised.
  • Anthropic's Seven Co-Founders Will Each Sell About $250 Million of Stock in IPO: Each founder plans to sell 3,378,378 shares, and after the offering the group will keep 51.1% of the votes through supervoting Class F stock.
  • UAE Cyber Chief Calls for Gulf Cybersecurity Union After Iran War Cyberattacks: Mohamed Al Kuwaiti told the Abu Dhabi Strategic Debate that the GCC's cyber committee shares intelligence but cannot respond to attacks, and that each state defended itself during the war.

AI

  1. Helsing to Launch AI Targeting Software in Berlin as a European Rival to Palantir

    The German defence firm is pitching the system to European governments that want to depend less on US technology, as Germany's military holds off on buying Palantir's Maven.

  2. Musk Says Grok 4.8 Is 'Not as Good' as Anthropic's Claude Opus 5.5

    The xAI founder called the rival model a masterpiece and said Grok 5 might overtake it in two or three months, without giving benchmarks or a firm date.

  3. Grok Build Share Links Exposed Users' Confidential Data, Researchers Say

    Security firm Claroc says anyone could list thousands of live projects on Musk's AI coding platform, including 24 apps that hold the company's own sales material.

Business

  1. EIA Lifts US Power Demand Forecast, Sees Records in 2026 and 2027

    The November outlook puts commercial electricity sales, the category that includes data centres, above residential sales next year, and has gas burned for power hitting a record.

  2. Fire on Iran's South Pars Gas Platform Contained as 17 Workers Jump Into the Sea

    The Phase 14 platform produces 14.5 million cubic metres a day of a field Iran shares with Qatar, and officials are considering a gas leak or operating fault as causes.

  3. Dubai's Nol Student Card to Handle Online and In-Store Payments Across the GCC From December

    The RTA upgrade gives the discounted transit card the same payment features as a standard Nol card, plus online renewal and parental account controls.

Companies

  1. Nvidia Board Hires Wachtell and Former Manhattan Prosecutor Joon Kim for Huang Inquiry

    The independent directors' investigation will examine whether company secrets or US national security were compromised. Nvidia shares fell about 6% on Tuesday, a week before quarterly results.

  2. Siemens Energy Adds Up to €9 Billion to Share Buybacks a Day Before Annual Results

    The extra repurchases run to the end of fiscal 2030 and lift total buyback capacity to as much as €15 billion, as AI data centres drive gas turbine demand.

  3. Oura Agrees to Buy AI Primary Care Startup Counsel Health for $625 Million in Cash

    The smart ring maker, which shelved its IPO weeks ago, also said quarterly revenue rose 153% to $533 million and it now has more than six million members.

  4. OpenAI Buys AI Travel Agent Odessia and Hires Sonder Co-Founder Francis Davidson

    The startup launched less than a year ago and has shut its standalone service, and shares of Expedia, Booking and Tripadvisor fell after the deal was announced.

  5. X-energy Wins US Permit to Build Four Small Modular Reactors at Dow's Texas Plant

    The NRC approved construction of the Long Mott station's Xe-100 reactors, but the plant needs a separate operating licence and is not expected to run until the early 2030s.

  6. CoreWeave Raises 2026 Forecast as Revenue Jumps 168% and Backlog Hits $132.5 Billion

    The GPU cloud provider beat revenue estimates after a month in which its shares lost more than 40%, but its net loss widened and debt neared $47 billion.

  7. OpenAI Tells Investors Third-Quarter Revenue Rose Nearly 50% to $10 Billion

    The rebound followed a slower second quarter and came as OpenAI raises money at a $1.25 trillion valuation, though rival Anthropic's filed quarterly revenue was close to $17 billion.

  8. Booz Allen Moves Its Defence and Cyber Software From Anthropic Models to Nvidia's Nemotron

    The government contractor's technology chief says the switch to open models has cut costs, but its developers still mostly write code with Anthropic's Claude Code.

  9. Mercor Raises $750 Million at $20 Billion Valuation to Sell AI Agent Testing to Enterprises

    The expert-data supplier to frontier labs doubled its valuation in about a year and wants companies to use it to train and test agents on their own work.

  10. Adobe Puts Acrobat Into Google Drive and Gmail and Brings More Tools to Gemini

    Google's Gemini models will power Acrobat's AI Assistant under the expanded deal, and Adobe's creative tools are heading to AI Mode in Google Search, though no dates were given.

  11. OpenAI's Third-Quarter Operating Loss Nearly Matched Its $10 Billion in Revenue

    The Wall Street Journal put the adjusted operating loss at about $10.9 billion, though the margin improved from the second quarter as sales grew about 50%.

  12. Sonos Returns to Growth and Pitches Its Speakers as a Home for Rival AI Agents

    Fourth-quarter revenue rose 20% to $344 million, but the speaker maker expects memory costs to cut deep into gross margin in the current quarter.

Markets

  1. Anthropic's Seven Co-Founders Will Each Sell About $250 Million of Stock in IPO

    Each founder plans to sell 3,378,378 shares, and after the offering the group will keep 51.1% of the votes through supervoting Class F stock.

  2. Hot October Inflation Lifts 10-Year Yield Above 5% and Drags Nvidia Below $4 Trillion

    Consumer prices rose 0.4% against a 0.3% forecast, leaving traders fully priced for a December Fed hike just as Anthropic markets the largest AI listing yet.

  3. Nscale Weighs Delaying Its $35 Billion New York Listing Until Next Year

    The Nvidia-backed British AI cloud company filed in September to raise about $3.5 billion, but Microsoft has since dropped two planned expansions of its work with Nscale.

  4. Goldman Models Anthropic Revenue at $685 Billion by 2030 as IPO Nears

    The estimates, described to Bloomberg by a person briefed on them, put enterprise sales at $586 billion and show Anthropic burning cash until 2030 as compute spending nears $400 billion.

  5. Anthropic Backers Offer Up to $500 Million of IPO Allocations at a Premium

    JonesTrading is marketing the block at 3% to 5% above the offering price, about a week before Anthropic is expected to price the largest listing on record.

  6. Anthropic Opens Australian Retail Share Offer as Bankers Weigh a $1.5 Trillion Valuation

    Individual investors can apply through eight local brokers until November 17, while the Financial Times says bankers are preparing to lift the IPO valuation above the marketed range.

Policy

  1. Abu Dhabi Police Sets 90% AI Readiness Target in 2026-2030 Strategic Plan

    The four-year roadmap puts artificial intelligence at the centre of traffic enforcement, crime prevention and internal operations, and commits the force to answering emergency calls within five minutes.

  2. Ajman Sets Up First Local Government Accelerators Centre, Starting With an AI Programme

    A partnership with the federal Government Accelerators Centre will bring its fast-track methods to the emirate, and Ajman's first priority is speeding up AI projects.

  3. UAE Cyber Chief Calls for Gulf Cybersecurity Union After Iran War Cyberattacks

    Mohamed Al Kuwaiti told the Abu Dhabi Strategic Debate that the GCC's cyber committee shares intelligence but cannot respond to attacks, and that each state defended itself during the war.

  4. New York Opens State AI Safety Center to Test Frontier Models Independently

    More than 80 researchers at the Binghamton-based center will evaluate advanced AI systems and review developers' safety frameworks before the RAISE Act's January registration deadline.

  5. US Senate Advances Permitting Bill That Would Make Data Centres Pay for Grid Costs

    Senators voted 73-25 to take up the bipartisan energy permitting bill, but Democrats' midterm win and House leader Hakeem Jeffries' objections cloud its final passage.

  6. House Republican Chair Threatens to Subpoena Nvidia's Huang Over Alleged Spy Ties

    Brian Mast says he will act if Huang does not agree by Wednesday to a closed-door briefing, as Nvidia shares erased their 2026 gains a week before earnings.

  7. Milei Courts US Data Centre Builders to Patagonia With Tax Cuts and No AI Rules

    An Argentine energy executive says US calls have poured in since American voters rejected data centre construction, but the projects and the tax break still face hurdles.

  8. Commerce Chief Lutnick Received Classified Warning About Nvidia CEO's Relationship

    The memo, drafted under Marco Rubio before Trump's May trip to China, raises questions about how Commerce weighed security risks while clearing Nvidia H200 sales to Chinese buyers.

  9. Rubio Tells G7 Trump Has Chosen an Economic Squeeze on Iran Over War or a Deal

    The strategy keeps the naval blockade in place with no end date, while Qatar's prime minister says there is still room for mediation and wants China and Europe as guarantors.

Research

  1. Startup PSI Uses Anthropic Model to Prove a Long-Open Quantum Computing Conjecture

    Scott Aaronson says the AI-assisted proof of the Aaronson-Ambainis conjecture checks out in Lean, as Physical Superintelligence tries to turn machine-driven science into a business.

  2. UAE's First Radar Satellite Sirb-1 Clears Final Design Review, Targets 2028 Launch

    The UAE Space Agency and EDGE's space unit FADA can now start building flight hardware, with the radar payload to be assembled and tested inside the country.

  3. Meta Researchers Release e-means, a Faster Replacement for k-means Clustering in FAISS

    The algorithm reaches the loss of 25 epochs of standard k-means in under three epochs, its authors say, cutting a slow offline step in building vector search indexes.

Products

  1. Google Brings Gemini Intelligence to Pixel 10 and Motorola, Adds AI-Built Widgets

    Gemini's app-spanning task automation expands to the UK, India and Japan, and a new tool lets users create homescreen widgets from a text prompt.

  2. Google Lets Gemini Users See and Edit What the Chatbot Remembers About Them

    Memory summary groups stored details into categories that users can correct or delete. Google is officially limiting it to paying US adults, though some others can already reach it.

  3. Meta Says Some of Its AI Glasses Can Get Too Warm When Moisture Gets Inside

    A software update makes affected Meta-branded frames shut down to cool off, and Meta will replace glasses that do; the Ray-Ban and Oakley models are not affected.

The Nakoda AI Brief

A concise briefing of what mattered in AI and business this week.

One email. Every Friday. No noise.